Call reports 2017
METRO CITY BANK — 2017
What METRO CITY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,077,836,000 | 1,138,149,000 | 1,245,824,000 | 1,292,216,000 |
| Total loans | 916,356,000 | 968,489,000 | 1,078,442,000 | 1,102,719,000 |
| Allowance for loan losses | 5,478,000 | 5,619,000 | 6,150,000 | 6,925,000 |
| Securities available for sale | 22,157,000 | 21,836,000 | 20,979,000 | 21,051,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 938,220,000 | 955,735,000 | 986,919,000 | 1,027,421,000 |
| Interest-bearing deposits | 699,749,000 | 696,374,000 | 717,917,000 | 762,813,000 |
| Noninterest-bearing deposits | 238,471,000 | 259,361,000 | 269,002,000 | 264,608,000 |
| Equity capital | 111,391,000 | 117,619,000 | 123,760,000 | 131,562,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 13,170,000 | 28,035,000 | 44,003,000 | 60,514,000 |
| Interest expense | 1,843,000 | 3,808,000 | 6,084,000 | 8,674,000 |
| Net interest income | 11,327,000 | 24,227,000 | 37,919,000 | 51,840,000 |
| Noninterest income | 10,059,000 | 17,021,000 | 24,318,000 | 32,362,000 |
| Noninterest expense | 7,955,000 | 15,821,000 | 24,690,000 | 31,086,000 |
| Provision for loan losses | 0 | 136,000 | 771,000 | 3,057,000 |
| Pretax income | 13,431,000 | 25,291,000 | 36,776,000 | 50,059,000 |
| Income tax | 5,321,000 | 9,896,000 | 14,283,000 | 18,176,000 |
| Net income | 8,110,000 | 15,395,000 | 22,493,000 | 31,883,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,506,000 | 116,667,000 | 122,807,000 | 130,681,000 |
| Total capital | 115,984,000 | 122,286,000 | 128,957,000 | 137,606,000 |
| Risk-weighted assets | 730,922,000 | 755,269,000 | 809,116,000 | 826,314,000 |