Call reports 2014
PLATINUM BANK — 2014
What PLATINUM BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 209,392,000 | 213,246,000 | 221,158,000 | 228,062,000 |
| Total loans | 150,980,000 | 157,378,000 | 164,058,000 | 173,535,000 |
| Allowance for loan losses | 1,885,000 | 1,985,000 | 2,086,000 | 2,256,000 |
| Securities available for sale | 23,217,000 | 22,729,000 | 23,129,000 | 23,615,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,632,000 | 173,480,000 | 184,741,000 | 192,216,000 |
| Interest-bearing deposits | 127,363,000 | 147,194,000 | 161,276,000 | 167,365,000 |
| Noninterest-bearing deposits | 26,269,000 | 26,286,000 | 23,465,000 | 24,852,000 |
| Equity capital | 24,842,000 | 25,476,000 | 25,920,000 | 29,316,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,478,000 | 5,131,000 | 7,822,000 | 10,690,000 |
| Interest expense | 309,000 | 692,000 | 1,125,000 | 1,568,000 |
| Net interest income | 2,169,000 | 4,439,000 | 6,697,000 | 9,122,000 |
| Noninterest income | 230,000 | 296,000 | 410,000 | 504,000 |
| Noninterest expense | 1,492,000 | 3,187,000 | 4,875,000 | 6,620,000 |
| Provision for loan losses | 224,000 | 339,000 | 510,000 | 673,000 |
| Pretax income | 683,000 | 1,213,000 | 1,727,000 | 2,342,000 |
| Income tax | 211,000 | 371,000 | 530,000 | 735,000 |
| Net income | 472,000 | 842,000 | 1,197,000 | 1,607,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,126,000 | 19,499,000 | 19,858,000 | 23,241,000 |
| Total capital | 21,011,000 | 21,484,000 | 21,944,000 | 25,488,000 |
| Risk-weighted assets | 160,558,000 | 166,518,000 | 172,623,000 | 179,736,000 |