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602-346-1800
4686 E Van Buren, Suite 150
Phoenix, AZ 85008

Metro Phoenix Bank is headquartered in Phoenix and is the 15st largest bank in the state of Arizona. It is also the 4,732nd largest bank in the nation. It was established in 2007 and as of June of 2014, it had grown to 27 employees at 1 location. Metro Phoenix Bank has a A health rating.

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Health

Data for Q2 2014

Institution Health

A
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Metro Phoenix Bank has a relatively low asset base.

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Metro Phoenix Bank had $1.31 million in non-current loans and owned real-estate with $15.22 million in equity and loan loss allowances on hand to cover it. This gives Metro Phoenix Bank a Texas Ratio of 8.61% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Metro Phoenix Bank decreased dramatically from 14.38% as of June 30, 2013 to 8.61% as of June 30, 2014, resulting in a positive change of 40.14%.This indicates that the balance sheet and financial strength for Metro Phoenix Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Metro Phoenix Bank has increased its total deposits by $8.42 million, resulting in 11.65% 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 Metro Phoenix Bank has shown is excellent.

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. Metro Phoenix Bank has $98.04 million in assets with $15.22 million in equity, resulting in a capitalization level of 15.53%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58402
Year Established2007
Employees27
Primary RegulatorFDIC
Assets and Liabilities
Assets$98.04 million
Loans$70.12 million
Deposits$80.67 million
Equity Capital$13.75 million
Loan Loss Allowance$1.47 million
Unbacked Noncurrent Loans$299,000
Real Estate Owned$1.01 million
Historic Data - June 2013
Assets$82.00 million
Equity Capital$9.33 million
Loan Loss Allowance$1.47 million
Unbacked Noncurrent Loans$299,000
Real Estate Owned$1.09 million
Profit Margin - Quarterly
Return on Assets0.65%
Return on Equity4.45%
Interest Income$2.23 million
Rates

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Metro Phoenix Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%$100-Metro Savings

Metro Phoenix Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.45%$1m-Personal Metro Money Market
0.45%$1m-Business Metro Money Market

Metro Phoenix Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$10k-Metro NOW Account

Metro Phoenix Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.31%$5k-60 Month CD
1.31%$5k-Business 60 Month CD
1.21%$5k-48 Month CD
1.21%$5k-Business 48 Month CD
1.00%$5k-36 Month CD
1.00%$5k-Business 36 Month CD
0.75%$5k-24 Month CD
0.75%$5k-Business 24 Month CD
0.55%$5k-18 Month CD
0.55%$5k-Business 18 Month CD
0.45%$5k-12 Month CD
0.45%$5k-Business 12 Month CD
0.25%$5k-6 Month CD
0.25%$5k-Business 6 Month CD
0.20%$5k-3 Month CD
0.20%$5k-Business 3 Month CD

Metro Phoenix Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.31%$2k-60 Month IRA
1.21%$2k-48 Month IRA
1.00%$2k-36 Month IRA
0.75%$2k-24 Month IRA
0.55%$2k-18 Month IRA
0.45%$2k-12 Month IRA
0.25%$2k-6 Month IRA
0.20%$2k-3 Month IRA
Locations


Metro Phoenix Bank Locations
Metro Phoenix Bank4686 E. Van Buren, Suite 150Phoenix, AZ 85008