Vitals
  • Total Assets
    27.6M -9.0 %
  • Total Deposits
    23.9M -12.5 %
  • Total Net Loans
    21.2M -8.3 %
  • Net Income
    130000.0000 16.1 %
  • Book Value
    3.1M 6.7 %
  • Book Value x2
    6.2M 6.7 %
  • Book Value x3
    9.3M 6.7 %
ROAA

.909

ROAE

8.449

Efficiency Ratio

69.072

Net Interest Margin

4.621

Balance Sheet Highlights
Financial Highlights Paragon Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 27,635 138,472
Total Net Loans 21,193 92,090
Total Deposits 23,938 117,230
Total Equity 3,115 15,259
Profitability
Net Income 130 820
Return on Average Assets .909 1.091
Return on Average Equity 8.449 10.036
Net Interest Margin 4.621 3.842
Efficiency Ratio 69.072 68.266
Noninterest Income/Revenue 5.956 12.981
Balance Sheet Ratios
Loan-to-Deposit 88.533 76.782
Securities/Assets .068 .172
Total Equity/Total Assets .113 .11
Tangible Equity/Tangible Assets .113 .108
Capital Adequacy
Tier 1 Common Capital 3,115 14,366
Tier 1 Capital 3,115 14,374
Tier 2 Capital 237 1,083
Total Capital 3,352 15,471
Total Risk Weighted Assets 21,498 99,702
Leverage Ratio 11.09 10.493
Common Equity Tier 1 Capital Ratio 14.49 15.308
Tier 1 Capital Ratio 14.49 15.32
Total Capital Ratio 15.59 16.416

Timeline for Paragon Bank

Peoples State Bank Of Wells

Paragon Bank was acquired by Peoples State Bank Of Wells 7 years

View Profile Sep 10 2016

Peoples Equity Corporation

Peoples Equity Corporation became a new parent organization for Paragon Bank.

View Profile Aug 19 2016

Southern Minnesota Bancshares, Inc.

Southern Minnesota Bancshares, Inc. became a new parent organization for Paragon Bank.

View Profile Apr 03 1984

Paragon Bank

Paragon Bank was established 98 years ago and is currently headquartered in Wells, MN.

Aug 31 1925
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Peoples State Bank Of Wells Buyer 56,331 Acquisition Discontinued 9/10/2016
Relationships Role Relationship Start Relationship End
Peoples Equity Corporation Parent 8/19/2016 9/9/2016
Southern Minnesota Bancshares, Inc. Parent 3/27/1998 8/18/2016
Southern Minnesota Bancshares, Inc. Parent 12/31/1989 3/26/1998
Southern Minnesota Bancshares, Inc. Parent 4/3/1984 12/30/1989
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