Call reports 2008
PARAGON BANK & TRUST — 2008
What PARAGON BANK & TRUST reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 103,295,000 | 104,596,000 | 102,424,000 | 107,253,000 |
| Total loans | 91,330,000 | 93,853,000 | 90,133,000 | 88,391,000 |
| Allowance for loan losses | 1,762,000 | 1,913,000 | 2,067,000 | 3,490,000 |
| Securities available for sale | 1,061,000 | 1,049,000 | 547,000 | 559,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,706,000 | 82,440,000 | 87,466,000 | 92,451,000 |
| Interest-bearing deposits | 73,007,000 | 75,879,000 | 80,721,000 | 86,381,000 |
| Noninterest-bearing deposits | 8,699,000 | 6,561,000 | 6,745,000 | 6,070,000 |
| Equity capital | 10,463,000 | 10,436,000 | 9,899,000 | 9,773,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,602,000 | 2,970,000 | 4,367,000 | 5,666,000 |
| Interest expense | 876,000 | 1,564,000 | 2,283,000 | 2,963,000 |
| Net interest income | 726,000 | 1,406,000 | 2,084,000 | 2,703,000 |
| Noninterest income | 464,000 | 1,063,000 | 1,614,000 | 2,182,000 |
| Noninterest expense | 1,069,000 | 2,234,000 | 3,404,000 | 4,564,000 |
| Provision for loan losses | 373,000 | 516,000 | 1,393,000 | 2,858,000 |
| Pretax income | -252,000 | -281,000 | -1,099,000 | -2,537,000 |
| Income tax | -86,000 | -96,000 | -374,000 | -860,000 |
| Net income | -166,000 | -185,000 | -725,000 | -1,677,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,874,000 | 8,883,000 | 8,377,000 | 7,676,000 |
| Total capital | 10,072,000 | 10,116,000 | 9,585,000 | 8,852,000 |
| Risk-weighted assets | 95,313,000 | 97,923,000 | 95,800,000 | 91,752,000 |