Metropolitan Bank and Trust in Highland Hills, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 16, 2003

  • Metropolitan Bank and Trust in Highland Hills, Ohio (OH)
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Metropolitan Bank and Trust - Overview

  • General
  • FDIC Certificate #: 31101
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sky Bank (#5982)
    Federal Reserve ID: 699673
    Date Established: January 01, 1958
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6381
    FDIC's unique #: 43935
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 18, 1959
    Last Structure Change Effective Date: May 16, 2003
    Last Structure Change Process Date: May 30, 2003
    Last Data Update: May 30, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 22901 Millcreek Boulevard, Highland Hills, OH 44122
    County: Cuyahoga
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Cleveland-Lorain-Elyria, OH (#1680)
    Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28)
    Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184)
    Core Based Statistical Area (CBSA): Cleveland-Elyria-Mentor, OH (#17460)
    CBSA Metro Statistical Area: Cleveland-Elyria-Mentor, OH (#17460)
  • Financial Summary
  • Total assets: $1,336.5 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, 2002)

  • Dollar figures in thousands
  • 377Total employees (full-time equivalent)
  • $1,472,671Total assets
  • $35,298Cash and due from depository institutions
  • $4,358Interest-bearing balances
  • $265,197Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,057,176Net loans & leases
  • $10,944Loan loss allowance
  • $0Trading account assets
  • $54,893Bank premises and fixed assets
  • $5,955Other real estate owned
  • $15,299Goodwill and other intangibles
  • $0Life insurance assets
  • $38,853All other assets
  • $1,472,671Total liabilities and capital
  • $1,362,356Total liabilities
  • $1,066,337Total deposits
  • $1,066,337Interest-bearing deposits
  • $1,066,337Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $49,140Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $225,279Other borrowed funds
  • $0Subordinated debt
  • $21,600All other liabilities
  • $110,315Total equity capital
  • $110,315Total bank equity capital
  • $110,315Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $82,800Undivided profits
  • Memoranda
  • $27,514Noncurrent loans and leases
  • $240,520Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $27,089Earning assets
  • $0Long-term assets (5+ years)
  • $5,409Average Assets, year-to-date
  • $1,326,731Average Assets, quarterly
  • $0Volatile liabilities
  • $1,533,014Insider loans
  • $1,483,444FHLB advances
  • $596,380Loans and leases held for sale
  • $944Unused loan commitments
  • $225,279Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $236,520Total unused commitments
  • $18,975Restructured Loans and leases
  • $10,944Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $89,775Total interest income
  • $54,430Total interest expense
  • $35,345Net interest income
  • $5,720Provision for loan and lease losses
  • -$4,893Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$4,893Additional noninterest income
  • $50,750Total noninterest expense
  • $21,766Salaries and employee benefits
  • $7,232Premises and equipment expense
  • $21,752Additional noninterest expense
  • -$26,018Pre-tax net operating income
  • $11,723Securities gains (losses)
  • -$5,000Applicable income taxes
  • -$9,295Income before extraordinary items
  • $0Extraordinary gains - net
  • -$9,295Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $5,561Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.52%Yield on earning assets
  • 3.96%Cost of funding earning assets
  • 2.57%Net interest margin
  • -0.36%Noninterest income to earning assets
  • 3.69%Noninterest expense to earning assets
  • -1.10%Net operating income to assets
  • -0.61%Return on assets (ROA)
  • -0.93%Pretax return on assets
  • -8.59%Return on equity (ROE)
  • -8.59%Retained earnings to average equity (YTD only)
  • 0.51%Net charge-offs to loans
  • 102.86%Credit loss provision to net charge-offs
  • -3.65%Efficiency ratio
  • 166,623Assets per employee
  • 3.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 40.40%Noncurrent assets plus other real estate owned to assets
  • 2.24%Noncurrent loans to loans
  • 2.54%Net loans and leases to deposits
  • 99.14%Net loans and leases to core deposits
  • 142.02%Equity capital to assets
  • 7.49%Core capital (leverage) ratio
  • 7.50%Tier 1 risk-based capital ratio
  • 9.82%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,533,014Average earning assets
  • $108,241Average equity
  • $1,376,070Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $61Managed Assets
  • 1Number of Accounts
  • $61Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $26Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $35Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 8Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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