Call reports 2017
PLATINUM BANK — 2017
What PLATINUM BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 231,239,000 | 227,178,000 | 219,259,000 | 209,402,000 |
| Total loans | 179,310,000 | 172,445,000 | 163,886,000 | 159,385,000 |
| Allowance for loan losses | 2,543,000 | 2,656,000 | 2,509,000 | 2,754,000 |
| Securities available for sale | 26,771,000 | 24,220,000 | 25,116,000 | 22,685,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,952,000 | 188,873,000 | 183,247,000 | 173,072,000 |
| Interest-bearing deposits | 170,427,000 | 168,779,000 | 162,569,000 | 152,505,000 |
| Noninterest-bearing deposits | 19,525,000 | 20,093,000 | 20,678,000 | 20,568,000 |
| Equity capital | 32,656,000 | 32,743,000 | 32,968,000 | 33,351,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,514,000 | 5,065,000 | 7,537,000 | 9,888,000 |
| Interest expense | 457,000 | 916,000 | 1,369,000 | 1,821,000 |
| Net interest income | 2,057,000 | 4,149,000 | 6,168,000 | 8,067,000 |
| Noninterest income | 140,000 | 59,000 | 125,000 | 269,000 |
| Noninterest expense | 2,296,000 | 3,892,000 | 5,648,000 | 7,174,000 |
| Provision for loan losses | -68,000 | 603,000 | 550,000 | 550,000 |
| Pretax income | -31,000 | -279,000 | 108,000 | 582,000 |
| Income tax | -33,000 | -128,000 | -7,000 | -63,000 |
| Net income | 2,000 | -151,000 | 115,000 | 645,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,903,000 | 26,749,000 | 27,016,000 | 27,546,000 |
| Total capital | 29,200,000 | 28,934,000 | 29,105,000 | 29,579,000 |
| Risk-weighted assets | 183,555,000 | 174,347,000 | 166,752,000 | 161,981,000 |