Call reports 2004
OPTIMUMBANK — 2004
What OPTIMUMBANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 142,487,000 | 153,694,000 | 157,261,000 | 164,377,000 |
| Total loans | 111,917,000 | 118,180,000 | 123,920,000 | 129,929,000 |
| Allowance for loan losses | 522,000 | 547,000 | 599,000 | 628,000 |
| Securities available for sale | 250,000 | 243,000 | 247,000 | 247,000 |
| Securities held to maturity | 16,022,000 | 19,873,000 | 19,078,000 | 24,134,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,919,000 | 90,411,000 | 97,300,000 | 99,308,000 |
| Interest-bearing deposits | 89,623,000 | 88,410,000 | 95,833,000 | 97,371,000 |
| Noninterest-bearing deposits | 1,296,000 | 2,001,000 | 1,467,000 | 1,937,000 |
| Equity capital | 15,423,000 | 15,813,000 | 21,241,000 | 21,576,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,353,000 | 4,625,000 | 6,981,000 | 9,446,000 |
| Interest expense | 950,000 | 1,894,000 | 2,889,000 | 3,947,000 |
| Net interest income | 1,403,000 | 2,731,000 | 4,092,000 | 5,499,000 |
| Noninterest income | 15,000 | 33,000 | 44,000 | 61,000 |
| Noninterest expense | 703,000 | 1,370,000 | 2,071,000 | 2,757,000 |
| Provision for loan losses | 30,000 | 55,000 | 107,000 | 136,000 |
| Pretax income | 685,000 | 1,339,000 | 1,958,000 | 2,667,000 |
| Income tax | 261,000 | 510,000 | 746,000 | 1,016,000 |
| Net income | 424,000 | 829,000 | 1,212,000 | 1,651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,423,000 | 15,820,000 | 21,244,000 | 21,579,000 |
| Total capital | 15,945,000 | 16,367,000 | 21,843,000 | 22,207,000 |
| Risk-weighted assets | 93,452,000 | 97,980,000 | 105,381,000 | 107,952,000 |