Call reports 2006
OPTIMUMBANK — 2006
What OPTIMUMBANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 208,633,000 | 218,115,000 | 219,115,000 | 225,855,000 |
| Total loans | 174,481,000 | 180,207,000 | 177,319,000 | 182,784,000 |
| Allowance for loan losses | 883,000 | 910,000 | 922,000 | 974,000 |
| Securities available for sale | 238,000 | 235,000 | 241,000 | 241,000 |
| Securities held to maturity | 24,665,000 | 28,561,000 | 27,462,000 | 33,398,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,014,000 | 122,114,000 | 132,692,000 | 132,039,000 |
| Interest-bearing deposits | 115,927,000 | 118,837,000 | 128,530,000 | 128,950,000 |
| Noninterest-bearing deposits | 3,087,000 | 3,277,000 | 4,161,000 | 3,089,000 |
| Equity capital | 23,651,000 | 24,226,000 | 24,774,000 | 25,351,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,420,000 | 6,893,000 | 10,604,000 | 14,463,000 |
| Interest expense | 1,740,000 | 3,540,000 | 5,565,000 | 7,744,000 |
| Net interest income | 1,680,000 | 3,353,000 | 5,039,000 | 6,719,000 |
| Noninterest income | 195,000 | 301,000 | 319,000 | 356,000 |
| Noninterest expense | 854,000 | 1,713,000 | 2,577,000 | 3,464,000 |
| Provision for loan losses | 106,000 | 133,000 | 145,000 | 265,000 |
| Pretax income | 915,000 | 1,808,000 | 2,636,000 | 3,346,000 |
| Income tax | 329,000 | 665,000 | 977,000 | 1,244,000 |
| Net income | 586,000 | 1,143,000 | 1,659,000 | 2,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,663,000 | 24,241,000 | 24,783,000 | 25,360,000 |
| Total capital | 24,546,000 | 25,151,000 | 25,705,000 | 26,334,000 |
| Risk-weighted assets | 150,771,000 | 155,771,000 | 156,417,000 | 157,487,000 |