Call reports 2013
PLATINUM BANK — 2013
What PLATINUM BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 138,973,000 | 168,885,000 | 172,361,000 | 181,033,000 |
| Total loans | 83,529,000 | 103,568,000 | 112,958,000 | 123,479,000 |
| Allowance for loan losses | 1,816,000 | 1,909,000 | 1,885,000 | 1,661,000 |
| Securities available for sale | 30,921,000 | 29,390,000 | 27,892,000 | 22,516,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,991,000 | 120,536,000 | 131,309,000 | 142,847,000 |
| Interest-bearing deposits | 95,402,000 | 105,380,000 | 114,662,000 | 116,646,000 |
| Noninterest-bearing deposits | 14,589,000 | 15,156,000 | 16,647,000 | 26,201,000 |
| Equity capital | 22,489,000 | 22,652,000 | 23,391,000 | 24,074,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,344,000 | 2,940,000 | 4,835,000 | 6,891,000 |
| Interest expense | 263,000 | 508,000 | 799,000 | 1,097,000 |
| Net interest income | 1,081,000 | 2,432,000 | 4,036,000 | 5,794,000 |
| Noninterest income | 76,000 | 150,000 | 262,000 | 376,000 |
| Noninterest expense | 1,077,000 | 2,276,000 | 3,696,000 | 5,065,000 |
| Provision for loan losses | 14,000 | 67,000 | 44,000 | -134,000 |
| Pretax income | 98,000 | 271,000 | 590,000 | 1,332,000 |
| Income tax | 3,000 | 28,000 | 104,000 | 323,000 |
| Net income | 95,000 | 243,000 | 486,000 | 1,009,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,015,000 | 17,865,000 | 18,124,000 | 18,650,000 |
| Total capital | 18,219,000 | 19,333,000 | 19,734,000 | 20,311,000 |
| Risk-weighted assets | 95,736,000 | 120,516,000 | 128,498,000 | 138,248,000 |