Call reports 2007
OPTUM BANK, INC. — 2007
What OPTUM BANK, INC. reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 538,830,000 | 524,824,000 | 568,732,000 | 611,700,000 |
| Total loans | 105,000 | 43,000 | 51,000 | 66,000 |
| Allowance for loan losses | 43,000 | 36,000 | 42,000 | 66,000 |
| Securities available for sale | 389,537,000 | 444,569,000 | 473,671,000 | 503,396,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 373,807,000 | 403,034,000 | 426,635,000 | 455,165,000 |
| Interest-bearing deposits | 361,365,000 | 393,270,000 | 416,236,000 | 437,522,000 |
| Noninterest-bearing deposits | 12,442,000 | 9,764,000 | 10,399,000 | 17,643,000 |
| Equity capital | 37,795,000 | 47,986,000 | 54,502,000 | 62,985,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 5,890,000 | 12,861,000 | 20,488,000 | 28,346,000 |
| Interest expense | 2,373,000 | 5,110,000 | 8,011,000 | 11,062,000 |
| Net interest income | 3,517,000 | 7,751,000 | 12,477,000 | 17,284,000 |
| Noninterest income | 10,927,000 | 20,330,000 | 30,870,000 | 47,236,000 |
| Noninterest expense | 10,710,000 | 18,974,000 | 26,926,000 | 37,917,000 |
| Provision for loan losses | 19,000 | 11,000 | 18,000 | 41,000 |
| Pretax income | 3,715,000 | 9,096,000 | 16,318,000 | 25,719,000 |
| Income tax | 1,443,000 | 3,501,000 | 6,263,000 | 9,837,000 |
| Net income | 2,272,000 | 5,595,000 | 10,055,000 | 15,882,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,313,000 | 49,721,000 | 54,503,000 | 60,646,000 |
| Total capital | 36,356,000 | 49,757,000 | 54,545,000 | 60,712,000 |
| Risk-weighted assets | 300,097,000 | 334,421,000 | 363,115,000 | 372,153,000 |