Call reports 2014
PLATINUM BANK — 2014
What PLATINUM BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 145,197,000 | 139,884,000 | 143,953,000 | 151,762,000 |
| Total loans | 97,690,000 | 100,123,000 | 104,932,000 | 106,514,000 |
| Allowance for loan losses | 1,544,000 | 1,544,000 | 1,583,000 | 1,471,000 |
| Securities available for sale | 26,796,000 | 26,791,000 | 24,572,000 | 24,403,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,318,000 | 124,187,000 | 127,621,000 | 129,845,000 |
| Interest-bearing deposits | 96,647,000 | 91,372,000 | 90,096,000 | 87,659,000 |
| Noninterest-bearing deposits | 33,671,000 | 32,815,000 | 37,525,000 | 42,186,000 |
| Equity capital | 14,563,000 | 15,351,000 | 15,879,000 | 16,538,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,508,000 | 3,078,000 | 4,687,000 | 6,247,000 |
| Interest expense | 292,000 | 574,000 | 848,000 | 1,114,000 |
| Net interest income | 1,216,000 | 2,504,000 | 3,839,000 | 5,133,000 |
| Noninterest income | 95,000 | 255,000 | 408,000 | 524,000 |
| Noninterest expense | 783,000 | 1,609,000 | 2,422,000 | 3,210,000 |
| Provision for loan losses | 70,000 | 70,000 | 110,000 | 110,000 |
| Pretax income | 458,000 | 1,077,000 | 1,659,000 | 2,274,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 458,000 | 1,077,000 | 1,659,000 | 2,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,054,000 | 16,448,000 | 16,720,000 | 17,039,000 |
| Total capital | 17,263,000 | 17,688,000 | 18,020,000 | 18,359,000 |
| Risk-weighted assets | 96,355,000 | 98,863,000 | 103,758,000 | 105,419,000 |