Call reports 2016
CUSTOMERS BANK — 2016
What CUSTOMERS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 9,016,155,000 | 9,660,163,000 | 9,574,277,000 | 9,356,731,000 |
| Total loans | 7,876,595,000 | 8,416,397,000 | 8,419,703,000 | 8,272,148,000 |
| Allowance for loan losses | 37,605,000 | 38,097,000 | 37,897,000 | 37,315,000 |
| Securities available for sale | 538,707,000 | 531,242,000 | 514,161,000 | 478,228,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 15,324,000 | 19,492,000 | 18,789,000 | 10,864,000 |
| Total deposits | 6,511,555,000 | 6,806,494,000 | 7,502,260,000 | 7,359,827,000 |
| Interest-bearing deposits | 5,699,047,000 | 6,001,695,000 | 6,308,000,000 | 6,337,718,000 |
| Noninterest-bearing deposits | 812,508,000 | 804,799,000 | 1,194,260,000 | 1,022,109,000 |
| Equity capital | 633,024,000 | 701,371,000 | 792,233,000 | 868,538,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 73,398,000 | 154,718,000 | 238,930,000 | 322,539,000 |
| Interest expense | 14,308,000 | 31,007,000 | 49,172,000 | 67,170,000 |
| Net interest income | 59,090,000 | 123,711,000 | 189,758,000 | 255,369,000 |
| Noninterest income | 6,261,000 | 15,526,000 | 42,810,000 | 32,029,000 |
| Noninterest expense | 33,251,000 | 70,961,000 | 125,710,000 | 128,218,000 |
| Provision for loan losses | 1,980,000 | 2,766,000 | 2,854,000 | 2,345,000 |
| Pretax income | 30,146,000 | 65,536,000 | 104,030,000 | 156,861,000 |
| Income tax | 10,560,000 | 24,762,000 | 40,371,000 | 55,373,000 |
| Net income | 19,586,000 | 40,774,000 | 63,659,000 | 92,483,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 631,569,000 | 684,682,000 | 772,484,000 | 857,421,000 |
| Total capital | 777,883,000 | 831,513,000 | 919,234,000 | 1,003,609,000 |
| Risk-weighted assets | 7,172,461,000 | 7,731,470,000 | 7,747,218,000 | 7,375,080,000 |