Metro City Bank

5114 Buford Hwy
Doraville, GA 30340

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58181
Date Established 2006
Assets $1.44 billion
Loans $1.17 billion
Deposits $1.27 billion
Capital $0.16 billion

Metro City Bank is an FDIC insured institution located in Doraville, GA. It was founded in 2006 and has approximately $1.44 billion in assets. Customers can open an account at one of its 15 branches.

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

Bank Loan Profile?

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

Compared to other banks in Georgia, Metro City Bank has a significantly higher percent of 1-4 Family Residential Loans 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 61.19
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.30
Small Business Loans 6.43
Construction and Development Loans 3.40
Commercial Real Estate 32.15
Commercial and Industrial Loans 2.79
Farm Loans 0.00

Deposit Rates - January 18, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $1,000 $7,499 Learn MoreShow Less
Money Market
0.10% $7,500 $14,999 Learn MoreShow Less
Money Market
0.30% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.38% $1,000 - Learn MoreShow Less
6 Mo CD
0.44% $1,000 - Learn MoreShow Less
Special: 8 Mo CD
2.50% $1,000 - Learn MoreShow Less
Special: 10 Mo CD
2.30% $1,000 - Learn MoreShow Less
Special: 12 Mo CD
2.55% $1,000 - Learn MoreShow Less
12 Mo CD
0.84% $1,000 - Learn MoreShow Less
Special: 18 Mo CD
1.85% $1,000 - Learn MoreShow Less
18 Mo CD
0.70% $1,000 - Learn MoreShow Less
24 Mo CD
0.82% $1,000 - Learn MoreShow Less
36 Mo CD
0.94% $1,000 - Learn MoreShow Less
48 Mo CD
1.04% $1,000 - Learn MoreShow Less
60 Mo CD
1.24% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.84% $1,000 - Learn MoreShow Less
Special: 8 Mo FIRA
2.50% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $500 - Learn MoreShow Less

Loan Rates - January 18, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Metro City 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
4.377% 4.375% 0.00 $50 $1,249 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender Rate (%) Monthly Payment Learn More

Note to Metro City Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Metro City 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 City Bank Locations

Financial Details

Metro City Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Metro City 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 City Bank U.S. Bank Average
3.54% 7.34%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2018, Metro City Bank had $5,814,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $157,273,000 in equity and $6,881,000 in loans loss reserves. That gives it a Texas Ratio of 3.54%.

Return on Equity
Metro City Bank U.S. Bank Average
29.22% 9.95%

Metro City Bank has a Return on Equity of 29.22% versus the BestCashCow average of 9.95%. 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 City Bank U.S. Bank Average
10.9% 12.19%

Metro City Bank has a Capitalization of 10.9% versus the BestCashCow average of 12.19. 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 City Bank Balance Sheet Analysis

As of September 30, 2018, Metro City Bank had assets of $1,443,224,000, loans of $1,166,880,000, and deposits of $1,267,764,000. 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

September 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.17 billion
Interest-bearing balances $0.15 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.02 billion
Net loans and leases $1.17 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 $0.00 billion
Goodwill and other intangibles $0.02 billion
All other assets $0.03 billion
     Total Assets $1.29 billion
LIABILITIES
Total deposits $1.27 billion
      Interest-bearing deposits $0.96 billion
      Deposits held in domestic offices $1.27 billion
      % insured (estimated) 67.03%
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 $0.01 billion
      Total Liabilities $1.29 billion
      Shareholders’ Equity $0.16 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.05 billion
Total Interest Expense $0.01 billion
Net interest income $0.04 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.03 billion
Total non interest expense $0.03 billion
Pre-tax Net Operating Income $0.04 billion

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*All images, logos and public notes on this page appear courtesy of Metro City Bank and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.