Call reports 2014
OPTUM BANK, INC. — 2014
What OPTUM BANK, INC. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 3,072,617,000 | 3,135,747,000 | 3,297,625,000 | 3,433,968,000 |
| Total loans | 317,474,000 | 337,253,000 | 359,956,000 | 369,377,000 |
| Allowance for loan losses | 3,910,000 | 3,941,000 | 3,981,000 | 4,197,000 |
| Securities available for sale | 2,522,001,000 | 2,575,588,000 | 2,571,038,000 | 2,595,385,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,417,446,000 | 2,447,967,000 | 2,505,335,000 | 2,568,556,000 |
| Interest-bearing deposits | 1,670,339,000 | 1,659,265,000 | 1,673,238,000 | 1,692,388,000 |
| Noninterest-bearing deposits | 747,107,000 | 788,703,000 | 832,097,000 | 876,169,000 |
| Equity capital | 304,323,000 | 332,680,000 | 337,707,000 | 355,541,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 19,541,000 | 39,997,000 | 60,521,000 | 82,209,000 |
| Interest expense | 1,266,000 | 2,161,000 | 3,058,000 | 3,968,000 |
| Net interest income | 18,275,000 | 37,836,000 | 57,463,000 | 78,241,000 |
| Noninterest income | 18,645,000 | 37,474,000 | 54,675,000 | 72,010,000 |
| Noninterest expense | 14,307,000 | 27,852,000 | 40,960,000 | 55,560,000 |
| Provision for loan losses | 538,000 | 738,000 | 776,000 | 988,000 |
| Pretax income | 24,702,000 | 50,496,000 | 77,404,000 | 102,379,000 |
| Income tax | 9,209,000 | 19,077,000 | 28,974,000 | 37,849,000 |
| Net income | 15,493,000 | 31,419,000 | 48,430,000 | 64,530,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 280,296,000 | 296,353,000 | 313,433,000 | 329,666,000 |
| Total capital | 284,206,000 | 300,294,000 | 317,414,000 | 333,863,000 |
| Risk-weighted assets | 2,331,877,000 | 2,362,606,000 | 2,398,955,000 | 2,470,367,000 |