Metrobank of Philadelphia National Association in Philadelphia, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 08, 1996

  • Metrobank of Philadelphia National Association in Philadelphia, Pennsylvania (PA)
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Metrobank of Philadelphia National Association - Overview

  • General
  • FDIC Certificate #: 27525
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Jefferson Bank (#21800)
    Federal Reserve ID: 1392971
    Date Established: June 01, 1989
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 40258
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: June 01, 1989
    Last Structure Change Effective Date: March 08, 1996
    Last Structure Change Process Date: March 13, 1996
    Last Data Update: March 13, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1528 Walnut Street, Philadelphia, PA 19102
    County: Philadelphia
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $40.4 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)
  • $13Total assets
  • $40,379Cash and due from depository institutions
  • $2,900Interest-bearing balances
  • $1,838Securities
  • $9,717Federal funds sold & reverse repurchase agreements
  • $4,191Net loans & leases
  • $22,272Loan loss allowance
  • $1,025Trading account assets
  • $0Bank premises and fixed assets
  • $249Other real estate owned
  • $533Goodwill and other intangibles
  • $517Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $40,379Total liabilities
  • $40,195Total deposits
  • $39,177Interest-bearing deposits
  • $37,948Deposits held in domestic offices
  • 39177.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,018Total equity capital
  • $1,018Total bank equity capital
  • $184Perpetual preferred stock
  • $0Common stock
  • $508Surplus
  • $4,514Undivided profits
  • Memoranda
  • $-4,838Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,860Income earned, not collected on loans
  • $231Earning assets
  • $38,018Long-term assets (5+ years)
  • $3,168Average Assets, year-to-date
  • $44,728Average Assets, quarterly
  • $42,389Volatile liabilities
  • $5,218Insider loans
  • $43FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,745Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $271Total risk weighted assets
  • $29,883Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,552Total interest expense
  • $2,338Net interest income
  • $1,214Provision for loan and lease losses
  • $1,002Total noninterest income
  • $85Fiduciary activities
  • $0Service charges on deposit accounts
  • $46Trading account gains & fees
  • $0Additional noninterest income
  • $39Total noninterest expense
  • $2,436Salaries and employee benefits
  • $573Premises and equipment expense
  • $338Additional noninterest expense
  • $1,525Pre-tax net operating income
  • -$2,139Securities gains (losses)
  • $32Applicable income taxes
  • $0Income before extraordinary items
  • -$2,107Extraordinary gains - net
  • $0Net income attributable to bank
  • -$2,107Net charge-offs
  • $779Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.42%Cost of funding earning assets
  • 5.54%Net interest margin
  • 2.88%Noninterest income to earning assets
  • 0.20%Noninterest expense to earning assets
  • 5.77%Net operating income to assets
  • -4.78%Return on assets (ROA)
  • -4.71%Pretax return on assets
  • -4.71%Return on equity (ROE)
  • -138.93%Retained earnings to average equity (YTD only)
  • -138.93%Net charge-offs to loans
  • 3.04%Credit loss provision to net charge-offs
  • 128.63%Efficiency ratio
  • 187,529Assets per employee
  • 3.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.40%Loss allowance to noncurrent loans
  • 55.11%Noncurrent assets plus other real estate owned to assets
  • 5.93%Noncurrent loans to loans
  • 7.98%Net loans and leases to deposits
  • 56.85%Net loans and leases to core deposits
  • 65.58%Equity capital to assets
  • 0.46%Core capital (leverage) ratio
  • 0.66%Tier 1 risk-based capital ratio
  • 0.91%Total risk-based capital ratio
  • Memoranda
  • $2Average assets
  • $44,728Average earning assets
  • $1,517Average equity
  • $42,209Average loans

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