2022 Q1 Form 10-Q Financial Statement

#000148881322000048 Filed on May 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $183.5M $161.1M
YoY Change 13.88% 28.54%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $24.07M $19.99M
YoY Change 20.41% 89.66%
% of Gross Profit
Depreciation & Amortization $6.055M $5.300M
YoY Change 14.25% -24.29%
% of Gross Profit
Operating Expenses $24.07M $19.99M
YoY Change 20.41% 89.66%
Operating Profit
YoY Change
Interest Expense $18.78M $28.38M
YoY Change -33.85% -35.52%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $96.09M $92.19M
YoY Change 4.23% 686.08%
Income Tax $19.33M $17.56M
% Of Pretax Income 20.12% 19.05%
Net Earnings $76.76M $36.60M
YoY Change 109.76% 1080.48%
Net Earnings / Revenue 41.84% 22.71%
Basic Earnings Per Share $2.27 $1.04
Diluted Earnings Per Share $2.18 $1.01
COMMON SHARES
Basic Shares Outstanding 32.96M shares 31.88M shares
Diluted Shares Outstanding 34.33M shares 32.84M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $274.6M $515.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $8.233M $10.94M
YoY Change -24.76% 23.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $19.16B $18.82B
YoY Change 1.84% 56.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $251.8M $335.0M
YoY Change -24.85% 487.72%
Accrued Expenses $14.00M $17.00M
YoY Change -17.63% -15.0%
Deferred Revenue
YoY Change
Short-Term Debt $700.0M $1.215B
YoY Change -42.39% 38.07%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $265.8M $352.0M
YoY Change -24.5% 357.14%
LONG-TERM LIABILITIES
Long-Term Debt $405.0M $3.590B
YoY Change -88.72% 1077.05%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $405.0M $3.590B
YoY Change -88.72% 748.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $265.8M $352.0M
Total Long-Term Liabilities $405.0M $3.590B
Total Liabilities $17.79B $17.63B
YoY Change 0.89% 59.48%
SHAREHOLDERS EQUITY
Retained Earnings $780.6M $438.8M
YoY Change 77.9% 37.33%
Common Stock $34.88M $33.52M
YoY Change 4.07% 2.34%
Preferred Stock
YoY Change
Treasury Stock (at cost) $55.75M $21.78M
YoY Change 155.98% 0.0%
Treasury Stock Shares 1.924M shares 1.281M shares
Shareholders Equity $1.377B $1.189B
YoY Change
Total Liabilities & Shareholders Equity $19.16B $18.82B
YoY Change 1.84% 56.57%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $76.76M $36.60M
YoY Change 109.76% 1080.48%
Depreciation, Depletion And Amortization $6.055M $5.300M
YoY Change 14.25% -24.29%
Cash From Operating Activities $116.9M $177.6M
YoY Change -34.16% -605.39%
INVESTING ACTIVITIES
Capital Expenditures $274.0K $298.0K
YoY Change -8.05% 234.83%
Acquisitions
YoY Change
Other Investing Activities $91.88M -$521.5M
YoY Change -117.62% 22.13%
Cash From Investing Activities $88.67M -$526.7M
YoY Change -116.84% 21.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $6.102M -$6.684M
YoY Change -191.29% 2870.67%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$449.0M $171.1M
YoY Change -362.49% -66.61%
NET CHANGE
Cash From Operating Activities 116.9M 177.6M
Cash From Investing Activities $88.67M -$526.7M
Cash From Financing Activities -$449.0M $171.1M
Net Change In Cash -$243.4M -$178.0M
YoY Change 36.77% -507.05%
FREE CASH FLOW
Cash From Operating Activities $116.9M $177.6M
Capital Expenditures $274.0K $298.0K
Free Cash Flow $116.7M $177.3M
YoY Change -34.2% -603.27%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Amendment Flag
AmendmentFlag
false
CY2022Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001488813
CY2022Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2022Q1 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2021Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2022Q1 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2022Q1 dei Document Type
DocumentType
10-Q
CY2022Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2022Q1 dei Entity File Number
EntityFileNumber
001-35542
CY2022Q1 dei Entity Registrant Name
EntityRegistrantName
Customers Bancorp, Inc.
