Call reports 2008
METROPACIFIC BANK — 2008
What METROPACIFIC BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 66,462,000 | 67,419,000 | 76,935,000 | 77,393,000 |
| Total loans | 57,086,000 | 59,864,000 | 64,469,000 | 65,521,000 |
| Allowance for loan losses | 1,299,000 | 1,080,000 | 1,904,000 | 4,821,000 |
| Securities available for sale | 2,573,000 | 3,092,000 | 2,555,000 | 3,338,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,286,000 | 53,313,000 | 63,270,000 | 69,690,000 |
| Interest-bearing deposits | 47,421,000 | 49,047,000 | 57,621,000 | 64,912,000 |
| Noninterest-bearing deposits | 4,865,000 | 4,267,000 | 5,649,000 | 4,779,000 |
| Equity capital | 10,699,000 | 10,591,000 | 9,224,000 | 5,169,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,260,000 | 2,291,000 | 3,396,000 | 4,343,000 |
| Interest expense | 563,000 | 1,079,000 | 1,684,000 | 2,350,000 |
| Net interest income | 697,000 | 1,212,000 | 1,712,000 | 1,993,000 |
| Noninterest income | 168,000 | 395,000 | 456,000 | 477,000 |
| Noninterest expense | 867,000 | 1,650,000 | 2,663,000 | 3,760,000 |
| Provision for loan losses | 75,000 | 75,000 | 1,077,000 | 4,453,000 |
| Pretax income | -77,000 | -118,000 | -1,572,000 | -5,743,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -78,000 | -119,000 | -1,573,000 | -5,744,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,671,000 | 10,658,000 | 9,248,000 | 5,096,000 |
| Total capital | 11,368,000 | 11,378,000 | 10,113,000 | 5,913,000 |
| Risk-weighted assets | 56,991,000 | 59,732,000 | 68,124,000 | 61,367,000 |