Metro Bank in Kenner, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 12, 2001

  • Metro Bank in Kenner, Louisiana (LA)
  • Show street view No street view available for this location

Metro Bank - Overview

  • General
  • FDIC Certificate #: 33423
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: First Bank and Trust (#33405)
    Federal Reserve ID: 1863716
    Date Established: May 24, 1991
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 13336
    FDIC's unique #: 47105
    Numeric code: 21
    Regulator: FDIC
    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 24, 1991
    Last Structure Change Effective Date: March 12, 2001
    Last Structure Change Process Date: March 30, 2001
    Last Data Update: March 30, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 3417 Williams Boulevard, Kenner, LA 70062
    County: Jefferson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
    Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
    Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
    CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
  • Financial Summary
  • Total assets: $71.2 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 41Total employees (full-time equivalent)
  • $71,201Total assets
  • $10,128Cash and due from depository institutions
  • $7,172Interest-bearing balances
  • $1,839Securities
  • $1,175Federal funds sold & reverse repurchase agreements
  • $55,767Net loans & leases
  • $689Loan loss allowance
  • $0Trading account assets
  • $1,574Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $718All other assets
  • $71,201Total liabilities and capital
  • $65,841Total liabilities
  • $63,670Total deposits
  • $53,975Interest-bearing deposits
  • $63,670Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,000Other borrowed funds
  • $0Subordinated debt
  • $171All other liabilities
  • $5,360Total equity capital
  • $5,360Total bank equity capital
  • $5,360Perpetual preferred stock
  • $0Common stock
  • $720Surplus
  • $1,365Undivided profits
  • Memoranda
  • $3,275Noncurrent loans and leases
  • $3,878Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $313Earning assets
  • $0Long-term assets (5+ years)
  • $347Average Assets, year-to-date
  • $65,953Average Assets, quarterly
  • $4,293Volatile liabilities
  • $70,239Insider loans
  • $71,216FHLB advances
  • $7,155Loans and leases held for sale
  • $491Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,878Total unused commitments
  • $0Restructured Loans and leases
  • $654Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $6,861Total interest income
  • $2,956Total interest expense
  • $3,905Net interest income
  • $402Provision for loan and lease losses
  • $535Total noninterest income
  • $0Fiduciary activities
  • $363Service charges on deposit accounts
  • $0Trading account gains & fees
  • $172Additional noninterest income
  • $2,959Total noninterest expense
  • $1,488Salaries and employee benefits
  • $416Premises and equipment expense
  • $1,055Additional noninterest expense
  • $1,079Pre-tax net operating income
  • $0Securities gains (losses)
  • $370Applicable income taxes
  • $709Income before extraordinary items
  • $0Extraordinary gains - net
  • $709Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $262Sale, conversion, retirement of capital stock, net
  • $137Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.51%Yield on earning assets
  • 4.53%Cost of funding earning assets
  • 5.98%Net interest margin
  • 0.82%Noninterest income to earning assets
  • 4.53%Noninterest expense to earning assets
  • 1.01%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 14.02%Return on equity (ROE)
  • 11.31%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 153.44%Credit loss provision to net charge-offs
  • 5.65%Efficiency ratio
  • 66,644Assets per employee
  • 1.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.32%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 220.13%Noncurrent assets plus other real estate owned to assets
  • 0.44%Noncurrent loans to loans
  • 0.55%Net loans and leases to deposits
  • 87.59%Net loans and leases to core deposits
  • 98.68%Equity capital to assets
  • 7.53%Core capital (leverage) ratio
  • 7.75%Tier 1 risk-based capital ratio
  • 10.29%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $70,239Average earning assets
  • $5,055Average equity
  • $65,282Average loans

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