Call reports 2019
PLATINUM BANK — 2019
What PLATINUM BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 246,525,000 | 263,231,000 | 276,730,000 | 278,783,000 |
| Total loans | 213,704,000 | 216,355,000 | 225,507,000 | 237,353,000 |
| Allowance for loan losses | 3,078,000 | 3,047,000 | 2,949,000 | 3,166,000 |
| Securities available for sale | 8,786,000 | 8,326,000 | 8,256,000 | 10,993,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,305,000 | 229,326,000 | 242,066,000 | 243,629,000 |
| Interest-bearing deposits | 137,034,000 | 148,401,000 | 156,471,000 | 153,189,000 |
| Noninterest-bearing deposits | 62,271,000 | 80,925,000 | 85,595,000 | 90,440,000 |
| Equity capital | 22,724,000 | 23,200,000 | 23,955,000 | 24,293,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,203,000 | 6,290,000 | 9,683,000 | 13,099,000 |
| Interest expense | 655,000 | 1,361,000 | 2,133,000 | 2,927,000 |
| Net interest income | 2,548,000 | 4,929,000 | 7,550,000 | 10,172,000 |
| Noninterest income | 265,000 | 489,000 | 767,000 | 962,000 |
| Noninterest expense | 1,557,000 | 3,110,000 | 4,777,000 | 6,564,000 |
| Provision for loan losses | 170,000 | 360,000 | 555,000 | 750,000 |
| Pretax income | 1,086,000 | 1,948,000 | 2,985,000 | 3,820,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,086,000 | 1,948,000 | 2,985,000 | 3,820,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,769,000 | 23,156,000 | 23,843,000 | 24,203,000 |
| Total capital | 25,246,000 | 25,657,000 | 26,451,000 | 26,895,000 |
| Risk-weighted assets | 197,568,000 | 199,512,000 | 208,328,000 | 214,912,000 |