Opportunity Bank, National Association in Richardson, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Opportunity Bank, National Association in Richardson, Texas (TX)
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Opportunity Bank, National Association - Overview

  • General
  • FDIC Certificate #: 58567
    Status: Active
    Federal Reserve ID: 3579936
    Bank Holding Company (Regulatory Top Holder): Opportunity Bancshares, Inc. (RSSDID: 3579945, Location: Richardson, TX)
    Date Established: June 27, 2007
    WWW: http://www.oppbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 457015
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 27, 2007
    Last Structure Change Effective Date: December 17, 2009
    Last Structure Change Process Date: January 06, 2010
    Last Data Update: January 06, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1301 East Campbell Road, Richardson, TX 75081
    County: Dallas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • Financial Summary
  • Total assets: $51.9 mil
    Equity capital: $8.2 mil
    Deposits held in domestic offices: $43.2 mil
    Return on assets (ROA): -1.24% (-$0.6 mil)
    Quarterly return on assets: 1.27% ($0.7 mil)
    Return on Equity (ROE): -8.15% (-$0.7 mil)
    Quarterly return on equity: 8.10% ($0.6 mil)
    Net income: -$0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: -1.24% (-$642.9 mil)
    Quarterly Pretax return on assets: 1.27% ($658.5 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $51,850Total assets
  • $13,585Cash and due from depository institutions
  • $9,906Interest-bearing balances
  • $826Securities
  • $1,647Federal funds sold & reverse repurchase agreements
  • $30,298Net loans & leases
  • $513Loan loss allowance
  • $0Trading account assets
  • $3,467Bank premises and fixed assets
  • $193Other real estate owned
  • $750Goodwill and other intangibles
  • $51,850Life insurance assets
  • $1,084All other assets
  • $43,629Total liabilities and capital
  • $43,154Total liabilities
  • $28,432Total deposits
  • $43,154Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $475Subordinated debt
  • $8,221All other liabilities
  • $8,221Total equity capital
  • $8,221Total bank equity capital
  • $0Perpetual preferred stock
  • $8,000Common stock
  • $9,750Surplus
  • $-9,529Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $529Income earned, not collected on loans
  • $0Earning assets
  • $168Long-term assets (5+ years)
  • $42,677Average Assets, year-to-date
  • $394Average Assets, quarterly
  • $55,186Volatile liabilities
  • $51,958Insider loans
  • $30,824FHLB advances
  • $51,894Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,464Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,359Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,035Total interest income
  • $470Total interest expense
  • $2,565Net interest income
  • $106Provision for loan and lease losses
  • $395Total noninterest income
  • $0Fiduciary activities
  • $63Service charges on deposit accounts
  • $0Trading account gains & fees
  • $332Additional noninterest income
  • $3,543Total noninterest expense
  • $1,818Salaries and employee benefits
  • $336Premises and equipment expense
  • $1,389Additional noninterest expense
  • -$689Pre-tax net operating income
  • $2Securities gains (losses)
  • $0Applicable income taxes
  • -$687Income before extraordinary items
  • $0Extraordinary gains - net
  • -$687Net income attributable to bank
  • $0Net charge-offs
  • -$687Cash dividends
  • $15Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.45%Yield on earning assets
  • 1.00%Cost of funding earning assets
  • 5.45%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 7.53%Noninterest expense to earning assets
  • -1.25%Net operating income to assets
  • -1.24%Return on assets (ROA)
  • -1.24%Pretax return on assets
  • -8.15%Return on equity (ROE)
  • -8.15%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 706.67%Credit loss provision to net charge-offs
  • -38.87%Efficiency ratio
  • 119,696Assets per employee
  • 2.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.66%Loss allowance to noncurrent loans
  • 96.98%Noncurrent assets plus other real estate owned to assets
  • 1.39%Noncurrent loans to loans
  • 1.72%Net loans and leases to deposits
  • 70.21%Net loans and leases to core deposits
  • 82.76%Equity capital to assets
  • 15.86%Core capital (leverage) ratio
  • 14.38%Tier 1 risk-based capital ratio
  • 24.21%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $55,186Average earning assets
  • $8,429Average equity
  • $47,043Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0457015Opportunity Bank, National Association1301 East Campbell Road, Richardson, TX 75081June 27, 2007Full Service Brick and Mortar

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