Call reports 2007
PLATINUM BANK — 2007
What PLATINUM BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 9,016,000 | 19,305,000 | 18,921,000 | 24,103,000 |
| Total loans | 321,000 | 10,765,000 | 17,898,000 | 22,833,000 |
| Allowance for loan losses | 4,000 | 119,000 | 194,000 | 243,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,288,000 | 11,920,000 | 10,334,000 | 16,913,000 |
| Interest-bearing deposits | 444,000 | 4,726,000 | 5,569,000 | 13,254,000 |
| Noninterest-bearing deposits | 844,000 | 7,194,000 | 4,765,000 | 3,659,000 |
| Equity capital | 7,728,000 | 7,382,000 | 7,229,000 | 6,992,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 54,000 | 252,000 | 618,000 | 1,065,000 |
| Interest expense | 0 | 15,000 | 79,000 | 176,000 |
| Net interest income | 54,000 | 237,000 | 539,000 | 889,000 |
| Noninterest income | 0 | 1,000 | 11,000 | 22,000 |
| Noninterest expense | 322,000 | 737,000 | 1,127,000 | 1,676,000 |
| Provision for loan losses | 4,000 | 119,000 | 194,000 | 243,000 |
| Pretax income | -272,000 | -618,000 | -771,000 | -1,008,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -272,000 | -618,000 | -771,000 | -1,008,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,728,000 | 7,382,000 | 7,229,000 | 6,992,000 |
| Total capital | 7,732,000 | 7,501,000 | 7,423,000 | 7,235,000 |
| Risk-weighted assets | 2,620,000 | 14,304,000 | 17,651,000 | 22,932,000 |