Call reports 2016
PLATINUM BANK — 2016
What PLATINUM BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 162,589,000 | 167,806,000 | 176,064,000 | 177,718,000 |
| Total loans | 135,097,000 | 145,340,000 | 146,295,000 | 148,186,000 |
| Allowance for loan losses | 1,710,000 | 1,917,000 | 2,036,000 | 1,726,000 |
| Securities available for sale | 17,800,000 | 17,123,000 | 15,231,000 | 14,591,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,844,000 | 142,343,000 | 151,355,000 | 155,142,000 |
| Interest-bearing deposits | 93,842,000 | 97,493,000 | 103,048,000 | 105,695,000 |
| Noninterest-bearing deposits | 45,002,000 | 44,850,000 | 48,307,000 | 49,447,000 |
| Equity capital | 18,569,000 | 18,857,000 | 19,331,000 | 17,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,744,000 | 3,575,000 | 5,441,000 | 7,333,000 |
| Interest expense | 183,000 | 377,000 | 588,000 | 801,000 |
| Net interest income | 1,561,000 | 3,198,000 | 4,853,000 | 6,532,000 |
| Noninterest income | 197,000 | 396,000 | 562,000 | 907,000 |
| Noninterest expense | 1,043,000 | 2,167,000 | 3,237,000 | 4,336,000 |
| Provision for loan losses | 165,000 | 467,000 | 586,000 | 2,936,000 |
| Pretax income | 543,000 | 952,000 | 1,585,000 | 160,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 543,000 | 952,000 | 1,585,000 | 160,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,483,000 | 18,646,000 | 19,096,000 | 17,355,000 |
| Total capital | 20,134,000 | 20,416,000 | 20,919,000 | 19,081,000 |
| Risk-weighted assets | 131,993,000 | 141,448,000 | 145,607,000 | 151,493,000 |