Call reports 2013
OPTIMUMBANK — 2013
What OPTIMUMBANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 135,707,000 | 136,080,000 | 127,624,000 | 128,603,000 |
| Total loans | 88,612,000 | 87,214,000 | 85,014,000 | 81,461,000 |
| Allowance for loan losses | 2,540,000 | 2,587,000 | 2,924,000 | 2,211,000 |
| Securities available for sale | 16,919,000 | 20,722,000 | 23,718,000 | 22,990,000 |
| Securities held to maturity | 100,000 | 100,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,857,000 | 99,252,000 | 98,918,000 | 99,388,000 |
| Interest-bearing deposits | 93,481,000 | 94,219,000 | 94,419,000 | 94,917,000 |
| Noninterest-bearing deposits | 3,376,000 | 5,034,000 | 4,499,000 | 4,470,000 |
| Equity capital | 10,145,000 | 7,919,000 | 7,704,000 | 5,385,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,306,000 | 2,574,000 | 3,867,000 | 5,325,000 |
| Interest expense | 527,000 | 1,016,000 | 1,410,000 | 1,766,000 |
| Net interest income | 779,000 | 1,558,000 | 2,457,000 | 3,559,000 |
| Noninterest income | -142,000 | -789,000 | -770,000 | -1,040,000 |
| Noninterest expense | 1,156,000 | 2,468,000 | 3,538,000 | 6,642,000 |
| Provision for loan losses | 1,372,000 | 2,194,000 | 2,194,000 | 2,194,000 |
| Pretax income | -2,094,000 | -4,246,000 | -4,427,000 | -6,699,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -2,094,000 | -4,246,000 | -4,427,000 | -6,699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,950,000 | 7,812,000 | 7,643,000 | 5,383,000 |
| Total capital | 11,384,000 | 9,203,000 | 8,960,000 | 6,667,000 |
| Risk-weighted assets | 114,678,000 | 110,095,000 | 103,981,000 | 101,772,000 |