Call reports 2022
CUSTOMERS BANK — 2022
What CUSTOMERS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 19,156,553,000 | 20,242,747,000 | 20,359,659,000 | 20,879,065,000 |
| Total loans | 14,073,518,000 | 15,664,354,000 | 15,336,689,000 | 15,794,670,000 |
| Allowance for loan losses | 145,847,000 | 156,530,000 | 130,197,000 | 130,924,000 |
| Securities available for sale | 4,143,554,000 | 3,119,798,000 | 2,918,355,000 | 2,960,540,000 |
| Securities held to maturity | 0 | 494,877,000 | 886,294,000 | 840,259,000 |
| Trading assets | 21,955,000 | 27,434,000 | 44,566,000 | 42,658,000 |
| Total deposits | 16,605,486,000 | 17,034,893,000 | 17,650,765,000 | 18,271,501,000 |
| Interest-bearing deposits | 11,829,636,000 | 12,285,283,000 | 14,569,682,000 | 16,311,187,000 |
| Noninterest-bearing deposits | 4,775,850,000 | 4,749,610,000 | 3,081,083,000 | 1,960,314,000 |
| Equity capital | 1,468,712,000 | 1,465,880,000 | 1,478,458,000 | 1,502,917,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 183,239,000 | 379,170,000 | 614,774,000 | 884,109,000 |
| Interest expense | 15,596,000 | 43,831,000 | 118,601,000 | 250,996,000 |
| Net interest income | 167,643,000 | 335,339,000 | 496,173,000 | 633,113,000 |
| Noninterest income | 23,216,000 | 39,894,000 | 33,818,000 | 58,361,000 |
| Noninterest expense | 73,406,000 | 148,816,000 | 224,451,000 | 302,529,000 |
| Provision for loan losses | 15,269,000 | 39,432,000 | 31,597,000 | 59,487,000 |
| Pretax income | 100,226,000 | 181,503,000 | 265,972,000 | 304,100,000 |
| Income tax | 20,284,000 | 40,026,000 | 58,479,000 | 66,082,000 |
| Net income | 79,942,000 | 141,477,000 | 207,493,000 | 238,018,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,573,796,000 | 1,633,346,000 | 1,676,998,000 | 1,708,598,000 |
| Total capital | 1,768,525,000 | 1,839,362,000 | 1,856,955,000 | 1,889,472,000 |
| Risk-weighted assets | 13,570,186,000 | 14,252,198,000 | 14,684,601,000 | 15,237,653,000 |