Call reports 2023
OPTUM BANK, INC. — 2023
What OPTUM BANK, INC. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 16,022,148,000 | 15,825,000,000 | 15,984,000,000 | 16,395,000,000 |
| Total loans | 4,265,845,000 | 4,493,000,000 | 4,771,000,000 | 4,967,000,000 |
| Allowance for loan losses | 30,972,000 | 37,000,000 | 41,000,000 | 45,000,000 |
| Securities available for sale | 10,442,136,000 | 10,073,000,000 | 9,818,000,000 | 9,932,000,000 |
| Securities held to maturity | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,601,439,000 | 13,414,000,000 | 13,595,000,000 | 13,975,000,000 |
| Interest-bearing deposits | 11,529,836,000 | 11,421,000,000 | 11,539,000,000 | 11,779,000,000 |
| Noninterest-bearing deposits | 2,071,603,000 | 1,993,000,000 | 2,056,000,000 | 2,196,000,000 |
| Equity capital | 1,719,255,000 | 1,458,000,000 | 1,431,000,000 | 1,552,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 135,242,000 | 276,000,000 | 420,000,000 | 578,000,000 |
| Interest expense | 1,734,000 | 3,000,000 | 6,000,000 | 12,000,000 |
| Net interest income | 133,508,000 | 273,000,000 | 414,000,000 | 566,000,000 |
| Noninterest income | 59,388,000 | 117,000,000 | 171,000,000 | 223,000,000 |
| Noninterest expense | 58,671,000 | 113,000,000 | 167,000,000 | 220,000,000 |
| Provision for loan losses | 5,173,000 | 11,000,000 | 16,000,000 | 20,000,000 |
| Pretax income | 128,816,000 | 265,000,000 | 400,000,000 | 557,000,000 |
| Income tax | 29,981,000 | 62,000,000 | 93,000,000 | 131,000,000 |
| Net income | 98,835,000 | 203,000,000 | 307,000,000 | 426,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,197,353,000 | 2,005,000,000 | 2,114,000,000 | 1,938,000,000 |
| Total capital | 2,230,040,000 | 2,044,000,000 | 2,157,000,000 | 1,985,000,000 |
| Risk-weighted assets | 10,477,230,000 | 10,655,600,000 | 10,913,900,000 | 10,906,800,000 |