Call reports 2002
METROPOLITAN COMMERCIAL BANK — 2002
What METROPOLITAN COMMERCIAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 98,196,000 | 104,466,000 | 114,640,000 | 148,470,000 |
| Total loans | 62,267,000 | 79,422,000 | 94,648,000 | 125,743,000 |
| Allowance for loan losses | 343,000 | 487,000 | 676,000 | 900,000 |
| Securities available for sale | 17,420,000 | 5,172,000 | 11,168,000 | 16,674,000 |
| Securities held to maturity | 13,989,000 | 15,004,000 | 3,012,000 | 13,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,005,000 | 83,730,000 | 94,278,000 | 128,224,000 |
| Interest-bearing deposits | 73,901,000 | 79,121,000 | 89,215,000 | 120,408,000 |
| Noninterest-bearing deposits | 13,103,000 | 4,609,000 | 5,063,000 | 7,816,000 |
| Equity capital | 10,524,000 | 19,940,000 | 19,664,000 | 19,396,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,295,000 | 2,795,000 | 4,577,000 | 6,706,000 |
| Interest expense | 695,000 | 1,442,000 | 2,236,000 | 3,170,000 |
| Net interest income | 600,000 | 1,353,000 | 2,341,000 | 3,536,000 |
| Noninterest income | 118,000 | 204,000 | 288,000 | 404,000 |
| Noninterest expense | 1,315,000 | 2,789,000 | 3,942,000 | 5,289,000 |
| Provision for loan losses | 44,000 | 188,000 | 377,000 | 601,000 |
| Pretax income | -641,000 | -1,420,000 | -1,690,000 | -1,950,000 |
| Income tax | 5,000 | 10,000 | 16,000 | 24,000 |
| Net income | -646,000 | -1,430,000 | -1,706,000 | -1,974,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,386,000 | 19,801,000 | 19,525,000 | 19,396,000 |
| Total capital | 10,729,000 | 20,288,000 | 20,201,000 | 20,296,000 |
| Risk-weighted assets | 83,257,000 | 94,404,000 | 96,973,000 | 138,833,000 |