Call reports 2002
CUSTOMERS BANK — 2002
What CUSTOMERS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 90,461,000 | 93,469,000 | 99,425,000 | 101,435,000 |
| Total loans | 71,042,000 | 73,772,000 | 78,359,000 | 83,869,000 |
| Allowance for loan losses | 864,000 | 893,000 | 939,000 | 1,013,000 |
| Securities available for sale | 10,862,000 | 13,781,000 | 13,134,000 | 12,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,813,000 | 86,595,000 | 90,300,000 | 90,170,000 |
| Interest-bearing deposits | 75,973,000 | 78,511,000 | 81,448,000 | 80,692,000 |
| Noninterest-bearing deposits | 7,840,000 | 8,084,000 | 8,852,000 | 9,478,000 |
| Equity capital | 5,299,000 | 5,488,000 | 7,637,000 | 7,774,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,411,000 | 2,852,000 | 4,384,000 | 5,938,000 |
| Interest expense | 709,000 | 1,384,000 | 2,049,000 | 2,698,000 |
| Net interest income | 702,000 | 1,468,000 | 2,335,000 | 3,240,000 |
| Noninterest income | 48,000 | 109,000 | 176,000 | 246,000 |
| Noninterest expense | 666,000 | 1,363,000 | 2,093,000 | 2,860,000 |
| Provision for loan losses | 52,000 | 81,000 | 127,000 | 201,000 |
| Pretax income | 32,000 | 133,000 | 291,000 | 425,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 32,000 | 133,000 | 291,000 | 425,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,309,000 | 5,410,000 | 7,515,000 | 7,649,000 |
| Total capital | 6,168,000 | 6,295,000 | 8,445,000 | 8,623,000 |
| Risk-weighted assets | 68,727,000 | 70,789,000 | 74,421,000 | 77,901,000 |