Call reports 2017
OPTIMA BANK AND TRUST COMPANY — 2017
What OPTIMA BANK AND TRUST COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 437,765,000 | 442,655,000 | 470,074,000 | 495,902,000 |
| Total loans | 368,841,000 | 386,388,000 | 397,453,000 | 420,318,000 |
| Allowance for loan losses | 2,844,000 | 2,903,000 | 2,903,000 | 3,075,000 |
| Securities available for sale | 30,646,000 | 28,366,000 | 27,738,000 | 27,317,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 399,122,000 | 405,100,000 | 432,047,000 | 458,505,000 |
| Interest-bearing deposits | 359,782,000 | 356,009,000 | 383,634,000 | 410,483,000 |
| Noninterest-bearing deposits | 39,340,000 | 49,091,000 | 48,413,000 | 48,022,000 |
| Equity capital | 29,283,000 | 29,913,000 | 30,570,000 | 31,261,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,859,000 | 8,101,000 | 12,464,000 | 17,071,000 |
| Interest expense | 822,000 | 1,682,000 | 2,660,000 | 3,775,000 |
| Net interest income | 3,037,000 | 6,419,000 | 9,804,000 | 13,296,000 |
| Noninterest income | 260,000 | 524,000 | 851,000 | 1,090,000 |
| Noninterest expense | 2,722,000 | 5,517,000 | 8,259,000 | 11,048,000 |
| Provision for loan losses | 190,000 | 263,000 | 263,000 | 428,000 |
| Pretax income | 385,000 | 1,165,000 | 2,175,000 | 2,952,000 |
| Income tax | 134,000 | 418,000 | 778,000 | 1,068,000 |
| Net income | 251,000 | 747,000 | 1,397,000 | 1,884,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,519,000 | 30,030,000 | 30,694,000 | 31,401,000 |
| Total capital | 32,412,000 | 32,987,000 | 33,651,000 | 34,529,000 |
| Risk-weighted assets | 303,315,000 | 312,524,000 | 320,613,000 | 335,802,000 |