Call reports 2018
OPTIMUMBANK — 2018
What OPTIMUMBANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 88,624,000 | 90,576,000 | 97,021,000 | 99,256,000 |
| Total loans | 73,093,000 | 72,959,000 | 78,196,000 | 79,443,000 |
| Allowance for loan losses | 3,993,000 | 1,899,000 | 1,905,000 | 2,243,000 |
| Securities available for sale | 10,990,000 | 2,761,000 | 2,578,000 | 2,359,000 |
| Securities held to maturity | 0 | 7,765,000 | 7,419,000 | 7,139,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,170,000 | 52,242,000 | 58,816,000 | 62,877,000 |
| Interest-bearing deposits | 42,829,000 | 39,053,000 | 47,714,000 | 52,740,000 |
| Noninterest-bearing deposits | 12,341,000 | 13,189,000 | 11,102,000 | 10,137,000 |
| Equity capital | 9,299,000 | 11,324,000 | 11,245,000 | 10,851,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,021,000 | 2,055,000 | 3,158,000 | 4,278,000 |
| Interest expense | 194,000 | 395,000 | 640,000 | 935,000 |
| Net interest income | 827,000 | 1,660,000 | 2,518,000 | 3,343,000 |
| Noninterest income | 6,000 | 46,000 | 59,000 | 76,000 |
| Noninterest expense | 814,000 | 1,718,000 | 2,657,000 | 3,570,000 |
| Provision for loan losses | 0 | -2,100,000 | -2,100,000 | -1,754,000 |
| Pretax income | 19,000 | 2,088,000 | 2,020,000 | 1,603,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 19,000 | 2,088,000 | 2,020,000 | 1,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,596,000 | 11,666,000 | 11,597,000 | 11,181,000 |
| Total capital | 10,527,000 | 12,590,000 | 12,587,000 | 12,154,000 |
| Risk-weighted assets | 71,426,000 | 72,920,000 | 78,147,000 | 76,652,000 |