Call reports 2008
METRO BANK — 2008
What METRO 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 | 38,339,000 | 38,706,000 | 42,742,000 | 47,510,000 |
| Total loans | 5,467,000 | 14,280,000 | 26,528,000 | 34,947,000 |
| Allowance for loan losses | 55,000 | 144,000 | 287,000 | 457,000 |
| Securities available for sale | 5,539,000 | 6,106,000 | 5,149,000 | 8,812,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,036,000 | 17,946,000 | 22,194,000 | 27,122,000 |
| Interest-bearing deposits | 14,426,000 | 14,324,000 | 18,038,000 | 22,605,000 |
| Noninterest-bearing deposits | 2,610,000 | 3,622,000 | 4,156,000 | 4,517,000 |
| Equity capital | 21,215,000 | 20,674,000 | 20,399,000 | 20,088,000 |
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 | 190,000 | 532,000 | 1,032,000 | 1,599,000 |
| Interest expense | 82,000 | 221,000 | 369,000 | 543,000 |
| Net interest income | 108,000 | 311,000 | 663,000 | 1,056,000 |
| Noninterest income | 1,000 | 3,000 | 6,000 | 10,000 |
| Noninterest expense | 417,000 | 1,054,000 | 1,815,000 | 2,640,000 |
| Provision for loan losses | 55,000 | 144,000 | 287,000 | 457,000 |
| Pretax income | -363,000 | -884,000 | -1,417,000 | -2,015,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -363,000 | -884,000 | -1,417,000 | -2,015,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,204,000 | 20,823,000 | 20,436,000 | 19,984,000 |
| Total capital | 21,259,000 | 20,967,000 | 20,723,000 | 20,441,000 |
| Risk-weighted assets | 12,703,000 | 20,177,000 | 34,328,000 | 41,686,000 |