Call reports 2008
PLATINUM BANK — 2008
What PLATINUM BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 333,530,000 | 352,445,000 | 349,096,000 | 367,116,000 |
| Total loans | 256,871,000 | 266,702,000 | 266,644,000 | 275,559,000 |
| Allowance for loan losses | 2,978,000 | 3,341,000 | 3,938,000 | 3,178,000 |
| Securities available for sale | 50,815,000 | 57,525,000 | 52,554,000 | 58,180,000 |
| Securities held to maturity | 239,000 | 239,000 | 239,000 | 239,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 286,845,000 | 307,063,000 | 303,192,000 | 316,268,000 |
| Interest-bearing deposits | 241,837,000 | 265,274,000 | 264,715,000 | 280,698,000 |
| Noninterest-bearing deposits | 45,008,000 | 41,789,000 | 38,478,000 | 35,570,000 |
| Equity capital | 27,664,000 | 25,693,000 | 27,791,000 | 29,970,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,334,000 | 10,566,000 | 15,847,000 | 21,104,000 |
| Interest expense | 2,625,000 | 5,155,000 | 7,701,000 | 10,207,000 |
| Net interest income | 2,709,000 | 5,411,000 | 8,146,000 | 10,897,000 |
| Noninterest income | 128,000 | 255,000 | 385,000 | 476,000 |
| Noninterest expense | 1,858,000 | 3,754,000 | 5,393,000 | 7,247,000 |
| Provision for loan losses | 75,000 | 445,000 | 1,489,000 | 2,411,000 |
| Pretax income | 904,000 | 1,467,000 | 1,680,000 | 1,746,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 904,000 | 1,467,000 | 1,680,000 | 1,746,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,696,000 | 26,577,000 | 28,803,000 | 29,913,000 |
| Total capital | 30,674,000 | 29,918,000 | 32,388,000 | 33,091,000 |
| Risk-weighted assets | 285,746,000 | 293,091,000 | 286,417,000 | 300,372,000 |