Call reports 2021
PLATINUM BANK — 2021
What PLATINUM BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 466,847,000 | 425,554,000 | 476,750,000 | 533,418,000 |
| Total loans | 336,435,000 | 315,806,000 | 329,380,000 | 314,633,000 |
| Allowance for loan losses | 4,759,000 | 4,988,000 | 5,006,000 | 3,740,000 |
| Securities available for sale | 16,153,000 | 20,644,000 | 23,552,000 | 30,456,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 433,524,000 | 390,062,000 | 440,049,000 | 493,331,000 |
| Interest-bearing deposits | 246,018,000 | 217,495,000 | 240,978,000 | 233,604,000 |
| Noninterest-bearing deposits | 187,506,000 | 172,567,000 | 199,071,000 | 259,727,000 |
| Equity capital | 32,819,000 | 34,863,000 | 35,702,000 | 38,293,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,450,000 | 8,328,000 | 12,714,000 | 17,323,000 |
| Interest expense | 329,000 | 641,000 | 958,000 | 1,295,000 |
| Net interest income | 4,121,000 | 7,687,000 | 11,756,000 | 16,028,000 |
| Noninterest income | 521,000 | 1,282,000 | 2,171,000 | 3,433,000 |
| Noninterest expense | 2,151,000 | 4,273,000 | 6,721,000 | 9,554,000 |
| Provision for loan losses | 225,000 | 450,000 | 450,000 | 450,000 |
| Pretax income | 2,266,000 | 4,246,000 | 6,756,000 | 9,473,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,266,000 | 4,246,000 | 6,756,000 | 9,473,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,613,000 | 34,593,000 | 35,406,000 | 38,124,000 |
| Total capital | 35,667,000 | 37,782,000 | 38,943,000 | 41,585,000 |
| Risk-weighted assets | 242,601,000 | 253,359,000 | 281,482,000 | 276,639,000 |