# OPTUS BANK
COLUMBIA, SC · FDIC certificate 35241 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (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 | $764.2M | |
| Deposits | $646.4M | |
| Loans and leases | $455.9M | |
| Total equity | $98.2M | |
| Loans / deposits | 70.16% (p26 of band) | 82.04% |
| Liquid assets / assets | 38.48% (p80 of band) | |
| Uninsured deposits / deposits | 18.75% (p24 of band) | 25.97% |
| Brokered deposits | 46.57% | |
| Wholesale funding | 48.55% (p100 of band) | |
| FHLB advances / assets | 1.98% | |
| Tier 1 leverage | 12.99% (p79 of band) | 10.81% |
| Unrealized securities loss / equity | -0.67% (p88 of band) | -8.10% |
| AOCI / equity | -1.63% (p11 of band) | |
| ROA (annualized) | 0.95% (p29 of band) | 1.28% |
| Net interest margin | 2.71% (p5 of band) | 3.91% |
| Efficiency ratio | 55.79% (p33 of band) | |
| Noncurrent loans | 0.94% (p71 of band) | 0.43% |
| Net charge-offs (annualized) | 0.02% (p63 of band) | |
| Reserve coverage of noncurrent | 55.62% | |
| Real estate % of loans | 63% | |
| Construction % of loans | 54.46% (p60 of band) | |
| Auto loans | $159,000 (0.03% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 2.8% | |
| Employees | 46 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **reserve under noncurrent** (`aq_reserve`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | leverage <7%, losing money, expense ratio p90, noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 6 | charge-offs p90 |  |
| 2011-09 | 9 | leverage <5%, capital falling |  |
| 2011-12 | 9 |  |  |
| 2012-03 | 7 |  | expense ratio p90, charge-offs p90 |
| 2012-06 | 10 | expense ratio p90, charge-offs p90, construction >100% equity |  |
| 2012-09 | 9 |  | expense ratio p90 |
| 2012-12 | 11 | expense ratio p90, uninsured deposits leaving |  |
| 2013-03 | 10 | deposits shrinking, assets shrinking | capital falling, construction >100% equity, expense ratio p90 |
| 2013-06 | 9 |  | uninsured deposits leaving |
| 2013-09 | 9 | uninsured deposits leaving | charge-offs p90 |
| 2013-12 | 11 | expense ratio p90, charge-offs p90 |  |
| 2014-03 | 11 |  |  |
| 2014-06 | 11 | capital falling | charge-offs p90 |
| 2014-09 | 9 |  | uninsured deposits leaving, capital falling |
| 2014-12 | 8 | charge-offs p90 | leverage <5% |
| 2015-03 | 8 |  |  |
| 2015-06 | 8 |  |  |
| 2015-09 | 8 |  |  |
| 2015-12 | 7 |  | leverage <7% |
| 2016-03 | 6 |  | charge-offs p90 |
| 2016-06 | 7 | charge-offs p90 |  |
| 2016-09 | 7 |  |  |
| 2016-12 | 5 |  | deposits shrinking, assets shrinking |
| 2017-03 | 5 | brokered >10% | charge-offs p90 |
| 2017-06 | 7 | charge-offs p90, deposits shrinking |  |
| 2017-09 | 8 | assets shrinking |  |
| 2017-12 | 5 |  | brokered >10%, deposits shrinking, assets shrinking |
| 2018-03 | 5 | capital falling | charge-offs p90 |
| 2018-06 | 6 | charge-offs p90 |  |
| 2018-09 | 4 |  | capital falling, charge-offs p90 |
| 2018-12 | 3 |  | losing money |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 | capital falling | noncurrent p90 |
| 2019-09 | 2 |  | expense ratio p90 |
| 2019-12 | 1 |  | capital falling |
| 2020-03 | 3 | expense ratio p90, noncurrent p90 |  |
| 2020-06 | 2 | wholesale funding >15% | expense ratio p90, noncurrent p90 |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 2 |  | capital falling |
| 2021-03 | 1 |  | wholesale funding >15% |
| 2021-06 | 4 | uninsured deposits >50%, NIM <2.5%, noncurrent p90 |  |
| 2021-09 | 2 |  | uninsured deposits >50%, noncurrent p90 |
| 2021-12 | 3 | noncurrent p90 |  |
| 2022-03 | 2 |  | noncurrent p90 |
| 2022-06 | 3 | noncurrent p90 |  |
| 2022-09 | 4 | uninsured deposits >50% |  |
| 2022-12 | 1 |  | NIM <2.5%, noncurrent p90, uninsured deposits >50% |
| 2023-03 | 2 | charge-offs p90 |  |
| 2023-06 | 3 | capital falling |  |
| 2023-09 | 7 | brokered >10%, wholesale funding >15%, noncurrent p90, uninsured deposits leaving |  |
| 2023-12 | 4 |  | charge-offs p90, noncurrent p90, uninsured deposits leaving |
| 2024-03 | 5 | uninsured deposits leaving |  |
| 2024-06 | 3 |  | reserve under noncurrent, uninsured deposits leaving |
| 2024-09 | 3 |  |  |
| 2024-12 | 4 | reserve under noncurrent |  |
| 2025-03 | 4 |  |  |
| 2025-06 | 5 | noncurrent p90 |  |
| 2025-09 | 4 |  | capital falling |
| 2025-12 | 4 |  |  |
| 2026-03 | 4 |  |  |
| 2026-06 | 4 | uninsured deposits leaving | noncurrent p90 |

