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Platinum Bank

Lubbock, TX · Cert 58608

FDIC · 3 branches

Q1 2018

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2018, the quarter ended March 31, 2018, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Platinum Bank

Lubbock, TX · Cert 58608

FDIC · 3 branches

Q1 2018

$199.3MAssets
$160.1MLoans
$161.6MDeposits
$33.4MEquity
Loan mix
75%RE $70.2M23%C&I $21.3M2%Consumer $2.1MQ1 2017Q1 2018
Deposit mix
88%Interest-bearing $143.0M12%Noninterest $18.6MQ1 2017Q1 2018

NIM

4.62%Q1 ’164.34%Q1 ’175.02%Q1 ’18-7%+18%

Non-interest income vs. expense

3.14%Q1 ’163.96%Q1 ’172.87%Q1 ’18+30%-30%

Market Position · Lubbock, TX · 2017 SOD (annual) · 1.4% share · #15 of 28 inst. · $0.1B of $8.4B

1.4% Lubbock
1.6% Ector
5.3% Hockley

Executive Summary

  • Earnings: ROA of -0.51%, down 52 bps year over year; NIM at 4.30%.
  • Asset quality: problem loans at 0.65% of loans (-20 bps YoY), with net charge-offs at 1.10%.
  • Capital: tier 1 leverage ratio of 13.68%, up 176 bps from a year ago.
  • Funding: loans stand at 99.09% of deposits as of Q1 2018.

Financial Results

Return on Assets (YTD, annualized)

-0.51%-52 bps YoY

Net Interest Margin (YTD, annualized)

4.30%+65 bps YoY

Efficiency Ratio (YTD, annualized)

64.33%-4,018 bps YoY

Tier 1 Leverage Ratio

13.68%+176 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018YoY ΔTrend
Earnings
Return on Assets0.00%-0.13%0.07%0.29%-0.51%-52 bps
Return on Equity0.02%-0.92%0.47%1.96%-3.15%-318 bps
Net Interest Margin3.65%3.70%3.84%3.80%4.30%+65 bps
Efficiency Ratio104.51%92.49%89.75%86.06%64.33%-4,018 bps
Non-Interest Burden3.72%3.33%3.34%3.16%2.60%-112 bps
Growth
Asset Growth (YoY)-8.19%-9.93%-13.51%-10.90%-13.80%-561 bps
Loan Growth (YoY)-10.28%-12.07%-14.49%-13.22%-10.71%-43 bps
Deposit Growth (YoY)-8.25%-9.55%-14.69%-10.62%-14.93%-668 bps
Asset Quality
Nonperforming Loans / Loans0.85%1.30%0.95%2.70%0.65%-20 bps
Net Charge-Offs / Loans0.25%0.78%0.62%0.33%1.10%+84 bps
Allowance / Loans1.42%1.54%1.53%1.73%1.62%+21 bps
Allowance Coverage of NPLs1.7x1.2x1.6x0.6x2.5x+0.8x
Capital
Tier 1 Leverage Ratio11.93%11.94%12.61%12.98%13.68%+176 bps
Total Risk-Based Capital15.91%16.60%17.45%18.26%18.07%+216 bps
Equity / Assets14.12%14.41%15.04%15.93%16.77%+265 bps
Liquidity & Funding
Loans / Deposits94.40%91.30%89.43%92.09%99.09%+469 bps
Liquid Assets / Assets0.15%0.15%0.60%0.00%0.32%+17 bps
CRE / Total Capitaln/an/an/an/an/an/an/a