Call reports 2019

OPTIMUMBANK — 2019

Name: OPTIMUMBANK — FFIEC call report 2019
Creator: OPTIMUMBANK

What OPTIMUMBANK reported to the FFIEC in 2019, quarter by quarter.

PERIOD: 2019SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/a2af9d20-d138-40b5-ac3d-ac684bdf6fca/2019

Balance sheet

What the bank holds and owes at quarter end

Measure	2019Q1	2019Q2	2019Q3	2019Q4
Total assets	105,584,000	110,372,000	118,534,000	126,579,000
Total loans	80,545,000	82,913,000	94,184,000	104,242,000
Allowance for loan losses	2,047,000	2,053,000	2,104,000	2,009,000
Securities available for sale	2,191,000	6,213,000	5,860,000	5,409,000
Securities held to maturity	6,955,000	6,632,000	6,195,000	5,806,000
Trading assets	0	0	0	0
Total deposits	81,213,000	86,089,000	93,335,000	101,585,000
Interest-bearing deposits	69,183,000	74,975,000	81,753,000	90,827,000
Noninterest-bearing deposits	12,030,000	11,113,000	11,582,000	10,759,000
Equity capital	10,877,000	10,898,000	10,807,000	10,730,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2019Q1	2019Q2	2019Q3	2019Q4
Interest income	1,190,000	2,435,000	3,696,000	5,174,000
Interest expense	363,000	781,000	1,246,000	1,749,000
Net interest income	827,000	1,654,000	2,450,000	3,425,000
Noninterest income	37,000	124,000	153,000	-36,000
Noninterest expense	906,000	1,868,000	2,764,000	3,767,000
Provision for loan losses	0	0	45,000	-79,000
Pretax income	-42,000	-90,000	-206,000	-299,000
Income tax	-52,000	-52,000	-52,000	-52,000
Net income	10,000	-38,000	-154,000	-247,000

Basel measures — not reported for every quarter

Measure	2019Q1	2019Q2	2019Q3	2019Q4
Tier 1 capital	11,190,000	11,143,000	11,027,000	10,934,000
Total capital	12,184,000	12,198,000	12,243,000	12,212,000
Risk-weighted assets	78,460,000	83,448,000	96,412,000	101,544,000