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

- 2026-07-23 [Black-owned banks Optus, M&F to merge - Banking Dive](https://news.google.com/rss/articles/CBMipgFBVV95cUxOajVUay1mS0t5clBVRUtUMHF1VGh4SDlYb0JyRWNpX2ZRczJxYks1eDNZdTBnNjB3NVdjWjdESVR0UEZQRmpGMUdvblBCZUNha2t4M3Etc1ZYejFydTVaYi03N1FoMUdoVzVIZGFlWVA4TEpfYXRkSThaVDJTb1BkbmxyQ3ExTVVwTWhLNTkyMjVtUFZ2Nm5Xbm1MY1AtUFdhYkZ6M2Rn?oc=5) · Banking Dive
- 2026-07-23 [Optus Bank and M&F Bank announce merger that would create nation’s largest Black-owned bank - WIS News 10](https://news.google.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?oc=5) · WIS News 10
- 2026-07-22 [A pillar of Durham's Black Wall Street will get a new name after merger - axios.com](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQbFAzYWdzb0JsNWt6QjlCLUJrZWFiYjA3cVBRbVBILTNrN1BQekRrczBuVUg3R0VUS0ZJS3p0OHVUcmxNN3N6Uk5Ddm5PaE02RzR6VU5EUl9TUjF1NW9uNkFraXhEcUoyZ2hHdGd2TnZob0R3dUd4MEZwYTlESFplMk1VQ05wUnFlRkUtZHFzZmU2YXR4ZENjVGlDV1U5bXluWDA2azBHaHFVcE9DU2FEVkdwZHRQMGJ3ZURxcjI3aDdidw?oc=5) · axios.com
- 2026-07-24 [Black-owned Columbia bank announces merger, creating billion-dollar company - The State](https://news.google.com/rss/articles/CBMibEFVX3lxTE5ZbmNIa1ZzSDloYjhUVHJURUpnMWtCb2V1OEMxa1Z5U0dfZ3VobDJLYURJQWJzVWNiY0tvd2xlbDdRZnY4TWFMTkFZNDdmdnZCb3ZKVU9qQndYTFU2TWpoRXJtQnpxbFNxUE5CeNIBbEFVX3lxTE9PMExQNXJiNW95ZWRhTjU1Mi1WR0F3eGJSYkg2QjRwakwyc2lLZ3BZYWw1TENsa1hER1Q3Nmt5VUEwT08yQkMtUXdqUkdQb0ZQNzRaTWNXTnlFVlEyMmpuXzZUcEVJclE2YkFmUQ?oc=5) · The State
- 2025-12-25 [Optus Bank: Banking on Communities for 104 Years - Columbia Metropolitan Magazine](https://news.google.com/rss/articles/CBMinAFBVV95cUxPODRPdHBSeHNQS09ST3RGM2F1c1pWbjZwVkVPTlpGZ0FIZ0QxcFFWeDlrMHQtYWdVcDVoWTJ1bVdMenNpa1hrSEpRRkJ4cWxKWFY1ZmkzTDBvSUNzQmpROUJjVzRoZUgyblAzSjRFbVV0V001QlBENTl0ajVfZFRwYnlFOGNObXJ3N211ODhieS1CYUxhb1l4V3J5YUg?oc=5) · Columbia Metropolitan Magazine
- 2026-07-29 [After SC’s first Black-owned bank merges with another from NC, where will headquarters be? - Post and Courier](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNV0NqNUVGV1VFbjdXeFdyZ1hyOGQ2aV9MSVNNbzA1Q3h6dUw4UHRsdllUQUF4T3VSNVcwc3F6RWhxMkM3T2R2QUl5eGNzb1pXc1N3VnRYajBwNERvMWlHV09iQTNiME1FbU5UbG5TM1hfaVZmZWVWZ0xWY25nSnFILTYwekZHRWdvRXNKQnZxMmdlVHE0Q2syb1Q3Yjk3WnZrT0hxdW5TOUJIOGNpa2F2VFlvYXBVUDVYUnU0ek9FaFpFbXlDZFhHNm9FV2cyTW1UcDJmOVZUdnJ0LWc?oc=5) · Post and Courier
- 2026-07-28 [Two historic Black-owned banks plan merger to create the nation's largest Black-owned bank - thegrio.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxQOUI0eEFZQ0Q4TUZ0VUNIWTBFekNWRFpMSE5Sd2dOOGRRQ0Zwbl9VaTEzblRrenZ3c1dreHJmcWtsVWw4VlhEY0U2VUxKSldxY3loRllHN3BUNmRLZDFEQ1N2eWpJSEh2QklCeEVDVGgyclRJSzhJRFpkdExxZ0FiMDVKOA?oc=5) · thegrio.com
- 2026-07-23 [After 119 years, Durham’s Black-owned bank to be sold and renamed in merger - Raleigh News & Observer](https://news.google.com/rss/articles/CBMickFVX3lxTE1MOHNpemdIRXNFTFh1QjJYU2hMbm16S1RWRFREWWJQb2s5X2h4VmJVYjNlTHdCMjNGaFJGcDlCVjNPUXBXRGFTVUlYOHhiaW1aQWJpNW04czAxcTJ6Z1ZfUElDakxkSmREZ2hUcUdLcmhkZ9IBckFVX3lxTFBuR0xtS3ZPS0FRNzZTdUxLVFNBTTZNLURBeHNWZGpmRnhxR0txQUg0OEJBMjAyb0pQUXdyQ0prbkV2U2dzNEhtSzRqcUphRWkybklyWnZYcFJTUHNzZlhlVmJqMlNoZXUwUGYxOVBJcHZaUQ?oc=5) · Raleigh News &amp; Observer

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35241 (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/41.json (key "35241", 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.

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