PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Metrobank

Indianapolis, IN · Cert 27231

FDIC

Q4 2002

$195.2MAssets
$117.8MLoans
$161.6MDeposits
$15.2MEquity
Loan mix
50%RE $21.7M49%C&I $21.2M1%Consumer $0.4MQ4 2001Q4 2002
Deposit mix
73%Interest-bearing $118.6M27%Noninterest $43.0MQ4 2001Q4 2002

NIM

7.98%Q1 ’017.08%Q4 ’015.40%Q4 ’02-1%-9%

Non-interest income vs. expense

3.43%Q1 ’013.13%Q4 ’012.84%Q4 ’02-11%-9%

Executive Summary

  • Earnings: ROA of 0.99%, down 6 bps year over year; NIM at 3.75%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.25%.
  • Funding: loans stand at 72.92% of deposits as of Q4 2002.

Financial Results

Return on Assets (YTD, annualized)

0.99%-6 bps YoY

Net Interest Margin (YTD, annualized)

3.75%-37 bps YoY

Efficiency Ratio (YTD, annualized)

63.37%+1 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2001Q1 2002Q2 2002Q3 2002Q4 2002YoY ΔTrend
Earnings
Return on Assets1.05%0.96%1.03%1.00%0.99%-6 bps
Return on Equityn/a12.66%13.23%12.93%12.77%n/a
Net Interest Margin4.12%4.29%4.54%4.15%3.75%-37 bps
Efficiency Ratio63.36%66.03%63.44%63.29%63.37%+1 bps
Non-Interest Burden2.31%2.59%2.60%2.35%2.11%-20 bps
Growth
Asset Growth (YoY)9.61%0.32%-1.23%11.08%7.22%-239 bps
Loan Growth (YoY)14.06%8.42%2.67%2.87%1.74%-1,232 bps
Deposit Growth (YoY)2.62%-1.21%-2.37%14.46%13.17%+1,054 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.11%0.10%0.30%0.23%0.25%+14 bps
Allowance / Loans1.26%1.30%1.23%1.29%1.30%+5 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital11.70%11.87%12.11%12.02%12.33%+63 bps
Equity / Assets7.36%7.78%8.32%7.46%7.79%+43 bps
Liquidity & Funding
Loans / Deposits81.11%82.03%87.32%74.21%72.92%-819 bps
Liquid Assets / Assets9.60%9.74%9.06%18.64%19.38%+978 bps
CRE / Total Capitaln/an/an/an/an/an/an/a