Call reports 2022
PARAGON BANK — 2022
What PARAGON BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 541,292,000 | 563,903,000 | 600,792,000 | 653,830,000 |
| Total loans | 423,091,000 | 472,113,000 | 508,331,000 | 555,042,000 |
| Allowance for loan losses | 7,105,000 | 6,891,000 | 6,907,000 | 6,912,000 |
| Securities available for sale | 77,344,000 | 75,357,000 | 71,147,000 | 70,430,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 485,002,000 | 477,925,000 | 504,152,000 | 566,825,000 |
| Interest-bearing deposits | 313,806,000 | 308,555,000 | 344,002,000 | 404,707,000 |
| Noninterest-bearing deposits | 171,196,000 | 169,370,000 | 160,150,000 | 162,118,000 |
| Equity capital | 48,329,000 | 47,354,000 | 47,066,000 | 49,225,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,414,000 | 9,664,000 | 16,001,000 | 23,956,000 |
| Interest expense | 183,000 | 414,000 | 1,044,000 | 2,718,000 |
| Net interest income | 4,231,000 | 9,250,000 | 14,957,000 | 21,238,000 |
| Noninterest income | 782,000 | 1,419,000 | 2,031,000 | 2,588,000 |
| Noninterest expense | 4,270,000 | 8,766,000 | 13,435,000 | 18,548,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 743,000 | 1,903,000 | 3,553,000 | 5,278,000 |
| Income tax | 187,000 | 480,000 | 877,000 | 1,321,000 |
| Net income | 556,000 | 1,423,000 | 2,676,000 | 3,957,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,295,000 | 51,323,000 | 52,697,000 | 54,104,000 |
| Total capital | 55,103,000 | 56,512,000 | 58,349,000 | 60,336,000 |
| Risk-weighted assets | 382,375,000 | 413,449,000 | 450,915,000 | 497,841,000 |