Call reports 2020
PARAMOUNT BANK — 2020
What PARAMOUNT BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 140,828,000 | 171,254,000 | 217,335,000 | 237,872,000 |
| Total loans | 115,395,000 | 144,161,000 | 178,093,000 | 192,132,000 |
| Allowance for loan losses | 450,000 | 588,000 | 738,000 | 938,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,820,000 | 100,191,000 | 133,623,000 | 152,740,000 |
| Interest-bearing deposits | 68,916,000 | 96,041,000 | 127,455,000 | 147,442,000 |
| Noninterest-bearing deposits | 3,904,000 | 4,150,000 | 6,168,000 | 5,298,000 |
| Equity capital | 10,374,000 | 12,181,000 | 17,472,000 | 19,115,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 912,000 | 1,926,000 | 3,259,000 | 4,618,000 |
| Interest expense | 447,000 | 1,008,000 | 1,732,000 | 2,432,000 |
| Net interest income | 465,000 | 918,000 | 1,527,000 | 2,186,000 |
| Noninterest income | 6,129,000 | 16,571,000 | 34,572,000 | 45,169,000 |
| Noninterest expense | 5,941,000 | 14,279,000 | 25,630,000 | 35,146,000 |
| Provision for loan losses | 138,000 | 276,000 | 426,000 | 626,000 |
| Pretax income | 515,000 | 2,934,000 | 10,043,000 | 11,583,000 |
| Income tax | 131,000 | 754,000 | 2,572,000 | 2,969,000 |
| Net income | 384,000 | 2,180,000 | 7,471,000 | 8,614,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,719,000 | 11,526,000 | 16,817,000 | 18,289,000 |