Call reports 2020
METRO CITY BANK — 2020
What METRO CITY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,608,456,000 | 1,725,921,000 | 1,742,593,000 | 1,902,095,000 |
| Total loans | 1,265,848,000 | 1,369,569,000 | 1,463,043,000 | 1,636,681,000 |
| Allowance for loan losses | 6,859,000 | 7,894,000 | 9,339,000 | 10,136,000 |
| Securities available for sale | 18,182,000 | 18,415,000 | 18,204,000 | 18,117,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,279,441,000 | 1,388,805,000 | 1,381,455,000 | 1,518,227,000 |
| Interest-bearing deposits | 937,567,000 | 916,159,000 | 892,580,000 | 1,032,465,000 |
| Noninterest-bearing deposits | 341,874,000 | 472,646,000 | 488,875,000 | 485,762,000 |
| Equity capital | 207,922,000 | 213,669,000 | 221,425,000 | 229,195,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 20,556,000 | 39,640,000 | 57,769,000 | 77,608,000 |
| Interest expense | 4,702,000 | 7,971,000 | 10,184,000 | 11,612,000 |
| Net interest income | 15,854,000 | 31,669,000 | 47,585,000 | 65,996,000 |
| Noninterest income | 7,634,000 | 13,129,000 | 21,008,000 | 27,174,000 |
| Noninterest expense | 10,093,000 | 19,717,000 | 29,665,000 | 40,683,000 |
| Provision for loan losses | 0 | 1,061,000 | 2,511,000 | 3,467,000 |
| Pretax income | 13,395,000 | 24,020,000 | 36,417,000 | 49,020,000 |
| Income tax | 3,554,000 | 6,378,000 | 9,310,000 | 12,423,000 |
| Net income | 9,841,000 | 17,642,000 | 27,107,000 | 36,597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 200,592,000 | 205,101,000 | 211,087,000 | 219,357,000 |
| Total capital | 207,451,000 | 212,995,000 | 220,426,000 | 229,493,000 |
| Risk-weighted assets | 994,750,000 | 1,015,009,000 | 1,074,265,000 | 1,174,420,000 |