Call reports 2007
CUSTOMERS BANK — 2007
What CUSTOMERS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 251,782,000 | 260,449,000 | 267,839,000 | 272,035,000 |
| Total loans | 195,229,000 | 205,597,000 | 213,109,000 | 214,568,000 |
| Allowance for loan losses | 2,176,000 | 2,356,000 | 2,440,000 | 2,460,000 |
| Securities available for sale | 42,667,000 | 39,216,000 | 38,707,000 | 37,921,000 |
| Securities held to maturity | 2,782,000 | 2,747,000 | 2,505,000 | 2,467,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,238,000 | 208,361,000 | 218,105,000 | 220,371,000 |
| Interest-bearing deposits | 171,515,000 | 189,731,000 | 198,731,000 | 198,675,000 |
| Noninterest-bearing deposits | 16,723,000 | 18,630,000 | 19,374,000 | 21,696,000 |
| Equity capital | 16,384,000 | 16,264,000 | 16,500,000 | 16,830,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,128,000 | 8,511,000 | 13,116,000 | 17,659,000 |
| Interest expense | 2,422,000 | 5,087,000 | 7,882,000 | 10,593,000 |
| Net interest income | 1,706,000 | 3,424,000 | 5,234,000 | 7,066,000 |
| Noninterest income | 117,000 | 319,000 | 525,000 | 750,000 |
| Noninterest expense | 1,565,000 | 3,146,000 | 4,900,000 | 6,908,000 |
| Provision for loan losses | 151,000 | 331,000 | 414,000 | 444,000 |
| Pretax income | 107,000 | 266,000 | 445,000 | 70,000 |
| Income tax | 25,000 | 71,000 | 109,000 | -160,000 |
| Net income | 82,000 | 195,000 | 336,000 | 230,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,509,000 | 16,916,000 | 17,038,000 | 16,900,000 |
| Total capital | 20,687,000 | 21,272,000 | 21,478,000 | 22,360,000 |
| Risk-weighted assets | 191,428,000 | 202,340,000 | 211,801,000 | 210,465,000 |