Call reports 2013
PREFERRED COMMUNITY BANK — 2013
What PREFERRED COMMUNITY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 75,560,000 | 76,660,000 | 79,942,000 | 85,226,000 |
| Total loans | 50,853,000 | 53,252,000 | 56,942,000 | 61,580,000 |
| Allowance for loan losses | 741,000 | 760,000 | 892,000 | 894,000 |
| Securities available for sale | 12,428,000 | 10,855,000 | 10,319,000 | 10,155,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,414,000 | 64,362,000 | 67,623,000 | 70,883,000 |
| Interest-bearing deposits | 57,176,000 | 56,525,000 | 60,243,000 | 62,110,000 |
| Noninterest-bearing deposits | 7,238,000 | 7,837,000 | 7,380,000 | 8,773,000 |
| Equity capital | 9,074,000 | 10,232,000 | 10,225,000 | 10,287,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 742,000 | 1,511,000 | 2,322,000 | 3,253,000 |
| Interest expense | 154,000 | 299,000 | 433,000 | 563,000 |
| Net interest income | 588,000 | 1,212,000 | 1,889,000 | 2,690,000 |
| Noninterest income | 90,000 | 188,000 | 252,000 | 321,000 |
| Noninterest expense | 572,000 | 1,188,000 | 1,819,000 | 2,468,000 |
| Provision for loan losses | 23,000 | 41,000 | 48,000 | 47,000 |
| Pretax income | 123,000 | 250,000 | 357,000 | 579,000 |
| Income tax | 46,000 | 94,000 | 134,000 | 235,000 |
| Net income | 77,000 | 156,000 | 223,000 | 344,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,403,000 | 7,878,000 | 7,997,000 | 8,230,000 |
| Total capital | 7,012,000 | 8,485,000 | 8,612,000 | 8,889,000 |
| Risk-weighted assets | 47,866,000 | 48,251,000 | 50,491,000 | 52,478,000 |