Call reports 2020
METROPOLITAN COMMERCIAL BANK — 2020
What METROPOLITAN COMMERCIAL 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 | 3,610,282,000 | 3,968,973,000 | 4,000,306,000 | 4,329,311,000 |
| Total loans | 2,767,094,000 | 2,891,494,000 | 2,988,769,000 | 3,136,273,000 |
| Allowance for loan losses | 30,920,000 | 32,500,000 | 33,610,000 | 35,403,000 |
| Securities available for sale | 199,853,000 | 189,359,000 | 182,334,000 | 266,095,000 |
| Securities held to maturity | 3,520,000 | 3,319,000 | 3,050,000 | 2,760,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,040,107,000 | 3,417,072,000 | 3,548,522,000 | 3,865,424,000 |
| Interest-bearing deposits | 1,780,713,000 | 1,869,243,000 | 1,974,491,000 | 2,101,608,000 |
| Noninterest-bearing deposits | 1,259,393,000 | 1,547,829,000 | 1,574,031,000 | 1,763,815,000 |
| Equity capital | 351,407,000 | 360,586,000 | 372,443,000 | 385,419,000 |
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 | 36,063,000 | 70,282,000 | 106,223,000 | 143,080,000 |
| Interest expense | 6,502,000 | 10,001,000 | 13,106,000 | 15,985,000 |
| Net interest income | 29,561,000 | 60,281,000 | 93,117,000 | 127,095,000 |
| Noninterest income | 3,329,000 | 6,649,000 | 10,286,000 | 13,669,000 |
| Noninterest expense | 19,126,000 | 37,020,000 | 55,693,000 | 73,120,000 |
| Provision for loan losses | 4,790,000 | 6,555,000 | 7,693,000 | 9,488,000 |
| Pretax income | 9,985,000 | 26,696,000 | 43,359,000 | 61,490,000 |
| Income tax | 3,213,000 | 8,472,000 | 13,826,000 | 19,585,000 |
| Net income | 6,772,000 | 18,224,000 | 29,533,000 | 41,905,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 337,386,000 | 349,683,000 | 361,626,000 | 374,713,000 |
| Total capital | 368,486,000 | 382,363,000 | 395,416,000 | 410,296,000 |
| Risk-weighted assets | 2,940,496,000 | 3,026,058,000 | 3,076,041,000 | 3,222,845,000 |