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 ’016.50%Q4 ’015.19%Q4 ’02+2%-18%

Non-interest income vs. expense

3.43%Q1 ’012.82%Q4 ’012.73%Q4 ’02-24%-4%

Executive Summary

  • Earnings: ROA of 0.94%, down 36 bps year over year; NIM at 3.46%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.30%.
  • Funding: loans stand at 72.92% of deposits as of Q4 2002.

Financial Results

Return on Assets (quarter, annualized)

0.94%-36 bps YoY

Net Interest Margin (quarter, annualized)

3.46%-77 bps YoY

Efficiency Ratio (quarter, annualized)

63.65%+806 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2001Q1 2002Q2 2002Q3 2002Q4 2002YoY ΔTrend
Earnings
Return on Assets1.30%0.96%1.11%0.97%0.94%-36 bps
Return on Equity17.63%12.66%13.85%12.34%12.32%-532 bps
Net Interest Margin4.23%4.29%4.59%4.06%3.46%-77 bps
Efficiency Ratio55.58%66.03%60.93%62.98%63.65%+806 bps
Non-Interest Burden1.97%2.59%2.49%2.24%1.90%-7 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 / Loans0.12%0.10%0.51%0.08%0.30%+17 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