Call reports 2024
METROPOLITAN BANK — 2024
What METROPOLITAN BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 229,560,000 | 235,034,000 | 239,436,000 | 236,697,000 |
| Total loans | 190,138,000 | 201,406,000 | 195,768,000 | 195,200,000 |
| Allowance for loan losses | 2,895,000 | 3,021,000 | 3,051,000 | 3,056,000 |
| Securities available for sale | 4,167,000 | 4,058,000 | 4,548,000 | 5,393,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,889,000 | 192,110,000 | 198,068,000 | 194,625,000 |
| Interest-bearing deposits | 167,833,000 | 171,149,000 | 172,108,000 | 168,804,000 |
| Noninterest-bearing deposits | 19,056,000 | 20,961,000 | 25,960,000 | 25,821,000 |
| Equity capital | 27,133,000 | 27,293,000 | 27,625,000 | 28,551,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,565,000 | 7,359,000 | 11,304,000 | 15,185,000 |
| Interest expense | 1,688,000 | 3,508,000 | 5,469,000 | 7,304,000 |
| Net interest income | 1,877,000 | 3,851,000 | 5,835,000 | 7,881,000 |
| Noninterest income | 33,000 | 61,000 | 101,000 | 1,017,000 |
| Noninterest expense | 1,502,000 | 3,073,000 | 4,623,000 | 6,182,000 |
| Provision for loan losses | 30,000 | 156,000 | 186,000 | 191,000 |
| Pretax income | 378,000 | 666,000 | 1,118,000 | 2,534,000 |
| Income tax | 112,000 | 195,000 | 321,000 | 749,000 |
| Net income | 266,000 | 471,000 | 797,000 | 1,785,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,241,000 | 27,396,000 | 27,690,000 | 28,631,000 |