CY2022Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
PA
CY2022Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
27-2290659
CY2022Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
701 Reading Avenue
CY2022Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
West Reading
CY2022Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
PA
CY2022Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
19611
CY2022Q1 dei City Area Code
CityAreaCode
610
CY2022Q1 dei Local Phone Number
LocalPhoneNumber
933-2000
CY2022Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2022Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
32981204 shares
CY2022Q1 us-gaap Cash And Due From Banks
CashAndDueFromBanks
55515000 USD
CY2021Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
35238000 USD
CY2022Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
219085000 USD
CY2021Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
482794000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
274600000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
518032000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
728000 USD
CY2022Q1 cubi Investment Securitiesat Fair Value
InvestmentSecuritiesatFairValue
4169853000 USD
CY2021Q4 cubi Investment Securitiesat Fair Value
InvestmentSecuritiesatFairValue
3817150000 USD
CY2022Q1 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
2496000 USD
CY2021Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
15747000 USD
CY2022Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3003000 USD
CY2021Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
16254000 USD
CY2022Q1 cubi Loansreceivablemortgagewarehouse
Loansreceivablemortgagewarehouse
1755758000 USD
CY2021Q4 cubi Loansreceivablemortgagewarehouse
Loansreceivablemortgagewarehouse
2284325000 USD
CY2022Q1 cubi Financing Receivable Before Allowance For Credit Loss Payment Protection Program Cares Act
FinancingReceivableBeforeAllowanceForCreditLossPaymentProtectionProgramCARESAct
2195902000 USD
CY2021Q4 cubi Financing Receivable Before Allowance For Credit Loss Payment Protection Program Cares Act
FinancingReceivableBeforeAllowanceForCreditLossPaymentProtectionProgramCARESAct
3250008000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
10118855000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
9018298000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
145847000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
137804000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
13924668000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
14414827000 USD
CY2022Q1 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
54553000 USD
CY2021Q4 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
64584000 USD
CY2022Q1 us-gaap Interest Receivable
InterestReceivable
94669000 USD
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
92239000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8233000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8890000 USD
CY2022Q1 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
332239000 USD
CY2021Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
333705000 USD
CY2022Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
3678000 USD
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
3736000 USD
CY2022Q1 us-gaap Other Assets
OtherAssets
298212000 USD
CY2021Q4 us-gaap Other Assets
OtherAssets
305611000 USD
CY2022Q1 us-gaap Assets
Assets
19163708000 USD
CY2021Q4 us-gaap Assets
Assets
19575028000 USD
CY2022Q1 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
4594428000 USD
CY2021Q4 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
4459790000 USD
CY2022Q1 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
11821132000 USD
CY2021Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
12318134000 USD
CY2022Q1 us-gaap Deposits
Deposits
16415560000 USD
CY2021Q4 us-gaap Deposits
Deposits
16777924000 USD
CY2022Q1 us-gaap Federal Funds Purchased
FederalFundsPurchased
700000000 USD
CY2021Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
75000000 USD
CY2022Q1 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Advances By Branch
FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch
0 USD
CY2021Q4 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Advances By Branch
FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch
700000000 USD
CY2022Q1 us-gaap Other Borrowings
OtherBorrowings
223230000 USD
CY2021Q4 us-gaap Other Borrowings
OtherBorrowings
223086000 USD
CY2022Q1 us-gaap Subordinated Debt
SubordinatedDebt
181742000 USD
CY2021Q4 us-gaap Subordinated Debt
SubordinatedDebt
181673000 USD
CY2022Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
265770000 USD
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
251128000 USD
CY2022Q1 us-gaap Liabilities
Liabilities
17786302000 USD
CY2021Q4 us-gaap Liabilities
Liabilities
18208811000 USD
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1.00
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1.00
CY2021Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
25.00
CY2022Q1 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
25.00
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5700000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5700000 shares
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5700000 shares
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5700000 shares
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
137794000 USD
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
137794000 USD
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
34881580 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
34721675 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
32957847 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
32913267 shares
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
34882000 USD
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
34722000 USD
CY2022Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
542402000 USD
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
542391000 USD
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
780628000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
705732000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-62548000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4980000 USD
CY2022Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
1923732 shares
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1808408 shares
CY2022Q1 us-gaap Treasury Stock Value
TreasuryStockValue
55752000 USD
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
49442000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1377406000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1366217000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19163708000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19575028000 USD
CY2022Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
157175000 USD
CY2021Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
152117000 USD
CY2022Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
20295000 USD
CY2021Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
7979000 USD
CY2022Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
6006000 USD
CY2021Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
1019000 USD
CY2022Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
183476000 USD
CY2021Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
161115000 USD
CY2022Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
13712000 USD
CY2021Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
15658000 USD
CY2022Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
0 USD
CY2021Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
5192000 USD
CY2022Q1 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
2689000 USD
CY2021Q1 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
2689000 USD
CY2022Q1 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
2376000 USD
CY2021Q1 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
4845000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
18777000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
28384000 USD
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
164699000 USD
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
132731000 USD
CY2022Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
15997000 USD
CY2021Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-2919000 USD
CY2022Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
148702000 USD
CY2021Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
