Call reports 2004
PLATINUM BANK — 2004
What PLATINUM BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 202,363,000 | 212,349,000 | 229,210,000 | 224,861,000 |
| Total loans | 142,573,000 | 147,279,000 | 155,642,000 | 157,496,000 |
| Allowance for loan losses | 1,645,000 | 1,706,000 | 1,800,000 | 1,898,000 |
| Securities available for sale | 35,015,000 | 51,813,000 | 43,105,000 | 52,390,000 |
| Securities held to maturity | 0 | 239,000 | 239,000 | 239,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,524,000 | 192,723,000 | 205,933,000 | 203,097,000 |
| Interest-bearing deposits | 156,009,000 | 166,839,000 | 170,827,000 | 164,506,000 |
| Noninterest-bearing deposits | 27,515,000 | 25,884,000 | 35,106,000 | 38,591,000 |
| Equity capital | 15,006,000 | 14,257,000 | 15,372,000 | 15,999,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,522,000 | 5,169,000 | 7,926,000 | 10,888,000 |
| Interest expense | 906,000 | 1,846,000 | 2,774,000 | 3,717,000 |
| Net interest income | 1,616,000 | 3,323,000 | 5,152,000 | 7,171,000 |
| Noninterest income | 112,000 | 226,000 | 347,000 | 463,000 |
| Noninterest expense | 1,088,000 | 2,194,000 | 3,287,000 | 4,562,000 |
| Provision for loan losses | 41,000 | 102,000 | 196,000 | 294,000 |
| Pretax income | 619,000 | 1,269,000 | 2,037,000 | 2,786,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 619,000 | 1,269,000 | 2,037,000 | 2,786,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,815,000 | 14,821,000 | 15,588,000 | 16,337,000 |
| Total capital | 16,460,000 | 16,527,000 | 17,388,000 | 18,235,000 |
| Risk-weighted assets | 159,208,000 | 161,203,000 | 170,587,000 | 170,910,000 |