Call reports 2010
OPTUM BANK, INC. — 2010
What OPTUM BANK, INC. reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,368,437,000 | 1,441,321,000 | 1,432,373,000 | 1,500,820,000 |
| Total loans | 84,000 | 143,000 | 112,000 | 26,988,000 |
| Allowance for loan losses | 84,000 | 107,000 | 49,000 | 320,000 |
| Securities available for sale | 1,114,061,000 | 1,167,338,000 | 1,216,081,000 | 1,216,268,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 970,085,000 | 999,936,000 | 1,040,954,000 | 1,085,268,000 |
| Interest-bearing deposits | 959,156,000 | 988,513,000 | 1,022,749,000 | 900,352,000 |
| Noninterest-bearing deposits | 10,929,000 | 11,424,000 | 18,205,000 | 184,916,000 |
| Equity capital | 155,468,000 | 171,979,000 | 191,317,000 | 187,981,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 11,576,000 | 23,969,000 | 36,574,000 | 48,914,000 |
| Interest expense | 2,380,000 | 5,055,000 | 7,915,000 | 10,897,000 |
| Net interest income | 9,196,000 | 18,914,000 | 28,659,000 | 38,017,000 |
| Noninterest income | 17,727,000 | 33,078,000 | 48,981,000 | 74,610,000 |
| Noninterest expense | 10,251,000 | 20,262,000 | 31,639,000 | 50,216,000 |
| Provision for loan losses | 9,000 | 32,000 | 0 | 241,000 |
| Pretax income | 17,071,000 | 32,608,000 | 47,071,000 | 63,238,000 |
| Income tax | 6,431,000 | 12,176,000 | 17,614,000 | 24,187,000 |
| Net income | 10,640,000 | 20,432,000 | 29,457,000 | 39,051,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,718,000 | 135,566,000 | 144,645,000 | 154,298,000 |
| Total capital | 125,802,000 | 135,673,000 | 144,694,000 | 154,618,000 |
| Risk-weighted assets | 721,065,000 | 781,433,000 | 875,339,000 | 960,403,000 |