Call reports 2021
OPTUM BANK, INC. — 2021
What OPTUM BANK, INC. reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 14,449,435,000 | 14,445,969,000 | 14,624,612,000 | 14,893,589,000 |
| Total loans | 2,257,848,000 | 2,631,451,000 | 2,878,518,000 | 3,196,604,000 |
| Allowance for loan losses | 22,169,000 | 23,963,000 | 24,358,000 | 24,390,000 |
| Securities available for sale | 10,864,888,000 | 10,739,203,000 | 10,749,621,000 | 10,864,652,000 |
| Securities held to maturity | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,407,355,000 | 11,587,935,000 | 11,766,053,000 | 11,764,175,000 |
| Interest-bearing deposits | 9,276,934,000 | 9,373,883,000 | 9,426,939,000 | 9,528,937,000 |
| Noninterest-bearing deposits | 2,130,421,000 | 2,214,052,000 | 2,339,114,000 | 2,235,238,000 |
| Equity capital | 1,935,218,000 | 2,039,568,000 | 2,070,231,000 | 2,056,938,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 71,084,000 | 140,991,000 | 213,032,000 | 289,402,000 |
| Interest expense | 856,000 | 1,908,000 | 3,033,000 | 4,253,000 |
| Net interest income | 70,228,000 | 139,083,000 | 209,999,000 | 285,149,000 |
| Noninterest income | 62,692,000 | 115,461,000 | 167,448,000 | 219,422,000 |
| Noninterest expense | 39,096,000 | 77,847,000 | 119,243,000 | 167,751,000 |
| Provision for loan losses | 1,379,000 | 3,166,000 | 3,653,000 | 3,713,000 |
| Pretax income | 91,934,000 | 177,221,000 | 269,621,000 | 357,810,000 |
| Income tax | 21,519,000 | 41,186,000 | 63,502,000 | 84,457,000 |
| Net income | 70,415,000 | 136,035,000 | 206,119,000 | 273,353,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,556,090,000 | 1,626,125,000 | 1,700,612,000 | 1,772,465,000 |
| Total capital | 1,579,675,000 | 1,651,422,000 | 1,726,527,000 | 1,798,517,000 |
| Risk-weighted assets | 7,720,788,000 | 8,040,205,000 | 8,648,707,000 | 9,023,375,000 |