Call reports 2022
METRO CITY BANK — 2022
What METRO CITY BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 3,146,101,000 | 3,163,435,000 | 3,362,015,000 | 3,440,092,000 |
| Total loans | 2,554,878,000 | 2,774,089,000 | 2,982,221,000 | 3,059,195,000 |
| Allowance for loan losses | 16,674,000 | 16,677,000 | 14,982,000 | 13,888,000 |
| Securities available for sale | 23,886,000 | 21,393,000 | 19,978,000 | 19,245,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,427,139,000 | 2,441,813,000 | 2,614,744,000 | 2,692,591,000 |
| Interest-bearing deposits | 1,775,630,000 | 1,783,274,000 | 1,973,070,000 | 2,055,317,000 |
| Noninterest-bearing deposits | 651,509,000 | 658,539,000 | 641,674,000 | 637,274,000 |
| Equity capital | 300,622,000 | 315,737,000 | 343,352,000 | 348,101,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 31,548,000 | 64,977,000 | 103,274,000 | 147,217,000 |
| Interest expense | 1,308,000 | 4,122,000 | 12,646,000 | 27,648,000 |
| Net interest income | 30,240,000 | 60,855,000 | 90,628,000 | 119,569,000 |
| Noninterest income | 8,088,000 | 12,364,000 | 17,491,000 | 19,311,000 |
| Noninterest expense | 11,774,000 | 24,584,000 | 36,908,000 | 49,101,000 |
| Provision for loan losses | 104,000 | 104,000 | -1,599,000 | -2,767,000 |
| Pretax income | 26,088,000 | 47,924,000 | 71,876,000 | 91,460,000 |
| Income tax | 6,597,000 | 12,158,000 | 19,168,000 | 28,522,000 |
| Net income | 19,491,000 | 35,766,000 | 52,708,000 | 62,938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 285,831,000 | 300,964,000 | 314,643,000 | 322,978,000 |
| Total capital | 302,505,000 | 317,641,000 | 329,625,000 | 336,866,000 |
| Risk-weighted assets | 1,714,058,000 | 1,845,952,000 | 1,979,243,000 | 2,027,768,000 |