135650000 USD
CY2022Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
5895000 USD
CY2021Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
5205000 USD
CY2022Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
8326000 USD
CY2021Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1679000 USD
CY2022Q1 cubi Fees Mortgage Warehouse Lending
FeesMortgageWarehouseLending
2015000 USD
CY2021Q1 cubi Fees Mortgage Warehouse Lending
FeesMortgageWarehouseLending
4247000 USD
CY2022Q1 cubi Gain On Sale Of Mortgages And Other Loans
GainOnSaleOfMortgagesAndOtherLoans
1507000 USD
CY2021Q1 cubi Gain On Sale Of Mortgages And Other Loans
GainOnSaleOfMortgagesAndOtherLoans
1575000 USD
CY2022Q1 cubi Income From Loan Fees
IncomeFromLoanFees
2545000 USD
CY2021Q1 cubi Income From Loan Fees
IncomeFromLoanFees
1436000 USD
CY2022Q1 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
481000 USD
CY2021Q1 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
463000 USD
CY2022Q1 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-1063000 USD
CY2021Q1 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
23566000 USD
CY2022Q1 us-gaap Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
-276000 USD
CY2021Q1 us-gaap Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
974000 USD
CY2022Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
964000 USD
CY2021Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2537000 USD
CY2022Q1 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
CY2021Q1 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
-24467000 USD
CY2022Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
-212000 USD
CY2021Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
305000 USD
CY2022Q1 us-gaap Noninterest Income
NoninterestIncome
21198000 USD
CY2021Q1 us-gaap Noninterest Income
NoninterestIncome
18468000 USD
CY2022Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
26607000 USD
CY2021Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
23971000 USD
CY2022Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
24068000 USD
CY2021Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
19988000 USD
CY2022Q1 us-gaap Professional Fees
ProfessionalFees
6956000 USD
CY2021Q1 us-gaap Professional Fees
ProfessionalFees
5877000 USD
CY2022Q1 us-gaap Occupancy Net
OccupancyNet
3050000 USD
CY2021Q1 us-gaap Occupancy Net
OccupancyNet
2621000 USD
CY2022Q1 cubi Operating Leases Commercial Lease Depreciation
OperatingLeasesCommercialLeaseDepreciation
4942000 USD
CY2021Q1 cubi Operating Leases Commercial Lease Depreciation
OperatingLeasesCommercialLeaseDepreciation
4291000 USD
CY2022Q1 cubi Fdic Assessments Taxes And Regulatory Fees
FdicAssessmentsTaxesAndRegulatoryFees
2383000 USD
CY2021Q1 cubi Fdic Assessments Taxes And Regulatory Fees
FdicAssessmentsTaxesAndRegulatoryFees
2719000 USD
CY2022Q1 us-gaap Loan Processing Fee
LoanProcessingFee
2371000 USD
CY2021Q1 us-gaap Loan Processing Fee
LoanProcessingFee
437000 USD
CY2022Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
315000 USD
CY2021Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
561000 USD
CY2022Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2021Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
418000 USD
CY2022Q1 cubi Loan Workout Expense Income
LoanWorkoutExpenseIncome
-38000 USD
CY2021Q1 cubi Loan Workout Expense Income
LoanWorkoutExpenseIncome
-261000 USD
CY2022Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3153000 USD
CY2021Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1305000 USD
CY2022Q1 us-gaap Noninterest Expense
NoninterestExpense
73807000 USD
CY2021Q1 us-gaap Noninterest Expense
NoninterestExpense
61927000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
96093000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
92191000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19332000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17560000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
76761000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
74631000 USD
CY2022Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
0 USD
CY2021Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-20354000 USD
CY2022Q1 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
0 USD
CY2021Q1 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
17682000 USD
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-38036000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
76761000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
36595000 USD
CY2022Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1865000 USD
CY2021Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3391000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
74896000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33204000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.27
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.23
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.27
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.04
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.18
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.17
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.18
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
76761000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
36595000 USD
CY2022Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-78858000 USD
CY2021Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
400000 USD
CY2022Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-20503000 USD
CY2021Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
104000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-1063000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
23566000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-276000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
6127000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-57568000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-17143000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
12315000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
0 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
3202000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
0 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-25926000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-6741000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
28298000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-57568000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11155000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
19193000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
47750000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1366217000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
76761000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-57568000 USD
CY2022Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
1865000 USD
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3703000 USD
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-3532000 USD
CY2022Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
6310000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1377406000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1117086000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
36595000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11155000 USD
CY2021Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
3391000 USD
CY2021Q1 cubi Adjustments To Additional Paid In Capital Increase From Sale Of Noncontrolling Interest
AdjustmentsToAdditionalPaidInCapitalIncreaseFromSaleOfNoncontrollingInterest
31893000 USD
CY2021Q1 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
32983000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
19592000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3609000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5165000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
1188721000 USD
CY2021Q1 cubi Special Dividends Shares
SpecialDividendsShares
0.15389 shares
CY2022Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
76761000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
74631000 USD
CY2022Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
15997000 USD
CY2021Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-2919000 USD
CY2022Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
6055000 USD
CY2021Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
5321000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3718000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3082000 USD
