Call reports 2023
CUSTOMERS BANK — 2023
What CUSTOMERS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 21,768,466,000 | 22,025,169,000 | 21,849,415,000 | 21,303,502,000 |
| Total loans | 15,063,033,000 | 13,910,907,000 | 13,713,482,000 | 13,202,083,000 |
| Allowance for loan losses | 130,281,000 | 139,656,000 | 139,213,000 | 135,311,000 |
| Securities available for sale | 2,899,784,000 | 2,797,465,000 | 2,746,254,000 | 2,376,860,000 |
| Securities held to maturity | 870,294,000 | 1,258,560,000 | 1,178,370,000 | 1,103,170,000 |
| Trading assets | 33,269,000 | 26,013,000 | 29,754,000 | 19,033,000 |
| Total deposits | 17,809,961,000 | 18,067,090,000 | 18,330,852,000 | 18,049,415,000 |
| Interest-bearing deposits | 14,266,649,000 | 13,487,093,000 | 13,466,962,000 | 13,516,085,000 |
| Noninterest-bearing deposits | 3,543,312,000 | 4,579,997,000 | 4,863,890,000 | 4,533,330,000 |
| Equity capital | 1,537,659,000 | 1,557,743,000 | 1,657,819,000 | 1,707,832,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 314,632,000 | 644,481,000 | 1,020,595,000 | 1,366,197,000 |
| Interest expense | 162,933,000 | 325,707,000 | 500,158,000 | 671,452,000 |
| Net interest income | 151,699,000 | 318,774,000 | 520,437,000 | 694,745,000 |
| Noninterest income | 18,376,000 | 34,289,000 | 53,073,000 | 72,021,000 |
| Noninterest expense | 79,678,000 | 169,109,000 | 258,337,000 | 351,948,000 |
| Provision for loan losses | 18,007,000 | 40,371,000 | 57,426,000 | 70,846,000 |
| Pretax income | 70,577,000 | 140,747,000 | 253,435,000 | 339,808,000 |
| Income tax | 15,052,000 | 36,249,000 | 60,218,000 | 82,623,000 |
| Net income | 55,525,000 | 104,498,000 | 193,217,000 | 257,185,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,721,118,000 | 1,749,287,000 | 1,830,143,000 | 1,868,360,000 |
| Total capital | 1,922,468,000 | 1,957,174,000 | 2,038,998,000 | 2,073,202,000 |
| Risk-weighted assets | 15,214,140,000 | 14,627,625,000 | 14,105,822,000 | 13,565,622,000 |