Call reports 2016
PLATINUM BANK — 2016
What PLATINUM BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 586,224,000 | 574,018,000 | 583,892,000 | 554,050,000 |
| Total loans | 440,002,000 | 437,163,000 | 452,264,000 | 459,739,000 |
| Allowance for loan losses | 4,792,000 | 5,014,000 | 5,084,000 | 5,092,000 |
| Securities available for sale | 34,797,000 | 35,778,000 | 33,500,000 | 30,396,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 495,090,000 | 488,795,000 | 495,002,000 | 463,105,000 |
| Interest-bearing deposits | 338,377,000 | 326,141,000 | 335,470,000 | 316,461,000 |
| Noninterest-bearing deposits | 156,713,000 | 162,654,000 | 159,532,000 | 146,644,000 |
| Equity capital | 52,504,000 | 51,349,000 | 53,410,000 | 54,518,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 5,877,000 | 11,742,000 | 17,715,000 | 23,749,000 |
| Interest expense | 802,000 | 1,611,000 | 2,419,000 | 3,244,000 |
| Net interest income | 5,075,000 | 10,131,000 | 15,296,000 | 20,505,000 |
| Noninterest income | 97,000 | 297,000 | 512,000 | 757,000 |
| Noninterest expense | 3,476,000 | 6,976,000 | 10,447,000 | 13,878,000 |
| Provision for loan losses | 0 | 362,000 | 362,000 | 362,000 |
| Pretax income | 1,696,000 | 3,090,000 | 4,999,000 | 7,022,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,696,000 | 3,090,000 | 4,999,000 | 7,022,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,224,000 | 51,006,000 | 52,918,000 | 54,891,000 |
| Total capital | 57,016,000 | 56,020,000 | 58,002,000 | 59,983,000 |
| Risk-weighted assets | 442,852,000 | 443,805,000 | 463,604,000 | 468,817,000 |