Call reports 2022
PARAMOUNT BANK — 2022
What PARAMOUNT BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 122,984,000 | 92,945,000 | 90,064,000 | 94,527,000 |
| Total loans | 64,960,000 | 67,845,000 | 71,955,000 | 76,023,000 |
| Allowance for loan losses | 938,000 | 938,000 | 938,000 | 1,071,000 |
| Securities available for sale | 1,603,000 | 1,528,000 | 1,487,000 | 1,485,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,853,000 | 77,568,000 | 69,685,000 | 68,597,000 |
| Interest-bearing deposits | 96,658,000 | 73,438,000 | 65,455,000 | 65,020,000 |
| Noninterest-bearing deposits | 4,195,000 | 4,130,000 | 4,230,000 | 3,577,000 |
| Equity capital | 16,809,000 | 13,019,000 | 11,811,000 | 10,855,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 721,000 | 1,499,000 | 2,372,000 | 3,511,000 |
| Interest expense | 166,000 | 290,000 | 472,000 | 910,000 |
| Net interest income | 555,000 | 1,209,000 | 1,900,000 | 2,601,000 |
| Noninterest income | 3,273,000 | 6,118,000 | 7,930,000 | 8,696,000 |
| Noninterest expense | 5,331,000 | 9,810,000 | 13,885,000 | 16,491,000 |
| Provision for loan losses | 0 | 0 | 0 | 133,000 |
| Pretax income | -1,503,000 | -2,483,000 | -4,055,000 | -5,327,000 |
| Income tax | -378,000 | -624,000 | -1,019,000 | -1,336,000 |
| Net income | -1,125,000 | -1,859,000 | -3,036,000 | -3,991,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,208,000 | 10,213,000 | 8,648,000 | 7,369,000 |