Optima Bank & Trust Company in Portsmouth, New Hampshire (NH)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Optima Bank & Trust Company in Portsmouth, New Hampshire (NH)
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Optima Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 58699
    Status: Active
    Federal Reserve ID: 3689385
    Date Established: January 29, 2008
    WWW: http://www.optimabank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 463186
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 29, 2008
    Last Structure Change Effective Date: January 02, 2012
    Last Structure Change Process Date: January 25, 2012
    Last Data Update: January 25, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: Two Harbour Place, Portsmouth, NH 3802
    County: Rockingham
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Concord
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Portsmouth-Rochester, NH-ME (#6450)
    Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Boston-Cambridge-Quincy, MA-NH (#14460)
    CBSA Metro Statistical Area: Boston-Cambridge-Quincy, MA-NH (#14460)
    Core Based Statistical Division: Rockingham County-Strafford County, NH (#40484)
  • Financial Summary
  • Total assets: $193.5 mil
    Equity capital: $16.3 mil
    Deposits held in domestic offices: $171.7 mil
    Return on assets (ROA): 0.57% ($1.1 mil)
    Quarterly return on assets: 0.66% ($1.3 mil)
    Return on Equity (ROE): 6.43% ($1.0 mil)
    Quarterly return on equity: 7.81% ($1.2 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.82% ($1,586.9 mil)
    Quarterly Pretax return on assets: 0.79% ($1,528.8 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
  • 31Total employees (full-time equivalent)
  • $193,525Total assets
  • $13,802Cash and due from depository institutions
  • $13,194Interest-bearing balances
  • $33,215Securities
  • $220Federal funds sold & reverse repurchase agreements
  • $141,747Net loans & leases
  • $1,314Loan loss allowance
  • $0Trading account assets
  • $2,088Bank premises and fixed assets
  • $361Other real estate owned
  • $0Goodwill and other intangibles
  • $193,525Life insurance assets
  • $2,092All other assets
  • $177,271Total liabilities and capital
  • $171,708Total liabilities
  • $163,544Total deposits
  • $171,708Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 5231.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $332Subordinated debt
  • $16,254All other liabilities
  • $16,254Total equity capital
  • $16,254Total bank equity capital
  • $0Perpetual preferred stock
  • $1,673Common stock
  • $16,546Surplus
  • $-1,965Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,556Income earned, not collected on loans
  • $0Earning assets
  • $570Long-term assets (5+ years)
  • $188,376Average Assets, year-to-date
  • $115,233Average Assets, quarterly
  • $175,101Volatile liabilities
  • $189,668Insider loans
  • $108,102FHLB advances
  • $187,867Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,990Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,145Restructured Loans and leases
  • $1,480Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,805Total interest income
  • $1,568Total interest expense
  • $6,237Net interest income
  • $985Provision for loan and lease losses
  • $252Total noninterest income
  • $0Fiduciary activities
  • $141Service charges on deposit accounts
  • $0Trading account gains & fees
  • $111Additional noninterest income
  • $4,479Total noninterest expense
  • $2,222Salaries and employee benefits
  • $852Premises and equipment expense
  • $1,405Additional noninterest expense
  • $1,025Pre-tax net operating income
  • $413Securities gains (losses)
  • $436Applicable income taxes
  • $1,002Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,002Net income attributable to bank
  • $0Net charge-offs
  • $1,002Cash dividends
  • $673Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.58%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 3.66%Net interest margin
  • 0.15%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • 0.41%Net operating income to assets
  • 0.57%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 6.43%Return on equity (ROE)
  • 6.43%Retained earnings to average equity (YTD only)
  • 0.53%Net charge-offs to loans
  • 146.36%Credit loss provision to net charge-offs
  • 2.99%Efficiency ratio
  • 69,025Assets per employee
  • 6.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.92%Loss allowance to noncurrent loans
  • 51.41%Noncurrent assets plus other real estate owned to assets
  • 1.51%Noncurrent loans to loans
  • 1.79%Net loans and leases to deposits
  • 82.55%Net loans and leases to core deposits
  • 102.18%Equity capital to assets
  • 8.40%Core capital (leverage) ratio
  • 8.51%Tier 1 risk-based capital ratio
  • 14.79%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $175,101Average earning assets
  • $15,587Average equity
  • $170,457Average loans

List of branches

  • 3 New Hampshire Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0463186Optima Bank & Trust CompanyTwo Harbour Place, Portsmouth, NH 3802January 29, 2008Full Service Brick and Mortar
    1496122North Hampton Branch26 Lafayette Road, North Hampton, NH 3862November 02, 2009Full Service Brick and Mortar
    2522160Stratham Branch17 Portsmouth Avenue, Stratham, NH 3885July 18, 2011Full Service Brick and Mortar

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