Call reports 2016
PLATINUM BANK — 2016
What PLATINUM BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 251,865,000 | 252,211,000 | 253,501,000 | 235,019,000 |
| Total loans | 199,855,000 | 196,121,000 | 191,651,000 | 183,667,000 |
| Allowance for loan losses | 3,459,000 | 3,343,000 | 3,351,000 | 2,725,000 |
| Securities available for sale | 28,226,000 | 27,751,000 | 26,898,000 | 27,567,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 207,034,000 | 208,818,000 | 214,804,000 | 193,645,000 |
| Interest-bearing deposits | 182,728,000 | 186,672,000 | 191,215,000 | 171,852,000 |
| Noninterest-bearing deposits | 24,306,000 | 22,146,000 | 23,589,000 | 21,793,000 |
| Equity capital | 31,259,000 | 31,674,000 | 31,884,000 | 32,602,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,941,000 | 5,690,000 | 8,473,000 | 11,092,000 |
| Interest expense | 505,000 | 1,000,000 | 1,513,000 | 2,001,000 |
| Net interest income | 2,436,000 | 4,690,000 | 6,960,000 | 9,091,000 |
| Noninterest income | 175,000 | 358,000 | 559,000 | 735,000 |
| Noninterest expense | 2,001,000 | 4,075,000 | 6,110,000 | 7,854,000 |
| Provision for loan losses | 287,000 | 225,000 | 272,000 | -1,008,000 |
| Pretax income | 323,000 | 757,000 | 1,146,000 | 2,990,000 |
| Income tax | 94,000 | 231,000 | 354,000 | 964,000 |
| Net income | 229,000 | 526,000 | 792,000 | 2,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,867,000 | 25,133,000 | 25,668,000 | 26,902,000 |
| Total capital | 27,504,000 | 27,712,000 | 28,194,000 | 29,247,000 |
| Risk-weighted assets | 210,034,000 | 205,469,000 | 201,261,000 | 187,218,000 |