XML 118 R44.htm IDEA: XBRL DOCUMENT v3.25.0.1

Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Lessee, Summary of Right-of-Use Assets and Lease Liabilities

The following table summarizes operating lease ROU assets and operating lease liabilities and their corresponding balance sheet location:

(amounts in thousands)			Classification						December 31, 2024						December 31, 2023
ASSETS
Operating lease ROU assets			Other assets						$	35,322					$	15,644
LIABILITIES
Operating lease liabilities			Other liabilities						$	37,882					$	18,048

Lease, Cost

The following table summarizes operating lease cost and its corresponding income statement location for the periods presented:

									For the Years Ended December 31,
(amounts in thousands)			Classification						2024						2023						2022
Operating lease cost (1)			Occupancy expenses						$	6,264					$	5,050					$	4,758

(1)    There were no variable lease costs for the years ended December 31, 2024, 2023 and 2022, and sublease income for operating leases was immaterial.

Maturities of Non-Cancelable Operating Lease Liabilities

Maturities of non-cancelable operating lease liabilities were as follows at December 31, 2024:

(amounts in thousands)			December 31, 2024
2025			$	5,759
2026			6,486
2027			5,995
2028			5,374
2029			4,626
Thereafter			17,171
Total minimum payments			45,411
Less: interest			7,529
Present value of lease liabilities			$	37,882

Summary of Lease Term and Discount Rate for Operating Leases

The following table summarizes the weighted average remaining lease term and discount rate for Customers’ operating leases at December 31, 2024 and 2023:

December 31, 2024

December 31, 2023

Weighted average remaining lease term (years)

Operating leases

8.2 years

5.6 years

Weighted average discount rate

Operating leases

4.22

%

3.28

%

Lessor, Lease Receivables and Investment in Operating Leases and their Corresponding Balance Sheet Location

The following table summarizes lease receivables and investment in operating leases and their corresponding balance sheet location at December 31, 2024 and 2023:

(amounts in thousands)			Classification						December 31, 2024						December 31, 2023
ASSETS
Direct financing and sales-type leases
Lease receivables			Loans and leases receivable						$	251,507					$	190,559
Guaranteed residual assets			Loans and leases receivable						24,045						15,783
Unguaranteed residual assets			Loans and leases receivable						10,463						10,010
Deferred initial direct costs			Loans and leases receivable						1,352						1,213
Unearned income			Loans and leases receivable						(24,673)						(11,891)
Net investment in direct financing and sales-type leases									$	262,694					$	205,674
Operating leases
Investment in operating leases			Other assets						$	308,993					$	282,208
Accumulated depreciation			Other assets						(95,053)						(77,672)
Deferred initial direct costs			Other assets						978						1,192
Net investment in operating leases									214,918						205,728
Total lease assets									$	477,612					$	411,402

Future Minimum Rental Commitments under Non-Cancelable Leases

Maturities of operating and direct financing and sales-type lease receivables were as follows at December 31, 2024:

(amounts in thousands)			Operating leases						Direct financing and sales-type leases
2025			$	46,725					$	70,621
2026			50,700						60,772
2027			37,245						52,098
2028			60,734						33,378
2029			23,770						21,431
Thereafter			25,514						13,207
Total lease payments			$	244,688					251,507
Less: interest									24,673
Present value of lease receivables									$	226,834

Sales-type and Direct Financing Leases, Lease Receivable, Maturity

Maturities of operating and direct financing and sales-type lease receivables were as follows at December 31, 2024:

(amounts in thousands)			Operating leases						Direct financing and sales-type leases
2025			$	46,725					$	70,621
2026			50,700						60,772
2027			37,245						52,098
2028			60,734						33,378
2029			23,770						21,431
Thereafter			25,514						13,207
Total lease payments			$	244,688					251,507
Less: interest									24,673
Present value of lease receivables									$	226,834

X

- Definition

Lessee, Summary of Right-of-Use Assets and Lease Liabilities

+ References

No definition available.

+ Details

Name:	cubi_LesseeSummaryOfRightOfUseAssetsAndLeaseLiabilitiesTableTextBlock
Namespace Prefix:	cubi_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Lessor, Lease Receivables and Investment in Operating Leases and their Corresponding Balance Sheet Location

+ References

No definition available.

+ Details

Name:	cubi_LessorLeaseReceivablesAndInvestmentInOperatingLeasesAndTheirCorrespondingBalanceSheetLocationTableTextBlock
Namespace Prefix:	cubi_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Summary of Lease Term and Discount Rate for Operating Leases

+ References

No definition available.

+ Details

Name:	cubi_SummaryOfLeaseTermAndDiscountRateForOperatingLeasesTableTextBlock
Namespace Prefix:	cubi_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479773/842-30-50-12

+ Details

Name:	us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479773/842-30-50-10

+ Details

Name:	us-gaap_SalesTypeAndDirectFinancingLeasesLeaseReceivableMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration