Call reports 2011
OPTUM BANK, INC. — 2011
What OPTUM BANK, INC. reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,646,114,000 | 1,720,758,000 | 1,809,096,000 | 1,885,125,000 |
| Total loans | 27,703,000 | 34,624,000 | 65,738,000 | 102,560,000 |
| Allowance for loan losses | 319,000 | 370,000 | 676,000 | 1,042,000 |
| Securities available for sale | 1,420,218,000 | 1,412,345,000 | 1,454,542,000 | 1,525,747,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,252,454,000 | 1,293,857,000 | 1,322,587,000 | 1,394,916,000 |
| Interest-bearing deposits | 1,074,394,000 | 1,044,461,000 | 1,072,489,000 | 1,103,471,000 |
| Noninterest-bearing deposits | 178,060,000 | 249,396,000 | 250,098,000 | 291,445,000 |
| Equity capital | 195,603,000 | 214,212,000 | 225,517,000 | 238,677,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 13,291,000 | 28,483,000 | 44,169,000 | 60,557,000 |
| Interest expense | 2,808,000 | 4,908,000 | 7,095,000 | 8,788,000 |
| Net interest income | 10,483,000 | 23,575,000 | 37,074,000 | 51,769,000 |
| Noninterest income | 11,369,000 | 22,568,000 | 34,116,000 | 45,499,000 |
| Noninterest expense | 7,395,000 | 14,607,000 | 22,526,000 | 31,644,000 |
| Provision for loan losses | -1,000 | 50,000 | 357,000 | 722,000 |
| Pretax income | 14,498,000 | 31,536,000 | 48,453,000 | 65,161,000 |
| Income tax | 5,533,000 | 11,971,000 | 18,333,000 | 23,726,000 |
| Net income | 8,965,000 | 19,565,000 | 30,120,000 | 41,435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 163,337,000 | 174,018,000 | 184,658,000 | 196,059,000 |
| Total capital | 163,656,000 | 174,388,000 | 185,334,000 | 197,101,000 |
| Risk-weighted assets | 1,082,195,000 | 1,094,572,000 | 1,150,187,000 | 1,248,772,000 |