Call reports 2008
METRO BANK — 2008
What METRO 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 | 516,160,000 | 517,415,000 | 517,550,000 | 518,172,000 |
| Total loans | 400,865,000 | 402,992,000 | 400,500,000 | 399,015,000 |
| Allowance for loan losses | 4,270,000 | 4,417,000 | 4,508,000 | 4,163,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 85,302,000 | 87,929,000 | 84,976,000 | 84,334,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 457,635,000 | 447,805,000 | 453,526,000 | 451,542,000 |
| Interest-bearing deposits | 411,172,000 | 400,532,000 | 406,065,000 | 408,359,000 |
| Noninterest-bearing deposits | 46,463,000 | 47,273,000 | 47,461,000 | 43,183,000 |
| Equity capital | 52,052,000 | 53,813,000 | 55,538,000 | 55,765,000 |
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 | 9,363,000 | 18,044,000 | 26,544,000 | 34,632,000 |
| Interest expense | 4,279,000 | 8,038,000 | 11,606,000 | 14,910,000 |
| Net interest income | 5,084,000 | 10,006,000 | 14,938,000 | 19,722,000 |
| Noninterest income | 915,000 | 1,870,000 | 2,850,000 | 3,799,000 |
| Noninterest expense | 2,787,000 | 5,539,000 | 8,489,000 | 11,408,000 |
| Provision for loan losses | 320,000 | 680,000 | 1,410,000 | 2,160,000 |
| Pretax income | 2,892,000 | 5,667,000 | 7,907,000 | 9,883,000 |
| Income tax | 1,014,000 | 2,028,000 | 2,543,000 | 2,717,000 |
| Net income | 1,878,000 | 3,639,000 | 5,364,000 | 7,166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,052,000 | 53,813,000 | 55,538,000 | 55,765,000 |
| Total capital | 56,322,000 | 58,230,000 | 60,046,000 | 59,928,000 |
| Risk-weighted assets | 405,813,000 | 407,457,000 | 406,283,000 | 405,596,000 |