Metropolitan bank holding corp. (MCB)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Dec'16
Assets
Cash and due from banks

12

9

11

9

9

9

6

10

-

6

267

82

Overnight deposits

569

381

424

424

346

223

148

240

-

254

-

-

U.S. Government securities money market funds

-

-

-

-

-

-

-

-

-

-

-

0

Total cash and cash equivalents

582

390

435

433

356

232

154

251

370

261

-

82

Investment securities available for sale, at fair value

199

234

250

130

29

30

27

28

-

32

-

-

Investment securities available for sale, at estimated fair value

-

-

-

-

-

-

-

-

30

-

33

37

Investment securities held to maturity (estimated fair value of $3,588 and $3,712 at March 31, 2020 and December 31, 2019 respectively)

3

3

3

4

4

4

4

4

5

5

5

6

Equity investments

-

-

-

-

-

2

-

-

-

-

-

-

Equity investment securities

2

2

2

2

2

-

-

-

-

-

-

-

Total securities

205

240

256

137

36

37

-

-

-

37

-

-

Total securities

-

-

-

-

-

-

32

33

-

-

-

-

Other investments

21

21

20

22

23

22

16

16

16

13

13

12

Loans, net of deferred fees and unamortized costs

2,766

2,672

2,496

2,335

2,102

1,865

1,698

1,599

1,526

1,419

-

-

Loans

-

-

-

-

-

-

-

-

-

-

1,381

1,055

Deferred loan fees and unamortized costs, net

-

-

-

-

-

-

-

-

-

-

0

1

Allowance for loan losses

30

26

24

22

20

18

18

17

16

14

15

11

Net loans

2,735

2,646

2,472

2,312

2,081

1,846

1,680

1,582

1,509

1,405

1,365

1,042

Receivable from prepaid card programs, net

20

10

16

16

16

8

14

7

7

9

6

7

Accrued interest receivable

9

8

8

7

-

5

-

-

-

-

-

-

Accrued interest receivable

-

-

-

-

6

-

5

4

4

4

3

2

Premises and equipment, net

14

12

9

6

6

6

6

7

6

6

6

5

Prepaid expenses and other assets

10

11

9

10

7

8

7

7

5

5

7

7

Goodwill

9

9

9

9

9

9

9

9

9

9

9

9

Accounts receivable, net

1

5

3

2

0

5

2

3

1

6

3

5

Total assets

3,612

3,357

3,243

2,960

2,545

2,182

1,930

1,924

1,968

1,759

1,723

1,220

Liabilities and Stockholders’ Equity
Deposits:
Noninterest-bearing demand deposits

1,250

1,090

1,041

1,103

915

798

772

878

1,012

812

826

403

Interest-bearing deposits

1,771

1,700

1,664

1,272

1,050

861

761

661

604

591

662

590

Total deposits

3,021

2,790

2,705

2,376

1,966

1,660

1,533

1,540

1,617

1,404

1,488

993

Federal Home Loan Bank of New York advances

144

144

144

190

215

185

60

63

33

42

-

78

Borrowed Funds

-

-

-

-

-

-

-

-

-

-

43

-

Trust preferred securities

20

20

20

20

20

20

20

20

20

20

20

20

Subordinated debt, net of issuance cost

24

24

24

24

24

24

24

24

24

24

24

-

Secured borrowing

41

42

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses and other liabilities

26

23

41

26

28

18

19

18

23

21

20

10

Due to brokers

-

-

-

24

-

-

-

-

-

-

-

-

Accrued interest payable

1

1

0

1

0

1

0

1

0

0

0

0

Prepaid third-party debit cardholder balances

23

10

15

15

15

7

13

7

6

8

6

6

Total liabilities

3,303

3,058

2,952

2,679

2,271

1,918

1,673

1,674

1,725

1,522

1,604

1,110

Commitments and Contingencies (See Note 11)

-

-

-

-

-

-

-

-

-

-

-

0

Stockholders' equity:
Class B preferred stock, $0.01 par value, authorized 2,000,000 shares, 272,636 issued and outstanding at March 31, 2020 and December 31, 2019

-

-

-

-

-

-

-

-

-

0

0

-

Common stock, $0.01 par value, 25,000,000 shares authorized, 8,294,801 and 8,312,918 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid in capital

216

216

215

214

214

213

212

212

211

211

96

96

Retained earnings

87

81

73

65

59

51

45

38

32

25

22

13

Accumulated other comprehensive gain, net of tax effect

4

1

1

0

-0

-0

-0

-0

-0

-0

-0

-0

Total stockholders’ equity

308

299

291

281

273

264

257

249

243

236

118

109

Total liabilities and stockholders’ equity

3,612

3,357

3,243

2,960

2,545

2,182

1,930

1,924

1,968

1,759

1,723

1,220

Class B Preferred Stock
Class B preferred stock, $0.01 par value, authorized 2,000,000 shares, 272,636 issued and outstanding at March 31, 2020 and December 31, 2019

0

0

0

0

0

0

-

-

-

-

-

-

Total stockholders’ equity

0

0

0

0

0

0

-

-

-

0

-

-