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Platinum Bank, Financial Information

About Platinum Bank

 Address:
7667 10th Street North
Oakdale, MN
Washington County, Minnesota
 Established:
Feb 2007
 Number of domestic offices:
2
Total assets$397M
Net income$5M
Net income, quarterly$2M
Total deposits$366M
Domestic deposits$366M
Equity capital$29M
ROA1.55%
ROAQ, quarterly1.65%
ROA, pretax1.65%
ROAQ, quarterly, pretax1.65%
ROE19.84%
ROEQ, quarterly22.86%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data