Call reports 2007
PREFERRED COMMUNITY BANK — 2007
What PREFERRED COMMUNITY BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Total assets | 12,794,000 | 14,275,000 | 16,456,000 |
| Total loans | 252,000 | 4,779,000 | 7,192,000 |
| Allowance for loan losses | 2,000 | 60,000 | 90,000 |
| Securities available for sale | 1,720,000 | 3,238,000 | 4,837,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 1,664,000 | 3,165,000 | 5,377,000 |
| Interest-bearing deposits | 1,437,000 | 1,716,000 | 4,071,000 |
| Noninterest-bearing deposits | 227,000 | 1,449,000 | 1,306,000 |
| Equity capital | 11,101,000 | 11,082,000 | 11,039,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Interest income | 132,000 | 342,000 | 565,000 |
| Interest expense | 8,000 | 23,000 | 47,000 |
| Net interest income | 124,000 | 319,000 | 518,000 |
| Noninterest income | 0 | 2,000 | 6,000 |
| Noninterest expense | 321,000 | 666,000 | 1,288,000 |
| Provision for loan losses | 2,000 | 60,000 | 90,000 |
| Pretax income | -199,000 | -405,000 | -854,000 |
| Income tax | 0 | 0 | -266,000 |
| Net income | -199,000 | -405,000 | -588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Tier 1 capital | 11,129,000 | 11,068,000 | 11,020,000 |
| Total capital | 11,131,000 | 11,128,000 | 11,110,000 |
| Risk-weighted assets | 3,091,000 | 7,230,000 | 9,823,000 |