Call reports 2007
METRO CITY BANK — 2007
What METRO CITY BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 116,378,000 | 137,760,000 | 158,104,000 | 203,762,000 |
| Total loans | 76,985,000 | 100,337,000 | 127,713,000 | 162,380,000 |
| Allowance for loan losses | 779,000 | 1,004,000 | 1,347,000 | 1,779,000 |
| Securities available for sale | 8,024,000 | 10,334,000 | 11,422,000 | 12,508,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,098,000 | 121,488,000 | 125,731,000 | 151,221,000 |
| Interest-bearing deposits | 92,428,000 | 110,837,000 | 115,393,000 | 134,663,000 |
| Noninterest-bearing deposits | 8,670,000 | 10,651,000 | 10,338,000 | 16,558,000 |
| Equity capital | 14,807,000 | 15,326,000 | 26,077,000 | 31,614,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,871,000 | 4,359,000 | 7,172,000 | 10,920,000 |
| Interest expense | 1,040,000 | 2,444,000 | 3,976,000 | 5,727,000 |
| Net interest income | 831,000 | 1,915,000 | 3,196,000 | 5,193,000 |
| Noninterest income | 645,000 | 1,317,000 | 1,670,000 | 2,358,000 |
| Noninterest expense | 783,000 | 1,674,000 | 2,808,000 | 4,213,000 |
| Provision for loan losses | 258,000 | 483,000 | 826,000 | 1,258,000 |
| Pretax income | 436,000 | 1,077,000 | 1,235,000 | 2,084,000 |
| Income tax | 15,000 | 124,000 | 218,000 | 703,000 |
| Net income | 421,000 | 953,000 | 1,017,000 | 1,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,806,000 | 15,431,000 | 26,035,000 | 31,511,000 |
| Total capital | 15,585,000 | 16,435,000 | 27,382,000 | 33,290,000 |
| Risk-weighted assets | 85,568,000 | 112,462,000 | 139,863,000 | 180,961,000 |