Optum Bank, Inc.
Salt Lake City, UT — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Optum Bank, Inc. | All Insured Commercial Banks in Utah |
Interest and Fees on Loans | 18,137 | 144,231 |
Income from Lease Financing Receivables | 211 | 818 |
— | 4 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 18,348 | 146,912 |
Investment Interest Income (TE) | 94,622 | 15,631 |
Total Interest Income (TE) | 116,126 | 170,509 |
Total Interest Expense | 6,504 | 9,414 |
Net Interest Income (TE) | 109,622 | 157,917 |
Non-Interest Income | 135,722 | 37,042 |
Adjusted Operating Income (TE) | 245,344 | 194,902 |
Non-interest Expense | 119,126 | 58,470 |
Provision for Loan & Lease Losses | 849 | 8,897 |
Pretax Operating Income (TE) | 125,369 | 98,475 |
Pretax Net Operating Income (TE) | 146,938 | 99,300 |
Applicable Income Taxes | 52,889 | 34,978 |
Net Operating Income | 93,936 | 63,063 |
Net Income | 93,936 | 63,059 |
Cash Dividends Declared | — | 20,004 |
Retained Earnings | 93,936 | 29,291 |