Call reports 2008
PARAGON BANK — 2008
What PARAGON 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 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 324,450,000 | 354,565,000 | 325,913,000 | 310,616,000 |
| Total loans | 220,665,000 | 237,301,000 | 232,749,000 | 229,752,000 |
| Allowance for loan losses | 3,211,000 | 4,640,000 | 4,820,000 | 4,576,000 |
| Securities available for sale | 90,072,000 | 87,663,000 | 62,200,000 | 62,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,648,000 | 276,507,000 | 262,528,000 | 251,411,000 |
| Interest-bearing deposits | 232,472,000 | 246,363,000 | 239,509,000 | 224,661,000 |
| Noninterest-bearing deposits | 20,176,000 | 30,144,000 | 23,019,000 | 26,750,000 |
| Equity capital | 31,228,000 | 26,802,000 | 28,341,000 | 29,085,000 |
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 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,856,000 | 9,214,000 | 13,646,000 | 17,731,000 |
| Interest expense | 2,703,000 | 5,055,000 | 7,407,000 | 9,505,000 |
| Net interest income | 2,153,000 | 4,159,000 | 6,239,000 | 8,226,000 |
| Noninterest income | 233,000 | 491,000 | 733,000 | 514,000 |
| Noninterest expense | 2,485,000 | 5,040,000 | 7,329,000 | 9,769,000 |
| Provision for loan losses | 151,000 | 1,910,000 | 2,463,000 | 2,955,000 |
| Pretax income | 25,000 | -1,880,000 | -2,031,000 | -2,916,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 25,000 | -1,880,000 | -2,031,000 | -2,916,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,215,000 | 27,395,000 | 28,178,000 | 27,561,000 |
| Total capital | 32,263,000 | 30,663,000 | 31,265,000 | 30,576,000 |
| Risk-weighted assets | 243,667,000 | 260,097,000 | 245,228,000 | 239,672,000 |