Call reports 2003
METROPOLITAN COMMERCIAL BANK — 2003
What METROPOLITAN COMMERCIAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 189,344,000 | 194,550,000 | 204,666,000 | 223,710,000 |
| Total loans | 130,621,000 | 136,007,000 | 150,427,000 | 173,437,000 |
| Allowance for loan losses | 936,000 | 992,000 | 1,057,000 | 1,194,000 |
| Securities available for sale | 16,625,000 | 15,575,000 | 15,250,000 | 14,130,000 |
| Securities held to maturity | 4,513,000 | 4,013,000 | 14,000 | 14,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,694,000 | 160,004,000 | 169,148,000 | 186,667,000 |
| Interest-bearing deposits | 147,979,000 | 150,452,000 | 161,399,000 | 178,848,000 |
| Noninterest-bearing deposits | 9,715,000 | 9,552,000 | 7,749,000 | 7,819,000 |
| Equity capital | 29,017,000 | 31,997,000 | 32,531,000 | 33,391,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,482,000 | 4,968,000 | 7,499,000 | 10,362,000 |
| Interest expense | 1,165,000 | 2,323,000 | 3,495,000 | 4,677,000 |
| Net interest income | 1,317,000 | 2,645,000 | 4,004,000 | 5,685,000 |
| Noninterest income | 2,509,000 | 5,073,000 | 7,599,000 | 10,317,000 |
| Noninterest expense | 2,860,000 | 5,866,000 | 9,032,000 | 12,233,000 |
| Provision for loan losses | 36,000 | 92,000 | 157,000 | 294,000 |
| Pretax income | 930,000 | 1,760,000 | 2,414,000 | 3,475,000 |
| Income tax | 169,000 | 319,000 | 439,000 | 640,000 |
| Net income | 761,000 | 1,441,000 | 1,975,000 | 2,835,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,060,000 | 21,897,000 | 22,430,000 | 23,292,000 |
| Total capital | 19,996,000 | 22,888,000 | 23,487,000 | 24,486,000 |
| Risk-weighted assets | 154,460,000 | 163,751,000 | 181,535,000 | 195,547,000 |