Call reports 2017
CUSTOMERS BANK — 2017
What CUSTOMERS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 9,888,672,000 | 10,864,677,000 | 10,465,654,000 | 9,833,136,000 |
| Total loans | 8,283,991,000 | 8,980,304,000 | 9,174,631,000 | 8,707,743,000 |
| Allowance for loan losses | 39,883,000 | 38,458,000 | 38,314,000 | 38,015,000 |
| Securities available for sale | 1,003,757,000 | 1,001,944,000 | 582,512,000 | 468,019,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 10,765,000 | 10,559,000 | 10,092,000 | 8,936,000 |
| Total deposits | 7,403,107,000 | 7,538,543,000 | 7,666,450,000 | 6,868,375,000 |
| Interest-bearing deposits | 6,125,793,000 | 6,366,124,000 | 6,169,771,000 | 5,748,027,000 |
| Noninterest-bearing deposits | 1,277,314,000 | 1,172,419,000 | 1,496,679,000 | 1,120,348,000 |
| Equity capital | 887,347,000 | 1,016,664,000 | 1,024,575,000 | 1,036,525,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 83,094,000 | 176,948,000 | 275,232,000 | 372,849,000 |
| Interest expense | 19,206,000 | 42,967,000 | 70,726,000 | 97,524,000 |
| Net interest income | 63,888,000 | 133,981,000 | 204,506,000 | 275,325,000 |
| Noninterest income | 7,477,000 | 14,245,000 | 63,827,000 | 83,549,000 |
| Noninterest expense | 29,985,000 | 60,234,000 | 159,739,000 | 214,343,000 |
| Provision for loan losses | 3,050,000 | 3,585,000 | 5,937,000 | 6,768,000 |
| Pretax income | 38,330,000 | 87,590,000 | 111,189,000 | 146,563,000 |
| Income tax | 11,976,000 | 29,351,000 | 36,762,000 | 48,661,000 |
| Net income | 25,177,000 | 51,832,000 | 74,427,000 | 97,902,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 874,689,000 | 995,670,000 | 1,009,380,000 | 1,023,564,000 |
| Total capital | 1,023,545,000 | 1,143,056,000 | 1,156,766,000 | 1,170,666,000 |
| Risk-weighted assets | 7,622,930,000 | 8,093,352,000 | 8,178,127,000 | 7,824,931,000 |