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Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Schedule of Preferred Stock and Dividends Paid Per Share

The table below summarizes Customers’ issuances of preferred stock that remain outstanding at December 31, 2023 and 2022 and the dividends paid per share.

(amounts in thousands except share and per share data)												Shares at December 31,												Carrying value at December 31,																		Initial Fixed Rate						Date at which dividend rate becomes floating and earliest redemption date						Floating rate of Three-Month LIBOR Plus:						Dividend Paid Per Share in 2023
Fixed-to-floating rate:						Issue Date						2023						2022						2023						2022
Series E						April 28, 2016						2,300,000						2,300,000						$	55,593					$	55,593											6.45		%				June 15, 2021						5.140		%				$	2.62
Series F						September 16, 2016						3,400,000						3,400,000						82,201						82,201												6.00		%				December 15, 2021						4.762		%				$	2.53
Totals												5,700,000						5,700,000						$	137,794					$	137,794

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- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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