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-22810000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6198000 USD
CY2022Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-918000 USD
CY2021Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
14000 USD
CY2022Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-276000 USD
CY2021Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
974000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-1063000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
23566000 USD
CY2022Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
964000 USD
CY2021Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2537000 USD
CY2022Q1 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
CY2021Q1 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
-24467000 USD
CY2022Q1 cubi Payment For Settlement Of Terminated Cash Flow Hedges
PaymentForSettlementOfTerminatedCashFlowHedges
0 USD
CY2021Q1 cubi Payment For Settlement Of Terminated Cash Flow Hedges
PaymentForSettlementOfTerminatedCashFlowHedges
27156000 USD
CY2022Q1 cubi Gain Loss On Fair Value Adjustment On Loans Held For Sale
GainLossOnFairValueAdjustmentOnLoansHeldForSale
0 USD
CY2021Q1 cubi Gain Loss On Fair Value Adjustment On Loans Held For Sale
GainLossOnFairValueAdjustmentOnLoansHeldForSale
1115000 USD
CY2022Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
2070000 USD
CY2021Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
2071000 USD
CY2022Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
10999000 USD
CY2021Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
12323000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
24813000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
17122000 USD
CY2022Q1 cubi Accretion Of Fair Values Discounts Net
AccretionOfFairValuesDiscountsNet
-27907000 USD
CY2021Q1 cubi Accretion Of Fair Values Discounts Net
AccretionOfFairValuesDiscountsNet
-345000 USD
CY2022Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
8326000 USD
CY2021Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1679000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-66855000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-20979000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-6440000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
135679000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
116940000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
200384000 USD
CY2022Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Other Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
224809000 USD
CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Other Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
62348000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
155954000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
353915000 USD
CY2022Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
814246000 USD
CY2021Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
589874000 USD
CY2022Q1 cubi Originationofmortgagewarehouseloans
Originationofmortgagewarehouseloans
7938526000 USD
CY2021Q1 cubi Originationofmortgagewarehouseloans
Originationofmortgagewarehouseloans
16998093000 USD
CY2022Q1 cubi Proceedsfrompayoffsofmortgagewarehouseloans
Proceedsfrompayoffsofmortgagewarehouseloans
8475173000 USD
CY2021Q1 cubi Proceedsfrompayoffsofmortgagewarehouseloans
Proceedsfrompayoffsofmortgagewarehouseloans
17211909000 USD
CY2022Q1 us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
-159706000 USD
CY2021Q1 us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
486158000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Finance Receivables
ProceedsFromSaleOfFinanceReceivables
14281000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Finance Receivables
ProceedsFromSaleOfFinanceReceivables
39534000 USD
CY2022Q1 us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
206330000 USD
CY2021Q1 us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
117036000 USD
CY2022Q1 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
5850000 USD
CY2021Q1 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 USD
CY2022Q1 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
15205000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
1948000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
274000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
298000 USD
CY2022Q1 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
2930000 USD
CY2021Q1 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
4849000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
88672000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-526654000 USD
CY2022Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-362364000 USD
CY2021Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
1162511000 USD
CY2022Q1 cubi Proceeds From Repayments Of Short Term Debt From The Federal Home Loan Bank
ProceedsFromRepaymentsOfShortTermDebtFromTheFederalHomeLoanBank
-700000000 USD
CY2021Q1 cubi Proceeds From Repayments Of Short Term Debt From The Federal Home Loan Bank
ProceedsFromRepaymentsOfShortTermDebtFromTheFederalHomeLoanBank
0 USD
CY2022Q1 us-gaap Increase Decrease In Federal Funds Purchased
IncreaseDecreaseInFederalFundsPurchased
-625000000 USD
CY2021Q1 us-gaap Increase Decrease In Federal Funds Purchased
IncreaseDecreaseInFederalFundsPurchased
-115000000 USD
CY2022Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2021Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
-1130860000 USD
CY2022Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1823000 USD
CY2021Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3401000 USD
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6310000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3755000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1988000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
208000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6684000 USD
CY2022Q1 cubi Proceeds From Sale Of Noncontrolling Interest
ProceedsFromSaleOfNoncontrollingInterest
0 USD
CY2021Q1 cubi Proceeds From Sale Of Noncontrolling Interest
ProceedsFromSaleOfNoncontrollingInterest
23125000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-449044000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
171071000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-243432000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-155199000 USD
CY2022Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 USD
CY2021Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-22791000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
0 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-22791000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-243432000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-177990000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
518032000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
693354000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
274600000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
515364000 USD
CY2022Q1 us-gaap Stock Issued1
StockIssued1
0 USD
CY2021Q1 us-gaap Stock Issued1
StockIssued1
32983000 USD
CY2022Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
0 USD
CY2021Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
44258000 USD
CY2022Q1 cubi Unsettled Purchases Of Investment Securities
UnsettledPurchasesOfInvestmentSecurities
0 USD
CY2021Q1 cubi Unsettled Purchases Of Investment Securities
UnsettledPurchasesOfInvestmentSecurities
56620000 USD
CY2022Q1 us-gaap Nature Of Operations
NatureOfOperations
