Call reports 2007
PLATINUM BANK — 2007
What PLATINUM BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Total assets | 79,836,000 | 83,744,000 | 90,296,000 |
| Total loans | 45,499,000 | 67,425,000 | 72,545,000 |
| Allowance for loan losses | 502,000 | 563,000 | 622,000 |
| Securities available for sale | 0 | 0 | 5,253,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 64,362,000 | 66,625,000 | 73,062,000 |
| Interest-bearing deposits | 60,899,000 | 62,374,000 | 69,092,000 |
| Noninterest-bearing deposits | 3,463,000 | 4,251,000 | 3,970,000 |
| Equity capital | 14,062,000 | 16,751,000 | 16,953,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Interest income | 98,000 | 1,709,000 | 3,326,000 |
| Interest expense | 49,000 | 670,000 | 1,401,000 |
| Net interest income | 49,000 | 1,039,000 | 1,925,000 |
| Noninterest income | 3,000 | 133,000 | 56,000 |
| Noninterest expense | 807,000 | 1,573,000 | 2,123,000 |
| Provision for loan losses | 0 | 47,000 | 106,000 |
| Pretax income | -755,000 | -448,000 | -248,000 |
| Income tax | 0 | 5,000 | 0 |
| Net income | -755,000 | -453,000 | -248,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|
| Tier 1 capital | 7,942,000 | 10,681,000 | 10,923,000 |
| Total capital | 8,444,000 | 11,244,000 | 11,545,000 |
| Risk-weighted assets | 47,718,000 | 65,906,000 | 70,850,000 |