Call reports 2013
METRO CITY BANK — 2013
What METRO CITY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 498,463,000 | 471,485,000 | 501,799,000 | 514,914,000 |
| Total loans | 362,913,000 | 385,630,000 | 410,949,000 | 432,871,000 |
| Allowance for loan losses | 6,683,000 | 7,086,000 | 6,962,000 | 7,503,000 |
| Securities available for sale | 67,578,000 | 57,416,000 | 47,582,000 | 46,631,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 403,614,000 | 383,114,000 | 411,140,000 | 413,608,000 |
| Interest-bearing deposits | 325,504,000 | 297,877,000 | 314,730,000 | 321,900,000 |
| Noninterest-bearing deposits | 78,110,000 | 85,237,000 | 96,410,000 | 91,708,000 |
| Equity capital | 57,745,000 | 56,220,000 | 58,900,000 | 61,294,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,512,000 | 11,248,000 | 17,630,000 | 24,081,000 |
| Interest expense | 716,000 | 1,387,000 | 2,067,000 | 2,758,000 |
| Net interest income | 4,796,000 | 9,861,000 | 15,563,000 | 21,323,000 |
| Noninterest income | 2,985,000 | 4,677,000 | 6,586,000 | 9,412,000 |
| Noninterest expense | 3,014,000 | 6,153,000 | 9,458,000 | 12,988,000 |
| Provision for loan losses | 370,000 | 876,000 | 876,000 | 1,676,000 |
| Pretax income | 4,602,000 | 7,805,000 | 12,127,000 | 16,383,000 |
| Income tax | 1,745,000 | 2,964,000 | 4,607,000 | 6,204,000 |
| Net income | 2,857,000 | 4,841,000 | 7,520,000 | 10,179,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,611,000 | 55,743,000 | 58,524,000 | 60,863,000 |
| Total capital | 61,365,000 | 60,752,000 | 63,773,000 | 66,225,000 |
| Risk-weighted assets | 378,360,000 | 398,647,000 | 418,211,000 | 426,851,000 |