Call reports 2024
METRO BANK — 2024
What METRO BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,052,660,000 | 1,073,685,000 | 1,111,731,000 | 1,125,263,000 |
| Total loans | 516,651,000 | 540,852,000 | 550,576,000 | 561,538,000 |
| Allowance for loan losses | 6,828,000 | 6,655,000 | 6,581,000 | 7,675,000 |
| Securities available for sale | 61,144,000 | 54,869,000 | 59,827,000 | 60,957,000 |
| Securities held to maturity | 318,673,000 | 321,571,000 | 320,118,000 | 321,969,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 899,687,000 | 914,601,000 | 946,325,000 | 970,812,000 |
| Interest-bearing deposits | 642,959,000 | 655,881,000 | 675,925,000 | 691,212,000 |
| Noninterest-bearing deposits | 256,728,000 | 258,720,000 | 270,400,000 | 279,600,000 |
| Equity capital | 146,595,000 | 150,978,000 | 156,816,000 | 147,208,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 12,157,000 | 25,255,000 | 39,096,000 | 53,378,000 |
| Interest expense | 3,432,000 | 7,609,000 | 12,220,000 | 16,840,000 |
| Net interest income | 8,725,000 | 17,646,000 | 26,876,000 | 36,538,000 |
| Noninterest income | 1,169,000 | 2,439,000 | 3,893,000 | 5,267,000 |
| Noninterest expense | 5,154,000 | 10,014,000 | 15,309,000 | 19,787,000 |
| Provision for loan losses | 0 | 0 | 75,000 | 1,250,000 |
| Pretax income | 4,740,000 | 10,071,000 | 15,385,000 | 20,768,000 |
| Income tax | 1,125,000 | 2,325,000 | 3,170,000 | 4,393,000 |
| Net income | 3,615,000 | 7,746,000 | 12,215,000 | 16,375,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 153,340,000 | 157,471,000 | 161,940,000 | 153,499,000 |