Call reports 2006
METRO CITY BANK — 2006
What METRO CITY BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|
| Total assets | 29,486,000 | 57,805,000 | 81,938,000 |
| Total loans | 13,760,000 | 34,955,000 | 51,456,000 |
| Allowance for loan losses | 133,000 | 355,000 | 521,000 |
| Securities available for sale | 0 | 0 | 4,581,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 14,800,000 | 43,333,000 | 67,377,000 |
| Interest-bearing deposits | 13,156,000 | 38,582,000 | 61,460,000 |
| Noninterest-bearing deposits | 1,644,000 | 4,751,000 | 5,918,000 |
| Equity capital | 14,447,000 | 14,286,000 | 14,284,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|
| Interest income | 290,000 | 1,048,000 | 2,369,000 |
| Interest expense | 80,000 | 370,000 | 1,033,000 |
| Net interest income | 210,000 | 678,000 | 1,336,000 |
| Noninterest income | 72,000 | 148,000 | 248,000 |
| Noninterest expense | 405,000 | 888,000 | 1,692,000 |
| Provision for loan losses | 133,000 | 355,000 | 521,000 |
| Pretax income | -256,000 | -417,000 | -629,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -256,000 | -417,000 | -629,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|
| Tier 1 capital | 14,447,000 | 14,286,000 | 14,291,000 |
| Total capital | 14,580,000 | 14,641,000 | 14,812,000 |
| Risk-weighted assets | 17,779,000 | 41,886,000 | 60,994,000 |