Call reports 2014
OPTIMUMBANK — 2014
What OPTIMUMBANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 132,607,000 | 128,168,000 | 122,642,000 | 124,350,000 |
| Total loans | 79,650,000 | 73,790,000 | 77,960,000 | 78,072,000 |
| Allowance for loan losses | 2,215,000 | 2,238,000 | 2,241,000 | 2,244,000 |
| Securities available for sale | 31,340,000 | 33,654,000 | 28,488,000 | 26,747,000 |
| Securities held to maturity | 100,000 | 100,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,694,000 | 96,842,000 | 90,265,000 | 92,145,000 |
| Interest-bearing deposits | 96,681,000 | 90,633,000 | 82,443,000 | 80,645,000 |
| Noninterest-bearing deposits | 6,013,000 | 6,209,000 | 7,822,000 | 11,500,000 |
| Equity capital | 6,122,000 | 7,681,000 | 8,684,000 | 8,683,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,242,000 | 3,123,000 | 4,360,000 | 5,693,000 |
| Interest expense | 207,000 | 404,000 | 582,000 | 756,000 |
| Net interest income | 1,035,000 | 2,719,000 | 3,778,000 | 4,937,000 |
| Noninterest income | 549,000 | 1,393,000 | 1,423,000 | 1,340,000 |
| Noninterest expense | 982,000 | 2,088,000 | 3,076,000 | 4,160,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 602,000 | 2,024,000 | 2,124,000 | 2,229,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 602,000 | 2,024,000 | 2,124,000 | 2,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,993,000 | 7,426,000 | 8,486,000 | 8,600,000 |
| Total capital | 7,235,000 | 8,571,000 | 9,653,000 | 9,757,000 |
| Risk-weighted assets | 98,360,000 | 90,474,000 | 92,282,000 | 91,454,000 |