Call reports 2023
OPTUS BANK — 2023
What OPTUS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 418,728,000 | 439,711,000 | 472,970,000 | 524,934,000 |
| Total loans | 247,049,000 | 241,298,000 | 267,581,000 | 300,237,000 |
| Allowance for loan losses | 1,200,000 | 1,176,000 | 1,437,000 | 1,477,000 |
| Securities available for sale | 41,254,000 | 38,571,000 | 55,091,000 | 79,534,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 340,133,000 | 369,018,000 | 401,544,000 | 438,654,000 |
| Interest-bearing deposits | 265,750,000 | 293,396,000 | 318,946,000 | 357,078,000 |
| Noninterest-bearing deposits | 74,383,000 | 75,622,000 | 82,598,000 | 81,576,000 |
| Equity capital | 64,929,000 | 66,399,000 | 67,408,000 | 70,968,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,620,000 | 9,956,000 | 16,259,000 | 23,727,000 |
| Interest expense | 1,033,000 | 2,506,000 | 4,622,000 | 7,518,000 |
| Net interest income | 3,587,000 | 7,450,000 | 11,637,000 | 16,209,000 |
| Noninterest income | 359,000 | 802,000 | 1,494,000 | 1,859,000 |
| Noninterest expense | 1,802,000 | 3,950,000 | 6,101,000 | 8,540,000 |
| Provision for loan losses | 90,000 | 180,000 | 580,000 | 740,000 |
| Pretax income | 2,054,000 | 4,122,000 | 6,450,000 | 8,755,000 |
| Income tax | 410,000 | 954,000 | 1,494,000 | 1,976,000 |
| Net income | 1,644,000 | 3,168,000 | 4,956,000 | 6,779,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,631,000 | 68,156,000 | 69,943,000 | 71,766,000 |
| Total capital | 67,831,000 | 69,332,000 | 71,379,000 | 73,277,000 |
| Risk-weighted assets | 275,910,000 | 265,061,000 | 293,200,000 | 333,643,000 |