Call reports 2018
CUSTOMERS BANK — 2018
What CUSTOMERS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 10,757,141,000 | 11,089,073,000 | 10,615,604,000 | 9,828,370,000 |
| Total loans | 8,819,081,000 | 9,113,507,000 | 8,757,661,000 | 8,545,000,000 |
| Allowance for loan losses | 39,499,000 | 38,288,000 | 40,741,000 | 39,972,000 |
| Securities available for sale | 1,178,299,000 | 1,157,944,000 | 667,032,000 | 663,294,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 12,382,000 | 13,515,000 | 18,754,000 | 14,437,000 |
| Total deposits | 7,119,365,000 | 7,393,154,000 | 8,562,928,000 | 7,162,853,000 |
| Interest-bearing deposits | 5,790,846,000 | 6,216,380,000 | 7,194,877,000 | 6,021,926,000 |
| Noninterest-bearing deposits | 1,328,519,000 | 1,176,774,000 | 1,368,051,000 | 1,140,927,000 |
| Equity capital | 1,028,941,000 | 1,037,815,000 | 1,051,264,000 | 1,059,671,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 96,965,000 | 204,603,000 | 314,649,000 | 417,950,000 |
| Interest expense | 29,411,000 | 67,206,000 | 111,486,000 | 151,894,000 |
| Net interest income | 67,554,000 | 137,397,000 | 203,163,000 | 266,056,000 |
| Noninterest income | 21,120,000 | 37,537,000 | 59,644,000 | 79,416,000 |
| Noninterest expense | 52,013,000 | 105,461,000 | 162,146,000 | 218,770,000 |
| Provision for loan losses | 2,117,000 | 1,333,000 | 4,257,000 | 5,642,000 |
| Pretax income | 34,544,000 | 68,140,000 | 77,745,000 | 102,401,000 |
| Income tax | 8,124,000 | 15,612,000 | 16,193,000 | 21,695,000 |
| Net income | 26,420,000 | 52,528,000 | 61,552,000 | 80,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,037,480,000 | 1,054,613,000 | 1,054,869,000 | 1,066,121,000 |
| Total capital | 1,186,105,000 | 1,202,070,000 | 1,204,825,000 | 1,215,522,000 |
| Risk-weighted assets | 8,334,393,000 | 8,538,487,000 | 8,512,035,000 | 8,314,658,000 |