Metropolitan Bank Holding Corp
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
SIGNATURES
Pursuant to the requirements of Section 13 of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Metropolitan Bank Holding Corp.
Date: February 28, 2024 By:/s/ Mark R. DeFazio
Mark R. DeFazio
President and Chief Executive Officer
(Duly Authorized Representative)
Pursuant to the requirements of the Securities Exchange of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities indicated on February 28, 2024.
| | | | |
|---|---|---|---|
| Signatures | Title | ||
| | | | |
| /s/ Mark R. DeFazio | | President, Chief Executive Officer and Director | |
| Mark R. DeFazio | | (Principal Executive Officer) | |
| | | | |
| /s/ Daniel F. Dougherty | | Executive Vice President and Chief Financial Officer | |
| Daniel F. Dougherty | | (Principal Financial Officer) | |
| | | | |
| /s/ William Reinhardt | | Chairman of the Board | |
| William Reinhardt | | | |
| | | | |
| /s/ Dale C. Fredston | | Director | |
| Dale C. Fredston | | | |
| | | | |
| /s/ David J. Gold | | Director | |
| David J. Gold | | | |
| | | | |
| /s/ Harvey M. Gutman | | Director | |
| Harvey M. Gutman | | | |
| | | | |
| /s/ Terence J. Mitchell | | Director | |
| Terence J. Mitchell | | | |
| | | | |
| /s/ Robert C. Patent | | Director | |
| Robert C. Patent | | | |
| | | | |
| /s/ Maria F. Ramirez | | Director | |
| Maria F. Ramirez | | | |
| | | | |
| /s/ Anthony J. Fabiano | | Director | |
| Anthony J. Fabiano | | | |
| | | | |
| /s/ George J. Wolf, Jr. | | Director | |
| George J. Wolf, Jr. | | | |
| | | | |
| /s/ Chaya Pamula | | Director | |
| Chaya Pamula | | | |
| | | | |
| /s/ Katrina Robinson | | Director | |
| Katrina Robinson | | | |
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
| | | |
|---|---|---|
| · Page | ||
| REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PCAOB ID - 173) | | 72 |
| CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION | | 75 |
| CONSOLIDATED STATEMENTS OF OPERATIONS | | 76 |
| CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | | 77 |
| CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY | | 78 |
| CONSOLIDATED STATEMENTS OF CASH FLOWS | | 79 |
| NOTES TO CONSOLIDATED FINANCIAL STATEMENTS | | 80 |
| NOTE 1 — ORGANIZATION | | 80 |
| NOTE 2 — BASIS OF PRESENTATION | | 80 |
| NOTE 3 — SUMMARY OF RECENT ACCOUNTING PRONOUNCEMENTS | | 89 |
| NOTE 4 — INVESTMENT SECURITIES | | 91 |
| NOTE 5 — LOANS | | 94 |
| NOTE 6 — LEASES | | 100 |
| NOTE 7 — PREMISES AND EQUIPMENT | | 101 |
| NOTE 8 — DEPOSITS | | 101 |
| NOTE 9 — BORROWINGS | | 102 |
| NOTE 10 — INCOME TAXES | | 103 |
| NOTE 11 — RELATED PARTY TRANSACTIONS | | 105 |
| NOTE 12 — FAIR VALUE OF FINANCIAL INSTRUMENTS | | 105 |
| NOTE 13 — STOCKHOLDERS’ EQUITY | | 109 |
| NOTE 14 — STOCK COMPENSATION PLAN | | 109 |
| NOTE 15 — EMPLOYEE BENEFIT PLAN | | 111 |
| NOTE 16 — COMMITMENTS AND CONTINGENCIES | | 112 |
| NOTE 17 — REGULATORY CAPITAL | | 113 |
| NOTE 18 — EARNINGS PER COMMON SHARE | | 115 |
| NOTE 19 — ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | | 116 |
| NOTE 20 — REVENUE FROM CONTRACTS WITH CUSTOMERS | | 117 |
| NOTE 21 — DERIVATIVES | | 118 |
| NOTE 22 — PARENT COMPANY FINANCIAL INFORMATION | | 119 |
| | | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.