Call reports 2020
METROPOLITAN BANK — 2020
What METROPOLITAN BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 173,460,000 | 176,304,000 | 187,854,000 | 191,004,000 |
| Total loans | 143,150,000 | 141,048,000 | 147,272,000 | 158,006,000 |
| Allowance for loan losses | 2,619,000 | 2,619,000 | 2,619,000 | 2,619,000 |
| Securities available for sale | 7,494,000 | 4,850,000 | 4,579,000 | 4,343,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,332,000 | 140,365,000 | 151,617,000 | 154,207,000 |
| Interest-bearing deposits | 119,710,000 | 118,501,000 | 127,492,000 | 129,983,000 |
| Noninterest-bearing deposits | 22,622,000 | 21,864,000 | 24,125,000 | 24,224,000 |
| Equity capital | 22,225,000 | 22,251,000 | 22,463,000 | 22,237,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,091,000 | 4,049,000 | 6,041,000 | 8,259,000 |
| Interest expense | 582,000 | 1,018,000 | 1,414,000 | 1,742,000 |
| Net interest income | 1,509,000 | 3,031,000 | 4,627,000 | 6,517,000 |
| Noninterest income | 121,000 | 136,000 | 151,000 | 165,000 |
| Noninterest expense | 1,199,000 | 2,333,000 | 3,488,000 | 4,823,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 431,000 | 834,000 | 1,290,000 | 1,859,000 |
| Income tax | 140,000 | 300,000 | 513,000 | 584,000 |
| Net income | 291,000 | 534,000 | 777,000 | 1,275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,276,000 | 22,287,000 | 22,493,000 | 22,246,000 |