Call reports 2021
CUSTOMERS BANK — 2021
What CUSTOMERS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 18,982,983,000 | 19,660,633,000 | 19,118,587,000 | 19,555,791,000 |
| Total loans | 16,168,306,000 | 16,967,022,000 | 15,515,537,000 | 14,568,885,000 |
| Allowance for loan losses | 128,736,000 | 125,436,000 | 131,496,000 | 137,804,000 |
| Securities available for sale | 1,437,076,000 | 1,526,792,000 | 1,861,697,000 | 3,791,575,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 36,502,000 | 38,289,000 | 34,234,000 | 27,295,000 |
| Total deposits | 12,648,741,000 | 13,961,259,000 | 17,105,512,000 | 16,953,757,000 |
| Interest-bearing deposits | 9,784,813,000 | 11,174,071,000 | 12,016,694,000 | 12,318,134,000 |
| Noninterest-bearing deposits | 2,863,928,000 | 2,787,188,000 | 5,088,818,000 | 4,635,623,000 |
| Equity capital | 1,315,677,000 | 1,354,176,000 | 1,417,231,000 | 1,463,725,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 161,115,000 | 323,996,000 | 566,848,000 | 780,886,000 |
| Interest expense | 25,964,000 | 47,668,000 | 67,758,000 | 84,931,000 |
| Net interest income | 135,151,000 | 276,328,000 | 499,090,000 | 695,955,000 |
| Noninterest income | -5,825,000 | 10,587,000 | 30,567,000 | 48,387,000 |
| Noninterest expense | 83,041,000 | 153,483,000 | 232,609,000 | 313,575,000 |
| Provision for loan losses | -2,918,000 | 372,000 | 13,536,000 | 27,426,000 |
| Pretax income | 74,055,000 | 159,679,000 | 315,525,000 | 434,953,000 |
| Income tax | 40,502,000 | 61,821,000 | 98,942,000 | 113,171,000 |
| Net income | 33,553,000 | 97,858,000 | 216,583,000 | 321,782,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,365,443,000 | 1,403,324,000 | 1,471,897,000 | 1,526,583,000 |
| Total capital | 1,523,681,000 | 1,559,161,000 | 1,632,808,000 | 1,692,512,000 |
| Risk-weighted assets | 11,661,454,000 | 11,326,486,000 | 11,530,632,000 | 12,909,847,000 |