Call reports 2008
OPTUM BANK, INC. — 2008
What OPTUM BANK, INC. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 736,192,000 | 771,194,000 | 824,858,000 | 940,677,000 |
| Total loans | 98,000 | 123,000 | 135,000 | 130,000 |
| Allowance for loan losses | 98,000 | 123,000 | 135,000 | 130,000 |
| Securities available for sale | 696,595,000 | 714,820,000 | 729,183,000 | 794,267,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 559,420,000 | 590,872,000 | 617,456,000 | 667,073,000 |
| Interest-bearing deposits | 552,811,000 | 583,656,000 | 609,742,000 | 645,951,000 |
| Noninterest-bearing deposits | 6,609,000 | 7,216,000 | 7,715,000 | 21,122,000 |
| Equity capital | 68,279,000 | 67,836,000 | 62,000,000 | 65,879,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 8,504,000 | 17,181,000 | 26,273,000 | 35,943,000 |
| Interest expense | 3,074,000 | 6,126,000 | 9,356,000 | 12,312,000 |
| Net interest income | 5,430,000 | 11,055,000 | 16,917,000 | 23,631,000 |
| Noninterest income | 14,747,000 | 26,308,000 | 37,424,000 | 59,475,000 |
| Noninterest expense | 10,530,000 | 19,732,000 | 27,269,000 | 43,278,000 |
| Provision for loan losses | 33,000 | 58,000 | 70,000 | 65,000 |
| Pretax income | 8,696,000 | 16,851,000 | 18,392,000 | 30,916,000 |
| Income tax | 3,338,000 | 6,457,000 | 6,649,000 | 11,390,000 |
| Net income | 5,358,000 | 10,394,000 | 11,743,000 | 19,526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,891,000 | 70,960,000 | 73,689,000 | 81,485,000 |
| Total capital | 65,989,000 | 71,083,000 | 73,824,000 | 81,615,000 |
| Risk-weighted assets | 467,872,000 | 471,655,000 | 509,971,000 | 577,647,000 |