DESCRIPTION OF THE BUSINESS<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Customers Bancorp, Inc. (“Customers Bancorp”) is a bank holding company engaged in banking activities through its wholly owned subsidiary, Customers Bank ("the Bank”), collectively referred to as “Customers” herein. </span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Customers Bancorp and its wholly owned subsidiaries, the Bank, and non-bank subsidiaries, serve residents and businesses in Southeastern Pennsylvania (Bucks, Berks, Chester, Philadelphia and Delaware Counties); Harrisburg, Pennsylvania (Dauphin County); Rye Brook, New York (Westchester County); Hamilton, New Jersey (Mercer County); Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire (Rockingham County); Manhattan and Melville, New York; Washington, D.C.; Chicago, Illinois; Dallas, Texas; Orlando, Florida; Wilmington, North Carolina; and nationally for certain loan and deposit products. The Bank has 12 full-service branches and provides commercial banking products, primarily loans and deposits. In addition, Customers Bank also administratively supports loan and other financial products, including equipment finance leases, to customers through its limited-purpose offices in Boston, Massachusetts; Providence, Rhode Island; Portsmouth, New Hampshire; Manhattan and Melville, New York; Philadelphia and Lancaster, Pennsylvania; Chicago, Illinois; Dallas, Texas; Orlando, Florida and Wilmington, North Carolina; and other locations. The Bank also serves specialty niche businesses nationwide, including its commercial loans to mortgage banking businesses, commercial equipment financing, SBA lending, specialty lending and consumer loans through relationships with fintech companies.</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Bank is subject to regulation of the Pennsylvania Department of Banking and Securities and the Federal Reserve Bank and is periodically examined by those regulatory authorities.</span></div>
CY2022Q1 cubi Number Of Branches
NumberOfBranches
12 branch
CY2022Q1 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
74896000 USD
CY2021Q1 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
71240000 USD
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-38036000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
74896000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33204000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32957033 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31883946 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1370032 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
957765 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34327065 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32841711 shares
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.27
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.23
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-1.19
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.27
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.04
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.18
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.17
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-1.16
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.18
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
CY2022Q1 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-78858000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
-20503000 USD
CY2022Q1 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-58355000 USD
CY2022Q1 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-1063000 USD
CY2022Q1 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-276000 USD
CY2022Q1 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-787000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-57568000 USD
CY2021Q1 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
12715000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
3306000 USD
CY2021Q1 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
9409000 USD
CY2021Q1 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-2360000 USD
CY2021Q1 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-614000 USD
CY2021Q1 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-1746000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11155000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
4232729000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
728000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2296000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
90268000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
4144029000 USD
CY2022Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
25824000 USD
CY2022Q1 cubi Investment Securitiesat Fair Value
InvestmentSecuritiesatFairValue
4169853000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
3799851000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
7427000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
15703000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
3791575000 USD
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
25575000 USD
CY2021Q4 cubi Investment Securitiesat Fair Value
InvestmentSecuritiesatFairValue
3817150000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
14300000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
11000000 USD
CY2021Q2 us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
3800000 USD
CY2021Q2 us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
-2800000 USD
CY2021Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
1000000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
156000000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
353900000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
2000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
1000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
23600000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
4992000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
4999000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
419539000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
409141000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
191230000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
187560000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
4232729000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
4144029000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
3055315000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
73883000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
156695000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
12630000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
3212010000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
86513000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
2024753000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
15567000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
6818000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
136000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
2031571000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
15703000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
160 security
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
15 contract
CY2022Q1 cubi Number Of Asset Backed Securities With Deterioration In Future Estimated Cash Flows
NumberOfAssetBackedSecuritiesWithDeteriorationInFutureEstimatedCashFlows
4 assetBackedSecurity
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
175 security
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
175 security
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
117 security
CY2022Q1 cubi Number Of Asset Backed Securities With Deterioration In Future Estimated Cash Flows
NumberOfAssetBackedSecuritiesWithDeteriorationInFutureEstimatedCashFlows
4 assetBackedSecurity
CY2022Q1 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
16900000 USD
CY2021Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
11300000 USD
CY2022Q1 cubi Loans Receivable Held For Sale Net Not Part Of Disposal Group Consumer Home Equity1
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupConsumerHomeEquity1
507000 USD
CY2021Q4 cubi Loans Receivable Held For Sale Net Not Part Of Disposal Group Consumer Home Equity1
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupConsumerHomeEquity1
507000 USD
CY2022Q1 cubi Loans Receivable Held For Sale Net Not Part Of Disposal Group Mortgage1
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage1
2496000 USD
CY2021Q4 cubi Loans Receivable Held For Sale Net Not Part Of Disposal Group Mortgage1
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage1
15747000 USD
CY2022Q1 cubi Loans Receivable Held For Sale Net Not Part Of Disposal Group Consumer
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupConsumer
3003000 USD
CY2021Q4 cubi Loans Receivable Held For Sale Net Not Part Of Disposal Group Consumer
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupConsumer
16254000 USD
CY2022Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3003000 USD
CY2021Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
16254000 USD
CY2021Q4 cubi Loans Held For Sale Including Nonperforming Loans
LoansHeldForSaleIncludingNonperformingLoans
500000 USD
CY2022Q1 cubi Loans Held For Sale Including Nonperforming Loans
LoansHeldForSaleIncludingNonperformingLoans
500000 USD
CY2022Q1 cubi Loansreceivablemortgagewarehouse
Loansreceivablemortgagewarehouse
