Metropolitan Bank in Oakland, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Metropolitan Bank in Oakland, California (CA)
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Metropolitan Bank - Overview

  • General
  • FDIC Certificate #: 25869
    Status: Active
    Federal Reserve ID: 534466
    Bank Holding Company (Regulatory Top Holder): Met Financial Corporation (RSSDID: 1139439, Location: Oakland, CA)
    Date Established: September 01, 1983
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 8804
    FDIC's unique #: 32110
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 17, 1984
    Last Structure Change Effective Date: January 10, 2012
    Last Structure Change Process Date: January 10, 2012
    Last Data Update: January 10, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 250 East 18th Street, Oakland, CA 94606
    County: Alameda
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Oakland, CA (#5775)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860)
    CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860)
    Core Based Statistical Division: Oakland-Fremont-Hayward, CA (#36084)
  • Financial Summary
  • Total assets: $139.7 mil
    Equity capital: $14.4 mil
    Deposits held in domestic offices: $116.8 mil
    Return on assets (ROA): -0.28% (-$0.4 mil)
    Quarterly return on assets: -0.69% (-$1.0 mil)
    Return on Equity (ROE): -2.80% (-$0.4 mil)
    Quarterly return on equity: -6.65% (-$0.9 mil)
    Net income: -$0.4 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -0.28% (-$391.2 mil)
    Quarterly Pretax return on assets: -0.69% (-$963.9 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, 2011)

  • Dollar figures in thousands
  • 38Total employees (full-time equivalent)
  • $139,697Total assets
  • $19,526Cash and due from depository institutions
  • $18,966Interest-bearing balances
  • $12,899Securities
  • $115Federal funds sold & reverse repurchase agreements
  • $102,448Net loans & leases
  • $2,225Loan loss allowance
  • $0Trading account assets
  • $1,389Bank premises and fixed assets
  • $1,180Other real estate owned
  • $0Goodwill and other intangibles
  • $139,697Life insurance assets
  • $2,140All other assets
  • $125,281Total liabilities and capital
  • $116,809Total liabilities
  • $110,710Total deposits
  • $116,809Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,000Trading liabilities
  • $0Other borrowed funds
  • $472Subordinated debt
  • $14,416All other liabilities
  • $14,416Total equity capital
  • $14,416Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,000Surplus
  • $12,416Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,791Income earned, not collected on loans
  • $0Earning assets
  • $693Long-term assets (5+ years)
  • $134,428Average Assets, year-to-date
  • $46,491Average Assets, quarterly
  • $145,391Volatile liabilities
  • $140,656Insider loans
  • $95,334FHLB advances
  • $141,761Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,009Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,347Restructured Loans and leases
  • $283Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,682Total interest income
  • $1,429Total interest expense
  • $6,253Net interest income
  • $2,591Provision for loan and lease losses
  • $36Total noninterest income
  • $0Fiduciary activities
  • $58Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$22Additional noninterest income
  • $4,110Total noninterest expense
  • $2,113Salaries and employee benefits
  • $372Premises and equipment expense
  • $1,625Additional noninterest expense
  • -$412Pre-tax net operating income
  • $0Securities gains (losses)
  • -$3Applicable income taxes
  • -$409Income before extraordinary items
  • $0Extraordinary gains - net
  • -$409Net income attributable to bank
  • $0Net charge-offs
  • -$409Cash dividends
  • $3,332Sale, conversion, retirement of capital stock, net
  • $51Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.51%Yield on earning assets
  • 1.03%Cost of funding earning assets
  • 4.49%Net interest margin
  • 0.03%Noninterest income to earning assets
  • 2.95%Noninterest expense to earning assets
  • -0.28%Net operating income to assets
  • -0.28%Return on assets (ROA)
  • -0.28%Pretax return on assets
  • -2.80%Return on equity (ROE)
  • -3.15%Retained earnings to average equity (YTD only)
  • 2.95%Net charge-offs to loans
  • 77.76%Credit loss provision to net charge-offs
  • 0.65%Efficiency ratio
  • 65,352Assets per employee
  • 3.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -12.47%Loss allowance to loans
  • 2.13%Loss allowance to noncurrent loans
  • 32.76%Noncurrent assets plus other real estate owned to assets
  • 5.71%Noncurrent loans to loans
  • 6.49%Net loans and leases to deposits
  • 87.71%Net loans and leases to core deposits
  • 96.54%Equity capital to assets
  • 10.32%Core capital (leverage) ratio
  • 9.88%Tier 1 risk-based capital ratio
  • 14.69%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $145,391Average earning assets
  • $14,586Average equity
  • $139,365Average loans

List of branches

  • 4 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032110Metropolitan Bank250 East 18th Street, Oakland, CA 94606September 01, 1983Full Service Brick and Mortar
    2258314San Jose Branch1816 Tully Road, No. 192, San Jose, CA 95122May 02, 1988Full Service Brick and Mortar
    339009San Francisco Branch1351 Powell Street, San Francisco, CA 94133Febuary 16, 1988Full Service Brick and Mortar
    5258315Oakland Chinatown Branch381 8th Street, Oakland, CA 94607July 01, 1997Full Service Brick and Mortar

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