Call reports 2023
PLATINUM BANK — 2023
What PLATINUM BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 474,899,000 | 474,537,000 | 499,772,000 | 540,766,000 |
| Total loans | 411,138,000 | 411,217,000 | 436,869,000 | 474,569,000 |
| Allowance for loan losses | 5,230,000 | 4,924,000 | 5,734,000 | 5,446,000 |
| Securities available for sale | 54,380,000 | 50,552,000 | 52,436,000 | 54,394,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 398,387,000 | 353,724,000 | 398,378,000 | 427,439,000 |
| Interest-bearing deposits | 239,456,000 | 239,557,000 | 280,872,000 | 329,959,000 |
| Noninterest-bearing deposits | 158,931,000 | 114,167,000 | 117,506,000 | 97,480,000 |
| Equity capital | 41,285,000 | 40,134,000 | 40,042,000 | 44,233,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,822,000 | 13,971,000 | 21,738,000 | 30,233,000 |
| Interest expense | 1,978,000 | 4,810,000 | 8,084,000 | 12,019,000 |
| Net interest income | 4,844,000 | 9,161,000 | 13,654,000 | 18,214,000 |
| Noninterest income | 421,000 | 967,000 | 1,552,000 | 3,261,000 |
| Noninterest expense | 3,016,000 | 6,046,000 | 9,215,000 | 12,654,000 |
| Provision for loan losses | 250,000 | 260,000 | 1,046,000 | 1,046,000 |
| Pretax income | 1,999,000 | 3,526,000 | 4,649,000 | 7,479,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,999,000 | 3,526,000 | 4,649,000 | 7,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,774,000 | 44,950,000 | 45,723,000 | 47,470,000 |
| Total capital | 50,400,000 | 49,578,000 | 50,536,000 | 52,607,000 |
| Risk-weighted assets | 369,505,000 | 369,908,000 | 384,094,000 | 410,691,000 |