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 | 1,956,738,000 | 2,044,016,000 | 2,124,115,000 | 2,139,169,000 |
| Total loans | 1,234,015,000 | 1,333,905,000 | 1,414,972,000 | 1,480,927,000 |
| Allowance for loan losses | 11,627,000 | 12,210,000 | 13,888,000 | 16,719,000 |
| Securities available for sale | 365,949,000 | 370,693,000 | 355,595,000 | 341,656,000 |
| Securities held to maturity | 189,655,000 | 168,777,000 | 195,841,000 | 152,587,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,580,974,000 | 1,547,818,000 | 1,691,010,000 | 1,635,047,000 |
| Interest-bearing deposits | 1,489,641,000 | 1,473,499,000 | 1,624,616,000 | 1,567,944,000 |
| Noninterest-bearing deposits | 91,333,000 | 74,319,000 | 66,394,000 | 67,103,000 |
| Equity capital | 137,750,000 | 139,699,000 | 141,362,000 | 142,323,000 |
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 | 28,483,000 | 55,827,000 | 83,980,000 | 111,975,000 |
| Interest expense | 8,913,000 | 16,253,000 | 23,970,000 | 29,790,000 |
| Net interest income | 19,570,000 | 39,574,000 | 60,010,000 | 82,185,000 |
| Noninterest income | 5,636,000 | 11,952,000 | 18,163,000 | 24,584,000 |
| Noninterest expense | 18,886,000 | 37,708,000 | 56,781,000 | 76,597,000 |
| Provision for loan losses | 975,000 | 2,375,000 | 4,075,000 | 7,475,000 |
| Pretax income | 5,345,000 | 11,286,000 | 17,160,000 | 22,540,000 |
| Income tax | 1,713,000 | 3,595,000 | 5,433,000 | 7,157,000 |
| Net income | 3,632,000 | 7,691,000 | 11,727,000 | 15,383,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 147,379,000 | 151,493,000 | 155,647,000 | 159,603,000 |
| Total capital | 159,006,000 | 163,703,000 | 169,535,000 | 176,322,000 |
| Risk-weighted assets | 1,479,354,000 | 1,511,199,000 | 1,581,892,000 | 1,650,742,000 |