Call reports 2014
METROPOLITAN COMMERCIAL BANK — 2014
What METROPOLITAN COMMERCIAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 662,719,000 | 690,435,000 | 757,358,000 | 766,506,000 |
| Total loans | 533,068,000 | 559,821,000 | 595,360,000 | 635,328,000 |
| Allowance for loan losses | 7,633,000 | 7,823,000 | 7,538,000 | 7,915,000 |
| Securities available for sale | 62,498,000 | 62,569,000 | 59,670,000 | 57,596,000 |
| Securities held to maturity | 105,000 | 106,000 | 106,000 | 97,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 499,787,000 | 530,033,000 | 586,722,000 | 618,174,000 |
| Interest-bearing deposits | 413,722,000 | 415,804,000 | 453,258,000 | 451,936,000 |
| Noninterest-bearing deposits | 86,066,000 | 114,229,000 | 133,464,000 | 166,239,000 |
| Equity capital | 80,039,000 | 80,846,000 | 81,512,000 | 78,943,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 6,230,000 | 12,978,000 | 20,323,000 | 27,484,000 |
| Interest expense | 1,114,000 | 2,229,000 | 3,353,000 | 4,489,000 |
| Net interest income | 5,116,000 | 10,749,000 | 16,970,000 | 22,995,000 |
| Noninterest income | 1,560,000 | 3,101,000 | 4,854,000 | 7,964,000 |
| Noninterest expense | 6,160,000 | 12,437,000 | 19,303,000 | 26,136,000 |
| Provision for loan losses | 120,000 | 310,000 | 25,000 | 392,000 |
| Pretax income | 466,000 | 1,173,000 | 2,566,000 | 4,501,000 |
| Income tax | 279,000 | 671,000 | 1,334,000 | 2,688,000 |
| Net income | 187,000 | 502,000 | 1,232,000 | 1,813,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,522,000 | 70,009,000 | 70,815,000 | 69,081,000 |
| Total capital | 75,987,000 | 76,745,000 | 77,863,000 | 76,600,000 |
| Risk-weighted assets | 515,946,000 | 537,767,000 | 563,294,000 | 601,058,000 |