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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Interest income:    
Loans receivable $ 43,093us-gaap_InterestAndFeeIncomeLoansAndLeases $ 28,355us-gaap_InterestAndFeeIncomeLoansAndLeases
Loans held for sale 10,900us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale 5,083us-gaap_InterestAndFeeIncomeLoansAndLeasesHeldForSale
Investment securities 2,363us-gaap_InterestAndDividendIncomeSecurities 3,040us-gaap_InterestAndDividendIncomeSecurities
Other 2,362us-gaap_OtherInterestAndDividendIncome 396us-gaap_OtherInterestAndDividendIncome
Interest expense: 58,718us-gaap_InterestAndDividendIncomeOperating 36,874us-gaap_InterestAndDividendIncomeOperating
Interest expense:    
Deposits 7,526us-gaap_InterestExpenseDeposits 5,415us-gaap_InterestExpenseDeposits
Other borrowings 1,488us-gaap_InterestExpenseOtherLongTermDebt 1,155us-gaap_InterestExpenseOtherLongTermDebt
FHLB advances 1,689us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm 496us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
Subordinated debt 1,685us-gaap_InterestExpenseSubordinatedNotesAndDebentures 16us-gaap_InterestExpenseSubordinatedNotesAndDebentures
Total interest expense 12,388us-gaap_InterestExpense 7,082us-gaap_InterestExpense
Net interest income 46,330us-gaap_InterestIncomeExpenseNet 29,792us-gaap_InterestIncomeExpenseNet
Provision for loan losses 2,964us-gaap_ProvisionForLoanAndLeaseLosses 4,368us-gaap_ProvisionForLoanAndLeaseLosses
Net interest income after provision for loan losses 43,366us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 25,424us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Non-interest income:    
Mortgage warehouse transactional fees 2,273cubi_FeesMortgageWarehouseLending 1,759cubi_FeesMortgageWarehouseLending
Gain on sale of loans 1,231us-gaap_GainLossOnSalesOfLoansNet 0us-gaap_GainLossOnSalesOfLoansNet
Bank-owned life insurance 1,061us-gaap_BankOwnedLifeInsuranceIncome 835us-gaap_BankOwnedLifeInsuranceIncome
Deposit fees 179us-gaap_FeesAndCommissionsDepositorAccounts 214us-gaap_FeesAndCommissionsDepositorAccounts
Gain on sale of investment securities 151us-gaap_FeesAndCommissionsMortgageBankingAndServicing 409us-gaap_FeesAndCommissionsMortgageBankingAndServicing
Gain on sale of investment securities 0us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet 2,832us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet
Other 838us-gaap_NoninterestIncomeOtherOperatingIncome 1,261us-gaap_NoninterestIncomeOtherOperatingIncome
Total non-interest income 5,733us-gaap_NoninterestIncome 7,310us-gaap_NoninterestIncome
Non-interest expense:    
Salaries and employee benefits 13,952us-gaap_LaborAndRelatedExpense 9,351us-gaap_LaborAndRelatedExpense
FDIC assessments, taxes, and regulatory fees 3,278cubi_FdicAssessmentsTaxesAndRegulatoryFees 2,131cubi_FdicAssessmentsTaxesAndRegulatoryFees
Occupancy 3,078us-gaap_OccupancyNet 2,637us-gaap_OccupancyNet
Professional services 1,913us-gaap_ProfessionalFees 2,282us-gaap_ProfessionalFees
Technology, communications and bank operations 1,554us-gaap_CommunicationsAndInformationTechnology 1,560us-gaap_CommunicationsAndInformationTechnology
Other real estate owned 884us-gaap_ForeclosedRealEstateExpense 351us-gaap_ForeclosedRealEstateExpense
Advertising and promotion 347us-gaap_MarketingAndAdvertisingExpense 414us-gaap_MarketingAndAdvertisingExpense
Loan workout 269cubi_LoanWorkout 441cubi_LoanWorkout
Other 2,190us-gaap_OtherNoninterestExpense 2,002us-gaap_OtherNoninterestExpense
Total non-interest expense 27,465us-gaap_NoninterestExpense 21,169us-gaap_NoninterestExpense
Income before income tax expense 21,634us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 11,565us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 7,682us-gaap_IncomeTaxExpenseBenefit 3,429us-gaap_IncomeTaxExpenseBenefit
Net income $ 13,952us-gaap_NetIncomeLoss $ 8,136us-gaap_NetIncomeLoss
Basic earnings per share $ 0.52us-gaap_EarningsPerShareBasic [1] $ 0.30us-gaap_EarningsPerShareBasic [1]
Diluted earnings per share $ 0.49us-gaap_EarningsPerShareDiluted [1] $ 0.29us-gaap_EarningsPerShareDiluted [1]
[1] Earnings per share amounts for the three months ended March 31, 2014 have been adjusted to reflect the 10% stock dividend declared on May 15, 2014 and issued on June 30, 2014.