Call reports 2023
METRO CITY BANK — 2023
What METRO CITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 3,425,024,000 | 3,459,254,000 | 3,486,995,000 | 3,482,906,000 |
| Total loans | 3,015,695,000 | 3,024,391,000 | 3,033,361,000 | 3,167,520,000 |
| Allowance for loan losses | 18,947,000 | 18,090,000 | 17,660,000 | 18,112,000 |
| Securities available for sale | 19,174,000 | 18,696,000 | 17,664,000 | 18,493,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,673,889,000 | 2,732,938,000 | 2,749,377,000 | 2,754,348,000 |
| Interest-bearing deposits | 2,067,294,000 | 2,123,666,000 | 2,161,538,000 | 2,220,188,000 |
| Noninterest-bearing deposits | 606,595,000 | 609,272,000 | 587,839,000 | 534,159,000 |
| Equity capital | 352,256,000 | 372,549,000 | 381,913,000 | 379,494,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 45,964,000 | 93,446,000 | 142,155,000 | 192,825,000 |
| Interest expense | 19,734,000 | 42,248,000 | 66,809,000 | 91,365,000 |
| Net interest income | 26,230,000 | 51,198,000 | 75,346,000 | 101,460,000 |
| Noninterest income | 6,043,000 | 10,831,000 | 13,521,000 | 18,038,000 |
| Noninterest expense | 10,771,000 | 22,167,000 | 33,427,000 | 47,300,000 |
| Provision for loan losses | 0 | -418,000 | -853,000 | -92,000 |
| Pretax income | 21,631,000 | 40,335,000 | 56,050,000 | 72,248,000 |
| Income tax | 5,840,000 | 11,345,000 | 15,569,000 | 20,359,000 |
| Net income | 15,791,000 | 28,990,000 | 40,481,000 | 51,889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 329,938,000 | 338,889,000 | 344,523,000 | 352,032,000 |
| Total capital | 349,124,000 | 357,220,000 | 362,477,000 | 370,459,000 |
| Risk-weighted assets | 1,998,055,000 | 2,034,144,000 | 2,039,553,000 | 2,116,012,000 |