Call reports 2022
PLATINUM BANK — 2022
What PLATINUM BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 479,568,000 | 447,487,000 | 458,162,000 | 476,583,000 |
| Total loans | 333,912,000 | 362,905,000 | 394,191,000 | 409,062,000 |
| Allowance for loan losses | 3,898,000 | 4,382,000 | 5,188,000 | 4,550,000 |
| Securities available for sale | 48,154,000 | 50,363,000 | 51,177,000 | 51,817,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 439,628,000 | 408,484,000 | 394,261,000 | 389,330,000 |
| Interest-bearing deposits | 238,737,000 | 213,235,000 | 241,262,000 | 222,530,000 |
| Noninterest-bearing deposits | 200,891,000 | 195,249,000 | 152,999,000 | 166,800,000 |
| Equity capital | 39,288,000 | 38,079,000 | 38,061,000 | 39,468,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,220,000 | 9,093,000 | 14,661,000 | 21,069,000 |
| Interest expense | 338,000 | 671,000 | 1,239,000 | 2,654,000 |
| Net interest income | 3,882,000 | 8,422,000 | 13,422,000 | 18,415,000 |
| Noninterest income | 996,000 | 1,710,000 | 2,354,000 | 2,782,000 |
| Noninterest expense | 2,620,000 | 5,401,000 | 8,143,000 | 11,232,000 |
| Provision for loan losses | 150,000 | 625,000 | 1,425,000 | 1,625,000 |
| Pretax income | 2,108,000 | 4,106,000 | 6,207,000 | 8,341,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,108,000 | 4,106,000 | 6,207,000 | 8,341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,231,000 | 42,230,000 | 44,031,000 | 44,614,000 |
| Total capital | 44,076,000 | 46,421,000 | 48,571,000 | 49,164,000 |
| Risk-weighted assets | 307,547,000 | 335,069,000 | 362,523,000 | 373,642,000 |