FACTANKER · measured, cited, anchored official records connected

Call reports 2016

OPTUM BANK, INC. — 2016

What OPTUM BANK, INC. reported to the FFIEC in 2016, quarter by quarter.

PERIOD: 2016SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/1a8a0769-93ff-4cf7-9e29-ce3a4a3a7c45/2016

Balance sheet

What the bank holds and owes at quarter end

Measure2016Q12016Q22016Q32016Q4
Total assets5,041,701,0005,478,435,0005,672,290,0007,075,806,000
Total loans452,137,000462,270,000464,321,000498,876,000
Allowance for loan losses4,755,0004,988,0004,901,0005,294,000
Securities available for sale4,117,613,0004,169,138,0004,252,757,0004,933,919,000
Securities held to maturity6,257,0006,204,0006,150,0006,096,000
Trading assets0000
Total deposits4,169,943,0004,159,338,0004,261,878,0006,138,935,000
Interest-bearing deposits2,983,196,0002,935,627,0002,976,615,0004,449,078,000
Noninterest-bearing deposits1,186,747,0001,223,712,0001,285,263,0001,689,858,000
Equity capital482,103,000841,712,000863,208,000833,020,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2016Q12016Q22016Q32016Q4
Interest income27,180,00056,038,00085,483,000116,013,000
Interest expense1,533,0003,111,0004,733,0006,504,000
Net interest income25,647,00052,927,00080,750,000109,509,000
Noninterest income28,486,00059,645,00097,343,000135,722,000
Noninterest expense23,201,00049,639,00082,687,000119,126,000
Provision for loan losses56,000289,000377,000849,000
Pretax income31,012,00062,691,00095,982,000146,825,000
Income tax11,485,00023,226,00035,542,00052,889,000
Net income19,527,00039,465,00060,440,00093,936,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2016Q12016Q22016Q32016Q4
Tier 1 capital423,255,000519,060,000544,765,000577,895,000
Total capital428,010,000524,048,000549,666,000583,189,000
Risk-weighted assets3,005,505,0003,096,063,0003,213,348,0003,489,315,000