Call reports 2020
PARAGON BANK — 2020
What PARAGON BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 412,856,000 | 497,710,000 | 498,988,000 | 484,101,000 |
| Total loans | 334,239,000 | 416,282,000 | 427,441,000 | 393,107,000 |
| Allowance for loan losses | 4,010,000 | 4,498,000 | 4,709,000 | 5,707,000 |
| Securities available for sale | 64,097,000 | 58,709,000 | 52,555,000 | 60,172,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 350,294,000 | 418,545,000 | 407,191,000 | 424,753,000 |
| Interest-bearing deposits | 272,048,000 | 291,121,000 | 280,152,000 | 299,963,000 |
| Noninterest-bearing deposits | 78,247,000 | 127,423,000 | 127,039,000 | 124,791,000 |
| Equity capital | 47,824,000 | 48,405,000 | 49,332,000 | 49,297,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,118,000 | 8,417,000 | 12,619,000 | 17,339,000 |
| Interest expense | 779,000 | 1,328,000 | 1,722,000 | 2,026,000 |
| Net interest income | 3,339,000 | 7,089,000 | 10,897,000 | 15,313,000 |
| Noninterest income | 860,000 | 1,839,000 | 3,060,000 | 3,872,000 |
| Noninterest expense | 3,420,000 | 6,546,000 | 10,149,000 | 13,843,000 |
| Provision for loan losses | 80,000 | 532,000 | 920,000 | 1,861,000 |
| Pretax income | 943,000 | 2,094,000 | 3,132,000 | 3,725,000 |
| Income tax | 240,000 | 532,000 | 791,000 | 968,000 |
| Net income | 703,000 | 1,562,000 | 2,341,000 | 2,757,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,321,000 | 46,876,000 | 47,714,000 | 47,707,000 |
| Total capital | 50,331,000 | 50,852,000 | 51,642,000 | 51,472,000 |
| Risk-weighted assets | 330,014,000 | 317,556,000 | 313,449,000 | 299,266,000 |