Call reports 2024
PARADISE BANK — 2024
What PARADISE 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 | 367,503,000 | 380,605,000 | 468,562,000 | 412,953,000 |
| Total loans | 245,965,000 | 267,491,000 | 301,810,000 | 295,052,000 |
| Allowance for loan losses | 2,566,000 | 2,736,000 | 2,964,000 | 2,964,000 |
| Securities available for sale | 45,841,000 | 44,980,000 | 47,092,000 | 43,921,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 337,207,000 | 348,494,000 | 426,817,000 | 381,524,000 |
| Interest-bearing deposits | 204,436,000 | 216,169,000 | 259,633,000 | 263,460,000 |
| Noninterest-bearing deposits | 132,771,000 | 132,325,000 | 167,184,000 | 118,064,000 |
| Equity capital | 27,252,000 | 28,311,000 | 29,688,000 | 28,752,000 |
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 | 6,512,000 | 13,701,000 | 21,248,000 | 28,747,000 |
| Interest expense | 1,409,000 | 3,138,000 | 5,214,000 | 7,503,000 |
| Net interest income | 5,103,000 | 10,563,000 | 16,034,000 | 21,244,000 |
| Noninterest income | 828,000 | 2,403,000 | 3,260,000 | 5,119,000 |
| Noninterest expense | 3,411,000 | 6,967,000 | 10,379,000 | 13,971,000 |
| Provision for loan losses | 0 | 170,000 | 390,000 | 390,000 |
| Pretax income | 2,520,000 | 5,829,000 | 8,525,000 | 12,002,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,520,000 | 5,829,000 | 8,525,000 | 12,002,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,019,000 | 37,742,000 | 37,203,000 | 38,256,000 |
| Total capital | 39,585,000 | 40,478,000 | 40,167,000 | 41,220,000 |
| Risk-weighted assets | 283,027,000 | 304,463,000 | 318,735,000 | 318,131,000 |