Call reports 2016
OPTIMA BANK AND TRUST COMPANY — 2016
What OPTIMA BANK AND TRUST COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 378,594,000 | 397,724,000 | 409,900,000 | 427,391,000 |
| Total loans | 321,418,000 | 330,156,000 | 330,100,000 | 342,632,000 |
| Allowance for loan losses | 2,491,000 | 2,561,000 | 2,634,000 | 2,654,000 |
| Securities available for sale | 13,092,000 | 6,561,000 | 11,537,000 | 22,680,000 |
| Securities held to maturity | 11,214,000 | 11,224,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 329,406,000 | 358,036,000 | 371,492,000 | 390,861,000 |
| Interest-bearing deposits | 298,726,000 | 322,454,000 | 332,512,000 | 353,410,000 |
| Noninterest-bearing deposits | 30,680,000 | 35,582,000 | 38,980,000 | 37,451,000 |
| Equity capital | 26,235,000 | 26,743,000 | 28,266,000 | 29,038,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,537,000 | 7,055,000 | 10,771,000 | 14,424,000 |
| Interest expense | 616,000 | 1,316,000 | 2,105,000 | 2,921,000 |
| Net interest income | 2,921,000 | 5,739,000 | 8,666,000 | 11,503,000 |
| Noninterest income | 255,000 | 707,000 | 1,406,000 | 2,070,000 |
| Noninterest expense | 2,447,000 | 5,007,000 | 7,463,000 | 9,822,000 |
| Provision for loan losses | 80,000 | 470,000 | 540,000 | 560,000 |
| Pretax income | 652,000 | 977,000 | 2,142,000 | 3,264,000 |
| Income tax | 244,000 | 367,000 | 793,000 | 1,163,000 |
| Net income | 408,000 | 610,000 | 1,349,000 | 2,101,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,782,000 | 27,203,000 | 28,309,000 | 29,253,000 |
| Total capital | 29,306,000 | 29,806,000 | 30,987,000 | 31,950,000 |
| Risk-weighted assets | 252,565,000 | 264,887,000 | 268,952,000 | 282,584,000 |