Call reports 2018
PLATINUM BANK — 2018
What PLATINUM BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 221,556,000 | 236,142,000 | 238,204,000 | 254,539,000 |
| Total loans | 188,181,000 | 203,096,000 | 208,058,000 | 220,600,000 |
| Allowance for loan losses | 2,180,000 | 2,464,000 | 2,977,000 | 2,908,000 |
| Securities available for sale | 12,735,000 | 12,548,000 | 12,460,000 | 12,240,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,206,000 | 188,156,000 | 200,916,000 | 215,752,000 |
| Interest-bearing deposits | 129,069,000 | 130,241,000 | 135,623,000 | 149,967,000 |
| Noninterest-bearing deposits | 48,137,000 | 57,915,000 | 65,293,000 | 65,785,000 |
| Equity capital | 18,864,000 | 19,424,000 | 20,085,000 | 22,874,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,600,000 | 5,418,000 | 8,405,000 | 11,690,000 |
| Interest expense | 371,000 | 813,000 | 1,334,000 | 1,983,000 |
| Net interest income | 2,229,000 | 4,605,000 | 7,071,000 | 9,707,000 |
| Noninterest income | 211,000 | 453,000 | 783,000 | 1,042,000 |
| Noninterest expense | 1,573,000 | 3,105,000 | 4,638,000 | 6,295,000 |
| Provision for loan losses | 260,000 | 530,000 | 815,000 | -1,441,000 |
| Pretax income | 607,000 | 1,423,000 | 2,401,000 | 5,895,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 607,000 | 1,423,000 | 2,401,000 | 5,895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,070,000 | 19,641,000 | 20,288,000 | 23,108,000 |
| Total capital | 21,250,000 | 21,975,000 | 22,670,000 | 25,644,000 |
| Risk-weighted assets | 176,498,000 | 186,732,000 | 190,544,000 | 202,887,000 |