Call reports 2021
OPTUS BANK — 2021
What OPTUS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 196,323,000 | 315,217,000 | 272,475,000 | 315,458,000 |
| Total loans | 91,604,000 | 115,084,000 | 121,012,000 | 133,192,000 |
| Allowance for loan losses | 531,000 | 692,000 | 704,000 | 689,000 |
| Securities available for sale | 11,097,000 | 10,635,000 | 10,146,000 | 9,726,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,379,000 | 267,914,000 | 242,874,000 | 281,681,000 |
| Interest-bearing deposits | 129,386,000 | 235,747,000 | 208,325,000 | 233,532,000 |
| Noninterest-bearing deposits | 23,993,000 | 32,167,000 | 34,549,000 | 48,149,000 |
| Equity capital | 17,688,000 | 24,307,000 | 27,797,000 | 32,099,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,283,000 | 2,572,000 | 4,755,000 | 6,654,000 |
| Interest expense | 114,000 | 351,000 | 622,000 | 920,000 |
| Net interest income | 1,169,000 | 2,221,000 | 4,133,000 | 5,734,000 |
| Noninterest income | 106,000 | 389,000 | 543,000 | 706,000 |
| Noninterest expense | 975,000 | 1,516,000 | 2,859,000 | 4,075,000 |
| Provision for loan losses | 0 | 150,000 | 150,000 | 300,000 |
| Pretax income | 300,000 | 944,000 | 1,667,000 | 2,065,000 |
| Income tax | 56,000 | 176,000 | 350,000 | 406,000 |
| Net income | 244,000 | 768,000 | 1,317,000 | 1,659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,480,000 | 22,450,000 | 26,610,000 | 31,602,000 |