mcb: the income statement

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Metropolitan Bank Holding Corp. (MCB)

For the quarter ending 2025-06-30, MCB made $129,666K in revenue. $18,767K in net income. Net profit margin of 14.47%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30
Non-interest income-Deposit Account	2,131	-	-
Other income	492	1,465	-
Non-interest income	-	2,173	-
Total non-interest income	2,623	3,638	6,285
The amount of regulatory settlement reserve expense incurred during reporting period	-	-	10,000
Professional fees	3,583	4,986	4,745
Other expenses	6,644	5,873	4,826
Bank premises and equipment	2,513	2,463	2,471
Compensation and benefits	20,255	21,739	19,885
Fdic assessments	2,999	2,967	2,950
Technology costs	3,653	2,220	2,969
Licensing fees	3,462	2,474	3,411
Total non-interest expense	43,109	42,722	51,257
Provision for credit losses	6,378	4,506	2,691
Trust preferred securities	326	324	379
Deposits	49,823	47,178	51,737
Borrowed funds	3,247	4,316	3,105
Total interest expense	53,396	51,818	55,221
Other interest and dividends	416	583	511
Loans, including fees	118,774	110,865	111,286
Overnight deposits	2,078	1,925	3,223
Securities	5,775	5,397	5,434
Total interest income	127,043	118,770	120,454
Net interest income	73,647	66,952	65,233
Net interest income after provision for credit losses	67,269	62,446	62,542
Net income before income tax expense	26,783	23,362	17,570
Income tax expense	8,016	7,008	5,304
Net income	18,767	16,354	12,266

Earnings per share, basic	1.78	1.46	1.1
Earnings per share, diluted	1.76	1.45	1.08
Weighted average number of shares outstanding, basic	10,564,275	11,215,118	11,193,063
Weighted average number of shares outstanding, diluted	10,676,878	11,281,375	11,312,773

Unit: Thousand (K) dollars (except for numbers of shares and EPS)