Call reports 2014
PLATINUM BANK — 2014
What PLATINUM BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 444,225,000 | 462,473,000 | 463,962,000 | 496,356,000 |
| Total loans | 345,843,000 | 364,109,000 | 368,273,000 | 404,057,000 |
| Allowance for loan losses | 4,828,000 | 5,026,000 | 4,542,000 | 4,843,000 |
| Securities available for sale | 44,482,000 | 42,454,000 | 39,748,000 | 37,101,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 357,169,000 | 376,059,000 | 375,638,000 | 406,372,000 |
| Interest-bearing deposits | 263,904,000 | 282,078,000 | 281,520,000 | 301,085,000 |
| Noninterest-bearing deposits | 93,265,000 | 93,981,000 | 94,118,000 | 105,287,000 |
| Equity capital | 50,853,000 | 50,808,000 | 52,034,000 | 53,138,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,823,000 | 9,878,000 | 15,087,000 | 20,462,000 |
| Interest expense | 757,000 | 1,499,000 | 2,242,000 | 2,990,000 |
| Net interest income | 4,066,000 | 8,379,000 | 12,845,000 | 17,472,000 |
| Noninterest income | -19,000 | -202,000 | -191,000 | -220,000 |
| Noninterest expense | 3,059,000 | 6,176,000 | 9,378,000 | 12,781,000 |
| Provision for loan losses | 132,000 | 201,000 | 271,000 | 430,000 |
| Pretax income | 856,000 | 1,800,000 | 3,005,000 | 4,041,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 856,000 | 1,800,000 | 3,005,000 | 4,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,021,000 | 50,695,000 | 51,900,000 | 52,756,000 |
| Total capital | 55,332,000 | 55,216,000 | 56,442,000 | 57,599,000 |
| Risk-weighted assets | 344,334,000 | 361,150,000 | 366,073,000 | 400,923,000 |