Call reports 2005
OPTIMUMBANK — 2005
What OPTIMUMBANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 169,907,000 | 192,039,000 | 201,277,000 | 205,601,000 |
| Total loans | 131,463,000 | 151,803,000 | 160,172,000 | 170,965,000 |
| Allowance for loan losses | 661,000 | 773,000 | 733,000 | 777,000 |
| Securities available for sale | 244,000 | 249,000 | 244,000 | 243,000 |
| Securities held to maturity | 30,815,000 | 29,072,000 | 27,433,000 | 25,618,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,951,000 | 114,781,000 | 118,025,000 | 115,693,000 |
| Interest-bearing deposits | 98,416,000 | 111,323,000 | 114,628,000 | 113,532,000 |
| Noninterest-bearing deposits | 2,535,000 | 3,458,000 | 3,397,000 | 2,161,000 |
| Equity capital | 21,947,000 | 22,325,000 | 22,675,000 | 23,107,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,658,000 | 5,653,000 | 8,692,000 | 11,901,000 |
| Interest expense | 1,116,000 | 2,460,000 | 3,908,000 | 5,520,000 |
| Net interest income | 1,542,000 | 3,193,000 | 4,784,000 | 6,381,000 |
| Noninterest income | 18,000 | 39,000 | 54,000 | 67,000 |
| Noninterest expense | 819,000 | 1,630,000 | 2,540,000 | 3,317,000 |
| Provision for loan losses | 33,000 | 145,000 | 105,000 | 149,000 |
| Pretax income | 708,000 | 1,457,000 | 2,193,000 | 2,982,000 |
| Income tax | 268,000 | 553,000 | 834,000 | 1,134,000 |
| Net income | 440,000 | 904,000 | 1,359,000 | 1,848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,953,000 | 22,326,000 | 22,681,000 | 23,114,000 |
| Total capital | 22,614,000 | 23,099,000 | 23,414,000 | 23,891,000 |
| Risk-weighted assets | 111,613,000 | 134,310,000 | 144,517,000 | 146,829,000 |