B of I Holding Inc. in San Diego has filed a shelf registration to raise up to $125 million of capital.

The $1.3 billion-asset company, which operates Bank of Internet USA, said in a press release Wednesday that it could issue debt securities, common and preferred stock and warrants from time to time, but that it had "no definitive plans" to do so immediately.

Greg Garrabrants, the company's president and chief executive officer, said in the release that it wanted to be ready to take advantage of buying opportunities that might arise. Garrabrants said he would discuss in more detail on its next quarterly conference call what opportunities the company would consider most enticing.

Bank of Internet USA swung to a $5.1 million profit in the third quarter from a $1.4 million loss in last year's third quarter, according to data from the Federal Deposit Insurance Corp. It had a ratio of noncurrent loans to total loans of 1.30% at Sept. 30, up 67 basis points year over year.

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