Call reports 2014
PARAGON BANK — 2014
What PARAGON 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 | 31,924,000 | 31,871,000 | 31,688,000 | 33,206,000 |
| Total loans | 24,129,000 | 24,441,000 | 24,360,000 | 24,804,000 |
| Allowance for loan losses | 443,000 | 446,000 | 363,000 | 332,000 |
| Securities available for sale | 2,452,000 | 2,426,000 | 2,343,000 | 2,308,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,988,000 | 28,565,000 | 26,631,000 | 30,325,000 |
| Interest-bearing deposits | 24,525,000 | 24,440,000 | 22,743,000 | 26,508,000 |
| Noninterest-bearing deposits | 4,463,000 | 4,125,000 | 3,888,000 | 3,817,000 |
| Equity capital | 2,649,000 | 2,739,000 | 2,776,000 | 2,832,000 |
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 | 386,000 | 771,000 | 1,147,000 | 1,517,000 |
| Interest expense | 21,000 | 42,000 | 63,000 | 83,000 |
| Net interest income | 365,000 | 729,000 | 1,084,000 | 1,434,000 |
| Noninterest income | 32,000 | 74,000 | 99,000 | 118,000 |
| Noninterest expense | 305,000 | 601,000 | 916,000 | 1,256,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 92,000 | 202,000 | 267,000 | 296,000 |
| Income tax | 37,000 | 82,000 | 108,000 | 100,000 |
| Net income | 55,000 | 120,000 | 159,000 | 196,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,712,000 | 2,777,000 | 2,816,000 | 2,853,000 |
| Total capital | 2,980,000 | 3,058,000 | 3,098,000 | 3,145,000 |
| Risk-weighted assets | 21,272,000 | 22,307,000 | 22,459,000 | 23,359,000 |