Call reports 2019
CUSTOMERS BANK — 2019
What CUSTOMERS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 10,134,762,000 | 11,176,699,000 | 11,724,273,000 | 11,511,729,000 |
| Total loans | 8,745,846,000 | 9,721,343,000 | 10,277,621,000 | 10,051,073,000 |
| Allowance for loan losses | 43,679,000 | 48,388,000 | 51,053,000 | 56,379,000 |
| Securities available for sale | 676,422,000 | 689,829,000 | 589,540,000 | 577,199,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 14,627,000 | 39,835,000 | 46,252,000 | 39,880,000 |
| Total deposits | 7,450,806,000 | 8,202,710,000 | 8,959,537,000 | 8,713,396,000 |
| Interest-bearing deposits | 6,052,960,000 | 6,805,079,000 | 7,355,767,000 | 7,305,545,000 |
| Noninterest-bearing deposits | 1,397,846,000 | 1,397,631,000 | 1,603,769,000 | 1,407,851,000 |
| Equity capital | 1,071,698,000 | 1,074,175,000 | 1,110,275,000 | 1,178,166,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 101,076,000 | 213,024,000 | 339,744,000 | 463,739,000 |
| Interest expense | 40,403,000 | 86,321,000 | 136,229,000 | 181,003,000 |
| Net interest income | 60,673,000 | 126,703,000 | 203,515,000 | 282,736,000 |
| Noninterest income | 19,726,000 | 32,176,000 | 53,786,000 | 79,081,000 |
| Noninterest expense | 53,754,000 | 113,332,000 | 172,598,000 | 230,973,000 |
| Provision for loan losses | 4,767,000 | 10,113,000 | 14,539,000 | 24,227,000 |
| Pretax income | 21,878,000 | 35,434,000 | 71,165,000 | 107,618,000 |
| Income tax | 5,204,000 | 8,024,000 | 16,357,000 | 24,184,000 |
| Net income | 16,674,000 | 27,410,000 | 54,808,000 | 83,434,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,070,664,000 | 1,068,554,000 | 1,103,341,000 | 1,164,652,000 |
| Total capital | 1,223,727,000 | 1,226,248,000 | 1,263,490,000 | 1,330,155,000 |
| Risk-weighted assets | 8,515,252,000 | 9,549,498,000 | 10,172,184,000 | 10,285,367,000 |