Call reports 2007
OPTIMUMBANK — 2007
What OPTIMUMBANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 248,087,000 | 237,398,000 | 245,943,000 | 241,329,000 |
| Total loans | 186,614,000 | 173,119,000 | 178,860,000 | 174,000,000 |
| Allowance for loan losses | 1,113,000 | 736,000 | 752,000 | 692,000 |
| Securities available for sale | 241,000 | 237,000 | 240,000 | 244,000 |
| Securities held to maturity | 43,018,000 | 53,167,000 | 58,307,000 | 58,472,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,191,000 | 124,943,000 | 127,572,000 | 127,298,000 |
| Interest-bearing deposits | 129,636,000 | 119,904,000 | 122,099,000 | 123,730,000 |
| Noninterest-bearing deposits | 4,555,000 | 5,039,000 | 5,474,000 | 3,568,000 |
| Equity capital | 25,734,000 | 26,136,000 | 26,663,000 | 27,270,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,903,000 | 8,054,000 | 12,213,000 | 16,473,000 |
| Interest expense | 2,155,000 | 4,508,000 | 6,927,000 | 9,380,000 |
| Net interest income | 1,748,000 | 3,546,000 | 5,286,000 | 7,093,000 |
| Noninterest income | 158,000 | 170,000 | 188,000 | 197,000 |
| Noninterest expense | 869,000 | 1,739,000 | 2,666,000 | 3,638,000 |
| Provision for loan losses | 311,000 | 520,000 | 536,000 | 476,000 |
| Pretax income | 726,000 | 1,457,000 | 2,272,000 | 3,176,000 |
| Income tax | 243,000 | 518,000 | 825,000 | 1,165,000 |
| Net income | 483,000 | 939,000 | 1,447,000 | 2,011,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,743,000 | 26,149,000 | 26,673,000 | 27,274,000 |
| Total capital | 26,856,000 | 26,885,000 | 27,425,000 | 27,966,000 |
| Risk-weighted assets | 170,567,000 | 152,988,000 | 158,037,000 | 155,811,000 |