Overview / Commentary
OptimumBank is headquartered in Fort Lauderdale and is the 62nd largest bank in the state of Florida. It is also the 2,266th largest bank in the nation. It was established in 2000 and as of December of 2021, it had grown to 38 employees at 3 locations. OptimumBank has an A+ health rating.
Health
A+
Data as of Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35430 |
| Year Established | 2000 |
| Employees | 38 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.85% |
| Return on Equity - YTD | 19.15% |
| Annual Interest Income | $10.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $350.0MM$234.9MM |
| Loans | Q4 2021vs Q4 2020 | $247.9MM$152.5MM |
| Deposits | Q4 2021vs Q4 2020 | $293.1MM$191.0MM |
| Equity Capital | Q4 2021vs Q4 2020 | $36.4MM$19.2MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $3.1MM$1.9MM |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $0$2.2MM |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |