Metropolitan Capital Bank & Trust

Headquarters

9 East Ontario Street
Chicago, IL 60611
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Metropolitan Capital Bank & Trust is an FDIC insured institution located in Chicago, IL. It was founded in 2005 and has approximately $0.2 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57488
Date Established 2005
Assets $ 199.48 million
Loans $ 121.52 million
Deposits $ 173.11 million
Capital $ 21.41 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Metropolitan Capital Bank & Trust

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

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Payment
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Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.816% 2.750% 0.88 $2,132 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.990 %
$0 Learn More
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Note to Metropolitan Capital Bank & Trust
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Branches

Metropolitan Capital Bank & Trust 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:
Fairfield,Connecticut


Metropolitan Capital Bank & Trust Locations


Financial Details

Metropolitan Capital Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Metropolitan Capital Bank & Trust. 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
Metropolitan Capital Bank & Trust U.S. Bank Average
28.51% 6.94%

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 March 31, 2020, Metropolitan Capital Bank & Trust had $2,471,000 in non-current loans and $4,883,000 in owned real estate. To cover these potential losses it had $21,410,000 in equity and $4,384,000 in loans loss reserves. That gives it a Texas Ratio of 28.51%.

Return on Equity
Metropolitan Capital Bank & Trust U.S. Bank Average
-4.15% 7.80%

Metropolitan Capital Bank & Trust has a Return on Equity of -4.15% versus the BestCashCow average of 7.80%. 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
Metropolitan Capital Bank & Trust U.S. Bank Average
10.73% 12.68%

Metropolitan Capital Bank & Trust has a Capitalization of 10.73% versus the BestCashCow average of 12.68. 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.

Metropolitan Capital Bank & Trust Balance Sheet Analysis

As of March 31, 2020, Metropolitan Capital Bank & Trust had assets of $199,477,000, loans of $121,521,000, and deposits of $173,105,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 59.74 million
Interest-bearing balances $ 54.47 million
Total securities $ 6.05 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 121.52 million
Loan loss allowance $ 4.38 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.88 million
Goodwill and other intangibles N.A.
All other assets $ 6.09 million
     Total Assets $ 178.07 million
LIABILITIES
Total deposits $ 173.11 million
      Interest-bearing deposits $ 128.08 million
      Deposits held in domestic offices $ 173.11 million
      % insured (estimated) 84.53%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 4.00 million
Subordinated debt N.A.
All other liabilities $ 0.96 million
      Total Liabilities $ 178.07 million
      Shareholders’ Equity $ 21.41 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.06 million
Total Interest Expense $ 0.71 million
Net interest income $ 2.35 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.10 million
Total non interest expense $ 2.77 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Metropolitan Capital Bank & Trust’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Illinois, Metropolitan Capital Bank & Trust has a significantly higher percent of Commercial and Industrial 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 8.87
Multifamily
Mortgages
0.10
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 3.88
Commercial Real Estate 3.77
Commercial and Industrial Loans 86.51
Farm Loans 0.00

Frequently Asked Questions About Metropolitan Capital Bank & Trust

Branches and Savings

Is Metropolitan Capital Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #57488.

Why does Metropolitan Capital Bank & Trust pay such low interest on savings accounts?

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

Why are Metropolitan Capital Bank & Trust CD rates not competitive?

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

Is Metropolitan Capital Bank & Trust a commercial bank?

Yes

Where are Metropolitan Capital Bank & Trust locations?

See branch locations nearby.

Is Metropolitan Capital Bank & Trust open on Saturdays?

Is Metropolitan Capital Bank & Trust open on Sundays?

What time does Metropolitan Capital Bank & Trust open?

What time does Metropolitan Capital Bank & Trust close?

Are Metropolitan Capital Bank & Trust ATMs Open 24/7?

Do Metropolitan Capital Bank & Trust ATMs accept cash deposits?

Can Metropolitan Capital Bank & Trust customers use other ATMs?

Do Metropolitan Capital Bank & Trust branches have notaries?

Will Metropolitan Capital Bank & Trust notarize my document?

What address for Metropolitan Capital Bank & Trust should I put for incoming ACH transfers?

Will the Metropolitan Capital Bank & Trust branch print checks?

Do Metropolitan Capital Bank & Trust checks expire?

Does Metropolitan Capital Bank & Trust require US citizenship to open account?

Can Metropolitan Capital Bank & Trust close my account?

Does Metropolitan Capital Bank & Trust Report to credit bureaus?

Does Metropolitan Capital Bank & Trust Use Equifax?

What is Metropolitan Capital Bank & Trust's ACH Routing Number?

What is Metropolitan Capital Bank & Trust's SWIFT code?

Products

Does Metropolitan Capital Bank & Trust offer mortgages?

Compare mortgage rates here.

Does Metropolitan Capital Bank & Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Metropolitan Capital Bank & Trust offer personal loans?

Compare personal loan rates here.

Does Metropolitan Capital Bank & Trust offer student loans?

Will Metropolitan Capital Bank & Trust cash a check?

Will Metropolitan Capital Bank & Trust redeem a savings bond?

Does Metropolitan Capital Bank & Trust cash savings bonds?

Will Metropolitan Capital Bank & Trust cash money orders?

Can Metropolitan Capital Bank & Trust issue a money order?

Does Metropolitan Capital Bank & Trust do currency exchange?

Background on The Bank

Who owns Metropolitan Capital Bank & Trust?

How long has Metropolitan Capital Bank & Trust been around?

Can Metropolitan Capital Bank & Trust transfer to other banks?

Does Metropolitan Capital Bank & Trust have quick pay?

Does Metropolitan Capital Bank & Trust accept rolled coins?

Will Metropolitan Capital Bank & Trust accept loose change?

Where is Metropolitan Capital Bank & Trust headquarters?

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