Overview / Commentary
OptimumBank is headquartered in Fort Lauderdale and is the 66th largest bank in the state of Florida. It is also the 2,506th largest bank in the nation. It was established in 2000 and as of June of 2021, it had grown to 32 employees at 4 locations. OptimumBank has an A+ health rating.
Health
A+
Data as of Q2 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35430 |
| Year Established | 2000 |
| Employees | 32 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.93% |
| Return on Equity - YTD | 10.08% |
| Annual Interest Income | $4.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $294.0MM$180.6MM |
| Loans | Q2 2021vs Q2 2020 | $190.8MM$135.8MM |
| Deposits | Q2 2021vs Q2 2020 | $244.4MM$138.3MM |
| Equity Capital | Q2 2021vs Q2 2020 | $30.2MM$13.0MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $2.2MM$2.7MM |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $0$1.8MM |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |