Call reports 2024
METROPOLITAN COMMERCIAL BANK — 2024
What METROPOLITAN COMMERCIAL 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 | 7,452,223,000 | 7,264,517,000 | 7,402,213,000 | 7,299,555,000 |
| Total loans | 5,719,218,000 | 5,838,892,000 | 5,897,119,000 | 6,034,076,000 |
| Allowance for loan losses | 58,538,000 | 60,008,000 | 62,493,000 | 63,273,000 |
| Securities available for sale | 497,789,000 | 504,748,000 | 510,966,000 | 482,085,000 |
| Securities held to maturity | 460,249,000 | 449,368,000 | 438,445,000 | 428,557,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,278,630,000 | 6,209,943,000 | 6,315,617,000 | 6,015,221,000 |
| Interest-bearing deposits | 4,309,914,000 | 4,286,486,000 | 4,489,602,000 | 4,648,919,000 |
| Noninterest-bearing deposits | 1,968,716,000 | 1,923,457,000 | 1,826,015,000 | 1,366,302,000 |
| Equity capital | 678,867,000 | 696,590,000 | 718,091,000 | 731,705,000 |
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 | 112,335,000 | 228,097,000 | 348,549,000 | 468,379,000 |
| Interest expense | 52,247,000 | 106,089,000 | 160,931,000 | 213,808,000 |
| Net interest income | 60,088,000 | 122,008,000 | 187,618,000 | 254,571,000 |
| Noninterest income | 7,027,000 | 13,174,000 | 19,392,000 | 23,936,000 |
| Noninterest expense | 40,571,000 | 81,733,000 | 131,712,000 | 168,468,000 |
| Provision for loan losses | 574,000 | 2,059,000 | 4,664,000 | 5,431,000 |
| Pretax income | 25,992,000 | 51,352,000 | 70,577,000 | 103,674,000 |
| Income tax | 8,591,000 | 16,112,000 | 21,915,000 | 32,391,000 |
| Net income | 17,401,000 | 35,240,000 | 48,662,000 | 71,283,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 721,224,000 | 739,062,000 | 752,485,000 | 775,106,000 |
| Total capital | 780,898,000 | 800,258,000 | 816,252,000 | 840,387,000 |
| Risk-weighted assets | 6,175,660,000 | 6,260,868,000 | 6,308,527,000 | 6,476,029,000 |