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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Metrobank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents