FDIC Certificate #: 58310 Status: Active Federal Reserve ID: 3470154 Date Established: September 15, 2006 WWW:http://www.usmetrobank.com 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
No
ID
Name
Address
Established
Service Type
Map
0
445960
Us Metro Bank
9866 Garden Grove Boulevard, Garden Grove, CA 92844
September 15, 2006
Full Service Brick and Mortar
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