Metropolitan bank holding corp. (MCB)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Cash flows from operating activities:
Net income

27,700

30,134

28,557

27,986

27,794

25,554

22,593

19,324

16,112

12,369

0

0

0

Adjustments to reconcile net income to net cash:
Net depreciation amortization and accretion

0

-

0

0

0

-

0

0

0

-

0

0

0

Provision (credit) for loan losses

11,044

4,223

2,767

310

-370

3,138

5,793

7,446

7,966

7,059

0

0

0

Employee and non-employee stock-based compensation

-

-

-

-

-

2,151

0

0

0

-

-

-

-

Net change in deferred loan fees

-1,836

-2,837

-2,766

-1,793

-1,096

-1,063

-1,086

-1,188

-712

90

0

0

0

Income tax

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of available-for-sale securities

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

0

0

0

Employee and non-employee stock-based expense

0

-

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of loans

0

-

-

-

-

-

-

-

-

-

-

-

-

Dividends earned on CRA fund

0

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain/loss of equity securities

61

64

0

0

0

-

-

-

-

-

-

-

-

Net change in:
Accrued interest receivable

2,712

3,355

3,034

3,346

2,030

1,086

1,336

1,390

1,638

1,686

0

0

0

Accounts payable, accrued expenses and other liabilities

-1,410

5,117

21,432

7,558

4,306

-3,239

-1,095

1,586

10,389

10,777

0

0

0

Prepaid third-party debit cardholder balances

-7,947

-3,009

-1,921

-8,555

-8,710

1,195

0

0

0

-

-

0

0

Accrued interest payable

162

-53

688

516

530

533

0

0

0

-

-

-

0

Accounts receivable, net

894

148

1,011

-1,298

-734

-1,081

-864

3,869

-1,202

1,181

0

0

0

Receivable from prepaid card programs, net

4,345

1,860

1,960

8,944

8,993

-1,361

7,320

12

266

2,013

0

0

0

Prepaid expenses and other assets

249

2,161

1,576

3,319

1,774

2,474

1,394

1,243

-308

-1,151

0

0

0

Net cash provided by operating activities

40,743

40,957

36,712

35,304

32,767

27,060

0

0

0

-

-

-

-

Cash flows from investing activities:
Loan originations, purchases and payments, net of recoveries

646,829

777,181

0

0

0

-

-

-

-

-

-

-

-

Proceeds from loans sold

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

0

Loan originations, purchases and payments, net of recoveries

-

-

-

-

-

-

-

-

406,547

330,362

0

0

0

Proceeds from sale of loans held for sale

-

-

-

-

-

-

-

0

0

-

-

-

-

Redemptions of other investments

-

12,354

12,355

9,090

5,191

4,255

4,323

9,115

7,411

7,203

0

0

0

Purchases of other investments

-

-

-

-

-

-

-

-

0

-

-

-

-

Purchases of other investments

8,310

11,007

0

0

0

-

-

-

-

-

-

-

-

Proceeds from calls of securities available for sale

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of securities available for sale

0

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from paydowns and maturities of securities available for sale

37,532

23,136

9,467

5,050

4,886

5,252

5,420

5,554

6,089

6,359

0

0

0

Proceeds from paydowns and maturities of securities held to maturity

842

820

789

794

790

826

892

948

980

1,034

0

0

0

Purchase of derivative contract

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of premises and equipment, net

10,669

6,836

4,302

1,126

1,200

1,964

0

0

0

-

-

-

-

Purchase of premises and equipment, net

-

-

-

-

-

-

-

-

-

2,211

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in investing activities

-839,542

-1,014,789

-1,011,157

-813,940

-578,930

-454,570

0

0

0

-

-

-

-

Cash flows from financing activities:
Proceeds from issuance of subordinated debt, net of issuance cost

-

-

-

-

-

-

-

-

-

24,443

0

0

0

Proceeds from FHLB advances

-

1,028,000

0

0

0

-

-

-

-

326,864

0

0

0

Repayments of FHLB advances

-

1,069,000

1,059,017

686,000

461,240

150,438

168,837

307,906

307,718

363,084

0

0

0

Proceeds from issuance of common stock, net

-

-

-

-

-

-

0

0

0

-

-

-

-

Redemption of common stock for tax withholdings for restricted stock vesting

-580

-89

-208

-148

-148

-132

0

0

0

-

-

-

-

Payments of secured borrowings

0

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in deposits

1,055,562

1,130,220

1,171,275

835,640

349,014

256,199

45,288

211,184

600,439

410,575

0

0

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by financing activities

1,025,679

1,132,103

1,255,460

962,885

531,259

399,229

0

0

0

-

-

-

-

Increase in cash and cash equivalents

226,880

158,271

281,015

184,249

-14,904

-28,281

0

0

0

-

-

-

-

Increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

0

0

0

Supplemental information:
Cash paid for:
Interest

33,009

32,223

28,087

21,724

16,107

12,184

10,259

9,516

9,191

8,149

0

0

0

Income Taxes

15,835

15,185

15,515

15,975

10,132

13,794

14,574

13,339

12,742

8,787

0

0

0

Non-cash item:
Transfer of loans held for investment to held for sale

-

-

-

-

-

-

-

-

0

-

-

-

-