FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

OPTIMUMBANK — 2024Q1

The 22 measures OPTIMUMBANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/a2af9d20-d138-40b5-ac3d-ac684bdf6fca/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets940,399,000USDevidence →
Total loans754,650,000USDevidence →
Allowance for loan losses8,281,000USDevidence →
Securities available for sale23,580,000USDevidence →
Securities held to maturity3,477,000USDevidence →
Trading assets0USDevidence →
Total deposits800,553,000USDevidence →
Interest-bearing deposits580,469,000USDevidence →
Noninterest-bearing deposits220,084,000USDevidence →
Equity capital82,484,000USDevidence →

Income

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

MeasureValueUnitSource
Interest income13,467,000USDevidence →
Interest expense5,714,000USDevidence →
Net interest income7,753,000USDevidence →
Noninterest income1,218,000USDevidence →
Noninterest expense4,171,000USDevidence →
Provision for loan losses1,132,000USDevidence →
Pretax income3,743,000USDevidence →
Income tax956,000USDevidence →
Net income2,787,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital88,209,000USDevidence →