Customers Bancorp (CUBI) 10-Q2020 Q1 Quarterly report

Filed: 11 May 20, 5:32pm

Content analysis

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Uncertain
Constraining
Legalese
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Readability	H.S. sophomore Bad

New words: Abandonment, ACL, aforementioned, AFS, aid, arrive, Baseline, BBB, behalf, behavior, bond, breaking, Bruyette, build, building, burden, cancellable, careful, certainty, coinciding, comparison, composed, confirmed, coupled, creation, cumulative, DCF, decided, declared, deep, deferral, delay, deliberate, derecognizing, difficulty, disagreed, Disease, disregard, disrupted, disruption, distancing, divest, divestiture, ease, economy, elevated, emergence, emergency, enacted, encouraged, exhausted, expressed, FBR, Fed, footage, footprint, foregoing, forma, forward, furnished, gas, GDP, governmental, hardship, health, imprecise, instructing, integrate, Intercept, Joint, judgement, Keefe, lead, LIBOR, lose, magnitude, Moody, Motion, necessitated, niche, noncredit, northern, Obstruct, oil, outbreak, pace, pandemic, Paycheck, payroll, PCD, penalty, political, poor, portrayal, PPP, precision, Prejudice, pro, processed, profile, rapidly, recession, remix, remotely, ReportingIssued, Restated, Restatement, revert, rule, scenario, score, shelter, sheltering, social, space, spending, sponsorship, square, statistical, strength, student, subdivision, suitable, temper, temporarily, temporary, Terrorism, thereto, timeframe, travel, turn, unconditionally, undrawn, unemployment, unprecedented, urgent, usage, viable, workforce, World, worse

Removed: accretable, accurately, agree, analyzing, Andrew, art, assist, assurance, avoid, beta, Bowman, Brian, callable, cautioned, comparative, consortium, conspired, consumed, conversion, core, creating, deemphasizing, defamation, depository, earlier, earliest, Ehst, Elizabeth, embedded, emotional, equal, evaluate, expansion, expensive, expired, false, feature, fourth, freestanding, governance, grant, grantor, Halbreiner, hindsight, identifiable, improper, improved, indexed, infliction, infrastructure, Intelligence, interference, Jastrem, Jay, Jr, July, launched, Lieber, limitation, live, merger, misuse, national, negligent, nonaccretable, obligated, occurrence, occurring, OCI, offering, originally, OTTI, oversight, parallel, pattern, perspective, phase, planned, profitable, projected, publicly, recipient, reclassification, recognize, release, reliance, remained, removal, rent, replace, retain, Richard, Romig, round, Schaffer, Sidhu, sufficient, tangible, targeting, tech, terminology, test, thereof, threshold, Timothy, today, Trial, unanticipated, undue, unknown, utilize, vendor, Zardecki

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Exhibit 32.1

Certification Pursuant to 18 U.S.C. Section 1350,

as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the quarterly report of Customers Bancorp, Inc. (the “Corporation”) on Form 10-Q for the period ended March 31, 2020, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Jay S. Sidhu, Chairman and Chief Executive Officer of the Corporation, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge and belief:

(1)The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Corporation.


Date: May 11, 2020						/s/ Jay S. Sidhu
						Jay S. Sidhu, Chairman and Chief Executive Officer (Principal Executive Officer)