Metro Phoenix Bank in Phoenix, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches


Metro Phoenix Bank - Overview

  • General
  • FDIC Certificate #: 58402
    Status: Active
    Federal Reserve ID: 3634394
    Date Established: September 13, 2007
    WWW: http://www.metrophoenixbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 450889
    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: September 13, 2007
    Last Structure Change Effective Date: July 14, 2009
    Last Structure Change Process Date: July 14, 2009
    Last Data Update: July 14, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 4686 E. Van Buren, Suite 150, Phoenix, AZ 85008
    County: Maricopa
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Phoenix-Mesa, AZ (#6200)
    Core Based Statistical Area (CBSA): Phoenix-Mesa-Glendale, AZ (#38060)
    CBSA Metro Statistical Area: Phoenix-Mesa-Glendale, AZ (#38060)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $63.2 mil
    Equity capital: $8.4 mil
    Deposits held in domestic offices: $54.3 mil
    Return on assets (ROA): -0.72% (-$0.5 mil)
    Quarterly return on assets: -0.36% (-$0.2 mil)
    Return on Equity (ROE): -5.32% (-$0.4 mil)
    Quarterly return on equity: -2.74% (-$0.2 mil)
    Net income: -$0.5 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -0.72% (-$454.8 mil)
    Quarterly Pretax return on assets: -0.36% (-$227.4 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
  • 22Total employees (full-time equivalent)
  • $63,162Total assets
  • $7,008Cash and due from depository institutions
  • $697Interest-bearing balances
  • $0Securities
  • $12,393Federal funds sold & reverse repurchase agreements
  • $41,280Net loans & leases
  • $2,154Loan loss allowance
  • $0Trading account assets
  • $498Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $63,162Life insurance assets
  • $1,983All other assets
  • $54,721Total liabilities and capital
  • $54,330Total liabilities
  • $46,165Total deposits
  • $54,330Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $391Subordinated debt
  • $8,441All other liabilities
  • $8,441Total equity capital
  • $8,441Total bank equity capital
  • $0Perpetual preferred stock
  • $19,758Common stock
  • $984Surplus
  • $-12,301Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,761Income earned, not collected on loans
  • $0Earning assets
  • $203Long-term assets (5+ years)
  • $54,370Average Assets, year-to-date
  • $7,506Average Assets, quarterly
  • $65,695Volatile liabilities
  • $64,557Insider loans
  • $43,278FHLB advances
  • $65,963Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,441Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,317Restructured Loans and leases
  • $3,075Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,999Total interest income
  • $535Total interest expense
  • $2,464Net interest income
  • $814Provision for loan and lease losses
  • $2,459Total noninterest income
  • $0Fiduciary activities
  • $218Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,241Additional noninterest income
  • $4,577Total noninterest expense
  • $2,209Salaries and employee benefits
  • $431Premises and equipment expense
  • $1,937Additional noninterest expense
  • -$468Pre-tax net operating income
  • -$7Securities gains (losses)
  • $0Applicable income taxes
  • -$475Income before extraordinary items
  • $0Extraordinary gains - net
  • -$475Net income attributable to bank
  • $0Net charge-offs
  • -$475Cash dividends
  • $569Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.14%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 4.23%Net interest margin
  • 4.22%Noninterest income to earning assets
  • 7.85%Noninterest expense to earning assets
  • -0.71%Net operating income to assets
  • -0.72%Return on assets (ROA)
  • -0.72%Pretax return on assets
  • -5.32%Return on equity (ROE)
  • -5.32%Retained earnings to average equity (YTD only)
  • 1.15%Net charge-offs to loans
  • 143.06%Credit loss provision to net charge-offs
  • 0.61%Efficiency ratio
  • 92,972Assets per employee
  • 2.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.96%Loss allowance to noncurrent loans
  • 78.02%Noncurrent assets plus other real estate owned to assets
  • 4.37%Noncurrent loans to loans
  • 6.36%Net loans and leases to deposits
  • 75.98%Net loans and leases to core deposits
  • 90.34%Equity capital to assets
  • 13.36%Core capital (leverage) ratio
  • 12.80%Tier 1 risk-based capital ratio
  • 19.50%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $65,695Average earning assets
  • $8,936Average equity
  • $58,319Average loans

List of branches

  • 1 Arizona Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0450889Metro Phoenix Bank4686 E. Van Buren, Suite 150, Phoenix, AZ 85008September 13, 2007Full Service Brick and Mortar

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