Call reports 2023
PARAGON BANK — 2023
What PARAGON BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 668,582,000 | 701,829,000 | 720,276,000 | 751,954,000 |
| Total loans | 571,995,000 | 602,267,000 | 627,849,000 | 660,468,000 |
| Allowance for loan losses | 8,413,000 | 8,425,000 | 8,407,000 | 8,316,000 |
| Securities available for sale | 69,442,000 | 66,265,000 | 61,609,000 | 60,227,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 596,808,000 | 603,366,000 | 634,434,000 | 670,425,000 |
| Interest-bearing deposits | 444,652,000 | 468,317,000 | 506,733,000 | 546,864,000 |
| Noninterest-bearing deposits | 152,157,000 | 135,049,000 | 127,701,000 | 123,561,000 |
| Equity capital | 50,645,000 | 53,267,000 | 54,117,000 | 59,122,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 8,693,000 | 18,189,000 | 28,487,000 | 39,824,000 |
| Interest expense | 2,538,000 | 5,962,000 | 10,430,000 | 15,634,000 |
| Net interest income | 6,155,000 | 12,227,000 | 18,057,000 | 24,190,000 |
| Noninterest income | 724,000 | 1,282,000 | 1,350,000 | 1,817,000 |
| Noninterest expense | 4,866,000 | 10,055,000 | 15,424,000 | 21,096,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,013,000 | 3,454,000 | 3,983,000 | 4,911,000 |
| Income tax | 510,000 | 886,000 | 472,000 | 828,000 |
| Net income | 1,503,000 | 2,568,000 | 3,511,000 | 4,083,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,676,000 | 58,875,000 | 60,451,000 | 63,830,000 |
| Total capital | 62,141,000 | 65,683,000 | 67,483,000 | 71,021,000 |
| Risk-weighted assets | 516,375,000 | 544,167,000 | 562,296,000 | 585,051,000 |