# OPUS BANK
IRVINE, CA · FDIC certificate 33806 · asset band $1-10B · latest filing 2020-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $8.38B | |
| Deposits | $6.71B | |
| Loans and leases | $5.99B | |
| Total equity | $1.01B | |
| Loans / deposits | 88.47% (p48 of band) | 89.07% |
| Liquid assets / assets | 21.35% (p53 of band) | |
| Uninsured deposits / deposits | 51.35% (p90 of band) | 27.79% |
| Brokered deposits | 2.47% | |
| Wholesale funding | 7.84% (p55 of band) | |
| FHLB advances / assets | 5.37% | |
| Tier 1 leverage | 9.64% (p32 of band) | 10.26% |
| Unrealized securities loss / equity | 0.52% (p35 of band) | 1.40% |
| AOCI / equity | -0.24% (p24 of band) | |
| ROA (annualized) | -4.14% (p1 of band) | 0.87% |
| Net interest margin | 2.76% (p13 of band) | 3.51% |
| Efficiency ratio | 64.22% (p50 of band) | |
| Noncurrent loans | 0.10% (p10 of band) | 0.53% |
| Net charge-offs (annualized) | -0.03% (p6 of band) | |
| Reserve coverage of noncurrent | 891.69% | |
| Real estate % of loans | 85% | |
| Construction % of loans | 4.89% (p7 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p38 of band) | |
| Deposits YoY | 10.4% | |
| Employees | 726 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, expense ratio p90, NIM <2.5% |  |
| 2011-06 | 5 | wholesale funding >15%, reserve under noncurrent |  |
| 2011-09 | 5 | capital falling | wholesale funding >15% |
| 2011-12 | 3 |  | NIM <2.5%, capital falling |
| 2012-03 | 1 |  | losing money, expense ratio p90 |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 2 | loans exceed deposits |  |
| 2013-03 | 3 | capital falling |  |
| 2013-06 | 1 |  | reserve under noncurrent, capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | liquid assets <10% |  |
| 2014-06 | 1 |  | liquid assets <10% |
| 2014-09 | 1 |  |  |
| 2014-12 | 3 | liquid assets <10%, capital falling |  |
| 2015-03 | 1 |  | loans exceed deposits, liquid assets <10% |
| 2015-06 | 2 | loans exceed deposits |  |
| 2015-09 | 4 | uninsured deposits >50%, run vulnerability |  |
| 2015-12 | 5 | liquid assets <10% |  |
| 2016-03 | 5 |  |  |
| 2016-06 | 5 | reserve under noncurrent | loans exceed deposits |
| 2016-09 | 4 | charge-offs p90 | liquid assets <10%, reserve under noncurrent |
| 2016-12 | 3 |  | run vulnerability |
| 2017-03 | 2 |  | capital falling |
| 2017-06 | 1 |  | uninsured deposits >50% |
| 2017-09 | 2 | deposits shrinking |  |
| 2017-12 | 3 | assets shrinking |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 1 |  | deposits shrinking, assets shrinking |
| 2018-12 | 1 |  |  |
| 2019-03 | 0 |  | charge-offs p90 |
| 2019-06 | 2 | uninsured deposits >50%, run vulnerability |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | capital falling, losing money | run vulnerability |

