Call reports 2008
CUSTOMERS BANK — 2008
What CUSTOMERS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 269,340,000 | 273,446,000 | 276,051,000 | 274,039,000 |
| Total loans | 216,311,000 | 222,670,000 | 224,357,000 | 223,752,000 |
| Allowance for loan losses | 2,534,000 | 2,574,000 | 2,748,000 | 2,876,000 |
| Securities available for sale | 36,284,000 | 33,835,000 | 31,456,000 | 30,268,000 |
| Securities held to maturity | 2,434,000 | 2,383,000 | 2,260,000 | 2,235,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 216,795,000 | 213,097,000 | 228,210,000 | 237,842,000 |
| Interest-bearing deposits | 197,632,000 | 186,934,000 | 204,522,000 | 217,268,000 |
| Noninterest-bearing deposits | 19,163,000 | 26,163,000 | 23,688,000 | 20,574,000 |
| Equity capital | 16,809,000 | 16,648,000 | 15,725,000 | 16,849,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,113,000 | 7,985,000 | 11,837,000 | 15,482,000 |
| Interest expense | 2,400,000 | 4,317,000 | 6,166,000 | 8,138,000 |
| Net interest income | 1,713,000 | 3,668,000 | 5,671,000 | 7,344,000 |
| Noninterest income | 224,000 | 467,000 | 604,000 | 851,000 |
| Noninterest expense | 1,858,000 | 3,717,000 | 5,758,000 | 7,555,000 |
| Provision for loan losses | 84,000 | 224,000 | 449,000 | 611,000 |
| Pretax income | 1,000 | 205,000 | -400,000 | -1,251,000 |
| Income tax | 0 | 24,000 | -110,000 | -426,000 |
| Net income | 1,000 | 181,000 | -290,000 | -825,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,887,000 | 17,065,000 | 16,666,000 | 17,105,000 |
| Total capital | 22,421,000 | 22,639,000 | 22,414,000 | 22,825,000 |
| Risk-weighted assets | 211,721,000 | 218,671,000 | 220,836,000 | 217,434,000 |