Call reports 2023
PARAMOUNT BANK — 2023
What PARAMOUNT BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 86,710,000 | 90,249,000 | 85,366,000 | 94,563,000 |
| Total loans | 69,555,000 | 73,801,000 | 69,334,000 | 78,587,000 |
| Allowance for loan losses | 922,000 | 922,000 | 922,000 | 925,000 |
| Securities available for sale | 1,417,000 | 1,343,000 | 1,352,000 | 1,374,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,415,000 | 64,780,000 | 75,079,000 | 81,050,000 |
| Interest-bearing deposits | 62,302,000 | 61,475,000 | 71,611,000 | 77,661,000 |
| Noninterest-bearing deposits | 3,113,000 | 3,304,000 | 3,468,000 | 3,389,000 |
| Equity capital | 10,391,000 | 9,853,000 | 9,526,000 | 9,781,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,036,000 | 2,181,000 | 3,411,000 | 4,692,000 |
| Interest expense | 552,000 | 1,177,000 | 1,930,000 | 2,743,000 |
| Net interest income | 484,000 | 1,004,000 | 1,481,000 | 1,949,000 |
| Noninterest income | 834,000 | 1,573,000 | 2,788,000 | 4,041,000 |
| Noninterest expense | 1,979,000 | 4,148,000 | 6,953,000 | 10,345,000 |
| Provision for loan losses | -96,000 | -96,000 | -96,000 | -93,000 |
| Pretax income | -565,000 | -1,475,000 | -2,588,000 | -4,272,000 |
| Income tax | -139,000 | -366,000 | -645,000 | -1,068,000 |
| Net income | -426,000 | -1,109,000 | -1,943,000 | -3,204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,818,000 | 6,108,000 | 5,496,000 | 5,312,000 |
| Total capital | — | 6,851,000 | 6,193,000 | 6,132,000 |
| Risk-weighted assets | — | 59,237,000 | 55,506,000 | 65,429,000 |