Call reports 2021
METROPOLITAN COMMERCIAL BANK — 2021
What METROPOLITAN COMMERCIAL 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 | 4,921,336,000 | 5,785,488,000 | 6,139,561,000 | 7,114,693,000 |
| Total loans | 3,236,883,000 | 3,448,710,000 | 3,602,509,000 | 3,731,149,000 |
| Allowance for loan losses | 35,498,000 | 37,373,000 | 38,116,000 | 34,725,000 |
| Securities available for sale | 479,988,000 | 543,768,000 | 603,168,000 | 566,623,000 |
| Securities held to maturity | 2,492,000 | 2,222,000 | 2,017,000 | 382,099,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,451,024,000 | 5,304,710,000 | 5,512,262,000 | 6,483,443,000 |
| Interest-bearing deposits | 2,258,885,000 | 2,494,137,000 | 2,653,746,000 | 2,766,899,000 |
| Noninterest-bearing deposits | 2,192,139,000 | 2,810,573,000 | 2,858,516,000 | 3,716,544,000 |
| Equity capital | 391,487,000 | 407,459,000 | 554,283,000 | 569,064,000 |
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 | 38,102,000 | 79,147,000 | 124,162,000 | 173,271,000 |
| Interest expense | 3,171,000 | 6,736,000 | 10,452,000 | 14,242,000 |
| Net interest income | 34,931,000 | 72,411,000 | 113,710,000 | 159,029,000 |
| Noninterest income | 4,636,000 | 10,177,000 | 16,077,000 | 23,152,000 |
| Noninterest expense | 19,971,000 | 41,344,000 | 63,009,000 | 86,023,000 |
| Provision for loan losses | 950,000 | 2,825,000 | 3,315,000 | 3,815,000 |
| Pretax income | 18,605,000 | 38,992,000 | 64,027,000 | 92,890,000 |
| Income tax | 5,899,000 | 12,394,000 | 20,662,000 | 30,090,000 |
| Net income | 12,706,000 | 26,598,000 | 43,365,000 | 62,800,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 383,954,000 | 399,599,000 | 547,425,000 | 566,836,000 |
| Total capital | 419,632,000 | 437,152,000 | 585,721,000 | 601,741,000 |
| Risk-weighted assets | 3,386,615,000 | 3,596,924,000 | 3,746,657,000 | 3,946,277,000 |