## In the news (Google News, unfiltered, newest first; check the city)

- 2020-06-09 [Former Opus chief leads group behind proposed California bank - American Banker](https://news.google.com/rss/articles/CBMingFBVV95cUxPS21NdlRTaHh6NlB0RS1tbXp2QkZfSFlMR1h3U1Z5VGMxam1RQ2s4U3FpYjF0T0FJVkI5WTVQUmVJRmRNQUVNVnZWams0SWlZQXJqc0dVOEtIUF9CLTI5WkxNMEh6clZWM1Vmbmt6LWV4d2ZueDM2cTFJTVozSTJKTFprX1M3UGZVRkdEaXlHUHlZb2VFVklRM2syNjVjQQ?oc=5) · American Banker
- 2020-06-01 [M&A Update: Pacific Premier Acquires Opus Bank - Banking Exchange](https://news.google.com/rss/articles/CBMingFBVV95cUxOb2RXejc5MDVLYkJXRDZmOS05UnVlc2ZjdEllaUxmMktxZlVxR21CVTN2OW1ubUpaWDA1bnE5c19xSGlMa3M5Wnd5bDJ2ODlqMkFvNzVTVEF2eXFNQWtaTUVOMnFMU0NyMzJBbjlENnFzdVZNQ1UyaDZkbllTVG50ZDdfUTNjcWN4bWcxbXFGZmhDNThNdjhQdTJ3c2ZwQQ?oc=5) · Banking Exchange
- 2020-02-05 [Pacific Premier Bancorp to acquire Opus Bank in $1 billion deal - Orange County Register](https://news.google.com/rss/articles/CBMiowFBVV95cUxPdExUa01IQjBHMWZSUmY2b2EzLU1UX1NmRHMzZUtjejhEbE16ZzBQOFBSUjUtVzJjdHBJYnhPVlRNNUZya3ktWVNSNXloV0lnR3hfNkxlS29ydDVxM1RPSzdyblJPZlJsZzFpM0lySEpobng3WEF5czRLQldrSVExNmxpNkZZMC1FRnJIeHlFZ0FlWWJmQWxVQWVyYWdvczhSQm9R?oc=5) · Orange County Register
- 2019-05-19 [JIM HANEY - Los Angeles Business Journal](https://news.google.com/rss/articles/CBMiWEFVX3lxTE1jaFZFR0daajVBaFZwMzRCVTlKVndIcHc5TUkyM3Azek1kbnF3emtRU2RFRGJpZERVNktMd0xvX2pWbGppVk9Cb2tFMG9sdWliZG0tT1BMLW4?oc=5) · Los Angeles Business Journal
- 2011-06-02 [News Brief: Opus Bank to Open in CDM - Patch](https://news.google.com/rss/articles/CBMigwFBVV95cUxQazF6RFV4aFVVc0lTdk9SMmozS0xPV2hROTRKbFJCQnNmdzU5YnFwdEE4Q1B5TS1BbzVRRVZ1SV9qanRxWm4tMnI0NGl1MzVVMVRuR0h3U0lIUEZKM3dEZVJBZWpTa2J2R3RHVWp4Q0Q5VEVscHhPUDNsbE4weVpzdU14Yw?oc=5) · Patch
- 2018-11-27 [Opus in California parts ways with its founder - American Banker](https://news.google.com/rss/articles/CBMiigFBVV95cUxNelVUcHhpUldMTHd0ZklVVDh1eGxSak9uZzFfT1diMWlPNV9jWW5DT1dhUlBsald5X3pqWXE2NnM1RGlfSk9FQTVRd3p0R3phUElTUzkxVHUyTXZvOElhZm5sTDJBT2ZhZmYtNVllUVk4TUc2X3dwY2dqWmc0cW13SUwxYllZQmQzWnc?oc=5) · American Banker
- 2018-03-05 [Klay Thompson Partners With Opus Bank To Share His Solid Foundation With Fans - Forbes](https://news.google.com/rss/articles/CBMiygFBVV95cUxPMkJHa2pGclRidDBYT2F3OUNoa1FsUDYyWGg1YkJNTW9xQTRQeWU1LXRkRC00THlIZ2RUZGRVVUR4Ym84dmZodHg5U3FIemlNOGkzNVdCNHhCbTdQTzlIaGFaYmg2QUEtOHVhc1RLMTI5Uzk4SnlWSHRYSThPYS1pb3hmRDJCbHJjT0x6QjJIVXNtcEhOdjJieVhob1ViTXFGSF9WbEdmWnBZOW5BN3VCcFVUMUxoVHB2TmEwdS1DZ0xYYTRFN1FxUWpn?oc=5) · Forbes
- 2018-07-27 [It Doesn’t Always Pay to Sue Your Employer - CDF Labor Law LLP](https://news.google.com/rss/articles/CBMif0FVX3lxTE42YlpVOGhCMnBwWHhubXV1NVUyTGpGQmt3SUlkT2FmU1A1cUtqOGE2anNpM0FuRlVQRmlMZUZ1YW40YXlVUHFsWHZUTXh5OGdaX0ZTSVdlQTlncm40WVdBLUl1VDJRQldWMGY1VlhfLUh3VUE5cjI1OUJ6UFNsV2s?oc=5) · CDF Labor Law LLP

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=33806 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/14.json (key "33806", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide