3322 South Oak Park Avenue
Berwyn, IL 60402
866-957-7707
www.themetrobank.com

FDIC


Metrobank is headquartered in Berwyn and is the 62nd largest bank in the state of Illinois. It is also the 1,025th largest bank in the nation. It was established in 1947 and as of December of 2012, it had grown to 198 employees at 22 locations. Metrobank has a 1-star health rating.

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Business Checking Account Bonus At Metrobank In Chicago (Forum) - 6/15/2012

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See Rates for: Checking | Savings | Money Market | CD | IRA

Metrobank Checking Account Rates

ApyMinMaxProduct
0.01%$2,500-Prime Life Checking
0.01%$2,500-High Interest Checking

Metrobank Savings Account Rates

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0.05%$1k-Golden Statement Savings
0.05%$1k-Golden Passbook Savings
0.05%--Holiday Club
0.05%$250-IRA Savings
0.01%$500-Statement Savings
0.01%--Health Savings
0.01%$500-Passbook Savings
0.01%--Minor Statement Savings

Metrobank Money Market Rates

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0.05%$10k-High Yield Money Market
0.01%$2,500-Money Market

Metrobank CD Rates

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0.05%$20k$20k7 Day CD
0.05%$2,500-91 Day CD
0.05%$2,500-6 Month CD
0.05%$500-1 Year CD
0.05%$1k-18 Month CD
0.05%$500-2 Year CD
0.05%$500-3 Year CD
0.05%$500-4 Year CD
0.05%$500-5 Year CD

Metrobank IRA Rates

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0.05%$500-18 Month IRA

Rates updated: 5/26/2013

Data for Q4 2012


Institution Statistics


Metrobank
FDIC Certificate #16641
BankRate ReportView
Year Established1947
Employees198
Primary RegulatorFDIC

Assets and Liabilities

Assets$656.54 million
Loans$384.42 million
Deposits$610.00 million
Equity Capital$27.60 million
Loan Loss Allowance$29.11 million
Unbacked Noncurrent Loans$86.49 million
Real Estate Owned$35.00 million

Historic Data - December 2011

Assets$800.47 million
Equity Capital$71.08 million
Loan Loss Allowance$34.61 million
Unbacked Noncurrent Loans$93.50 million
Real Estate Owned$21.09 million

Profit Margin - Quarterly

Net Interest Margin3.78%
Return on Assets-7.58%
Return on Equity-94.43%
Interest Income$26.94 million

Institution Health


Overall Score:
1 out of 5
1
Texas Ratio1
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, 2012 Metrobank had $121.49 million in non-current loans and owned real-estate with $56.71 million in equity and loan loss allowances on hand to cover it. This gives Metrobank a Texas Ratio of 214.24% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Metrobank increased slightly from 108.42% as of December 31, 2011 to 214.24% as of December 31, 2012, resulting in a negative change of 97.60%. This indicates that the balance sheet and financial strength for Metrobank has declined slightly in recent periods.
Deposit Growth1
In the past year, Metrobank has decreased its total deposits by -$101.8 million, resulting in -14.3% 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 Metrobank has shown is poor.
Capitalization3
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. Metrobank has $656.54 million in assets with $56.71 million in equity, resulting in a capitalization level of 8.64%, which is average.
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