Call reports 2021
PREFERRED BANK — 2021
What PREFERRED BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 142,892,000 | 140,500,000 | 142,313,000 | 138,589,000 |
| Total loans | 39,694,000 | 41,700,000 | 42,697,000 | 44,703,000 |
| Allowance for loan losses | 418,000 | 413,000 | 410,000 | 407,000 |
| Securities available for sale | 79,029,000 | 80,861,000 | 78,694,000 | 78,637,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,909,000 | 129,697,000 | 131,643,000 | 128,561,000 |
| Interest-bearing deposits | 90,962,000 | 89,990,000 | 86,945,000 | 87,958,000 |
| Noninterest-bearing deposits | 41,947,000 | 39,707,000 | 44,698,000 | 40,603,000 |
| Equity capital | 9,795,000 | 10,585,000 | 10,559,000 | 9,959,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 794,000 | 1,762,000 | 2,655,000 | 3,457,000 |
| Interest expense | 65,000 | 121,000 | 171,000 | 219,000 |
| Net interest income | 729,000 | 1,641,000 | 2,484,000 | 3,238,000 |
| Noninterest income | 127,000 | 257,000 | 395,000 | 536,000 |
| Noninterest expense | 606,000 | 1,223,000 | 1,893,000 | 2,626,000 |
| Provision for loan losses | 0 | 0 | 1,000 | 2,000 |
| Pretax income | 250,000 | 675,000 | 994,000 | 1,155,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 250,000 | 675,000 | 994,000 | 1,155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,615,000 | 9,952,000 | 9,815,000 | 9,786,000 |
| Total capital | 10,033,000 | 10,365,000 | 10,225,000 | 10,193,000 |
| Risk-weighted assets | 47,532,000 | 50,095,000 | 52,029,000 | 53,737,000 |