Call reports 2014
METRO CITY BANK — 2014
What METRO CITY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 550,976,000 | 581,075,000 | 569,318,000 | 582,909,000 |
| Total loans | 442,647,000 | 449,710,000 | 459,054,000 | 486,926,000 |
| Allowance for loan losses | 6,659,000 | 6,649,000 | 5,980,000 | 5,986,000 |
| Securities available for sale | 45,020,000 | 40,862,000 | 38,479,000 | 38,044,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 450,130,000 | 489,705,000 | 479,368,000 | 466,938,000 |
| Interest-bearing deposits | 347,368,000 | 373,295,000 | 362,571,000 | 347,139,000 |
| Noninterest-bearing deposits | 102,762,000 | 116,410,000 | 116,797,000 | 119,799,000 |
| Equity capital | 64,524,000 | 67,028,000 | 70,124,000 | 73,080,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 6,299,000 | 13,038,000 | 20,407,000 | 27,696,000 |
| Interest expense | 709,000 | 1,508,000 | 2,311,000 | 3,084,000 |
| Net interest income | 5,590,000 | 11,530,000 | 18,096,000 | 24,612,000 |
| Noninterest income | 2,970,000 | 5,332,000 | 7,733,000 | 9,977,000 |
| Noninterest expense | 3,351,000 | 6,916,000 | 10,795,000 | 14,772,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 5,212,000 | 9,955,000 | 15,043,000 | 19,826,000 |
| Income tax | 1,980,000 | 3,782,000 | 5,716,000 | 7,329,000 |
| Net income | 3,232,000 | 6,173,000 | 9,327,000 | 12,497,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,969,000 | 66,380,000 | 69,520,000 | 72,444,000 |
| Total capital | 69,419,000 | 71,831,000 | 75,051,000 | 78,243,000 |
| Risk-weighted assets | 434,829,000 | 434,920,000 | 442,035,000 | 463,725,000 |