1755758000 USD
CY2021Q4 cubi Loansreceivablemortgagewarehouse
Loansreceivablemortgagewarehouse
2284325000 USD
CY2022Q1 cubi Financing Receivable Before Allowance For Credit Loss Payment Protection Program Cares Act
FinancingReceivableBeforeAllowanceForCreditLossPaymentProtectionProgramCARESAct
2195902000 USD
CY2021Q4 cubi Financing Receivable Before Allowance For Credit Loss Payment Protection Program Cares Act
FinancingReceivableBeforeAllowanceForCreditLossPaymentProtectionProgramCARESAct
3250008000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
10118855000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
9018298000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
145847000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
137804000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
13924668000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
14414827000 USD
CY2022Q1 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-22800000 USD
CY2022Q1 us-gaap Financing Receivable Threshold Period Past Due
FinancingReceivableThresholdPeriodPastDue
P30D
CY2022Q1 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Purchase Price
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtPurchasePrice
9400000 USD
CY2021Q4 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Purchase Price
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtPurchasePrice
9900000 USD
CY2021Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-52000000.0 USD
CY2022Q1 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
80700000 USD
CY2021Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
81600000 USD
CY2022Q1 cubi Loans Held For Sale Average Life From Purchase To Sale
LoansHeldForSaleAverageLifeFromPurchaseToSale
P30D
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
10118855000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
9018298000 USD
CY2022Q1 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
34976000 USD
CY2022Q1 cubi Financing Receivable Nonaccrual With Allowance
FinancingReceivableNonaccrualWithAllowance
8295000 USD
CY2022Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
43271000 USD
CY2021Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
41508000 USD
CY2021Q4 cubi Financing Receivable Nonaccrual With Allowance
FinancingReceivableNonaccrualWithAllowance
7605000 USD
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
49113000 USD
CY2022Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
0 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
137804000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
9170000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1944000 USD
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
15269000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
145847000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
144176000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
14646000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
2125000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-2919000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
128736000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
145800000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
8000000 USD
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
137800000 USD
CY2022Q1 cubi Loans Receivables Gross Troubled Debt Restructurings
LoansReceivablesGrossTroubledDebtRestructurings
16600000 USD
CY2021Q4 cubi Loans Receivables Gross Troubled Debt Restructurings
LoansReceivablesGrossTroubledDebtRestructurings
16500000 USD
CY2022Q1 cubi Financing Receivable Impairment Minimum Performance Requirement Period
FinancingReceivableImpairmentMinimumPerformanceRequirementPeriod
P6M
CY2021Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
0 USD
CY2022Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
42 loan
CY2022Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
797000 USD
CY2021Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
28 loan
CY2021Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
725000 USD
CY2022Q1 cubi Number Of Commitments To Lend Additional Funds For Troubled Debt Restructurings
NumberOfCommitmentsToLendAdditionalFundsForTroubledDebtRestructurings
0 commitment
CY2021Q4 cubi Number Of Commitments To Lend Additional Funds For Troubled Debt Restructurings
NumberOfCommitmentsToLendAdditionalFundsForTroubledDebtRestructurings
0 commitment
CY2022Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
24 loan
CY2022Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
325000 USD
CY2021Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
20 loan
CY2021Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
20 loan
CY2021Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
354000 USD
CY2021Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
354000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
1859044000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
2531304000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
1003906000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
834756000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
413764000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
1721340000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
1754741000 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
0 USD
CY2022Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
10118855000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
2885998000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
1162342000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
983444000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
553607000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
732071000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
1103651000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving
FinancingReceivableExcludingAccruedInterestRevolving
1597185000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
0 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
9018298000 USD
CY2022Q1 us-gaap Financing Receivable Significant Purchases
FinancingReceivableSignificantPurchases
206330000 USD
CY2021Q1 us-gaap Financing Receivable Significant Purchases
FinancingReceivableSignificantPurchases
115849000 USD
CY2022Q1 us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
14281000 USD
CY2021Q1 us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
39534000 USD
CY2022Q1 cubi Loans Heldforinvestment Purchase Priceasa Percentageof Loans Outstanding
LoansHeldforinvestmentPurchasePriceasaPercentageofLoansOutstanding
0.981
CY2021Q1 cubi Loans Heldforinvestment Purchase Priceasa Percentageof Loans Outstanding
LoansHeldforinvestmentPurchasePriceasaPercentageofLoansOutstanding
1.010
CY2022Q1 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
2100000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
1600000 USD
CY2022Q1 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
3600000000 USD
CY2021Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
3700000000 USD
CY2022Q1 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P15Y
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12364000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12677000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
14003000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
14524000 USD
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
998000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1117000 USD
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
0 USD
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
0 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3238000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4018000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2991000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2060000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1125000 USD
CY2022Q1 cubi Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
1791000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
15223000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1220000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
14003000 USD
CY2022Q1 cubi Operating Lease Lease Not Yet Commenced Liability
OperatingLeaseLeaseNotYetCommencedLiability
7100000 USD
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1200000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1100000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y10M24D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0282
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0274
