OptimumBank

OptimumBank is headquartered in Plantation and is the 149^th largest bank in the state of Florida. It is also the 3,930^th largest bank in the nation. It was established in 2000 and as of December of 2012, it had grown to 19 employees at 3 locations. OptimumBank has a 2-star health rating.

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Data for Q4 2012

Institution Statistics OptimumBank FDIC Certificate # 35430 BankRate Report View Year Established 2000 Employees 19 Primary Regulator FDIC Assets and Liabilities Assets $143.83 million Loans $85.21 million Deposits $102.76 million Equity Capital $12.26 million Loan Loss Allowance $2.46 million Unbacked Noncurrent Loans $17.08 million Real Estate Owned $10.94 million Historic Data - December 2011 Assets $154.39 million Equity Capital $11.99 million Loan Loss Allowance $2.35 million Unbacked Noncurrent Loans $28.61 million Real Estate Owned $7.65 million Profit Margin - Quarterly Net Interest Margin 2.07% Return on Assets -2.85% Return on Equity -33.42% Interest Income $5.21 million

Institution Health Overall Score: 2 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 OptimumBank had $28.02 million in non-current loans and owned real-estate with $14.72 million in equity and loan loss allowances on hand to cover it. This gives OptimumBank a Texas Ratio of 190.33% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for OptimumBank decreased slightly from 252.83% as of December 31, 2011 to 190.33% as of December 31, 2012, resulting in a positive change of 24.72%.This indicates that the balance sheet and financial strength for OptimumBank has improved slightly in recent periods. Deposit Growth In the past year, OptimumBank has decreased its total deposits by -$6.86 million, resulting in -6.26% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth OptimumBank has shown is poor. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. OptimumBank has $143.82 million in assets with $14.72 million in equity, resulting in a capitalization level of 10.23%, which is above average.

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