| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 13,109 | 13,577 | ||
| Overnight deposits | 372,827 | 138,876 | ||
| Total cash and cash equivalents | 385,936 | 152,453 | ||
| Investment securities available-for-sale, at fair value | 552,441 | 551,029 | ||
| Gross unrealized/unrecognized losses-USTreasury Securities | 74 | - | ||
| Investment securities held-to-maturity, at fair value-USTreasury Securities | 9,909 | - | ||
| Gross unrealized/unrecognized losses-United States And Municipal Securities | 1,794 | - | ||
| Investment securities held-to-maturity, at fair value-United States And Municipal Securities | 13,336 | - | ||
| Gross unrealized/unrecognized losses-Residential Mortgage Backed Securities | 44,259 | - | ||
| Investment securities held-to-maturity, at fair value-Residential Mortgage Backed Securities | 299,023 | - | ||
| Gross unrealized/unrecognized losses-Commercial Mortgage Backed Securities | 558 | - | ||
| Investment securities held-to-maturity, at fair value-Commercial Mortgage Backed Securities | 7,494 | - | ||
| Investment securities held-to-maturity (estimated fair value of 329.8 million and 366.7 million at september 30, 2025 and december 31, 2024, respectively) | 376,447 | 387,901 | ||
| Equity investment securities, at fair value | 5,548 | 5,276 | ||
| Total securities | 934,436 | 944,206 | ||
| Other investments | 27,330 | 27,297 | ||
| Total loans | 6,799,717 | - | ||
| Deferred fees, net of origination costs | 18,014 | - | ||
| Loans, net of deferred fees and costs | 6,781,703 | 6,612,789 | ||
| Allowance for credit losses | 94,239 | 74,071 | ||
| Net loans | 6,687,464 | 6,538,718 | ||
| Other assets | 199,264 | 191,175 | ||
| Total assets | 8,234,430 | 7,853,849 | ||
| Noninterest-bearing demand deposits | 1,382,345 | 1,427,439 | ||
| Interest-bearing deposits | 5,690,414 | 5,363,867 | ||
| Total deposits | 7,072,759 | 6,791,306 | ||
| Federal funds purchased | 125,000 | 50,000 | ||
| Federal home loan bank of new york advances | 150,000 | 150,000 | ||
| Trust preferred securities | 20,620 | 20,620 | ||
| Secured and other borrowings | 17,355 | 17,366 | ||
| Other liabilities | 116,656 | 101,589 | ||
| Total liabilities | 7,502,390 | 7,130,881 | ||
| Common stock, 0.01 par value, 25,000,000 shares authorized, 11,300,191 and 11,197,625 shares issued and 10,382,218 and 11,197,625 shares outstanding at september 30, 2025 and december 31, 2024, respectively | 113 | 113 | ||
| Additional paid in capital | 403,708 | 401,055 | ||
| Retained earnings | 423,338 | 417,782 | ||
| Accumulated other comprehensive income (loss), net of tax | -41,852 | -45,455 | ||
| Treasury stock, at cost, 917,973 and 0 shares at september 30, 2025 and december 31, 2024, respectively | 53,267 | 50,527 | ||
| Total stockholders' equity | 732,040 | 722,968 | ||
| Total liabilities and stockholders' equity | 8,234,430 | 7,853,849 | ||
Metropolitan Bank Holding Corp. (MCB)
Metropolitan Bank Holding Corp. (MCB)