Call reports 2010
PLATINUM BANK — 2010
What PLATINUM 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 | 84,817,000 | 82,730,000 | 94,547,000 | 103,121,000 |
| Total loans | 72,936,000 | 76,042,000 | 77,426,000 | 80,675,000 |
| Allowance for loan losses | 998,000 | 1,047,000 | 1,060,000 | 1,158,000 |
| Securities available for sale | 189,000 | 170,000 | 165,000 | 15,159,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,766,000 | 72,141,000 | 85,204,000 | 93,758,000 |
| Interest-bearing deposits | 64,370,000 | 60,364,000 | 72,002,000 | 81,380,000 |
| Noninterest-bearing deposits | 12,396,000 | 11,777,000 | 13,202,000 | 12,378,000 |
| Equity capital | 7,850,000 | 8,318,000 | 9,072,000 | 9,065,000 |
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 | 1,188,000 | 2,429,000 | 3,706,000 | 5,029,000 |
| Interest expense | 348,000 | 707,000 | 1,057,000 | 1,413,000 |
| Net interest income | 840,000 | 1,722,000 | 2,649,000 | 3,616,000 |
| Noninterest income | 67,000 | 137,000 | 202,000 | 263,000 |
| Noninterest expense | 728,000 | 1,517,000 | 2,326,000 | 3,263,000 |
| Provision for loan losses | 67,000 | 116,000 | 145,000 | 242,000 |
| Pretax income | 112,000 | 226,000 | 380,000 | 374,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 112,000 | 226,000 | 380,000 | 374,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,832,000 | 8,296,000 | 9,050,000 | 9,044,000 |
| Total capital | 8,787,000 | 9,244,000 | 10,052,000 | 10,045,000 |
| Risk-weighted assets | 76,348,000 | 75,701,000 | 80,389,000 | 82,675,000 |