Call reports 2008
OPTUS BANK — 2008
What OPTUS BANK 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 | 78,929,000 | 81,394,000 | 81,182,000 | 81,214,000 |
| Total loans | 60,272,000 | 62,960,000 | 65,484,000 | 66,683,000 |
| Allowance for loan losses | 746,000 | 797,000 | 833,000 | 1,186,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,599,000 | 2,749,000 | 2,450,000 | 2,550,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,721,000 | 73,643,000 | 73,539,000 | 73,694,000 |
| Interest-bearing deposits | 61,078,000 | 63,421,000 | 63,742,000 | 64,333,000 |
| Noninterest-bearing deposits | 9,642,000 | 10,222,000 | 9,797,000 | 9,361,000 |
| Equity capital | 7,693,000 | 7,409,000 | 7,309,000 | 6,922,000 |
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 | 1,400,000 | 2,778,000 | 4,083,000 | 5,406,000 |
| Interest expense | 598,000 | 1,197,000 | 1,769,000 | 2,326,000 |
| Net interest income | 802,000 | 1,581,000 | 2,314,000 | 3,080,000 |
| Noninterest income | 229,000 | 486,000 | 734,000 | 1,280,000 |
| Noninterest expense | 1,025,000 | 2,131,000 | 3,158,000 | 4,584,000 |
| Provision for loan losses | 34,000 | 88,000 | 145,000 | 600,000 |
| Pretax income | -28,000 | -152,000 | -255,000 | -824,000 |
| Income tax | -8,000 | -55,000 | -57,000 | -275,000 |
| Net income | -20,000 | -97,000 | -198,000 | -549,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,138,000 | 6,858,000 | 6,763,000 | 6,380,000 |
| Total capital | 7,884,000 | 7,655,000 | 7,596,000 | 7,258,000 |
| Risk-weighted assets | 62,653,000 | 66,618,000 | 68,792,000 | 70,297,000 |