Call reports 2024
PARAMOUNT BANK — 2024
What PARAMOUNT BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 93,135,000 | 100,703,000 | 92,472,000 | 85,538,000 |
| Total loans | 78,179,000 | 85,697,000 | 80,756,000 | 73,528,000 |
| Allowance for loan losses | 925,000 | 925,000 | 841,000 | 655,000 |
| Securities available for sale | 1,394,000 | 1,407,000 | 1,410,000 | 1,455,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,891,000 | 76,591,000 | 84,165,000 | 77,889,000 |
| Interest-bearing deposits | 65,714,000 | 73,228,000 | 80,964,000 | 75,038,000 |
| Noninterest-bearing deposits | 3,177,000 | 3,363,000 | 3,201,000 | 2,851,000 |
| Equity capital | 10,352,000 | 12,568,000 | 7,606,000 | 7,004,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,331,000 | 2,782,000 | 4,209,000 | 5,515,000 |
| Interest expense | 892,000 | 1,845,000 | 2,808,000 | 3,685,000 |
| Net interest income | 439,000 | 937,000 | 1,401,000 | 1,830,000 |
| Noninterest income | 1,434,000 | 3,208,000 | 5,215,000 | 6,493,000 |
| Noninterest expense | 3,210,000 | 6,523,000 | 9,816,000 | 12,756,000 |
| Provision for loan losses | 110,000 | 110,000 | 34,000 | -152,000 |
| Pretax income | -1,447,000 | -2,488,000 | -3,224,000 | -4,271,000 |
| Income tax | -363,000 | -611,000 | 4,118,000 | 4,106,000 |
| Net income | -1,084,000 | -1,877,000 | -7,342,000 | -8,377,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,666,000 | 7,626,000 | 7,018,000 | 6,383,000 |
| Total capital | 6,465,000 | 8,483,000 | 7,833,000 | 7,073,000 |
| Risk-weighted assets | 63,764,000 | 68,424,000 | 65,138,000 | 69,047,000 |