Call reports 2002
PLATINUM BANK — 2002
What PLATINUM BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 134,532,000 | 144,611,000 | 156,592,000 | 159,995,000 |
| Total loans | 89,912,000 | 101,204,000 | 109,064,000 | 115,645,000 |
| Allowance for loan losses | 953,000 | 1,074,000 | 1,143,000 | 1,258,000 |
| Securities available for sale | 22,048,000 | 22,772,000 | 21,268,000 | 20,801,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,403,000 | 128,883,000 | 137,328,000 | 146,579,000 |
| Interest-bearing deposits | 103,142,000 | 111,785,000 | 116,349,000 | 125,202,000 |
| Noninterest-bearing deposits | 18,261,000 | 17,098,000 | 20,979,000 | 21,377,000 |
| Equity capital | 8,943,000 | 8,839,000 | 12,731,000 | 13,190,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,933,000 | 3,997,000 | 6,210,000 | 8,519,000 |
| Interest expense | 902,000 | 1,805,000 | 2,745,000 | 3,731,000 |
| Net interest income | 1,031,000 | 2,192,000 | 3,465,000 | 4,788,000 |
| Noninterest income | 76,000 | 153,000 | 245,000 | 345,000 |
| Noninterest expense | 698,000 | 1,481,000 | 2,341,000 | 3,244,000 |
| Provision for loan losses | 53,000 | 176,000 | 244,000 | 358,000 |
| Pretax income | 357,000 | 689,000 | 1,147,000 | 1,553,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 357,000 | 689,000 | 1,147,000 | 1,553,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,835,000 | 8,584,000 | 12,443,000 | 12,927,000 |
| Total capital | 9,788,000 | 9,658,000 | 13,586,000 | 14,185,000 |
| Risk-weighted assets | 96,931,000 | 108,095,000 | 117,554,000 | 126,235,000 |