Call reports 2001
OPTIMUMBANK — 2001
What OPTIMUMBANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 20,266,000 | 24,575,000 | 31,131,000 | 40,806,000 |
| Total loans | 16,404,000 | 18,811,000 | 26,480,000 | 33,752,000 |
| Allowance for loan losses | 183,000 | 183,000 | 173,000 | 173,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,469,000 | 17,684,000 | 22,719,000 | 28,596,000 |
| Interest-bearing deposits | 13,355,000 | 17,566,000 | 22,341,000 | 28,205,000 |
| Noninterest-bearing deposits | 114,000 | 118,000 | 378,000 | 391,000 |
| Equity capital | 6,696,000 | 6,876,000 | 8,377,000 | 8,397,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 345,000 | 797,000 | 1,364,000 | 1,996,000 |
| Interest expense | 176,000 | 409,000 | 703,000 | 1,009,000 |
| Net interest income | 169,000 | 388,000 | 661,000 | 987,000 |
| Noninterest income | 13,000 | 35,000 | 37,000 | 42,000 |
| Noninterest expense | 271,000 | 529,000 | 803,000 | 1,091,000 |
| Provision for loan losses | 37,000 | 37,000 | 27,000 | 27,000 |
| Pretax income | -126,000 | -143,000 | -132,000 | -89,000 |
| Income tax | -49,000 | -54,000 | -51,000 | -34,000 |
| Net income | -77,000 | -89,000 | -81,000 | -55,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,696,000 | 6,876,000 | 8,377,000 | 8,155,000 |
| Total capital | 6,831,000 | 7,043,000 | 8,550,000 | 8,328,000 |
| Risk-weighted assets | 10,792,000 | 13,389,000 | 17,100,000 | 21,857,000 |