Call reports 2005
METROPACIFIC BANK — 2005
What METROPACIFIC BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 16,052,000 | 20,636,000 | 25,914,000 | 40,026,000 |
| Total loans | 1,788,000 | 4,936,000 | 12,392,000 | 20,993,000 |
| Allowance for loan losses | 15,000 | 62,000 | 155,000 | 252,000 |
| Securities available for sale | 0 | 3,060,000 | 3,029,000 | 3,016,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,341,000 | 7,351,000 | 12,953,000 | 27,469,000 |
| Interest-bearing deposits | 2,148,000 | 4,610,000 | 9,875,000 | 25,309,000 |
| Noninterest-bearing deposits | 193,000 | 2,741,000 | 3,078,000 | 2,160,000 |
| Equity capital | 13,586,000 | 13,144,000 | 12,730,000 | 12,192,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 58,000 | 218,000 | 493,000 | 1,038,000 |
| Interest expense | 6,000 | 32,000 | 83,000 | 250,000 |
| Net interest income | 52,000 | 186,000 | 410,000 | 788,000 |
| Noninterest income | 0 | 0 | 32,000 | 132,000 |
| Noninterest expense | 309,000 | 845,000 | 1,410,000 | 2,311,000 |
| Provision for loan losses | 15,000 | 62,000 | 155,000 | 252,000 |
| Pretax income | -272,000 | -721,000 | -1,123,000 | -1,643,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -273,000 | -722,000 | -1,124,000 | -1,644,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,586,000 | 13,144,000 | 12,730,000 | 12,192,000 |
| Total capital | 13,602,000 | 13,206,000 | 12,885,000 | 12,444,000 |
| Risk-weighted assets | 5,162,000 | 8,541,000 | 16,463,000 | 26,220,000 |