OptimumBank
Overview / Commentary
OptimumBank is headquartered in Plantation and is the 109th largest bank in the state of Florida. It is also the 4,340th largest bank in the nation. It was established in 2000 and as of June of 2018, it had grown to 18 employees at 3 locations. OptimumBank has a B+ health rating.
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Health
B+
Data as of Q2 2018
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 | 18 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 4.56% |
| Return on Equity - YTD | 41.83% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $90.6MM$112.6MM |
| Loans | Q2 2018vs Q2 2017 | $71.1MM$69.3MM |
| Deposits | Q2 2018vs Q2 2017 | $52.2MM$82.4MM |
| Equity Capital | Q2 2018vs Q2 2017 | $11.3MM$9.3MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $1.9MM$3.9MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $0$0 |
| Real Estate Owned | Q2 2018vs Q2 2017 | $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 |