Call reports 2001
METROPOLITAN COMMERCIAL BANK — 2001
What METROPOLITAN COMMERCIAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 47,819,000 | 64,966,000 | 73,359,000 | 81,731,000 |
| Total loans | 31,159,000 | 42,066,000 | 47,375,000 | 57,298,000 |
| Allowance for loan losses | 162,000 | 217,000 | 250,000 | 942,000 |
| Securities available for sale | 9,200,000 | 11,881,000 | 12,655,000 | 12,668,000 |
| Securities held to maturity | 4,989,000 | 8,994,000 | 10,990,000 | 7,997,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,872,000 | 57,454,000 | 61,258,000 | 69,869,000 |
| Interest-bearing deposits | 37,197,000 | 53,385,000 | 57,572,000 | 65,444,000 |
| Noninterest-bearing deposits | 2,675,000 | 4,069,000 | 3,686,000 | 4,425,000 |
| Equity capital | 7,433,000 | 7,112,000 | 10,069,000 | 11,170,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,124,000 | 2,292,000 | 3,529,000 | 4,732,000 |
| Interest expense | 600,000 | 1,224,000 | 1,918,000 | 2,618,000 |
| Net interest income | 524,000 | 1,068,000 | 1,611,000 | 2,114,000 |
| Noninterest income | 22,000 | 118,000 | 161,000 | 290,000 |
| Noninterest expense | 563,000 | 1,466,000 | 2,576,000 | 3,758,000 |
| Provision for loan losses | 18,000 | 73,000 | 106,000 | 798,000 |
| Pretax income | -35,000 | -353,000 | -910,000 | -2,152,000 |
| Income tax | 3,000 | 6,000 | 10,000 | 14,000 |
| Net income | -38,000 | -359,000 | -920,000 | -2,166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,433,000 | 7,112,000 | 9,930,000 | 11,031,000 |
| Total capital | 7,595,000 | 7,329,000 | 10,180,000 | 11,911,000 |
| Risk-weighted assets | 40,496,000 | 55,416,000 | 62,562,000 | 70,333,000 |