Metropolitan Bank Holding Corp
For the period ended Mar 31, 2024. Filed May 3, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
MCB$96.43+1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (unaudited)
(in thousands, except share data)
| | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Common · · Additional · · Retained · · AOCI (Loss), · · · | |||||||||||||||||
| · Stock · Paid-in Capital · Earnings · Net · Total | |||||||||||||||||
| · · Shares · · Amount · · · · · · · · · · · · | |||||||||||||||||
| Three Months Ended | | | | | | | | | | | | | | | | | |
| Balance at January 1, 2024 | | 11,062,729 | | $111 | | $395,871 | | $315,975 | | $(52,936) | | $659,021 | |||||
| Issuance of common stock under stock compensation plans | | 215,273 | | | 1 | | | — | | | — | | | — | | | 1 |
| Employee and non-employee stock-based compensation | | — | | | — | | | 1,926 | | | — | | | — | | | 1,926 |
| Redemption of common stock for exercise of stock options and tax withholdings for restricted stock vesting | | (86,044) | | | — | | | (4,456) | | | — | | | — | | | (4,456) |
| Net income | | — | | | — | | | — | | | 16,203 | | | — | | | 16,203 |
| Other comprehensive income (loss) | | — | | | — | | | — | | | — | | | 846 | | | 846 |
| Balance at March 31, 2024 | | 11,191,958 | | $112 | | $393,341 | | $332,178 | | $(52,090) | | $673,541 | |||||
| | | | | | | | | | | | | | | | | | |
| Balance at January 1, 2023 | | 10,949,965 | | | 109 | | | 389,276 | | | 240,810 | | | (54,298) | | | 575,897 |
| Cumulative effect of changes in accounting principle | | — | | | — | | | — | | | (2,103) | | | — | | | (2,103) |
| Issuance of common stock under stock compensation plans | | 285,190 | | | 3 | | | 3,962 | | | — | | | — | | | 3,965 |
| Employee and non-employee stock-based compensation | | — | | | — | | | 2,222 | | | — | | | — | | | 2,222 |
| Redemption of common stock for exercise of stock options and tax withholdings for restricted stock vesting | | (23,881) | | | — | | | (1,336) | | | — | | | — | | | (1,336) |
| Net income | | — | | | — | | | — | | | 25,076 | | | — | | | 25,076 |
| Other comprehensive income (loss) | | — | | | — | | | — | | | — | | | 4,166 | | | 4,166 |
| Balance at March 31, 2023 | | 11,211,274 | | $112 | | $394,124 | | $263,783 | | $(50,132) | | $607,887 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.