Customers Bank

Major Rating Factors: A current level of 1.9 percent of nonperforming loans to core capital combined with 2.3 percent from a year earlier contributes to the Excellent asset quality (7.8). Good current capitalization (6.7 on a scale of 0 to 10) based on a risk-based capital ratio of 15.3 and a capital leverage ratio of 8.7.

Other Rating Factors: Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Good (6.4) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).

Asset Mix: Cash (18%), securities (16%), comm loans (11%), comm re (9%), consumer loans (6%), home mtgs (3%), other (37%)

States with Branches: NJ, NY, PA

Asset Quality

Non-Performing Loans to Capital

1.85%

Non-Performing Assets to Assets

0.24%

Non-Performing Loans to Loans

0.42%

Loan Loss Reserves to Loans

1.02%

Charge-Offs to Average Loans

0.51%

5-Year Charge-Offs to Average Loans

0.24%

5-Year Asset Growth

23.35%

1-Year Asset Growth

2.03%

Profitability

Operating Profit to Average Assets

1.57%

Return on Equity

16.18%

Net Interest Spread

3.29%

5-Year ROAA (Return on Average Assets)

1.06%

Overhead Efficiency Ratio

45.90%

Liquidity

Liquidity Ratio

29.56%

Hot Money

17.86%

Corporate Info

Group Affiliation

Customers Bancorp, Inc.

Investment Rating

CUBI

Address

701 Reading Avenue
West Reading, PA 19611

Phone Number

(610) 933-7195

Year Founded

1997

FDIC Number

34444

Website

http://www.customersbank.com

Largest Affiliates

No affiliate information available.