Metro Bank in Pell City, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Metro Bank - Overview

  • General
  • FDIC Certificate #: 27510
    Status: Active
    Federal Reserve ID: 1394621
    Date Established: May 30, 1989
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: No)
    FDIC's unique #: 40243
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 30, 1989
    Last Structure Change Effective Date: Febuary 24, 2011
    Last Structure Change Process Date: Febuary 24, 2011
    Last Data Update: Febuary 24, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 800 Martin Street South, Pell City, AL 35128
    County: St. Clair
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Shelby
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Birmingham, AL (#1000)
    Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142)
    Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820)
    CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $627.7 mil
    Equity capital: $66.2 mil
    Deposits held in domestic offices: $557.5 mil
    Return on assets (ROA): 0.94% ($5.9 mil)
    Quarterly return on assets: 1.33% ($8.4 mil)
    Return on Equity (ROE): 9.00% ($5.9 mil)
    Quarterly return on equity: 12.56% ($8.3 mil)
    Net income: $5.8 mil
    Quarterly Net income: $2.1 mil
    Pretax return on assets: 1.21% ($7,595.3 mil)
    Quarterly Pretax return on assets: 1.77% ($11,110.5 mil)

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 163Total employees (full-time equivalent)
  • $627,713Total assets
  • $81,453Cash and due from depository institutions
  • $67,366Interest-bearing balances
  • $110,048Securities
  • $5,700Federal funds sold & reverse repurchase agreements
  • $396,689Net loans & leases
  • $5,002Loan loss allowance
  • $0Trading account assets
  • $13,081Bank premises and fixed assets
  • $12,277Other real estate owned
  • $0Goodwill and other intangibles
  • $627,714Life insurance assets
  • $8,465All other assets
  • $561,493Total liabilities and capital
  • $557,503Total liabilities
  • $488,407Total deposits
  • $557,503Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $352Trading liabilities
  • $0Other borrowed funds
  • $3,638Subordinated debt
  • $66,221All other liabilities
  • $66,221Total equity capital
  • $66,221Total bank equity capital
  • $0Perpetual preferred stock
  • $44Common stock
  • $1,076Surplus
  • $65,101Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,851Income earned, not collected on loans
  • $0Earning assets
  • $4,088Long-term assets (5+ years)
  • $579,803Average Assets, year-to-date
  • $117,932Average Assets, quarterly
  • $614,392Volatile liabilities
  • $625,491Insider loans
  • $424,383FHLB advances
  • $622,900Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $66,221Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $31,986Restructured Loans and leases
  • $6,924Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $30,530Total interest income
  • $7,126Total interest expense
  • $23,404Net interest income
  • $5,000Provision for loan and lease losses
  • $3,447Total noninterest income
  • $0Fiduciary activities
  • $1,842Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,605Additional noninterest income
  • $14,158Total noninterest expense
  • $8,908Salaries and employee benefits
  • $2,116Premises and equipment expense
  • $3,134Additional noninterest expense
  • $7,693Pre-tax net operating income
  • -$248Securities gains (losses)
  • $1,655Applicable income taxes
  • $5,790Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,790Net income attributable to bank
  • $0Net charge-offs
  • $5,790Cash dividends
  • $4,932Sale, conversion, retirement of capital stock, net
  • $1,575Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.37%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 4.11%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 2.49%Noninterest expense to earning assets
  • 0.97%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 1.21%Pretax return on assets
  • 9.00%Return on equity (ROE)
  • 6.55%Retained earnings to average equity (YTD only)
  • 1.21%Net charge-offs to loans
  • 101.38%Credit loss provision to net charge-offs
  • 2.57%Efficiency ratio
  • 52,728Assets per employee
  • 3.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.20%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 103.11%Noncurrent assets plus other real estate owned to assets
  • 2.75%Noncurrent loans to loans
  • 1.21%Net loans and leases to deposits
  • 71.15%Net loans and leases to core deposits
  • 74.58%Equity capital to assets
  • 10.55%Core capital (leverage) ratio
  • 10.63%Tier 1 risk-based capital ratio
  • 15.60%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $614,392Average earning assets
  • $64,318Average equity
  • $568,892Average loans

List of branches

  • 9 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040243Metro Bank800 Martin Street South, Pell City, AL 35128May 30, 1989Full Service Brick and Mortar
    1359018Ragland Branch1164 Main Street, Ragland, AL 35131Febuary 22, 1999Full Service Brick and Mortar
    2360665Lincoln Branch47537 Highway 78, Lincoln, AL 35096November 01, 2000Full Service Brick and Mortar
    3364643Heflin Branch1022 Coleman St, Heflin, AL 36264January 02, 2002Full Service Brick and Mortar
    4364644Pell City Remote BranchHighway 231 North & Lewis Lake Rd, Pell City, AL 35125October 15, 2001Limited Service Facility
    5423171Ashville Branch35489 Ushwy 231, Ashville, AL 35953September 17, 2003Full Service Brick and Mortar
    6443930Southside Branch2325 Highway 77, Southside, AL 35907April 08, 2005Full Service Brick and Mortar
    7469481Martin Street Branch1920 Martin Street South, Pell City, AL 35128July 09, 2007Limited Service Facility
    8489870Moody Branch2603 Moody Parkway, Moody, AL 35004April 06, 2009Full Service Brick and Mortar

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