Call reports 2024
CUSTOMERS BANK — 2024
What CUSTOMERS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 21,333,972,000 | 20,956,641,000 | 21,472,569,000 | 22,295,612,000 |
| Total loans | 13,256,871,000 | 13,632,639,000 | 14,053,116,000 | 14,653,556,000 |
| Allowance for loan losses | 133,296,000 | 132,436,000 | 133,158,000 | 136,775,000 |
| Securities available for sale | 2,571,139,000 | 2,477,758,000 | 2,377,733,000 | 1,985,438,000 |
| Securities held to maturity | 1,032,037,000 | 962,799,000 | 1,064,437,000 | 991,937,000 |
| Trading assets | 22,540,000 | 21,328,000 | 16,591,000 | 15,963,000 |
| Total deposits | 18,098,803,000 | 17,836,965,000 | 18,209,863,000 | 19,030,155,000 |
| Interest-bearing deposits | 13,293,355,000 | 13,225,941,000 | 13,406,833,000 | 13,252,797,000 |
| Noninterest-bearing deposits | 4,805,448,000 | 4,611,024,000 | 4,803,030,000 | 5,777,358,000 |
| Equity capital | 1,757,283,000 | 1,796,333,000 | 1,828,750,000 | 1,826,227,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 331,552,000 | 665,365,000 | 997,253,000 | 1,326,935,000 |
| Interest expense | 169,278,000 | 333,547,000 | 505,018,000 | 665,300,000 |
| Net interest income | 162,274,000 | 331,818,000 | 492,235,000 | 661,635,000 |
| Noninterest income | 21,812,000 | 54,144,000 | 62,932,000 | 90,128,000 |
| Noninterest expense | 98,518,000 | 200,044,000 | 303,003,000 | 413,643,000 |
| Provision for loan losses | 15,952,000 | 33,804,000 | 51,569,000 | 69,798,000 |
| Pretax income | 67,994,000 | 147,885,000 | 196,816,000 | 235,564,000 |
| Income tax | 16,278,000 | 35,995,000 | 36,134,000 | 45,349,000 |
| Net income | 51,716,000 | 111,890,000 | 160,682,000 | 190,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,898,686,000 | 1,937,780,000 | 1,943,059,000 | 1,930,951,000 |
| Total capital | 2,122,179,000 | 2,139,557,000 | 2,145,947,000 | 2,136,594,000 |
| Risk-weighted assets | 13,413,276,000 | 13,676,187,000 | 14,249,156,000 | 14,904,872,000 |