CY2022Q1 us-gaap Direct Financing Lease Lease Receivable
DirectFinancingLeaseLeaseReceivable
139203000 USD
CY2021Q4 us-gaap Direct Financing Lease Lease Receivable
DirectFinancingLeaseLeaseReceivable
134855000 USD
CY2022Q1 us-gaap Direct Financing Lease Residual Value Of Leased Asset
DirectFinancingLeaseResidualValueOfLeasedAsset
11631000 USD
CY2021Q4 us-gaap Direct Financing Lease Residual Value Of Leased Asset
DirectFinancingLeaseResidualValueOfLeasedAsset
11397000 USD
CY2022Q1 us-gaap Direct Financing Lease Unguaranteed Residual Asset
DirectFinancingLeaseUnguaranteedResidualAsset
5820000 USD
CY2021Q4 us-gaap Direct Financing Lease Unguaranteed Residual Asset
DirectFinancingLeaseUnguaranteedResidualAsset
5665000 USD
CY2022Q1 cubi Direct Financing Lease Deferred Initial Direct Costs
DirectFinancingLeaseDeferredInitialDirectCosts
623000 USD
CY2022Q1 us-gaap Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
151360000 USD
CY2021Q4 us-gaap Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
146982000 USD
CY2021Q4 cubi Direct Financing Lease Deferred Initial Direct Costs
DirectFinancingLeaseDeferredInitialDirectCosts
448000 USD
CY2022Q1 us-gaap Direct Financing Lease Deferred Selling Profit
DirectFinancingLeaseDeferredSellingProfit
5917000 USD
CY2021Q4 us-gaap Direct Financing Lease Deferred Selling Profit
DirectFinancingLeaseDeferredSellingProfit
5383000 USD
CY2022Q1 cubi Operating Lease Investmentin Lease Gross
OperatingLeaseInvestmentinLeaseGross
159177000 USD
CY2021Q4 cubi Operating Lease Investmentin Lease Gross
OperatingLeaseInvestmentinLeaseGross
158135000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
43802000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
40749000 USD
CY2022Q1 cubi Operating Lease Deferred Initial Direct Costs
OperatingLeaseDeferredInitialDirectCosts
809000 USD
CY2021Q4 cubi Operating Lease Deferred Initial Direct Costs
OperatingLeaseDeferredInitialDirectCosts
872000 USD
CY2022Q1 cubi Operating Lease Net Investmentin Lease
OperatingLeaseNetInvestmentinLease
116184000 USD
CY2021Q4 cubi Operating Lease Net Investmentin Lease
OperatingLeaseNetInvestmentinLease
118258000 USD
CY2022Q1 cubi Net Investmentin Direct Financingand Operating Leases
NetInvestmentinDirectFinancingandOperatingLeases
267544000 USD
CY2021Q4 cubi Net Investmentin Direct Financingand Operating Leases
NetInvestmentinDirectFinancingandOperatingLeases
265240000 USD
CY2022Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
0 USD
CY2022Q1 cubi Federal Home Loan Bank Advances Short Term Interest Rate
FederalHomeLoanBankAdvancesShortTermInterestRate
0
CY2021Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
700000000 USD
CY2021Q4 cubi Federal Home Loan Bank Advances Short Term Interest Rate
FederalHomeLoanBankAdvancesShortTermInterestRate
0.0026
CY2022Q1 us-gaap Federal Funds Purchased
FederalFundsPurchased
700000000 USD
CY2021Q3 cubi Stock Repurchase Program Number Of Shares Authorized To Be Repurchased Percent Of Outstanding Shares
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchasedPercentOfOutstandingShares
0.10
CY2021Q3 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P1Y
CY2022Q1 cubi Federal Funds Purchased Interest Rate
FederalFundsPurchasedInterestRate
0.0040
CY2021Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
75000000 USD
CY2021Q4 cubi Federal Funds Purchased Interest Rate
FederalFundsPurchasedInterestRate
0.0005
CY2022Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
700000000 USD
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
775000000 USD
CY2022Q1 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Maximum Amount Available
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresMaximumAmountAvailable
3337211000 USD
CY2021Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Maximum Amount Available
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresMaximumAmountAvailable
2973635000 USD
CY2022Q1 cubi Federal Reserve Bank Maximum Amount Available
FederalReserveBankMaximumAmountAvailable
214908000 USD
CY2021Q4 cubi Federal Reserve Bank Maximum Amount Available
FederalReserveBankMaximumAmountAvailable
183052000 USD
CY2022Q1 us-gaap Pledged Financial Instruments Not Separately Reported Loans Receivable Pledged As Collateral
PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral
4218252000 USD
CY2021Q4 us-gaap Pledged Financial Instruments Not Separately Reported Loans Receivable Pledged As Collateral
PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral
3594339000 USD
CY2021Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
3235326 shares
CY2022Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
115324 shares
CY2022Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
6300000 USD
CY2022Q1 cubi Preferred Stock Numberof Series Outstanding
PreferredStockNumberofSeriesOutstanding
2 series
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5700000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5700000 shares
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
137794000 USD
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
137794000 USD
CY2022Q1 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
1344684000 USD
CY2022Q1 cubi Tier One Common Capitalto Risk Weighted Assets
TierOneCommonCapitaltoRiskWeightedAssets
0.09893
CY2022Q1 us-gaap Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
611629000 USD
CY2022Q1 cubi Tier One Common Capital Requiredfor Capital Adequacyto Risk Weighted Assets
TierOneCommonCapitalRequiredforCapitalAdequacytoRiskWeightedAssets
0.04500
CY2022Q1 cubi Common Equity Tier One Capital Requiredfor Basel Iii
CommonEquityTierOneCapitalRequiredforBaselIII
951423000 USD
CY2022Q1 cubi Tier One Common Capital Requiredfor Basel Ii Ito Risk Weighted Assets
TierOneCommonCapitalRequiredforBaselIIItoRiskWeightedAssets
0.07000
CY2022Q1 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
1482477000 USD
CY2022Q1 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.10907
CY2022Q1 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
815505000 USD
CY2022Q1 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.06000
CY2022Q1 cubi Tier One Risk Based Capital Requiredfor Basel Iii
TierOneRiskBasedCapitalRequiredforBaselIII
1155299000 USD
CY2022Q1 cubi Tier One Risk Based Capital Requiredfor Basel Ii Ito Risk Weighted Assets
TierOneRiskBasedCapitalRequiredforBaselIIItoRiskWeightedAssets
0.08500
CY2022Q1 us-gaap Capital
Capital
1749655000 USD
CY2022Q1 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.12873
CY2022Q1 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
1087340000 USD
CY2022Q1 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.08000
CY2022Q1 cubi Capital Requiredfor Basel Iii
CapitalRequiredforBaselIII
1427134000 USD
CY2022Q1 cubi Capital Requiredfor Basel Ii Ito Risk Weighted Assets
CapitalRequiredforBaselIIItoRiskWeightedAssets
0.10500
CY2022Q1 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
1482477000 USD
CY2022Q1 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.07723
CY2022Q1 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
767836000 USD
CY2022Q1 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.04000
CY2022Q1 cubi Tier One Leverage Capital Requiredfor Basel Iii
TierOneLeverageCapitalRequiredforBaselIII
767836000 USD
CY2022Q1 cubi Tier One Leverage Capital Requiredfor Basel Ii Ito Average Assets
TierOneLeverageCapitalRequiredforBaselIIItoAverageAssets
0.04000
CY2021Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
1291270000 USD
CY2021Q4 cubi Tier One Common Capitalto Risk Weighted Assets
TierOneCommonCapitaltoRiskWeightedAssets
0.09981
CY2021Q4 us-gaap Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
582179000 USD
CY2021Q4 cubi Tier One Common Capital Requiredfor Capital Adequacyto Risk Weighted Assets
TierOneCommonCapitalRequiredforCapitalAdequacytoRiskWeightedAssets
0.04500
CY2021Q4 cubi Common Equity Tier One Capital Requiredfor Basel Iii
CommonEquityTierOneCapitalRequiredforBaselIII
905611000 USD
CY2021Q4 cubi Tier One Common Capital Requiredfor Basel Ii Ito Risk Weighted Assets
TierOneCommonCapitalRequiredforBaselIIItoRiskWeightedAssets
0.07000
CY2021Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
1429063000 USD
CY2021Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.11046
CY2021Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
776238000 USD
CY2021Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.06000
CY2021Q4 cubi Tier One Risk Based Capital Requiredfor Basel Iii
TierOneRiskBasedCapitalRequiredforBaselIII
