Call reports 2017
PLATINUM BANK — 2017
What PLATINUM BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 183,488,000 | 195,242,000 | 216,321,000 | 210,859,000 |
| Total loans | 155,797,000 | 165,929,000 | 170,655,000 | 181,265,000 |
| Allowance for loan losses | 1,732,000 | 1,973,000 | 2,243,000 | 1,918,000 |
| Securities available for sale | 12,492,000 | 12,508,000 | 13,376,000 | 12,996,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,294,000 | 156,400,000 | 176,909,000 | 171,448,000 |
| Interest-bearing deposits | 103,740,000 | 107,247,000 | 124,782,000 | 113,827,000 |
| Noninterest-bearing deposits | 51,554,000 | 49,153,000 | 52,127,000 | 57,621,000 |
| Equity capital | 17,783,000 | 18,335,000 | 18,745,000 | 18,640,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,922,000 | 4,187,000 | 6,569,000 | 9,061,000 |
| Interest expense | 208,000 | 458,000 | 787,000 | 1,125,000 |
| Net interest income | 1,714,000 | 3,729,000 | 5,782,000 | 7,936,000 |
| Noninterest income | 428,000 | 676,000 | 1,039,000 | 1,343,000 |
| Noninterest expense | 1,373,000 | 2,790,000 | 4,267,000 | 5,932,000 |
| Provision for loan losses | 255,000 | 515,000 | 785,000 | 1,155,000 |
| Pretax income | 516,000 | 1,100,000 | 1,769,000 | 2,192,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 516,000 | 1,100,000 | 1,769,000 | 2,192,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,871,000 | 18,250,000 | 18,629,000 | 18,738,000 |
| Total capital | 19,603,000 | 20,223,000 | 20,647,000 | 20,656,000 |
| Risk-weighted assets | 156,968,000 | 159,315,000 | 161,204,000 | 175,011,000 |