OptimumBank
Overview / Commentary
OptimumBank is headquartered in Plantation and is the 119th largest bank in the state of Florida. It is also the 4,336th largest bank in the nation. It was established in 2000 and as of December of 2017, it had grown to 17 employees at 3 locations. OptimumBank has a B+ health rating.
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Health
B+
Data as of Q4 2017
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. OptimumBank has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35430 |
| Year Established | 2000 |
| Employees | 17 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.07% |
| Return on Equity - YTD | 0.85% |
| Annual Interest Income | $4.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $95.7MM$119.5MM |
| Loans | Q4 2017vs Q4 2016 | $68.2MM$77.0MM |
| Deposits | Q4 2017vs Q4 2016 | $65.3MM$86.5MM |
| Equity Capital | Q4 2017vs Q4 2016 | $9.3MM$9.2MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $4.0MM$3.9MM |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $0$375.00K |
| Real Estate Owned | Q4 2017vs Q4 2016 | $0$0 |
Rates
Sorry, we do not have rate data for OptimumBank.
Locations
| OptimumBank Locations | ||
|---|---|---|
| Optimumbank | 10197 Cleary Boulevard | Plantation, FL 33324 |
| Shoppes Of Hillsboro Shopping Center Branch | 2215 West Hillsboro Boulevard | Deerfield Beach, FL 33442 |
| Galt Ocean Mile Branch | 2477 E. Commercial Blvd. | Fort Lauderdale, FL 33308 |