Metropolitan Bank Holding Corp
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 28, 2024
MCB$96.44+0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(in thousands)
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
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| · · · · · | |||||||||
| · 2023 · 2022 · 2021 | |||||||||
| Net Income | | $77,268 | | $59,425 | | $60,555 | |||
| | | | | | | | | | |
| Other comprehensive income: | | | | | | | | | |
| Securities available-for-sale: | | | | | | | | | |
| Unrealized gain (loss) arising during the period | | | 11,135 | | | (76,934) | | | (14,722) |
| Reclassification adjustment for gains included in net income | | | — | | | — | | | (609) |
| Tax effect | | | (3,986) | | | 23,353 | | | 4,795 |
| Net of tax | | | 7,149 | | | (53,581) | | | (10,536) |
| | | | | | | | | | |
| | | | | | | | | | |
| Cash flow hedges: | | | | | | | | | |
| Unrealized gain (loss) arising during the period | | | (3,350) | | | 11,704 | | | 2,957 |
| Reclassification adjustment for gains included in net income | | | (4,864) | | | (1,949) | | | — |
| Tax effect | | | 2,427 | | | (2,968) | | | (898) |
| Net of tax | | | (5,787) | | | 6,787 | | | 2,059 |
| | | | | | | | | | |
| Total other comprehensive income (loss) | | | 1,362 | | | (46,794) | | | (8,477) |
| | | | | | | | | | |
| Comprehensive Income (Loss) | | $78,630 | | $12,631 | | $52,078 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.