Call reports 2024
PARAGON BANK — 2024
What PARAGON BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 775,404,000 | 774,754,000 | 824,848,000 | 874,105,000 |
| Total loans | 674,016,000 | 685,035,000 | 743,867,000 | 786,746,000 |
| Allowance for loan losses | 8,265,000 | 8,262,000 | 8,279,000 | 8,288,000 |
| Securities available for sale | 53,238,000 | 49,948,000 | 49,342,000 | 47,310,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 703,850,000 | 666,070,000 | 710,403,000 | 770,713,000 |
| Interest-bearing deposits | 540,263,000 | 503,601,000 | 575,644,000 | 631,538,000 |
| Noninterest-bearing deposits | 163,587,000 | 162,469,000 | 134,759,000 | 139,175,000 |
| Equity capital | 59,743,000 | 61,375,000 | 63,970,000 | 65,954,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 11,734,000 | 23,880,000 | 36,900,000 | 50,628,000 |
| Interest expense | 5,519,000 | 10,592,000 | 16,527,000 | 22,523,000 |
| Net interest income | 6,215,000 | 13,288,000 | 20,373,000 | 28,105,000 |
| Noninterest income | 811,000 | 1,629,000 | 2,583,000 | 3,380,000 |
| Noninterest expense | 5,934,000 | 12,091,000 | 18,359,000 | 24,745,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,092,000 | 2,826,000 | 4,597,000 | 6,740,000 |
| Income tax | 305,000 | 774,000 | 1,252,000 | 1,635,000 |
| Net income | 787,000 | 2,052,000 | 3,345,000 | 5,105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,446,000 | 65,807,000 | 67,139,000 | 70,053,000 |
| Total capital | 71,878,000 | 73,262,000 | 74,668,000 | 77,592,000 |
| Risk-weighted assets | 594,500,000 | 596,323,000 | 631,380,000 | 654,214,000 |