Call reports 2009
PLATINUM BANK — 2009
What PLATINUM BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 72,331,000 | 75,865,000 | 77,174,000 | 82,950,000 |
| Total loans | 58,473,000 | 63,605,000 | 65,765,000 | 68,146,000 |
| Allowance for loan losses | 643,000 | 700,000 | 726,000 | 931,000 |
| Securities available for sale | 3,296,000 | 3,386,000 | 1,210,000 | 5,194,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,700,000 | 68,153,000 | 68,953,000 | 75,000,000 |
| Interest-bearing deposits | 60,461,000 | 57,724,000 | 55,261,000 | 64,372,000 |
| Noninterest-bearing deposits | 5,239,000 | 10,429,000 | 13,692,000 | 10,628,000 |
| Equity capital | 6,452,000 | 7,516,000 | 7,999,000 | 7,737,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,033,000 | 2,182,000 | 3,383,000 | 4,494,000 |
| Interest expense | 410,000 | 837,000 | 1,182,000 | 1,518,000 |
| Net interest income | 623,000 | 1,345,000 | 2,201,000 | 2,976,000 |
| Noninterest income | 29,000 | 77,000 | 360,000 | 473,000 |
| Noninterest expense | 559,000 | 1,241,000 | 1,965,000 | 2,797,000 |
| Provision for loan losses | 60,000 | 117,000 | 316,000 | 558,000 |
| Pretax income | 33,000 | 64,000 | 291,000 | 104,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 33,000 | 64,000 | 291,000 | 104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,843,000 | 7,630,000 | 7,907,000 | 7,720,000 |
| Total capital | 7,486,000 | 8,330,000 | 8,633,000 | 8,613,000 |
| Risk-weighted assets | 64,534,000 | 70,401,000 | 69,519,000 | 71,397,000 |