Call reports 2003
CUSTOMERS BANK — 2003
What CUSTOMERS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 104,289,000 | 110,078,000 | 111,992,000 | 122,503,000 |
| Total loans | 86,975,000 | 91,579,000 | 93,661,000 | 100,830,000 |
| Allowance for loan losses | 1,096,000 | 1,111,000 | 1,167,000 | 1,250,000 |
| Securities available for sale | 10,847,000 | 9,869,000 | 11,234,000 | 11,813,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,442,000 | 96,458,000 | 95,095,000 | 100,904,000 |
| Interest-bearing deposits | 83,329,000 | 85,700,000 | 84,848,000 | 88,247,000 |
| Noninterest-bearing deposits | 10,113,000 | 10,758,000 | 10,247,000 | 12,657,000 |
| Equity capital | 7,894,000 | 8,119,000 | 8,386,000 | 8,660,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,530,000 | 3,093,000 | 4,699,000 | 6,323,000 |
| Interest expense | 584,000 | 1,168,000 | 1,713,000 | 2,248,000 |
| Net interest income | 946,000 | 1,925,000 | 2,986,000 | 4,075,000 |
| Noninterest income | 65,000 | 150,000 | 239,000 | 326,000 |
| Noninterest expense | 804,000 | 1,670,000 | 2,555,000 | 3,438,000 |
| Provision for loan losses | 83,000 | 117,000 | 181,000 | 280,000 |
| Pretax income | 152,000 | 316,000 | 517,000 | 703,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 152,000 | 316,000 | 517,000 | 703,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,801,000 | 7,965,000 | 8,328,000 | 8,565,000 |
| Total capital | 8,820,000 | 9,030,000 | 9,407,000 | 9,746,000 |
| Risk-weighted assets | 81,415,000 | 85,114,000 | 86,270,000 | 94,376,000 |