Call reports 2021
PARAMOUNT BANK — 2021
What PARAMOUNT BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 243,384,000 | 225,237,000 | 181,236,000 | 153,010,000 |
| Total loans | 166,877,000 | 131,311,000 | 103,934,000 | 75,333,000 |
| Allowance for loan losses | 938,000 | 938,000 | 938,000 | 938,000 |
| Securities available for sale | 1,589,000 | 1,626,000 | 1,620,000 | 1,612,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,941,000 | 192,650,000 | 148,984,000 | 127,157,000 |
| Interest-bearing deposits | 200,874,000 | 187,608,000 | 144,695,000 | 123,083,000 |
| Noninterest-bearing deposits | 6,067,000 | 5,042,000 | 4,289,000 | 4,074,000 |
| Equity capital | 19,291,000 | 19,221,000 | 19,584,000 | 17,941,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,214,000 | 2,639,000 | 3,623,000 | 4,495,000 |
| Interest expense | 436,000 | 838,000 | 1,109,000 | 1,326,000 |
| Net interest income | 778,000 | 1,801,000 | 2,514,000 | 3,169,000 |
| Noninterest income | 13,100,000 | 24,189,000 | 33,439,000 | 39,681,000 |
| Noninterest expense | 13,809,000 | 30,104,000 | 39,628,000 | 48,768,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 69,000 | -4,114,000 | -3,675,000 | -5,918,000 |
| Income tax | -41,000 | -1,127,000 | -1,054,000 | -1,660,000 |
| Net income | 110,000 | -2,987,000 | -2,621,000 | -4,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,367,000 | 18,376,000 | 17,901,000 | 15,692,000 |