Call reports 2020
OPTUM BANK, INC. — 2020
What OPTUM BANK, INC. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 11,110,236,000 | 11,798,901,000 | 12,560,547,000 | 13,440,870,000 |
| Total loans | 1,502,542,000 | 1,610,112,000 | 1,720,695,000 | 2,045,415,000 |
| Allowance for loan losses | 16,521,000 | 19,489,000 | 19,742,000 | 20,811,000 |
| Securities available for sale | 8,636,955,000 | 8,865,500,000 | 9,251,166,000 | 9,725,881,000 |
| Securities held to maturity | 5,109,000 | 5,000,000 | 5,000,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,037,636,000 | 9,331,527,000 | 9,534,991,000 | 10,717,541,000 |
| Interest-bearing deposits | 7,156,090,000 | 7,341,013,000 | 7,513,198,000 | 8,542,846,000 |
| Noninterest-bearing deposits | 1,881,546,000 | 1,990,514,000 | 2,021,793,000 | 2,174,695,000 |
| Equity capital | 1,594,717,000 | 1,853,355,000 | 1,938,233,000 | 2,010,514,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 78,680,000 | 148,859,000 | 215,169,000 | 284,373,000 |
| Interest expense | 3,784,000 | 5,043,000 | 5,327,000 | 5,778,000 |
| Net interest income | 74,896,000 | 143,816,000 | 209,842,000 | 278,595,000 |
| Noninterest income | 52,773,000 | 96,917,000 | 143,602,000 | 191,752,000 |
| Noninterest expense | 37,671,000 | 73,716,000 | 110,019,000 | 149,632,000 |
| Provision for loan losses | 1,250,000 | 4,265,000 | 5,803,000 | 6,946,000 |
| Pretax income | 88,872,000 | 170,768,000 | 261,294,000 | 353,114,000 |
| Income tax | 20,944,000 | 40,079,000 | 61,326,000 | 81,986,000 |
| Net income | 67,928,000 | 130,689,000 | 199,968,000 | 271,128,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,264,628,000 | 1,331,870,000 | 1,405,619,000 | 1,481,156,000 |
| Total capital | 1,281,584,000 | 1,351,780,000 | 1,426,186,000 | 1,503,108,000 |
| Risk-weighted assets | 5,564,986,000 | 5,839,939,000 | 6,111,665,000 | 6,644,407,000 |