Call reports 2013
OPTUM BANK, INC. — 2013
What OPTUM BANK, INC. reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 2,675,047,000 | 2,681,340,000 | 2,765,151,000 | 2,926,438,000 |
| Total loans | 249,261,000 | 302,543,000 | 313,465,000 | 307,595,000 |
| Allowance for loan losses | 2,750,000 | 3,260,000 | 3,356,000 | 3,407,000 |
| Securities available for sale | 2,141,716,000 | 2,159,450,000 | 2,200,823,000 | 2,244,418,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,981,349,000 | 2,043,302,000 | 2,095,155,000 | 2,168,349,000 |
| Interest-bearing deposits | 1,464,758,000 | 1,503,836,000 | 1,529,575,000 | 1,562,810,000 |
| Noninterest-bearing deposits | 516,590,000 | 539,466,000 | 565,580,000 | 605,539,000 |
| Equity capital | 321,496,000 | 306,508,000 | 323,779,000 | 281,461,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 17,946,000 | 36,587,000 | 55,918,000 | 75,178,000 |
| Interest expense | 1,511,000 | 2,649,000 | 3,831,000 | 5,058,000 |
| Net interest income | 16,435,000 | 33,938,000 | 52,087,000 | 70,120,000 |
| Noninterest income | 16,654,000 | 33,369,000 | 49,305,000 | 65,304,000 |
| Noninterest expense | 9,456,000 | 18,519,000 | 27,632,000 | 38,047,000 |
| Provision for loan losses | 282,000 | 792,000 | 888,000 | 939,000 |
| Pretax income | 24,470,000 | 49,369,000 | 76,983,000 | 102,233,000 |
| Income tax | 8,757,000 | 18,068,000 | 28,164,000 | 38,141,000 |
| Net income | 15,713,000 | 31,301,000 | 48,819,000 | 64,092,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 266,136,000 | 281,797,000 | 299,392,000 | 264,713,000 |
| Total capital | 268,886,000 | 285,057,000 | 302,748,000 | 268,120,000 |
| Risk-weighted assets | 1,834,108,000 | 2,047,983,000 | 2,099,164,000 | 2,148,667,000 |