Call reports 2008
PARAMOUNT BANK — 2008
What PARAMOUNT BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Total assets | 20,058,000 | 24,921,000 | 24,614,000 |
| Total loans | 11,576,000 | 18,561,000 | 20,718,000 |
| Allowance for loan losses | 144,000 | 232,000 | 259,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 8,858,000 | 14,053,000 | 13,923,000 |
| Interest-bearing deposits | 8,273,000 | 13,318,000 | 12,089,000 |
| Noninterest-bearing deposits | 585,000 | 735,000 | 1,834,000 |
| Equity capital | 11,050,000 | 10,636,000 | 10,387,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Interest income | 252,000 | 558,000 | 922,000 |
| Interest expense | 70,000 | 181,000 | 300,000 |
| Net interest income | 182,000 | 377,000 | 622,000 |
| Noninterest income | 1,000 | 1,000 | 9,000 |
| Noninterest expense | 469,000 | 1,001,000 | 1,489,000 |
| Provision for loan losses | 21,000 | 109,000 | 136,000 |
| Pretax income | -307,000 | -732,000 | -994,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -307,000 | -732,000 | -994,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 |
|---|---|---|---|
| Tier 1 capital | 11,050,000 | 10,636,000 | 10,387,000 |
| Total capital | 11,194,000 | 10,868,000 | 10,646,000 |
| Risk-weighted assets | 13,687,000 | 20,250,000 | 21,799,000 |