Call reports 2018
PLATINUM BANK — 2018
What PLATINUM BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 |
|---|---|
| Total assets | 199,321,000 |
| Total loans | 160,114,000 |
| Allowance for loan losses | 2,601,000 |
| Securities available for sale | 0 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 161,584,000 |
| Interest-bearing deposits | 142,988,000 |
| Noninterest-bearing deposits | 18,596,000 |
| Equity capital | 33,428,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 |
|---|---|
| Interest income | 2,579,000 |
| Interest expense | 436,000 |
| Net interest income | 2,143,000 |
| Noninterest income | 136,000 |
| Noninterest expense | 1,474,000 |
| Provision for loan losses | 286,000 |
| Pretax income | -339,000 |
| Income tax | -76,000 |
| Net income | -263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 |
|---|---|
| Tier 1 capital | 27,288,000 |
| Total capital | 29,324,000 |
| Risk-weighted assets | 162,298,000 |