MetroBank in Indianapolis, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 14, 2003

  • MetroBank in Indianapolis, Indiana (IN)
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MetroBank - Overview

  • General
  • FDIC Certificate #: 27231
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Indiana Bank, National Association (#29057)
    Federal Reserve ID: 1188594
    Date Established: April 08, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 15786
    FDIC's unique #: 39165
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 08, 1988
    Last Structure Change Effective Date: January 14, 2003
    Last Structure Change Process Date: January 31, 2003
    Last Data Update: January 31, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 10333 North Meridian Street, Indianapolis, IN 46290
    County: Hamilton
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Indianapolis, IN (#3480)
    Combined Statistical Area (CSA): Indianapolis-Anderson-Columbus, IN (#294)
    Core Based Statistical Area (CBSA): Indianapolis-Carmel, IN (#26900)
    CBSA Metro Statistical Area: Indianapolis-Carmel, IN (#26900)
  • Financial Summary
  • Total assets: $195.2 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, 2002)

  • Dollar figures in thousands
  • 60Total employees (full-time equivalent)
  • $195,209Total assets
  • $49,753Cash and due from depository institutions
  • $34,633Interest-bearing balances
  • $25,481Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $116,281Net loans & leases
  • $1,537Loan loss allowance
  • $0Trading account assets
  • $1,085Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,609All other assets
  • $195,209Total liabilities and capital
  • $180,007Total liabilities
  • $161,563Total deposits
  • $118,557Interest-bearing deposits
  • $161,563Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $8,190Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $9,000Other borrowed funds
  • $0Subordinated debt
  • $1,254All other liabilities
  • $15,202Total equity capital
  • $15,202Total bank equity capital
  • $15,202Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $5,188Undivided profits
  • Memoranda
  • $9,914Noncurrent loans and leases
  • $19,246Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $384Earning assets
  • $200Long-term assets (5+ years)
  • $647Average Assets, year-to-date
  • $176,395Average Assets, quarterly
  • $20,191Volatile liabilities
  • $184,438Insider loans
  • $196,349FHLB advances
  • $34,532Loans and leases held for sale
  • $3,387Unused loan commitments
  • $9,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,732Total risk weighted assets
  • $19,246Total unused commitments
  • $619Restructured Loans and leases
  • $1,537Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $10,328Total interest income
  • $3,161Total interest expense
  • $7,167Net interest income
  • $371Provision for loan and lease losses
  • $1,392Total noninterest income
  • $0Fiduciary activities
  • $599Service charges on deposit accounts
  • $0Trading account gains & fees
  • $793Additional noninterest income
  • $5,424Total noninterest expense
  • $3,081Salaries and employee benefits
  • $800Premises and equipment expense
  • $1,543Additional noninterest expense
  • $2,764Pre-tax net operating income
  • $85Securities gains (losses)
  • $1,028Applicable income taxes
  • $1,821Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,821Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $291Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.16%Yield on earning assets
  • 1.89%Cost of funding earning assets
  • 4.27%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 3.24%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 0.99%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 12.77%Return on equity (ROE)
  • 12.77%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 127.49%Credit loss provision to net charge-offs
  • 10.77%Efficiency ratio
  • 63,372Assets per employee
  • 3.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 400.26%Noncurrent assets plus other real estate owned to assets
  • 0.20%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 71.97%Net loans and leases to core deposits
  • 82.93%Equity capital to assets
  • 7.79%Core capital (leverage) ratio
  • 7.77%Tier 1 risk-based capital ratio
  • 11.17%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $184,438Average earning assets
  • $14,257Average equity
  • $167,656Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $730Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 134Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $730Other retirement accounts
  • $730Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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