Call reports 2020
CUSTOMERS BANK — 2020
What CUSTOMERS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 12,010,267,000 | 17,892,526,000 | 18,757,101,000 | 18,434,705,000 |
| Total loans | 10,321,430,000 | 15,290,201,000 | 16,605,279,000 | 15,832,251,000 |
| Allowance for loan losses | 149,283,000 | 159,905,000 | 155,561,000 | 144,176,000 |
| Securities available for sale | 696,354,000 | 664,759,000 | 1,131,364,000 | 1,206,432,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 81,147,000 | 79,523,000 | 60,810,000 | 54,027,000 |
| Total deposits | 8,490,915,000 | 11,059,122,000 | 10,925,070,000 | 11,423,059,000 |
| Interest-bearing deposits | 6,978,492,000 | 9,086,086,000 | 8,512,060,000 | 8,952,931,000 |
| Noninterest-bearing deposits | 1,512,423,000 | 1,973,036,000 | 2,413,010,000 | 2,470,128,000 |
| Equity capital | 1,077,589,000 | 1,104,834,000 | 1,149,007,000 | 1,198,857,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 125,344,000 | 250,560,000 | 390,212,000 | 543,304,000 |
| Interest expense | 41,601,000 | 72,419,000 | 102,208,000 | 129,934,000 |
| Net interest income | 83,743,000 | 178,141,000 | 288,004,000 | 413,370,000 |
| Noninterest income | 19,383,000 | 36,116,000 | 58,083,000 | 80,593,000 |
| Noninterest expense | 66,272,000 | 129,648,000 | 194,581,000 | 265,552,000 |
| Provision for loan losses | 31,785,000 | 52,732,000 | 65,688,000 | 62,774,000 |
| Pretax income | 9,042,000 | 40,205,000 | 105,853,000 | 185,715,000 |
| Income tax | 2,447,000 | 10,174,000 | 22,890,000 | 46,083,000 |
| Net income | 6,595,000 | 30,031,000 | 82,963,000 | 139,632,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,158,307,000 | 1,168,276,000 | 1,217,159,000 | 1,254,082,000 |
| Total capital | 1,334,107,000 | 1,351,665,000 | 1,397,059,000 | 1,424,791,000 |
| Risk-weighted assets | 10,928,732,000 | 10,984,244,000 | 12,027,235,000 | 11,814,205,000 |