Call reports 2021
METROPOLITAN BANK — 2021
What METROPOLITAN BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 198,635,000 | 209,986,000 | 206,436,000 | 211,376,000 |
| Total loans | 162,497,000 | 168,577,000 | 177,055,000 | 172,317,000 |
| Allowance for loan losses | 2,619,000 | 2,619,000 | 2,659,000 | 2,719,000 |
| Securities available for sale | 4,515,000 | 4,367,000 | 4,621,000 | 4,413,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,031,000 | 172,986,000 | 168,874,000 | 171,145,000 |
| Interest-bearing deposits | 136,721,000 | 146,806,000 | 138,157,000 | 144,274,000 |
| Noninterest-bearing deposits | 25,310,000 | 26,180,000 | 30,717,000 | 26,871,000 |
| Equity capital | 22,569,000 | 23,004,000 | 23,382,000 | 23,937,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,157,000 | 4,355,000 | 6,657,000 | 9,103,000 |
| Interest expense | 264,000 | 510,000 | 719,000 | 883,000 |
| Net interest income | 1,893,000 | 3,845,000 | 5,938,000 | 8,220,000 |
| Noninterest income | 17,000 | 70,000 | 103,000 | 130,000 |
| Noninterest expense | 1,347,000 | 2,660,000 | 4,070,000 | 5,361,000 |
| Provision for loan losses | 0 | 0 | 40,000 | 100,000 |
| Pretax income | 563,000 | 1,255,000 | 1,931,000 | 2,889,000 |
| Income tax | 167,000 | 374,000 | 572,000 | 855,000 |
| Net income | 396,000 | 881,000 | 1,359,000 | 2,034,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,582,000 | 22,994,000 | 23,382,000 | 23,954,000 |