Call reports 2003
PLATINUM BANK — 2003
What PLATINUM BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 173,323,000 | 176,675,000 | 178,332,000 | 187,696,000 |
| Total loans | 124,157,000 | 127,301,000 | 131,272,000 | 138,832,000 |
| Allowance for loan losses | 1,339,000 | 1,405,000 | 1,491,000 | 1,604,000 |
| Securities available for sale | 24,482,000 | 26,294,000 | 32,004,000 | 34,821,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,959,000 | 158,708,000 | 160,704,000 | 173,204,000 |
| Interest-bearing deposits | 132,760,000 | 136,886,000 | 136,485,000 | 144,433,000 |
| Noninterest-bearing deposits | 23,199,000 | 21,822,000 | 24,219,000 | 28,771,000 |
| Equity capital | 12,865,000 | 13,343,000 | 13,721,000 | 14,265,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,308,000 | 4,747,000 | 7,174,000 | 9,534,000 |
| Interest expense | 974,000 | 1,935,000 | 2,853,000 | 3,761,000 |
| Net interest income | 1,334,000 | 2,812,000 | 4,321,000 | 5,773,000 |
| Noninterest income | 92,000 | 94,000 | 152,000 | 395,000 |
| Noninterest expense | 929,000 | 1,850,000 | 2,839,000 | 3,871,000 |
| Provision for loan losses | 80,000 | 155,000 | 241,000 | 354,000 |
| Pretax income | 417,000 | 901,000 | 1,370,000 | 1,926,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 417,000 | 901,000 | 1,370,000 | 1,926,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,687,000 | 13,172,000 | 13,640,000 | 14,196,000 |
| Total capital | 14,026,000 | 14,577,000 | 15,131,000 | 15,800,000 |
| Risk-weighted assets | 134,815,000 | 140,265,000 | 144,609,000 | 153,846,000 |