Call reports 2001
CUSTOMERS BANK — 2001
What CUSTOMERS BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 79,303,000 | 81,130,000 | 83,152,000 | 89,335,000 |
| Total loans | 56,241,000 | 58,093,000 | 64,222,000 | 68,544,000 |
| Allowance for loan losses | 493,000 | 507,000 | 574,000 | 812,000 |
| Securities available for sale | 15,156,000 | 13,714,000 | 10,696,000 | 10,416,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,600,000 | 72,202,000 | 77,201,000 | 83,689,000 |
| Interest-bearing deposits | 60,039,000 | 64,598,000 | 69,099,000 | 75,527,000 |
| Noninterest-bearing deposits | 6,561,000 | 7,604,000 | 8,102,000 | 8,162,000 |
| Equity capital | 5,485,000 | 5,469,000 | 5,492,000 | 5,296,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,465,000 | 2,861,000 | 4,325,000 | 5,707,000 |
| Interest expense | 964,000 | 1,913,000 | 2,822,000 | 3,639,000 |
| Net interest income | 501,000 | 948,000 | 1,503,000 | 2,068,000 |
| Noninterest income | 36,000 | 85,000 | 146,000 | 272,000 |
| Noninterest expense | 541,000 | 1,044,000 | 1,621,000 | 2,231,000 |
| Provision for loan losses | 36,000 | 51,000 | 118,000 | 356,000 |
| Pretax income | -34,000 | -19,000 | -17,000 | -140,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -34,000 | -19,000 | -17,000 | -140,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,378,000 | 5,386,000 | 5,400,000 | 5,277,000 |
| Total capital | 5,871,000 | 5,893,000 | 5,974,000 | 6,089,000 |
| Risk-weighted assets | 58,512,000 | 61,058,000 | 63,250,000 | 67,108,000 |