OptumHealth Bank, Inc. in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • OptumHealth Bank, Inc. in Salt Lake City, Utah (UT)
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OptumHealth Bank, Inc. - Overview

  • General
  • FDIC Certificate #: 57408
    Status: Active
    Federal Reserve ID: 3202702
    Date Established: July 21, 2003
    WWW: http://www.optumhealthbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 363231
    Numeric code: 23
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization > 1 Billion
    Date of Deposit Insurance: July 21, 2003
    Last Structure Change Effective Date: August 07, 2008
    Last Structure Change Process Date: August 07, 2008
    Last Data Update: August 07, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2525 Lake Park Boulevard, Suite 110, Salt Lake City, UT 84120
    County: Salt Lake
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Salt Lake City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160)
    Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482)
    Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620)
    CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
  • Financial Summary
  • Total assets: $1,884.2 mil
    Equity capital: $238.7 mil
    Deposits held in domestic offices: $1,394.9 mil
    Return on assets (ROA): 2.42% ($45.6 mil)
    Quarterly return on assets: 2.45% ($46.2 mil)
    Return on Equity (ROE): 19.51% ($46.6 mil)
    Quarterly return on equity: 19.50% ($46.6 mil)
    Net income: $41.4 mil
    Quarterly Net income: $11.3 mil
    Pretax return on assets: 3.81% ($71,787.6 mil)
    Quarterly Pretax return on assets: 3.62% ($68,207.7 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 80Total employees (full-time equivalent)
  • $1,884,190Total assets
  • $234,172Cash and due from depository institutions
  • $231,669Interest-bearing balances
  • $1,525,747Securities
  • $1,540Federal funds sold & reverse repurchase agreements
  • $101,519Net loans & leases
  • $1,042Loan loss allowance
  • $0Trading account assets
  • $369Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $1,884,190Life insurance assets
  • $20,843All other assets
  • $1,645,513Total liabilities and capital
  • $1,394,916Total liabilities
  • $1,103,471Total deposits
  • $1,394,916Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $250,597Subordinated debt
  • $238,677All other liabilities
  • $238,677Total equity capital
  • $238,677Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $37,004Surplus
  • $201,672Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $13,476Long-term assets (5+ years)
  • $1,860,475Average Assets, year-to-date
  • $760,045Average Assets, quarterly
  • $1,712,196Volatile liabilities
  • $1,846,643Insider loans
  • $1,247,838FHLB advances
  • $1,941,888Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $196,059Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,249Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $60,557Total interest income
  • $8,788Total interest expense
  • $51,769Net interest income
  • $722Provision for loan and lease losses
  • $45,499Total noninterest income
  • $0Fiduciary activities
  • $20,076Service charges on deposit accounts
  • $0Trading account gains & fees
  • $25,423Additional noninterest income
  • $31,617Total noninterest expense
  • $7,547Salaries and employee benefits
  • $292Premises and equipment expense
  • $23,778Additional noninterest expense
  • $64,929Pre-tax net operating income
  • $259Securities gains (losses)
  • $23,753Applicable income taxes
  • $41,435Income before extraordinary items
  • $0Extraordinary gains - net
  • $41,435Net income attributable to bank
  • $0Net charge-offs
  • $41,435Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.58%Yield on earning assets
  • 0.52%Cost of funding earning assets
  • 3.06%Net interest margin
  • 2.69%Noninterest income to earning assets
  • 1.87%Noninterest expense to earning assets
  • 2.41%Net operating income to assets
  • 2.42%Return on assets (ROA)
  • 3.81%Pretax return on assets
  • 19.51%Return on equity (ROE)
  • 19.51%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 32,505Assets per employee
  • 23.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 7.28%Net loans and leases to core deposits
  • 7.28%Equity capital to assets
  • 12.67%Core capital (leverage) ratio
  • 10.10%Tier 1 risk-based capital ratio
  • 15.71%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $1,712,196Average earning assets
  • $212,398Average equity
  • $1,689,784Average loans

List of branches

  • 1 Utah Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0363231Optumhealth Bank, Inc.2525 Lake Park Boulevard, Suite 110, Salt Lake City, UT 84120July 21, 2003Full Service Brick and Mortar

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