Metro Bank

800 Martin Street South
Pell City, AL 35128

Notable Rates APY Vs.Others
Savings 0.25% 1.90% →
1-Year CD 0.75% 1.90% →
2-Year CD 1.00% 1.95% →
5-Year CD 1.50% 2.00% →
30-Year Mortgage N.A. 3.14% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.50% →

2020 Overview

General Bank Information

Metro Bank is an FDIC insured institution located in Pell City, AL. It was founded in 1989 and has approximately $0.76 billion in assets. Customers can open an account at one of its 9 branches.

FDIC Insured Yes
FDIC Certificate # 27510
Date Established 1989
Assets $0.76 billion
Loans $0.44 billion
Deposits $0.64 billion
Capital $0.12 billion
 

For a more detailed analysis of Metro Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - April 7, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,500 $9,999 Learn MoreShow Less
Money Market
0.25% $10,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn MoreShow Less
6 Mo CD
0.50% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.75% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 - Learn MoreShow Less

Loan Rates - April 7, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Metro Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
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Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Metro Bank
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Branches

Metro Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Metro Bank Locations


Financial Details

Metro Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Metro Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Metro Bank U.S. Bank Average
7.58% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2019, Metro Bank had $4,257,000 in non-current loans and $5,171,000 in owned real estate. To cover these potential losses it had $118,975,000 in equity and $5,378,000 in loans loss reserves. That gives it a Texas Ratio of 7.58%.

Return on Equity
Metro Bank U.S. Bank Average
10.58% 9.41%

Metro Bank has a Return on Equity of 10.58% versus the BestCashCow average of 9.41%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Metro Bank U.S. Bank Average
15.58% 12.82%

Metro Bank has a Capitalization of 15.58% versus the BestCashCow average of 12.82. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Metro Bank Balance Sheet Analysis

As of December 31, 2019, Metro Bank had assets of $763,507,000, loans of $441,801,000, and deposits of $640,786,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $0.05 billion
Interest-bearing balances $0.04 billion
Total securities $0.21 billion
Federal funds sold and reverse repurchase $0.03 billion
Net loans and leases $0.44 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.64 billion
LIABILITIES
Total deposits $0.64 billion
      Interest-bearing deposits $0.48 billion
      Deposits held in domestic offices $0.64 billion
      % insured (estimated) 81.43%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.64 billion
      Shareholders’ Equity $0.12 billion

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.03 billion
Total Interest Expense $0.00 billion
Net interest income $0.03 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.02 billion

Bank Loan Profile?

The top three loan types in Metro Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Alabama, Metro Bank has a significantly higher percent of Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 19.79
Multifamily
Mortgages
4.39
Credit Card Loans 0.00
Consumer Auto Loans 0.85
Small Business Loans 17.65
Construction and Development Loans 17.08
Commercial Real Estate 36.35
Commercial and Industrial Loans 14.57
Farm Loans 0.00

Frequently Asked Questions About Metro Bank

Branches and Savings

Is Metro Bank FDIC insured?

Yes. It is covered under FDIC Certificate #27510.

Why does Metro Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Metro Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Metro Bank a commercial bank?

Yes

Where are Metro Bank locations?

See branch locations nearby.

Is Metro Bank open on Saturdays?

Is Metro Bank open on Sundays?

What time does Metro Bank open?

What time does Metro Bank close?

Are Metro Bank ATMs Open 24/7?

Do Metro Bank ATMs accept cash deposits?

Can Metro Bank customers use other ATMs?

Do Metro Bank branches have notaries?

Will Metro Bank notarize my document?

What address for Metro Bank should I put for incoming ACH transfers?

Will the Metro Bank branch print checks?

Do Metro Bank checks expire?

Does Metro Bank require US citizenship to open account?

Can Metro Bank close my account?

Does Metro Bank Report to credit bureaus?

Does Metro Bank Use Equifax?

What is Metro Bank's ACH Routing Number?

What is Metro Bank's SWIFT code?

Products

Does Metro Bank offer mortgages?

Compare mortgage rates here.

Does Metro Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Metro Bank offer personal loans?

Compare personal loan rates here.

Does Metro Bank offer student loans?

Will Metro Bank cash a check?

Will Metro Bank redeem a savings bond?

Does Metro Bank cash savings bonds?

Will Metro Bank cash money orders?

Can Metro Bank issue a money order?

Does Metro Bank do currency exchange?

Background on The Bank

Who owns Metro Bank?

How long has Metro Bank been around?

Can Metro Bank transfer to other banks?

Does Metro Bank have quick pay?

Does Metro Bank accept rolled coins?

Will Metro Bank accept loose change?

Where is Metro Bank headquarters?

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