Call reports 2022
PREFERRED BANK — 2022
What PREFERRED BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 146,581,000 | 139,482,000 | 134,250,000 | 134,151,000 |
| Total loans | 46,243,000 | 47,693,000 | 47,754,000 | 48,381,000 |
| Allowance for loan losses | 408,000 | 411,000 | 419,000 | 418,000 |
| Securities available for sale | 73,390,000 | 67,392,000 | 70,642,000 | 72,438,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,054,000 | 136,925,000 | 132,651,000 | 130,058,000 |
| Interest-bearing deposits | 94,177,000 | 94,587,000 | 89,276,000 | 89,000,000 |
| Noninterest-bearing deposits | 45,877,000 | 42,338,000 | 43,375,000 | 41,058,000 |
| Equity capital | 6,435,000 | 2,446,000 | 1,486,000 | 3,026,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 864,000 | 1,768,000 | 2,786,000 | 3,870,000 |
| Interest expense | 48,000 | 109,000 | 192,000 | 295,000 |
| Net interest income | 816,000 | 1,659,000 | 2,594,000 | 3,575,000 |
| Noninterest income | 137,000 | 283,000 | 612,000 | 737,000 |
| Noninterest expense | 643,000 | 1,377,000 | 2,091,000 | 2,922,000 |
| Provision for loan losses | 3,000 | 10,000 | 19,000 | 29,000 |
| Pretax income | 309,000 | -601,000 | -60,000 | 205,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 309,000 | -601,000 | -60,000 | 205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,892,000 | 10,337,000 | 10,794,000 | 10,958,000 |
| Total capital | 11,300,000 | 10,748,000 | 11,213,000 | 11,376,000 |
| Risk-weighted assets | 53,423,000 | 52,791,000 | 51,983,000 | 51,893,000 |