Call reports 2021
METRO CITY BANK — 2021
What METRO CITY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,158,968,000 | 2,520,354,000 | 2,756,383,000 | 3,111,820,000 |
| Total loans | 1,871,813,000 | 2,095,264,000 | 2,366,432,000 | 2,509,847,000 |
| Allowance for loan losses | 11,735,000 | 13,860,000 | 16,445,000 | 16,952,000 |
| Securities available for sale | 18,739,000 | 16,722,000 | 16,507,000 | 25,733,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,792,758,000 | 2,025,746,000 | 2,159,793,000 | 2,306,563,000 |
| Interest-bearing deposits | 1,215,056,000 | 1,368,090,000 | 1,480,638,000 | 1,679,707,000 |
| Noninterest-bearing deposits | 577,702,000 | 657,656,000 | 679,155,000 | 626,856,000 |
| Equity capital | 239,793,000 | 252,150,000 | 266,217,000 | 280,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 22,648,000 | 48,470,000 | 77,654,000 | 108,312,000 |
| Interest expense | 1,153,000 | 2,230,000 | 3,375,000 | 4,619,000 |
| Net interest income | 21,495,000 | 46,240,000 | 74,279,000 | 103,693,000 |
| Noninterest income | 8,235,000 | 16,923,000 | 26,621,000 | 34,339,000 |
| Noninterest expense | 10,663,000 | 22,701,000 | 35,761,000 | 48,128,000 |
| Provision for loan losses | 1,599,000 | 3,804,000 | 6,383,000 | 6,929,000 |
| Pretax income | 17,468,000 | 36,658,000 | 58,749,000 | 82,861,000 |
| Income tax | 4,432,000 | 9,174,000 | 14,339,000 | 20,919,000 |
| Net income | 13,036,000 | 27,484,000 | 44,410,000 | 61,942,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 229,219,000 | 240,831,000 | 255,293,000 | 270,306,000 |
| Total capital | 240,954,000 | 254,691,000 | 271,738,000 | 287,258,000 |
| Risk-weighted assets | 1,290,251,000 | 1,424,048,000 | 1,596,053,000 | 1,671,664,000 |