Call reports 2010
PLATINUM BANK — 2010
What PLATINUM BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 116,101,000 | 112,044,000 | 114,285,000 | 118,190,000 |
| Total loans | 86,166,000 | 85,282,000 | 87,594,000 | 89,655,000 |
| Allowance for loan losses | 1,032,000 | 1,038,000 | 1,115,000 | 2,391,000 |
| Securities available for sale | 9,769,000 | 8,393,000 | 12,282,000 | 7,730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,974,000 | 93,465,000 | 90,746,000 | 96,522,000 |
| Interest-bearing deposits | 92,939,000 | 88,791,000 | 86,168,000 | 85,207,000 |
| Noninterest-bearing deposits | 5,035,000 | 4,674,000 | 4,578,000 | 11,315,000 |
| Equity capital | 17,837,000 | 17,746,000 | 18,140,000 | 16,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,488,000 | 2,925,000 | 4,469,000 | 5,977,000 |
| Interest expense | 536,000 | 1,036,000 | 1,490,000 | 1,898,000 |
| Net interest income | 952,000 | 1,889,000 | 2,979,000 | 4,079,000 |
| Noninterest income | 62,000 | 99,000 | 150,000 | 18,000 |
| Noninterest expense | 841,000 | 1,737,000 | 2,653,000 | 3,586,000 |
| Provision for loan losses | 64,000 | 119,000 | 196,000 | 1,582,000 |
| Pretax income | 125,000 | 148,000 | 297,000 | -1,038,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 125,000 | 148,000 | 297,000 | -1,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,084,000 | 12,142,000 | 12,358,000 | 10,995,000 |
| Total capital | 13,116,000 | 13,180,000 | 13,464,000 | 12,152,000 |
| Risk-weighted assets | 86,834,000 | 85,991,000 | 87,693,000 | 90,548,000 |