Metropolitan Bank Holding Corp

For the period ended Jun 30, 2024. Filed Aug 2, 2024.

About 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.

Jun 30, 2024 · Filed Aug 2, 2024

MCB$96.43+1.0%Stored close · as of Nov 9, 2026

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Contents

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 April 1, 2024	11,191,958	$112	$393,341	$332,178	$(52,090)	$673,541
Issuance of common stock under stock compensation plans	1,470	—	—	—	—	—
Employee and non-employee stock-based compensation	—	—	2,200	—	—	2,200
Redemption of common stock for exercise of stock options and tax withholdings for restricted stock vesting	(492)	—	(21)	—	—	(21)
Net income	—	—	—	16,799	—	16,799
Other comprehensive income (loss)	—	—	—	—	(115)	(115)
Balance at June 30, 2024	11,192,936	$112	$395,520	$348,977	$(52,205)	$692,404

Balance at April 1, 2023	11,211,274	112	394,124	263,783	(50,132)	607,887
Issuance of common stock under stock compensation plans	(220,200)	(2)	(3,962)	—	—	(3,964)
Employee and non-employee stock-based compensation	—	—	2,580	—	—	2,580
Net income	—	—	—	15,561	—	15,561
Other comprehensive income (loss)	—	—	—	—	(789)	(789)
Balance at June 30, 2023	10,991,074	$110	$392,742	$279,344	$(50,921)	$621,275

Six 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	216,743	1	—	—	—	1
Employee and non-employee stock-based compensation	—	—	4,126	—	—	4,126
Redemption of common stock for exercise of stock options and tax withholdings for restricted stock vesting	(86,536)	—	(4,477)	—	—	(4,477)
Net income	—	—	—	33,002	—	33,002
Other comprehensive income (loss)	—	—	—	—	731	731
Balance at June 30, 2024	11,192,936	$112	$395,520	$348,977	$(52,205)	$692,404

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	64,990	1	—	—	—	1
Employee and non-employee stock-based compensation	—	—	4,802	—	—	4,802
Redemption of common stock for exercise of stock options and tax withholdings for restricted stock vesting	(23,881)	—	(1,336)	—	—	(1,336)
Net income	—	—	—	40,637	—	40,637
Other comprehensive income (loss)	—	—	—	—	3,377	3,377
Balance at June 30, 2023	10,991,074	$110	$392,742	$279,344	$(50,921)	$621,275

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.