Call reports 2008
METROPOLITAN COMMERCIAL BANK — 2008
What METROPOLITAN COMMERCIAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 506,328,000 | 532,296,000 | 566,424,000 | 582,107,000 |
| Total loans | 430,966,000 | 457,736,000 | 487,771,000 | 495,057,000 |
| Allowance for loan losses | 4,412,000 | 4,457,000 | 4,712,000 | 4,952,000 |
| Securities available for sale | 32,749,000 | 31,877,000 | 18,159,000 | 696,000 |
| Securities held to maturity | 36,000 | 37,000 | 37,000 | 9,996,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 381,179,000 | 400,342,000 | 420,546,000 | 441,618,000 |
| Interest-bearing deposits | 361,236,000 | 377,511,000 | 398,561,000 | 417,644,000 |
| Noninterest-bearing deposits | 19,943,000 | 22,831,000 | 21,985,000 | 23,974,000 |
| Equity capital | 64,575,000 | 64,566,000 | 64,943,000 | 65,347,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 8,133,000 | 16,471,000 | 25,186,000 | 34,041,000 |
| Interest expense | 4,333,000 | 8,577,000 | 12,860,000 | 17,106,000 |
| Net interest income | 3,800,000 | 7,894,000 | 12,326,000 | 16,935,000 |
| Noninterest income | 2,732,000 | 5,352,000 | 7,650,000 | 9,922,000 |
| Noninterest expense | 6,150,000 | 12,195,000 | 18,169,000 | 24,439,000 |
| Provision for loan losses | 302,000 | 629,000 | 884,000 | 1,124,000 |
| Pretax income | 80,000 | 676,000 | 1,177,000 | 1,796,000 |
| Income tax | 49,000 | 331,000 | 564,000 | 809,000 |
| Net income | 31,000 | 345,000 | 613,000 | 987,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,408,000 | 53,726,000 | 53,992,000 | 54,377,000 |
| Total capital | 57,820,000 | 58,184,000 | 58,704,000 | 59,329,000 |
| Risk-weighted assets | 434,713,000 | 457,272,000 | 473,874,000 | 477,237,000 |