Call reports 2010
PLATINUM BANK — 2010
What PLATINUM BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 387,561,000 | 400,132,000 | 404,033,000 | 387,203,000 |
| Total loans | 280,729,000 | 274,429,000 | 269,771,000 | 264,796,000 |
| Allowance for loan losses | 4,662,000 | 5,063,000 | 5,344,000 | 5,674,000 |
| Securities available for sale | 49,078,000 | 44,298,000 | 53,236,000 | 52,655,000 |
| Securities held to maturity | 240,000 | 240,000 | 240,000 | 240,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 321,266,000 | 335,115,000 | 337,768,000 | 324,543,000 |
| Interest-bearing deposits | 278,781,000 | 290,608,000 | 290,295,000 | 268,839,000 |
| Noninterest-bearing deposits | 42,485,000 | 44,506,000 | 47,473,000 | 55,704,000 |
| Equity capital | 32,667,000 | 32,229,000 | 33,262,000 | 31,437,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,923,000 | 9,808,000 | 14,609,000 | 19,265,000 |
| Interest expense | 1,728,000 | 3,451,000 | 5,064,000 | 6,548,000 |
| Net interest income | 3,195,000 | 6,357,000 | 9,545,000 | 12,717,000 |
| Noninterest income | -5,000 | 119,000 | 225,000 | 346,000 |
| Noninterest expense | 2,663,000 | 4,953,000 | 7,173,000 | 9,610,000 |
| Provision for loan losses | 1,126,000 | 2,344,000 | 2,663,000 | 4,694,000 |
| Pretax income | -506,000 | -530,000 | 225,000 | -950,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -506,000 | -530,000 | 225,000 | -950,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,922,000 | 31,345,000 | 32,112,000 | 30,944,000 |
| Total capital | 35,547,000 | 34,864,000 | 35,583,000 | 34,389,000 |
| Risk-weighted assets | 289,669,000 | 281,073,000 | 275,784,000 | 273,334,000 |