Metro Bank in Atlanta, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 19, 1996

  • Metro Bank in Atlanta, Georgia (GA)
  • Show street view No street view available for this location

Metro Bank - Overview

  • General
  • FDIC Certificate #: 26258
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#26976)
    Federal Reserve ID: 475774
    Date Established: May 18, 1985
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    OTS Docket #: 9309
    FDIC's unique #: 32614
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 18, 1985
    Last Structure Change Effective Date: April 19, 1996
    Last Structure Change Process Date: June 03, 1996
    Last Data Update: June 03, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 6637 Roswell Road, N.E., Atlanta, GA 30328
    County: Fulton
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Atlanta
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Atlanta, GA (#520)
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • Financial Summary
  • Total assets: $217.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $84Total assets
  • $205,970Cash and due from depository institutions
  • $10,138Interest-bearing balances
  • $1,149Securities
  • $42,930Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $148,046Loan loss allowance
  • $1,728Trading account assets
  • $0Bank premises and fixed assets
  • $1,282Other real estate owned
  • $75Goodwill and other intangibles
  • $2,206Life insurance assets
  • $1,293All other assets
  • $0Total liabilities and capital
  • $205,970Total liabilities
  • $192,708Total deposits
  • $185,886Interest-bearing deposits
  • $169,759Deposits held in domestic offices
  • 185886.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,400Subordinated debt
  • $0All other liabilities
  • $2,422Total equity capital
  • $2,422Total bank equity capital
  • $13,262Perpetual preferred stock
  • $0Common stock
  • $1,804Surplus
  • $5,193Undivided profits
  • Memoranda
  • $6,265Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $455Income earned, not collected on loans
  • $863Earning assets
  • $192,125Long-term assets (5+ years)
  • $27,971Average Assets, year-to-date
  • $191,708Average Assets, quarterly
  • $203,827Volatile liabilities
  • $35,836Insider loans
  • $420FHLB advances
  • $0Loans and leases held for sale
  • $12,894Unused loan commitments
  • $36,124Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $13,527Total risk weighted assets
  • $144,943Total unused commitments
  • $0Restructured Loans and leases
  • $3,000Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $16,278Total interest expense
  • $8,981Net interest income
  • $7,297Provision for loan and lease losses
  • $300Total noninterest income
  • $2,606Fiduciary activities
  • $0Service charges on deposit accounts
  • $177Trading account gains & fees
  • $0Additional noninterest income
  • $2,429Total noninterest expense
  • $6,796Salaries and employee benefits
  • $3,496Premises and equipment expense
  • $975Additional noninterest expense
  • $2,325Pre-tax net operating income
  • $2,807Securities gains (losses)
  • $0Applicable income taxes
  • $1,011Income before extraordinary items
  • $1,796Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,796Net charge-offs
  • $115Cash dividends
  • $230Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.02%Cost of funding earning assets
  • 4.98%Net interest margin
  • 4.04%Noninterest income to earning assets
  • 1.44%Noninterest expense to earning assets
  • 3.77%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 0.94%Pretax return on assets
  • 1.46%Return on equity (ROE)
  • 14.58%Retained earnings to average equity (YTD only)
  • 12.71%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 260.87%Efficiency ratio
  • 67,081Assets per employee
  • 2.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.81%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 379.78%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 79.64%Net loans and leases to core deposits
  • 96.29%Equity capital to assets
  • 6.44%Core capital (leverage) ratio
  • 6.77%Tier 1 risk-based capital ratio
  • 9.33%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $191,708Average earning assets
  • $12,321Average equity
  • $180,469Average loans

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