Call reports 2008
METRO UNITED BANK — 2008
What METRO UNITED 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 | 399,478,000 | 433,385,000 | 421,965,000 | 429,155,000 |
| Total loans | 346,372,000 | 368,488,000 | 364,719,000 | 371,883,000 |
| Allowance for loan losses | 4,164,000 | 4,423,000 | 3,996,000 | 5,341,000 |
| Securities available for sale | 1,507,000 | 1,501,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,300,000 | 323,470,000 | 306,353,000 | 318,664,000 |
| Interest-bearing deposits | 272,781,000 | 298,658,000 | 284,138,000 | 297,053,000 |
| Noninterest-bearing deposits | 18,519,000 | 24,812,000 | 22,215,000 | 21,611,000 |
| Equity capital | 57,322,000 | 58,717,000 | 59,163,000 | 57,917,000 |
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 | 6,526,000 | 12,952,000 | 19,289,000 | 25,375,000 |
| Interest expense | 3,313,000 | 6,278,000 | 9,126,000 | 11,600,000 |
| Net interest income | 3,213,000 | 6,674,000 | 10,163,000 | 13,775,000 |
| Noninterest income | 75,000 | 196,000 | 291,000 | 366,000 |
| Noninterest expense | 2,718,000 | 5,158,000 | 7,684,000 | 10,283,000 |
| Provision for loan losses | 902,000 | 1,445,000 | 1,725,000 | 5,540,000 |
| Pretax income | -332,000 | 267,000 | 1,045,000 | -1,682,000 |
| Income tax | -61,000 | 138,000 | 470,000 | -507,000 |
| Net income | -271,000 | 129,000 | 575,000 | -1,175,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,797,000 | 36,259,000 | 36,768,000 | 35,584,000 |
| Total capital | 39,120,000 | 40,815,000 | 40,892,000 | 40,447,000 |
| Risk-weighted assets | 380,361,000 | 402,025,000 | 388,468,000 | 388,484,000 |