Metro City Bank is an FDIC insured institution headquartered at
5114 Buford Hwy Ne, Doraville, GA 30340.
It was founded in
0000 and has approximately $3 billion in
assets. Customers can open an account at one of its 15 branches.
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taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2023
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 58181
Date Established
0000
Assets
$ 3.46 billion
Loans
$ 3.01 billion
Deposits
$ 2.73 billion
Capital
$ 372.55 million
Summary Balance Sheet as of June 30, 2023
ASSETS
Cash & Balances due from depository institutions
$ 221.50 million
Interest-bearing balances
$ 202.11 million
Total securities
$ 29.05 million
Federal funds sold and reverse repurchase
$ 12.22 million
Net loans and leases
$ 3.01 billion
Loan loss allowance
$ 18.09 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
$ 1.00 million
Goodwill and other intangibles
$ 10.53 million
All other assets
$ 124.21 million
Total Assets
$ 3.09 billion
LIABILITIES
Total deposits
$ 2.73 billion
Interest-bearing deposits
$ 2.12 billion
Deposits held in domestic offices
$ 2.73 billion
% insured (estimated)
69.28%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 375.40 million
Subordinated debt
N.A.
All other liabilities
$ 30.49 millionn
Total Liabilities
$ 3.09 billion
Shareholders’ Equity
$ 372.55 million
Summary Income Statement as of June 30, 2023
INCOME AND EXPENSES
Total Interest Income
$ 93.45 million
Total Interest Expense
$ 42.25 million
Net interest income
$ 51.20 million
Provision for loan and lease losses
N.A.
Total non interest income
$ 10.83 million
Total non interest expense
$ 22.17 million
Pre-tax Net Operating Income
$ 48.53 million
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