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



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OptumHealth Bank, Inc. routing number info

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OptumHealth Bank, Inc.
GeneralFDIC 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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)80
Total assets$1,884,190
Cash and due from depository institutions$234,172
Interest-bearing balances$231,669
Securities$1,525,747
Federal funds sold & reverse repurchase agreements$1,540
Net loans & leases$101,519
Loan loss allowance $1,042
Trading account assets$0
Bank premises and fixed assets$369
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$20,843
Life insurance assets$1,884,190
Total liabilities and capital$1,645,513
Total liabilities$1,394,916
Total deposits$1,103,471
Interest-bearing deposits$1,394,916
Deposits held in domestic offices$100
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $250,597
All other liabilities $238,677
Total equity capital$238,677
Total bank equity capital$238,677
Perpetual preferred stock$0
Common stock$1
Surplus$37,004
Undivided profits $201,672
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $13,476
Average Assets, year-to-date $1,860,475
Average Assets, quarterly $760,045
Volatile liabilities $1,712,196
Insider loans $1,846,643
FHLB advances $1,247,838
Loans and leases held for sale $1,941,888
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $196,059
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4,249
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $60,557
Total interest expense $8,788
Net interest income $51,769
Provision for loan and lease losses $722
Total noninterest income $45,499
Fiduciary activities $0
Service charges on deposit accounts $20,076
Trading account gains & fees $0
Additional noninterest income $25,423
Total noninterest expense $31,617
Salaries and employee benefits $7,547
Premises and equipment expense $292
Additional noninterest expense $23,778
Pre-tax net operating income $64,929
Securities gains (losses) $259
Applicable income taxes $23,753
Income before extraordinary items $41,435
Extraordinary gains - net $0
Net income attributable to bank $41,435
Net charge-offs $0
Cash dividends $41,435
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.58%
Cost of funding earning assets 0.52%
Net interest margin 3.06%
Noninterest income to earning assets 2.69%
Noninterest expense to earning assets 1.87%
Net operating income to assets 2.41%
Return on assets (ROA) 2.42%
Pretax return on assets 3.81%
Return on equity (ROE) 19.51%
Retained earnings to average equity (YTD only) 19.51%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$32,505
Cash dividends to net income (YTD only)23.55%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.02%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 7.28%
Equity capital to assets 7.28%
Core capital (leverage) ratio 12.67%
Tier 1 risk-based capital ratio 10.10%
Total risk-based capital ratio 15.71%
Memoranda
Average assets$16
Average earning assets$1,712,196
Average equity $212,398
Average loans $1,689,784
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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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