US Metro Bank in Garden Grove, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

US Metro Bank - Overview

  • General
  • FDIC Certificate #: 58310
    Status: Active
    Federal Reserve ID: 3470154
    Date Established: September 15, 2006
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 445960
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 15, 2006
    Last Structure Change Effective Date: September 23, 2011
    Last Structure Change Process Date: September 23, 2011
    Last Data Update: September 23, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 9866 Garden Grove Boulevard, Garden Grove, CA 92844
    County: Orange
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Orange
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Orange County, CA (#5945)
    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: Santa Ana-Anaheim-Irvine, CA (#42044)
  • Financial Summary
  • Total assets: $94.2 mil
    Equity capital: $15.4 mil
    Deposits held in domestic offices: $78.5 mil
    Return on assets (ROA): -0.14% (-$0.1 mil)
    Quarterly return on assets: -1.64% (-$1.5 mil)
    Return on Equity (ROE): -0.87% (-$0.1 mil)
    Quarterly return on equity: -9.95% (-$1.5 mil)
    Net income: -$0.1 mil
    Quarterly Net income: -$0.4 mil
    Pretax return on assets: -0.14% (-$131.9 mil)
    Quarterly Pretax return on assets: -1.64% (-$1,545.5 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
  • 22Total employees (full-time equivalent)
  • $94,240Total assets
  • $24,789Cash and due from depository institutions
  • $22,898Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $66,804Net loans & leases
  • $2,562Loan loss allowance
  • $0Trading account assets
  • $1,068Bank premises and fixed assets
  • $0Other real estate owned
  • $237Goodwill and other intangibles
  • $94,240Life insurance assets
  • $1,342All other assets
  • $78,850Total liabilities and capital
  • $78,542Total liabilities
  • $66,836Total deposits
  • $78,542Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $308Subordinated debt
  • $15,390All other liabilities
  • $15,390Total equity capital
  • $15,390Total bank equity capital
  • $2,937Perpetual preferred stock
  • $19,781Common stock
  • $1,315Surplus
  • $-8,643Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $516Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,711Income earned, not collected on loans
  • $2,085Earning assets
  • $261Long-term assets (5+ years)
  • $89,702Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $99,016Volatile liabilities
  • $94,660Insider loans
  • $67,501FHLB advances
  • $93,245Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,366Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $431Restructured Loans and leases
  • $3,774Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,645Total interest income
  • $869Total interest expense
  • $3,776Net interest income
  • $1,300Provision for loan and lease losses
  • $1,224Total noninterest income
  • $0Fiduciary activities
  • $300Service charges on deposit accounts
  • $0Trading account gains & fees
  • $924Additional noninterest income
  • $3,836Total noninterest expense
  • $2,098Salaries and employee benefits
  • $544Premises and equipment expense
  • $1,194Additional noninterest expense
  • -$136Pre-tax net operating income
  • $0Securities gains (losses)
  • $2Applicable income taxes
  • -$138Income before extraordinary items
  • $0Extraordinary gains - net
  • -$138Net income attributable to bank
  • $0Net charge-offs
  • -$138Cash dividends
  • $757Sale, conversion, retirement of capital stock, net
  • $156Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 4.04%Net interest margin
  • 1.31%Noninterest income to earning assets
  • 4.11%Noninterest expense to earning assets
  • -0.14%Net operating income to assets
  • -0.14%Return on assets (ROA)
  • -0.14%Pretax return on assets
  • -0.87%Return on equity (ROE)
  • -1.86%Retained earnings to average equity (YTD only)
  • 1.00%Net charge-offs to loans
  • 171.73%Credit loss provision to net charge-offs
  • 1.54%Efficiency ratio
  • 76,720Assets per employee
  • 4.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -113.04%Loss allowance to loans
  • 3.69%Loss allowance to noncurrent loans
  • 54.38%Noncurrent assets plus other real estate owned to assets
  • 5.00%Noncurrent loans to loans
  • 6.79%Net loans and leases to deposits
  • 85.06%Net loans and leases to core deposits
  • 92.16%Equity capital to assets
  • 16.33%Core capital (leverage) ratio
  • 16.48%Tier 1 risk-based capital ratio
  • 22.76%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $99,016Average earning assets
  • $15,809Average equity
  • $93,423Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0445960Us Metro Bank9866 Garden Grove Boulevard, Garden Grove, CA 92844September 15, 2006Full Service Brick and Mortar

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 US Metro Bank.
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