Call reports 2008
METROPOLITAN BANK — 2008
What METROPOLITAN 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 | 132,690,000 | 153,325,000 | 184,035,000 | 243,007,000 |
| Total loans | 61,298,000 | 105,189,000 | 144,946,000 | 180,401,000 |
| Allowance for loan losses | 453,000 | 797,000 | 1,212,000 | 1,761,000 |
| Securities available for sale | 29,072,000 | 23,198,000 | 25,039,000 | 49,774,000 |
| Securities held to maturity | 8,000 | 8,000 | 7,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,668,000 | 98,072,000 | 129,984,000 | 174,764,000 |
| Interest-bearing deposits | 73,542,000 | 85,102,000 | 114,782,000 | 156,276,000 |
| Noninterest-bearing deposits | 13,126,000 | 12,970,000 | 15,202,000 | 18,488,000 |
| Equity capital | 40,356,000 | 44,295,000 | 43,569,000 | 43,227,000 |
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 | 1,232,000 | 2,845,000 | 4,900,000 | 7,416,000 |
| Interest expense | 579,000 | 1,178,000 | 2,007,000 | 3,120,000 |
| Net interest income | 653,000 | 1,667,000 | 2,893,000 | 4,296,000 |
| Noninterest income | 197,000 | 505,000 | 793,000 | 1,212,000 |
| Noninterest expense | 872,000 | 2,888,000 | 5,070,000 | 7,231,000 |
| Provision for loan losses | 84,000 | 430,000 | 845,000 | 1,465,000 |
| Pretax income | 155,000 | -832,000 | -1,915,000 | -2,570,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 155,000 | -832,000 | -1,915,000 | -2,570,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,329,000 | 38,606,000 | 37,779,000 | 37,438,000 |
| Total capital | 34,782,000 | 39,403,000 | 38,991,000 | 39,199,000 |
| Risk-weighted assets | 68,190,000 | 103,387,000 | 140,946,000 | 182,513,000 |