Call reports 2009
CUSTOMERS BANK — 2009
What CUSTOMERS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 265,089,000 | 266,480,000 | 280,195,000 | 349,760,000 |
| Total loans | 226,286,000 | 224,262,000 | 216,922,000 | 230,298,000 |
| Allowance for loan losses | 2,984,000 | 9,934,000 | 8,545,000 | 10,032,000 |
| Securities available for sale | 22,497,000 | 21,193,000 | 37,063,000 | 44,588,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,187,000 | 229,902,000 | 241,819,000 | 313,927,000 |
| Interest-bearing deposits | 210,730,000 | 211,798,000 | 224,745,000 | 295,424,000 |
| Noninterest-bearing deposits | 18,457,000 | 18,104,000 | 17,074,000 | 18,503,000 |
| Equity capital | 16,741,000 | 21,058,000 | 23,894,000 | 21,503,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,223,000 | 6,413,000 | 9,903,000 | 13,486,000 |
| Interest expense | 1,709,000 | 3,255,000 | 4,723,000 | 6,336,000 |
| Net interest income | 1,514,000 | 3,158,000 | 5,180,000 | 7,150,000 |
| Noninterest income | 232,000 | 115,000 | 213,000 | 473,000 |
| Noninterest expense | 1,816,000 | 3,819,000 | 6,395,000 | 9,301,000 |
| Provision for loan losses | 130,000 | 8,130,000 | 9,130,000 | 11,778,000 |
| Pretax income | -32,000 | -8,522,000 | -9,925,000 | -13,235,000 |
| Income tax | 0 | 0 | 388,000 | 0 |
| Net income | -32,000 | -8,522,000 | -10,313,000 | -13,235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,063,000 | 21,208,000 | 23,932,000 | 21,537,000 |
| Total capital | 22,783,000 | 26,949,000 | 28,627,000 | 25,958,000 |
| Risk-weighted assets | 217,370,000 | 212,048,000 | 209,769,000 | 218,452,000 |