Call reports 2021
PARAGON BANK — 2021
What PARAGON BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 495,667,000 | 479,142,000 | 497,133,000 | 538,832,000 |
| Total loans | 402,971,000 | 391,670,000 | 384,114,000 | 393,762,000 |
| Allowance for loan losses | 6,877,000 | 7,154,000 | 7,193,000 | 7,096,000 |
| Securities available for sale | 55,256,000 | 55,131,000 | 70,965,000 | 67,009,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 436,935,000 | 420,624,000 | 439,179,000 | 480,221,000 |
| Interest-bearing deposits | 310,326,000 | 296,116,000 | 299,457,000 | 310,077,000 |
| Noninterest-bearing deposits | 126,609,000 | 124,508,000 | 139,722,000 | 170,144,000 |
| Equity capital | 49,141,000 | 49,494,000 | 49,838,000 | 50,219,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,818,000 | 9,122,000 | 13,667,000 | 18,314,000 |
| Interest expense | 246,000 | 450,000 | 655,000 | 850,000 |
| Net interest income | 4,572,000 | 8,672,000 | 13,012,000 | 17,464,000 |
| Noninterest income | 992,000 | 2,123,000 | 3,085,000 | 3,788,000 |
| Noninterest expense | 3,456,000 | 7,129,000 | 10,803,000 | 14,968,000 |
| Provision for loan losses | 973,000 | 973,000 | 973,000 | 973,000 |
| Pretax income | 1,170,000 | 2,728,000 | 4,356,000 | 5,442,000 |
| Income tax | 290,000 | 674,000 | 1,085,000 | 1,356,000 |
| Net income | 880,000 | 2,054,000 | 3,271,000 | 4,086,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,072,000 | 48,366,000 | 48,820,000 | 49,629,000 |
| Total capital | 51,876,000 | 52,320,000 | 52,962,000 | 53,879,000 |
| Risk-weighted assets | 301,244,000 | 313,144,000 | 328,325,000 | 337,172,000 |