Call reports 2004
CUSTOMERS BANK — 2004
What CUSTOMERS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 123,810,000 | 133,774,000 | 140,395,000 | 150,839,000 |
| Total loans | 106,636,000 | 107,733,000 | 111,651,000 | 117,053,000 |
| Allowance for loan losses | 1,312,000 | 1,342,000 | 1,295,000 | 1,376,000 |
| Securities available for sale | 11,442,000 | 12,196,000 | 14,661,000 | 17,162,000 |
| Securities held to maturity | 0 | 4,821,000 | 4,794,000 | 4,761,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,348,000 | 110,704,000 | 117,460,000 | 116,301,000 |
| Interest-bearing deposits | 93,914,000 | 96,018,000 | 102,770,000 | 101,771,000 |
| Noninterest-bearing deposits | 12,434,000 | 14,686,000 | 14,690,000 | 14,530,000 |
| Equity capital | 8,899,000 | 9,537,000 | 10,259,000 | 10,494,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,674,000 | 3,322,000 | 5,138,000 | 7,092,000 |
| Interest expense | 556,000 | 1,119,000 | 1,792,000 | 2,506,000 |
| Net interest income | 1,118,000 | 2,203,000 | 3,346,000 | 4,586,000 |
| Noninterest income | 86,000 | 175,000 | 265,000 | 345,000 |
| Noninterest expense | 962,000 | 1,944,000 | 2,978,000 | 3,930,000 |
| Provision for loan losses | 62,000 | 93,000 | 125,000 | 275,000 |
| Pretax income | 180,000 | 371,000 | 538,000 | 803,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 180,000 | 371,000 | 538,000 | 803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,745,000 | 9,601,000 | 10,168,000 | 10,483,000 |
| Total capital | 9,996,000 | 12,899,000 | 13,463,000 | 13,859,000 |
| Risk-weighted assets | 99,989,000 | 103,810,000 | 109,496,000 | 111,855,000 |