Call reports 2010
PREFERRED COMMUNITY BANK — 2010
What PREFERRED COMMUNITY BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 57,029,000 | 59,821,000 | 64,798,000 | 69,134,000 |
| Total loans | 37,959,000 | 41,357,000 | 40,539,000 | 41,835,000 |
| Allowance for loan losses | 1,033,000 | 1,292,000 | 1,779,000 | 1,481,000 |
| Securities available for sale | 5,767,000 | 6,834,000 | 9,184,000 | 12,353,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,157,000 | 47,358,000 | 52,655,000 | 57,492,000 |
| Interest-bearing deposits | 41,763,000 | 44,592,000 | 49,178,000 | 53,716,000 |
| Noninterest-bearing deposits | 2,394,000 | 2,766,000 | 3,477,000 | 3,776,000 |
| Equity capital | 9,549,000 | 9,309,000 | 8,945,000 | 8,486,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 639,000 | 1,288,000 | 1,969,000 | 2,644,000 |
| Interest expense | 252,000 | 490,000 | 721,000 | 971,000 |
| Net interest income | 387,000 | 798,000 | 1,248,000 | 1,673,000 |
| Noninterest income | 62,000 | 125,000 | 191,000 | 263,000 |
| Noninterest expense | 575,000 | 1,185,000 | 1,795,000 | 2,651,000 |
| Provision for loan losses | 239,000 | 591,000 | 1,129,000 | 1,260,000 |
| Pretax income | -364,000 | -852,000 | -1,405,000 | -1,878,000 |
| Income tax | -138,000 | -321,000 | -529,000 | -681,000 |
| Net income | -226,000 | -531,000 | -876,000 | -1,197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,062,000 | 7,585,000 | 7,039,000 | 6,447,000 |
| Total capital | 8,668,000 | 8,164,000 | 7,650,000 | 7,061,000 |
| Risk-weighted assets | 48,135,000 | 45,612,000 | 47,670,000 | 49,635,000 |