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888-860-7524
609 North 291 Highway
Lees Summit, MO 64086

Metcalf Bank is headquartered in Lees Summit and is the 18st largest bank in the state of Missouri. It is also the 549th largest bank in the nation. It was established in 1985 and as of December of 2013, it had grown to 272 employees at 28 locations. Metcalf Bank has a B health rating.

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Reviews (1)

Worst Financial Instution I Have Ever Been Involved With

They charge $3.00 to make a telephone transfer that takes them 2 mins to do.

  If a transaction goes through, they will hold the same amount on your account even though the transaction already has been taken out of the account.  If you go to use your debit card, even though the money is there, they will deny the transaction. 

One month, you have overdraft protection, the next month, you do not, so you never know if you do or don't. They will certainly give you overdraft protection if you have several transactions going through.  They will take the highest transaction through first and then charge you $30 per transaction whether it is $500 or $5. 

This bank was fine until someone knew took over.  They are the greediest bank institution I have ever dealt with.

DO NOT HAVE ANYTHING TO DO WITH THIS BANK.....THEY WILL TAKE YOUR MONEY EVERY CHANCE THEY GET!! 



Health

Data for Q4 2013

Institution Health

B

Texas Ratio

GRADE:
B+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Metcalf Bank had $24.09 million in non-current loans and owned real-estate with $208.89 million in equity and loan loss allowances on hand to cover it. This gives Metcalf Bank a Texas Ratio of 11.53% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Metcalf Bank experienced no significant changes from 8.27% as of December 31, 2012 to 11.53% as of December 31, 2013, resulting in a negative change of 39.51%. This indicates that the balance sheet and financial strength for Metcalf Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Metcalf Bank has decreased its total deposits by -$29.59 million, resulting in -3.08% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Metcalf Bank has shown is below average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Metcalf Bank has $1.21 billion in assets with $208.89 million in equity, resulting in a capitalization level of 17.22%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #26247
Year Established1985
Employees272
Primary RegulatorFED
Assets and Liabilities
Assets$1.21 billion
Loans$899.44 million
Deposits$931.84 million
Equity Capital$193.17 million
Loan Loss Allowance$15.72 million
Unbacked Noncurrent Loans$16.06 million
Real Estate Owned$8.03 million
Historic Data - December 2012
Assets$1.19 billion
Equity Capital$193.21 million
Loan Loss Allowance$16.43 million
Unbacked Noncurrent Loans$16.06 million
Real Estate Owned$8.06 million
Profit Margin - Quarterly
Net Interest Margin4.63%
Return on Assets1.17%
Return on Equity7.33%
Interest Income$47.99 million
Rates

Sorry, we do not have rate data for Metcalf Bank

Locations

Metcalf Bank has 26 locations. Click to view all Metcalf Bank locations.