1099671000 USD
CY2021Q4 cubi Tier One Risk Based Capital Requiredfor Basel Ii Ito Risk Weighted Assets
TierOneRiskBasedCapitalRequiredforBaselIIItoRiskWeightedAssets
0.08500
CY2021Q4 us-gaap Capital
Capital
1667395000 USD
CY2021Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.12888
CY2021Q4 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
1034984000 USD
CY2021Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.08000
CY2021Q4 cubi Capital Requiredfor Basel Iii
CapitalRequiredforBaselIII
1358417000 USD
CY2021Q4 cubi Capital Requiredfor Basel Ii Ito Risk Weighted Assets
CapitalRequiredforBaselIIItoRiskWeightedAssets
0.10500
CY2021Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
1429063000 USD
CY2021Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.07413
CY2021Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
771084000 USD
CY2021Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.04000
CY2021Q4 cubi Tier One Leverage Capital Requiredfor Basel Iii
TierOneLeverageCapitalRequiredforBaselIII
771084000 USD
CY2021Q4 cubi Tier One Leverage Capital Requiredfor Basel Ii Ito Average Assets
TierOneLeverageCapitalRequiredforBaselIIItoAverageAssets
0.04000
CY2022Q1 cubi Capital Conservation Bufferto Risk Weighted Assets Year Fourand Thereafter
CapitalConservationBuffertoRiskWeightedAssetsYearFourandThereafter
0.02500
CY2022Q1 cubi Loans Held For Sale Average Life From Purchase To Sale
LoansHeldForSaleAverageLifeFromPurchaseToSale
P30D
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
274600000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
274600000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
4144029000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
4144029000 USD
CY2022Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3003000 USD
CY2022Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
3003000 USD
CY2022Q1 cubi Loans Receivable Mortgage Warehouse And Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Including Payment Protection Program Cares Act
LoansReceivableMortgageWarehouseAndFinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossIncludingPaymentProtectionProgramCARESAct
13924668000 USD
CY2022Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
13571137000 USD
CY2022Q1 us-gaap Derivative Assets
DerivativeAssets
21954000 USD
CY2022Q1 us-gaap Derivative Assets
DerivativeAssets
21954000 USD
CY2022Q1 us-gaap Deposits
Deposits
16415560000 USD
CY2022Q1 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
16343932000 USD
CY2022Q1 us-gaap Federal Funds Purchased
FederalFundsPurchased
700000000 USD
CY2022Q1 us-gaap Federal Funds Purchased Fair Value Disclosure
FederalFundsPurchasedFairValueDisclosure
700000000 USD
CY2022Q1 us-gaap Other Borrowings
OtherBorrowings
223230000 USD
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
27295000 USD
CY2022Q1 cubi Borrowings Fair Value Disclosure
BorrowingsFairValueDisclosure
219130000 USD
CY2022Q1 us-gaap Subordinated Debt
SubordinatedDebt
181742000 USD
CY2022Q1 cubi Subordinated Debt Fair Value Disclosure
SubordinatedDebtFairValueDisclosure
196482000 USD
CY2022Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
18370000 USD
CY2022Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
18370000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
518032000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
518032000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
3791575000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
3791575000 USD
CY2021Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
16254000 USD
CY2021Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
16254000 USD
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
14414827000 USD
CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
14207811000 USD
CY2021Q4 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
64584000 USD
CY2021Q4 cubi Federal Home Loan Bank Stock And Federal Reserve Bank Stock Fair Value
FederalHomeLoanBankStockAndFederalReserveBankStockFairValue
64584000 USD
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
27295000 USD
CY2021Q4 us-gaap Deposits
Deposits
16777924000 USD
CY2021Q4 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
16777236000 USD
CY2021Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
75000000 USD
CY2021Q4 us-gaap Federal Funds Purchased Fair Value Disclosure
FederalFundsPurchasedFairValueDisclosure
75000000 USD
CY2021Q4 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Advances By Branch
FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch
700000000 USD
CY2021Q4 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
700000000 USD
CY2021Q4 us-gaap Other Borrowings
OtherBorrowings
223086000 USD
CY2021Q4 cubi Borrowings Fair Value Disclosure
BorrowingsFairValueDisclosure
226585000 USD
CY2021Q4 us-gaap Subordinated Debt
SubordinatedDebt
181673000 USD
CY2021Q4 cubi Subordinated Debt Fair Value Disclosure
SubordinatedDebtFairValueDisclosure
204782000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
26544000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
26544000 USD
CY2022Q1 cubi Derivative Net Asset Position Aggregate Fair Value
DerivativeNetAssetPositionAggregateFairValue
9600000 USD
CY2022Q1 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
LOSS CONTINGENCIES<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Management does not believe there are any such matters that will have a material effect on the consolidated financial statements that are not currently accrued for. However, in light of the uncertainties inherent in these matters, it is possible that the ultimate resolution may have a material adverse effect on Customers’ results of operations for a particular period, and future changes in circumstances or additional information could result in accruals or resolution in excess of established accruals, which could adversely affect Customers’ results of operations, potentially materially.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Specialty’s Café Bakery, Inc. Matter</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 27, 2020, the appointed Chapter 7 Trustee for Specialty’s Café Bakery, Inc. (“Debtor”) filed a voluntary petition for relief under Chapter 7 of the Bankruptcy Code in the United States Bankruptcy Court for the Central District of California. On October 28, 2020, the Trustee, as plaintiff, filed her amended adversary complaint (“Adversary Complaint”) against the Bank and the SBA seeking to avoid and recover for the benefit of the Debtor’s estate and its creditors the payment made by the Debtor to the Bank in the amount of $8.1 million in satisfaction of a PPP loan made by the Bank to the Debtor (the “PPP Loan Payment”). The Trustee sought to avoid and recover the entire PPP Loan Payment from the Bank under the authority provided in 11 U.S.C. §547 and §550, which together permit a trustee of a bankruptcy debtor to avoid and recover, for a more equitable distribution among all creditors, certain transfers made within ninety (90) days before the filing of the bankruptcy petition. On December 2, 2021, the Bank filed a motion for summary judgement, arguing that the Trustee had failed to establish the elements under 11 U.S.C. §547 necessary to recover the PPP Loan Payment and other affirmative defenses to any such recovery. On February 2, 2022, the United States Bankruptcy Court for the Central District of California granted the Bank’s motion for summary judgment, finding that the PPP Loan Payment was not recoverable by the Trustee. The Trustee has elected not to appeal this decision and, on February 23, 2022, the case against the Bank was closed by the United States Bankruptcy Court for the Central District of California.</span></div>

Files In Submission

Name View Source Status
0001488813-22-000048-index-headers.html Edgar Link pending
0001488813-22-000048-index.html Edgar Link pending
0001488813-22-000048.txt Edgar Link pending
0001488813-22-000048-xbrl.zip Edgar Link pending
cubi-20220331.htm Edgar Link pending
cubi-20220331.xsd Edgar Link pending
cubi-20220331_cal.xml Edgar Link unprocessable
cubi-20220331_def.xml Edgar Link unprocessable
cubi-20220331_g1.jpg Edgar Link pending
cubi-20220331_htm.xml Edgar Link completed
cubi-20220331_lab.xml Edgar Link unprocessable
cubi-20220331_pre.xml Edgar Link unprocessable
ex-3113_31x2022.htm Edgar Link pending
ex-3123_31x2022.htm Edgar Link pending
ex-3213_31x2022.htm Edgar Link pending
ex-3223_31x2022.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending