Call reports 2011
PLATINUM BANK — 2011
What PLATINUM BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 120,909,000 | 124,855,000 | 131,352,000 | 144,386,000 |
| Total loans | 93,858,000 | 93,758,000 | 96,884,000 | 96,104,000 |
| Allowance for loan losses | 2,514,000 | 2,064,000 | 2,087,000 | 2,144,000 |
| Securities available for sale | 7,709,000 | 7,634,000 | 3,532,000 | 23,568,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,797,000 | 101,413,000 | 109,442,000 | 121,531,000 |
| Interest-bearing deposits | 88,153,000 | 94,989,000 | 100,514,000 | 107,079,000 |
| Noninterest-bearing deposits | 11,644,000 | 6,424,000 | 8,929,000 | 14,452,000 |
| Equity capital | 16,841,000 | 17,114,000 | 17,422,000 | 18,592,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,629,000 | 3,270,000 | 4,901,000 | 6,524,000 |
| Interest expense | 381,000 | 760,000 | 1,173,000 | 1,556,000 |
| Net interest income | 1,248,000 | 2,510,000 | 3,728,000 | 4,968,000 |
| Noninterest income | 94,000 | 157,000 | 226,000 | 290,000 |
| Noninterest expense | 960,000 | 2,099,000 | 3,314,000 | 4,333,000 |
| Provision for loan losses | 137,000 | 180,000 | 202,000 | 327,000 |
| Pretax income | 245,000 | 388,000 | 543,000 | 703,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 245,000 | 388,000 | 543,000 | 703,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,287,000 | 11,478,000 | 11,877,000 | 13,015,000 |
| Total capital | 12,491,000 | 12,699,000 | 13,143,000 | 14,303,000 |
| Risk-weighted assets | 94,251,000 | 96,090,000 | 100,474,000 | 102,174,000 |