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
No
ID
Name
Address
Established
Service Type
Map
0
457015
Opportunity Bank, National Association
1301 East Campbell Road, Richardson, TX 75081
June 27, 2007
Full Service Brick and Mortar
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