Call reports 2016
METRO CITY BANK — 2016
What METRO CITY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 726,367,000 | 793,267,000 | 960,566,000 | 1,102,606,000 |
| Total loans | 599,688,000 | 671,674,000 | 836,538,000 | 967,348,000 |
| Allowance for loan losses | 5,522,000 | 5,533,000 | 5,546,000 | 5,471,000 |
| Securities available for sale | 29,705,000 | 29,348,000 | 28,903,000 | 27,904,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 612,408,000 | 653,808,000 | 783,749,000 | 876,529,000 |
| Interest-bearing deposits | 427,645,000 | 458,869,000 | 575,523,000 | 658,267,000 |
| Noninterest-bearing deposits | 184,763,000 | 194,939,000 | 208,226,000 | 218,262,000 |
| Equity capital | 91,592,000 | 95,752,000 | 99,785,000 | 104,405,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 9,170,000 | 18,943,000 | 30,153,000 | 43,565,000 |
| Interest expense | 1,044,000 | 2,182,000 | 3,526,000 | 5,268,000 |
| Net interest income | 8,126,000 | 16,761,000 | 26,627,000 | 38,297,000 |
| Noninterest income | 4,723,000 | 9,747,000 | 14,234,000 | 19,976,000 |
| Noninterest expense | 5,135,000 | 11,098,000 | 18,103,000 | 25,846,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 7,714,000 | 15,410,000 | 22,758,000 | 32,427,000 |
| Income tax | 2,620,000 | 5,347,000 | 7,866,000 | 12,099,000 |
| Net income | 5,094,000 | 10,063,000 | 14,892,000 | 20,328,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,780,000 | 94,867,000 | 98,944,000 | 103,573,000 |
| Total capital | 96,302,000 | 100,400,000 | 104,490,000 | 109,044,000 |
| Risk-weighted assets | 548,628,000 | 591,998,000 | 685,089,000 | 753,207,000 |