Call reports 2011
PLATINUM BANK — 2011
What PLATINUM BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 108,094,000 | 112,030,000 | 134,824,000 | 133,815,000 |
| Total loans | 83,962,000 | 85,302,000 | 85,766,000 | 87,674,000 |
| Allowance for loan losses | 1,100,000 | 1,100,000 | 1,115,000 | 1,000,000 |
| Securities available for sale | 14,644,000 | 15,811,000 | 22,135,000 | 30,431,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,665,000 | 101,773,000 | 120,145,000 | 119,180,000 |
| Interest-bearing deposits | 84,628,000 | 89,372,000 | 102,773,000 | 102,608,000 |
| Noninterest-bearing deposits | 14,037,000 | 12,401,000 | 17,372,000 | 16,572,000 |
| Equity capital | 9,237,000 | 10,000,000 | 14,328,000 | 14,141,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,436,000 | 2,889,000 | 4,418,000 | 6,001,000 |
| Interest expense | 376,000 | 735,000 | 1,106,000 | 1,532,000 |
| Net interest income | 1,060,000 | 2,154,000 | 3,312,000 | 4,469,000 |
| Noninterest income | 63,000 | 158,000 | 205,000 | 274,000 |
| Noninterest expense | 834,000 | 1,704,000 | 2,649,000 | 3,861,000 |
| Provision for loan losses | 43,000 | 42,000 | 57,000 | 116,000 |
| Pretax income | 246,000 | 566,000 | 1,111,000 | 1,082,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 246,000 | 566,000 | 1,111,000 | 1,082,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,291,000 | 9,611,000 | 14,163,000 | 14,135,000 |
| Total capital | 10,391,000 | 10,647,000 | 15,278,000 | 15,135,000 |
| Risk-weighted assets | 89,074,000 | 88,367,000 | 91,106,000 | 87,124,000 |