Call reports 2017
OPTIMUMBANK — 2017
What OPTIMUMBANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 117,660,000 | 112,554,000 | 108,288,000 | 95,664,000 |
| Total loans | 79,446,000 | 73,151,000 | 73,098,000 | 72,211,000 |
| Allowance for loan losses | 3,915,000 | 3,895,000 | 3,904,000 | 3,991,000 |
| Securities available for sale | 19,759,000 | 19,161,000 | 16,199,000 | 11,437,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,510,000 | 82,376,000 | 77,971,000 | 65,347,000 |
| Interest-bearing deposits | 80,127,000 | 74,052,000 | 68,561,000 | 52,619,000 |
| Noninterest-bearing deposits | 7,383,000 | 8,324,000 | 9,410,000 | 12,728,000 |
| Equity capital | 9,287,000 | 9,280,000 | 9,333,000 | 9,327,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,196,000 | 2,314,000 | 3,488,000 | 4,733,000 |
| Interest expense | 226,000 | 486,000 | 735,000 | 971,000 |
| Net interest income | 970,000 | 1,828,000 | 2,753,000 | 3,762,000 |
| Noninterest income | 5,000 | 10,000 | 15,000 | 22,000 |
| Noninterest expense | 950,000 | 1,848,000 | 2,746,000 | 3,716,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 25,000 | -10,000 | 29,000 | 79,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 25,000 | -10,000 | 29,000 | 79,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,523,000 | 9,488,000 | 9,527,000 | 9,577,000 |
| Total capital | 10,529,000 | 10,428,000 | 10,472,000 | 10,484,000 |
| Risk-weighted assets | 77,534,000 | 72,228,000 | 72,616,000 | 69,508,000 |