Institution Statistics
| Paradise Bank | | FDIC Certificate # | 58030 | | BankRate Report | View | | Year Established | 2005 | | Employees | 40 | | Primary Regulator | FED |
Assets and Liabilities | | Assets | $288.21 million | | Loans | $207.94 million | | Deposits | $259.28 million | | Equity Capital | $25.28 million | | Loan Loss Allowance | $5.45 million | | Unbacked Noncurrent Loans | $1.72 million | | Real Estate Owned | $1.01 million |
Historic Data - March 2011 | | Assets | $320.99 million | | Equity Capital | $21.59 million | | Loan Loss Allowance | $7.67 million | | Unbacked Noncurrent Loans | $8.07 million | | Real Estate Owned | $829,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.56% | | Return on Assets | 1.49% | | Return on Equity | 17.22% | | Interest Income | $2.91 million |
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Institution Health
Overall Score:
4 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Paradise Bank had $2.73 million in non-current loans and owned real-estate with $30.74 million in equity and loan loss allowances on hand to cover it. This gives Paradise Bank a Texas Ratio of 8.88% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Paradise Bank decreased significantly from 30.43% as of March 31, 2011 to 8.88% as of March 31, 2012, resulting in a positive change of 70.81%.This indicates that the balance sheet and financial strength for Paradise Bank has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Paradise Bank has decreased its total deposits by -$26.31 million, resulting in -9.21% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Paradise Bank has shown is poor. | | Capitalization | | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Paradise Bank has $288.21 million in assets with $30.74 million in equity, resulting in a capitalization level of 10.66%, which is above average. |
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