Opus Bank reported unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported net interest income of $50,804,000 compared to $51,693,000 a year ago. Total noninterest income was $11,100,000 compared to $13,309,000 a year ago. Net income was $10,861,000 compared to $12,904,000 a year ago. Basic earnings per common share were $0.29 compared to $0.34 a year ago. Diluted earnings per common share were $0.28 compared to $0.34 a year ago.

For the quarter, the company reported charge-offs of $383,000 compared to $14,155,000 a year ago.