Optus Bank
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Data as of · sourced from FFIEC call reports. How we update
Optus Bank is an FDIC-insured commercial bank headquartered in Columbia, SC, established in 1999 (FDIC certificate 35241), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $764.2M, up 6.9% from Q2 2025, the 17th largest of 43 banks headquartered in South Carolina. Its CET1 capital ratio was 19.52% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 35241
- Headquarters
- Columbia, SC
- Established
- 1999
- Total assets, Q2 2026
- $764.2M
- Assets vs Q2 2025
- +6.9%
- CET1 ratio, Q2 2026
- 19.52%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 053905877
- Holding company
- OPTUS FINANCIAL CORPORATION
- Asset rank in state
- 17th of 43 in South Carolina
Problem loans are rising at Optus Bank. Based in Columbia, South Carolina, it had $764 million in assets at June 30, 2026, up 6.9% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.90% of loans from 0.18% a year earlier. It keeps 2.50 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). It also pays an average of 2.92% on its deposits and borrowings, higher than about 9 in 10 banks its size (median 1.80%).
Earnings fell sharply: quarterly net income of $1.1 million was 48% below a year earlier. Over the same year, loans grew 17.3% and deposits grew 2.8%. Profitability lags: it returns 4.6% a year on shareholders' equity, about a third the median of 12.5% for banks its size.
As of June 30, 2026, Optus Bank reported a CET1 capital ratio of 19.52%, a return on assets of 0.59%, a nonperforming-loan ratio of 0.94% and a Texas ratio of 4.57%. The figures come from its call report filed with the FFIEC.
Of the 43 banks headquartered in South Carolina, Optus Bank is the 17th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 2.7% to $764.2M, loans fell 1.8% and deposits fell 2.2%. Owner-occupied commercial real estate loans made up 32.9% of its total loans on June 30, 2026, its largest category; next came commercial and industrial loans at 32.2%. The FDIC Summary of Deposits lists 2 offices for it, in Columbia, SC. By the capital ratios in its Q2 2026 call report, Optus Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 1501 Gervais St, Columbia, SC 29201
- County
- Richland
- Metro Area
- Columbia, SC
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- March 26, 1999
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 46
- Domestic deposits
- $646.4M
- Allowance for credit losses
- $2.4M
- Net charge-offs (YTD)
- $70K
- Average total assets
- $759.9M
- Average total loans
- $459.9M
- Average interest-bearing deposits
- $610.2M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- March 26, 1999
- FDIC Cert
- 35241
- Fed RSSD
- 2794732
- Website
- www.optus.bank →
- Parent Holding Company
- OPTUS FINANCIAL CORPORATION (RSSD 3334489)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Optus Bank's total assets ran between $473.0M (Q3 2023) and $785.2M (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$764.2M total assets against $715.0M; $666.0M total liabilities against $633.7M.
$453.6M net loans and leases against $386.6M; $646.4M total deposits against $628.9M.
$132.9M securities against $132.4M; $104.4M cash and balances due against $125.6M.
$9.5M total interest income against $10.1M; $4.8M total interest expense against $4.7M.
$4.7M net interest income against $5.5M.
$268K total noninterest income against $286K; $3.4M total noninterest expense against $2.7M.
$75K provision for credit losses against $289K.
$1.1M net income against $2.2M.
0.59% return on assets against 1.26%; 2.50% net interest margin against 3.22%.
19.52% CET1 capital ratio against 18.63%; 12.99% tier 1 leverage ratio against 12.01%.
Inside the full Optus Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeOptus Bank rankings
Its closest position to the top of a national ranking is 366 of 2,134, for CET1 ratio; its furthest is 3,138 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.59% (Q2 2026) to 1.56% (Q4 2024) and its net interest margin ran from 2.50% (Q2 2026) to 3.25% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 19.52% | 0.59% | 0.94% | 4.57% | 2.50% |
| Q1 2026 | 18.68% | 1.31% | 3.68% | 15.27% | 2.92% |
| Q4 2025 | 18.81% | 1.27% | 4.54% | 15.03% | 3.02% |
| Q3 2025 | 20.28% | 1.09% | 2.54% | 5.20% | 3.25% |
| Q2 2025 | 18.63% | 1.26% | 2.96% | 1.83% | 3.22% |
| Q1 2025 | 19.35% | 0.85% | 0.72% | 1.31% | 2.83% |
| Q4 2024 | 18.57% | 1.56% | 1.22% | 1.41% | 3.12% |
| Q3 2024 | 19.41% | 0.97% | 0.37% | 1.29% | 3.08% |
Swipe the table sideways to see every column.
Branch Network
View all 2 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Columbia Branch | Columbia , SC | 29201 | $587.4M |
| Optus Bank (main office) | Columbia , SC | 29201 | $59.1M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| March 29, 1999 | Merger | Participated in FDIC Assisted Merger | FDIC |
| March 27, 1999 | M&A | Acquired Victory State Bank failure_government_assistance_provided for the acquired bank | SEC |
| March 27, 1999 | Structure Change | Acquired Victory State Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 3 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.5% of deposits in SC, rank 32 of 73 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $2.2M approved, $2.2M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2023 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Optus Bank
What are Optus Bank's total assets?
As of the Q2 2026 filing, Optus Bank reported total assets of $764.2 million in its FFIEC call report.
Where is Optus Bank headquartered?
It is headquartered in Columbia, SC, United States.
When was Optus Bank founded?
It was established in 1999, per the FDIC institution directory.
Is Optus Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #35241). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Optus Bank?
Optus Bank's primary federal regulator is the FDIC.
What is Optus Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 19.52% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Optus Bank operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Optus Bank's Texas Ratio?
Its Texas Ratio is 4.57% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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