Metrobank in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 31, 1996

  • Metrobank in Los Angeles, California (CA)
  • Show street view No street view available for this location

Metrobank - Overview

  • General
  • FDIC Certificate #: 22797
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Comerica Bank-California (#22894)
    Federal Reserve ID: 280763
    Date Established: January 16, 1979
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 9800
    FDIC's unique #: 15920
    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: January 16, 1979
    Last Structure Change Effective Date: October 31, 1996
    Last Structure Change Process Date: December 09, 1996
    Last Data Update: December 09, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 10900 Wilshire Boulevard, Los Angeles, CA 90080
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (West)
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Los Angeles-Long Beach, CA (#4480)
    Consolidated Metropolitan Statistical Area (CMSA): Los Angeles-Riverside-Orange County, CA (#49)
    Combined Statistical Area (CSA): Los Angeles-Long Beach-Riverside, CA (#348)
    Core Based Statistical Area (CBSA): Los Angeles-Long Beach-Santa Ana, CA (#31100)
    CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100)
    Core Based Statistical Division: Los Angeles-Long Beach-Glendale, CA (#31084)
  • Financial Summary
  • Total assets: $1,253.9 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)
  • $347Total assets
  • $1,266,910Cash and due from depository institutions
  • $114,925Interest-bearing balances
  • $52Securities
  • $224,747Federal funds sold & reverse repurchase agreements
  • $200,000Net loans & leases
  • $687,796Loan loss allowance
  • $10,650Trading account assets
  • $5Bank premises and fixed assets
  • $3,073Other real estate owned
  • $15,494Goodwill and other intangibles
  • $18,583Life insurance assets
  • $2,287All other assets
  • $0Total liabilities and capital
  • $1,266,910Total liabilities
  • $1,187,122Total deposits
  • $1,170,172Interest-bearing deposits
  • $524,655Deposits held in domestic offices
  • 1170172.00%% insured (estimated)
  • $37Federal funds purchased & repurchase agreements
  • $8,210Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $8,740Total equity capital
  • $8,740Total bank equity capital
  • $79,788Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $45,798Undivided profits
  • Memoranda
  • $33,990Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,706Income earned, not collected on loans
  • $4,161Earning assets
  • $1,112,595Long-term assets (5+ years)
  • $32,775Average Assets, year-to-date
  • $1,199,514Average Assets, quarterly
  • $1,270,611Volatile liabilities
  • $135,068Insider loans
  • $14,283FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $224,954Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $77,501Total risk weighted assets
  • $811,496Total unused commitments
  • $0Restructured Loans and leases
  • $3,283Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $89,500Total interest expense
  • $21,949Net interest income
  • $67,551Provision for loan and lease losses
  • $5,442Total noninterest income
  • $5,684Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,418Trading account gains & fees
  • $20Additional noninterest income
  • $4,246Total noninterest expense
  • $51,848Salaries and employee benefits
  • $20,211Premises and equipment expense
  • $5,847Additional noninterest expense
  • $25,790Pre-tax net operating income
  • $15,945Securities gains (losses)
  • $636Applicable income taxes
  • $5,940Income before extraordinary items
  • $10,641Extraordinary gains - net
  • $0Net income attributable to bank
  • $10,641Net charge-offs
  • $13,599Cash dividends
  • $3,258Sale, conversion, retirement of capital stock, net
  • $1,780Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.51%Cost of funding earning assets
  • 2.09%Net interest margin
  • 6.42%Noninterest income to earning assets
  • 0.54%Noninterest expense to earning assets
  • 4.93%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 0.89%Pretax return on assets
  • 1.38%Return on equity (ROE)
  • 14.23%Retained earnings to average equity (YTD only)
  • 9.88%Net charge-offs to loans
  • 1.96%Credit loss provision to net charge-offs
  • 40.02%Efficiency ratio
  • 70,586Assets per employee
  • 3.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.62%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 83.82%Noncurrent assets plus other real estate owned to assets
  • 1.00%Noncurrent loans to loans
  • 1.82%Net loans and leases to deposits
  • 58.78%Net loans and leases to core deposits
  • 65.92%Equity capital to assets
  • 6.30%Core capital (leverage) ratio
  • 6.59%Tier 1 risk-based capital ratio
  • 9.55%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,199,514Average earning assets
  • $74,754Average equity
  • $1,051,747Average loans

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