Call reports 2023
METROPOLITAN COMMERCIAL BANK — 2023
What METROPOLITAN COMMERCIAL 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 | 6,301,141,000 | 6,520,789,000 | 6,682,255,000 | 7,066,749,000 |
| Total loans | 4,843,446,000 | 5,149,546,000 | 5,354,487,000 | 5,624,797,000 |
| Allowance for loan losses | 47,708,000 | 51,650,000 | 52,298,000 | 57,965,000 |
| Securities available for sale | 444,169,000 | 426,068,000 | 429,850,000 | 461,207,000 |
| Securities held to maturity | 501,525,000 | 515,613,000 | 478,886,000 | 468,860,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,165,907,000 | 5,324,534,000 | 5,564,782,000 | 5,768,234,000 |
| Interest-bearing deposits | 2,991,628,000 | 3,558,185,000 | 3,774,964,000 | 3,899,419,000 |
| Noninterest-bearing deposits | 2,174,279,000 | 1,766,349,000 | 1,789,818,000 | 1,868,815,000 |
| Equity capital | 607,296,000 | 623,727,000 | 637,711,000 | 660,620,000 |
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 | 83,230,000 | 172,238,000 | 270,136,000 | 375,402,000 |
| Interest expense | 24,398,000 | 59,263,000 | 103,207,000 | 151,102,000 |
| Net interest income | 58,832,000 | 112,975,000 | 166,929,000 | 224,300,000 |
| Noninterest income | 6,948,000 | 14,836,000 | 21,413,000 | 27,880,000 |
| Noninterest expense | 30,071,000 | 60,478,000 | 90,192,000 | 126,310,000 |
| Provision for loan losses | 686,000 | 4,671,000 | 5,449,000 | 12,062,000 |
| Pretax income | 35,129,000 | 62,371,000 | 92,333,000 | 113,607,000 |
| Income tax | 9,155,000 | 19,179,000 | 25,926,000 | 31,505,000 |
| Net income | 25,974,000 | 43,192,000 | 66,407,000 | 82,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 647,696,000 | 664,914,000 | 688,128,000 | 703,823,000 |
| Total capital | 696,281,000 | 717,804,000 | 741,680,000 | 762,969,000 |
| Risk-weighted assets | 5,259,511,000 | 5,585,043,000 | 5,806,908,000 | 6,107,516,000 |