Call reports 2023
METROPOLITAN BANK — 2023
What METROPOLITAN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 224,469,000 | 219,175,000 | 224,520,000 | 222,389,000 |
| Total loans | 182,654,000 | 181,845,000 | 184,533,000 | 183,836,000 |
| Allowance for loan losses | 2,845,000 | 2,870,000 | 2,896,000 | 2,865,000 |
| Securities available for sale | 4,541,000 | 4,412,000 | 4,294,000 | 4,233,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,072,000 | 179,628,000 | 184,981,000 | 182,832,000 |
| Interest-bearing deposits | 159,065,000 | 156,971,000 | 156,293,000 | 159,348,000 |
| Noninterest-bearing deposits | 24,007,000 | 22,658,000 | 28,688,000 | 23,484,000 |
| Equity capital | 26,251,000 | 26,679,000 | 26,742,000 | 26,893,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,185,000 | 6,419,000 | 9,807,000 | 13,238,000 |
| Interest expense | 908,000 | 2,010,000 | 3,336,000 | 4,930,000 |
| Net interest income | 2,277,000 | 4,409,000 | 6,471,000 | 8,308,000 |
| Noninterest income | 54,000 | 90,000 | 130,000 | 160,000 |
| Noninterest expense | 1,489,000 | 2,872,000 | 4,326,000 | 5,868,000 |
| Provision for loan losses | 26,000 | 51,000 | 77,000 | 102,000 |
| Pretax income | 816,000 | 1,576,000 | 2,198,000 | 2,498,000 |
| Income tax | 238,000 | 466,000 | 647,000 | 736,000 |
| Net income | 578,000 | 1,110,000 | 1,551,000 | 1,762,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,346,000 | 26,806,000 | 26,879,000 | 27,016,000 |