Call reports 2010
METRO CITY BANK — 2010
What METRO CITY BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 339,743,000 | 357,087,000 | 374,347,000 | 367,833,000 |
| Total loans | 285,672,000 | 296,101,000 | 313,884,000 | 302,172,000 |
| Allowance for loan losses | 4,479,000 | 4,947,000 | 5,512,000 | 6,208,000 |
| Securities available for sale | 17,809,000 | 17,745,000 | 17,990,000 | 22,379,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 263,525,000 | 290,050,000 | 299,745,000 | 297,192,000 |
| Interest-bearing deposits | 234,470,000 | 254,570,000 | 267,800,000 | 262,902,000 |
| Noninterest-bearing deposits | 29,055,000 | 35,480,000 | 31,945,000 | 34,290,000 |
| Equity capital | 44,198,000 | 45,504,000 | 46,534,000 | 47,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,252,000 | 8,476,000 | 12,793,000 | 16,927,000 |
| Interest expense | 1,242,000 | 2,446,000 | 3,664,000 | 4,817,000 |
| Net interest income | 3,010,000 | 6,030,000 | 9,129,000 | 12,110,000 |
| Noninterest income | 463,000 | 2,341,000 | 3,756,000 | 6,051,000 |
| Noninterest expense | 2,051,000 | 4,038,000 | 6,115,000 | 8,968,000 |
| Provision for loan losses | 350,000 | 950,000 | 1,900,000 | 3,400,000 |
| Pretax income | 1,089,000 | 3,492,000 | 5,097,000 | 6,149,000 |
| Income tax | 437,000 | 1,416,000 | 2,037,000 | 2,216,000 |
| Net income | 652,000 | 2,076,000 | 3,060,000 | 3,933,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,077,000 | 45,455,000 | 46,345,000 | 47,123,000 |
| Total capital | 47,965,000 | 49,416,000 | 50,476,000 | 51,082,000 |
| Risk-weighted assets | 310,427,000 | 315,921,000 | 329,058,000 | 314,507,000 |