Call reports 2014
PARAGON BANK — 2014
What PARAGON BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 280,631,000 | 288,769,000 | 281,310,000 | 272,107,000 |
| Total loans | 209,725,000 | 210,609,000 | 217,851,000 | 215,127,000 |
| Allowance for loan losses | 3,340,000 | 3,170,000 | 3,200,000 | 2,810,000 |
| Securities available for sale | 51,668,000 | 51,717,000 | 44,390,000 | 42,455,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 81,000 | 51,000 | 57,000 | 40,000 |
| Total deposits | 238,940,000 | 239,217,000 | 234,369,000 | 223,555,000 |
| Interest-bearing deposits | 195,373,000 | 189,362,000 | 177,934,000 | 172,188,000 |
| Noninterest-bearing deposits | 43,567,000 | 49,855,000 | 56,434,000 | 51,368,000 |
| Equity capital | 31,088,000 | 31,796,000 | 32,208,000 | 32,714,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,882,000 | 5,534,000 | 8,189,000 | 10,795,000 |
| Interest expense | 247,000 | 490,000 | 723,000 | 937,000 |
| Net interest income | 2,635,000 | 5,044,000 | 7,466,000 | 9,858,000 |
| Noninterest income | 119,000 | 429,000 | 977,000 | 1,349,000 |
| Noninterest expense | 2,450,000 | 4,752,000 | 7,401,000 | 10,622,000 |
| Provision for loan losses | 0 | 0 | 0 | -475,000 |
| Pretax income | 269,000 | 686,000 | 1,050,000 | 1,068,000 |
| Income tax | 110,000 | 270,000 | 419,000 | 436,000 |
| Net income | 159,000 | 416,000 | 631,000 | 632,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,226,000 | 29,661,000 | 30,045,000 | 30,135,000 |
| Total capital | 31,753,000 | 32,223,000 | 32,664,000 | 32,702,000 |
| Risk-weighted assets | 201,363,000 | 204,381,000 | 208,914,000 | 205,154,000 |