Metrobank, National Association in Davenport, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 07, 2006

  • Metrobank, National Association in Davenport, Iowa (IA)
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Metrobank, National Association - Overview

  • General
  • FDIC Certificate #: 12099
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: THE National Bank (#57918)
    Federal Reserve ID: 729637
    Date Established: January 01, 1904
    WWW: http://www.metrobankonline.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 20 (Interstate: No)
    OTS Docket #: 15761
    FDIC's unique #: 7687
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 07, 2006
    Last Structure Change Process Date: October 20, 2006
    Last Data Update: October 20, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2322 East Kimberly Road, Davenport, IA 52807
    County: Scott
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • Financial Summary
  • Total assets: $543.3 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, 2005)

  • Dollar figures in thousands
  • 202Total employees (full-time equivalent)
  • $569,124Total assets
  • $29,072Cash and due from depository institutions
  • $278Interest-bearing balances
  • $288,663Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $218,956Net loans & leases
  • $2,425Loan loss allowance
  • $0Trading account assets
  • $9,076Bank premises and fixed assets
  • $48Other real estate owned
  • $10,729Goodwill and other intangibles
  • $0Life insurance assets
  • $12,580All other assets
  • $569,124Total liabilities and capital
  • $514,680Total liabilities
  • $504,580Total deposits
  • $449,624Interest-bearing deposits
  • $504,580Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $5,460Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,026Other borrowed funds
  • $0Subordinated debt
  • $2,614All other liabilities
  • $54,444Total equity capital
  • $54,444Total bank equity capital
  • $54,444Perpetual preferred stock
  • $0Common stock
  • $2,691Surplus
  • $21,455Undivided profits
  • Memoranda
  • $30,298Noncurrent loans and leases
  • $43,807Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,045Earning assets
  • $372Long-term assets (5+ years)
  • $5,902Average Assets, year-to-date
  • $507,897Average Assets, quarterly
  • $41,623Volatile liabilities
  • $569,906Insider loans
  • $573,649FHLB advances
  • $65,590Loans and leases held for sale
  • $1,243Unused loan commitments
  • $1,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $17,735Total risk weighted assets
  • $43,807Total unused commitments
  • $0Restructured Loans and leases
  • $2,425Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $24,996Total interest income
  • $9,244Total interest expense
  • $15,752Net interest income
  • -$1,250Provision for loan and lease losses
  • $4,695Total noninterest income
  • $400Fiduciary activities
  • $1,331Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,964Additional noninterest income
  • $14,139Total noninterest expense
  • $8,280Salaries and employee benefits
  • $2,141Premises and equipment expense
  • $3,718Additional noninterest expense
  • $7,558Pre-tax net operating income
  • $31Securities gains (losses)
  • $1,842Applicable income taxes
  • $5,747Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,747Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$174Sale, conversion, retirement of capital stock, net
  • $9,741Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.87%Yield on earning assets
  • 1.80%Cost of funding earning assets
  • 3.07%Net interest margin
  • 0.92%Noninterest income to earning assets
  • 2.76%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 9.98%Return on equity (ROE)
  • -6.94%Retained earnings to average equity (YTD only)
  • -0.08%Net charge-offs to loans
  • 718.39%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 68,176Assets per employee
  • 2.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 169.50%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 232.06%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.47%Net loans and leases to deposits
  • 43.39%Net loans and leases to core deposits
  • 49.15%Equity capital to assets
  • 9.57%Core capital (leverage) ratio
  • 8.12%Tier 1 risk-based capital ratio
  • 15.59%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $569,906Average earning assets
  • $57,563Average equity
  • $512,964Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $77,097Managed Assets
  • 1Number of Accounts
  • $39,675Personal trust and agency accounts
  • $36,146Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $3,529Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 99Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $37,422Other retirement accounts
  • $150Corporate trust and agency accounts
  • $37,115Other fiduciary accounts
  • $157Fiduciary accounts held in foreign offices

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