Call reports 2015
OPTIMUMBANK — 2015
What OPTIMUMBANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 128,899,000 | 132,469,000 | 119,417,000 | 127,306,000 |
| Total loans | 81,696,000 | 84,837,000 | 79,036,000 | 84,868,000 |
| Allowance for loan losses | 2,248,000 | 2,179,000 | 1,987,000 | 2,295,000 |
| Securities available for sale | 27,170,000 | 25,513,000 | 25,654,000 | 25,749,000 |
| Securities held to maturity | 100,000 | 100,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,353,000 | 100,138,000 | 93,825,000 | 97,966,000 |
| Interest-bearing deposits | 81,556,000 | 82,140,000 | 84,499,000 | 85,479,000 |
| Noninterest-bearing deposits | 10,797,000 | 17,998,000 | 9,326,000 | 12,487,000 |
| Equity capital | 8,920,000 | 8,835,000 | 9,112,000 | 9,035,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,076,000 | 2,217,000 | 3,412,000 | 4,644,000 |
| Interest expense | 172,000 | 353,000 | 534,000 | 724,000 |
| Net interest income | 904,000 | 1,864,000 | 2,878,000 | 3,920,000 |
| Noninterest income | 61,000 | 145,000 | -20,000 | 26,000 |
| Noninterest expense | 890,000 | 1,791,000 | 2,833,000 | 3,794,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 107,000 | 250,000 | 85,000 | 212,000 |
| Income tax | 0 | 0 | -320,000 | -320,000 |
| Net income | 107,000 | 250,000 | 405,000 | 532,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,715,000 | 8,867,000 | 9,033,000 | 9,173,000 |
| Total capital | 9,920,000 | 10,098,000 | 10,163,000 | 10,319,000 |
| Risk-weighted assets | 95,344,000 | 97,569,000 | 89,462,000 | 90,500,000 |