Call reports 2020
OPTUS BANK — 2020
What OPTUS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 90,796,000 | 154,752,000 | 161,534,000 | 187,302,000 |
| Total loans | 52,906,000 | 86,692,000 | 91,187,000 | 91,552,000 |
| Allowance for loan losses | 621,000 | 586,000 | 545,000 | 547,000 |
| Securities available for sale | 12,820,000 | 12,706,000 | 11,637,000 | 11,998,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,592,000 | 114,759,000 | 105,914,000 | 133,402,000 |
| Interest-bearing deposits | 69,192,000 | 89,007,000 | 84,365,000 | 111,224,000 |
| Noninterest-bearing deposits | 9,400,000 | 25,752,000 | 21,549,000 | 22,178,000 |
| Equity capital | 10,644,000 | 11,257,000 | 12,684,000 | 17,622,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 895,000 | 1,808,000 | 2,949,000 | 4,187,000 |
| Interest expense | 194,000 | 367,000 | 503,000 | 622,000 |
| Net interest income | 701,000 | 1,441,000 | 2,446,000 | 3,565,000 |
| Noninterest income | 114,000 | 217,000 | 551,000 | 875,000 |
| Noninterest expense | 779,000 | 1,468,000 | 2,287,000 | 3,327,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 36,000 | 190,000 | 710,000 | 1,113,000 |
| Income tax | -2,327,000 | -2,289,000 | -2,139,000 | -2,083,000 |
| Net income | 2,363,000 | 2,479,000 | 2,849,000 | 3,196,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,604,000 | 8,754,000 | 10,238,000 | 15,195,000 |