Call reports 2018
METRO CITY BANK — 2018
What METRO CITY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,302,167,000 | 1,350,606,000 | 1,443,224,000 | 1,435,822,000 |
| Total loans | 1,131,400,000 | 1,172,001,000 | 1,173,760,000 | 1,204,932,000 |
| Allowance for loan losses | 6,491,000 | 6,766,000 | 6,881,000 | 6,644,000 |
| Securities available for sale | 20,723,000 | 20,440,000 | 19,099,000 | 18,888,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,101,378,000 | 1,174,754,000 | 1,267,764,000 | 1,256,303,000 |
| Interest-bearing deposits | 811,146,000 | 879,555,000 | 962,737,000 | 947,275,000 |
| Noninterest-bearing deposits | 290,232,000 | 295,199,000 | 305,027,000 | 309,028,000 |
| Equity capital | 140,463,000 | 149,291,000 | 157,273,000 | 165,096,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 17,025,000 | 35,090,000 | 53,856,000 | 72,880,000 |
| Interest expense | 3,011,000 | 6,286,000 | 10,146,000 | 14,699,000 |
| Net interest income | 14,014,000 | 28,804,000 | 43,710,000 | 58,181,000 |
| Noninterest income | 10,084,000 | 19,405,000 | 28,387,000 | 37,462,000 |
| Noninterest expense | 9,034,000 | 17,669,000 | 27,910,000 | 38,333,000 |
| Provision for loan losses | 100,000 | 871,000 | 1,188,000 | 1,237,000 |
| Pretax income | 14,964,000 | 29,669,000 | 42,999,000 | 56,073,000 |
| Income tax | 3,909,000 | 7,830,000 | 11,296,000 | 14,696,000 |
| Net income | 11,055,000 | 21,839,000 | 31,703,000 | 41,377,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,986,000 | 140,014,000 | 148,638,000 | 156,695,000 |
| Total capital | 137,477,000 | 146,780,000 | 155,519,000 | 163,339,000 |
| Risk-weighted assets | 854,711,000 | 886,820,000 | 885,390,000 | 917,399,000 |