XML 144 R130.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Financial Statements of Parent Company - Summary of Condensed Income Statements of Parent Company (Detail) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating expense:                      
Interest $ 134,510 $ 76,884 $ 31,482 $ 18,777 $ 20,343 $ 22,959 $ 24,124 $ 28,384 $ 261,653 $ 95,810 $ 139,616
Income tax benefit (7,136) (17,899) (18,896) (19,332) (12,993) (36,263) (20,124) (17,560) (63,263) (86,940) (46,717)
Net income 28,711 63,912 58,650 76,761 100,669 116,042 61,341 36,595 228,034 314,647 132,578
Preferred stock dividends 3,088 2,548 2,131 1,865 2,022 2,981 3,299 3,391 9,632 11,693 14,041
Loss on redemption of preferred stock         0 2,820 0 0 0 2,820 0
Net income available to common shareholders $ 25,623 $ 61,364 $ 56,519 $ 74,896 $ 98,647 $ 110,241 $ 58,042 $ 33,204 218,402 300,134 118,537
Comprehensive income                 69,918 315,431 128,064
Customers Bancorp                      
Operating income:                      
Dividends from bank subsidiary                 52,000 172,982 65,000
Loss on sale of foreign subsidiaries                 0 (2,809) 0
Other                 1,264 0 0
Total operating income                 53,264 170,173 65,000
Operating expense:                      
Interest                 10,657 10,879 9,681
Other                 3,410 3,121 1,498
Total operating expense                 14,067 14,000 11,179
Income before taxes and undistributed income of subsidiaries                 39,197 156,173 53,821
Income tax benefit                 2,819 6,964 2,703
Income before undistributed income of subsidiaries                 42,016 163,137 56,524
Equity in undistributed income of subsidiaries                 186,018 151,510 76,054
Net income                 228,034 314,647 132,578
Preferred stock dividends                 9,632 11,693 14,041
Loss on redemption of preferred stock                 0 2,820 0
Net income available to common shareholders                 218,402 300,134 118,537
Comprehensive income                 $ 69,918 $ 315,431 $ 128,064