Call reports 2011
CUSTOMERS BANK — 2011
What CUSTOMERS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,607,546,000 | 1,694,179,000 | 1,862,889,000 | 2,077,532,000 |
| Total loans | 874,322,000 | 901,815,000 | 1,218,015,000 | 1,516,393,000 |
| Allowance for loan losses | 17,298,000 | 13,946,000 | 14,025,000 | 15,032,000 |
| Securities available for sale | 201,195,000 | 251,255,000 | 155,971,000 | 79,137,000 |
| Securities held to maturity | 396,847,000 | 381,818,000 | 361,256,000 | 319,547,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,389,340,000 | 1,406,208,000 | 1,594,767,000 | 1,587,917,000 |
| Interest-bearing deposits | 1,310,734,000 | 1,324,606,000 | 1,470,813,000 | 1,469,145,000 |
| Noninterest-bearing deposits | 78,606,000 | 81,602,000 | 123,954,000 | 118,772,000 |
| Equity capital | 119,235,000 | 123,378,000 | 136,779,000 | 142,749,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 11,839,000 | 26,536,000 | 41,945,000 | 61,438,000 |
| Interest expense | 5,555,000 | 11,345,000 | 17,041,000 | 22,463,000 |
| Net interest income | 6,284,000 | 15,191,000 | 24,904,000 | 38,975,000 |
| Noninterest income | 3,236,000 | 5,616,000 | 7,525,000 | 10,868,000 |
| Noninterest expense | 9,149,000 | 17,318,000 | 26,182,000 | 37,255,000 |
| Provision for loan losses | 2,800,000 | 5,650,000 | 6,550,000 | 9,450,000 |
| Pretax income | -2,429,000 | -2,161,000 | 1,110,000 | 5,869,000 |
| Income tax | -753,000 | -630,000 | 300,000 | 1,835,000 |
| Net income | -1,676,000 | -1,531,000 | 810,000 | 4,034,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 121,041,000 | 121,361,000 | 129,143,000 | 136,870,000 |
| Total capital | 131,746,000 | 131,989,000 | 143,884,000 | 152,755,000 |
| Risk-weighted assets | 752,549,000 | 749,681,000 | 1,082,753,000 | 1,416,826,000 |