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$96.44+0.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Comprehensive Income

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited)

(in thousands)


· · Three months ended · · Six months ended ·
· · June 30, · · June 30, ·
· 2024 · 2023 · 2024 · 2023
Net Income	$16,799	$15,561	$33,002	$40,637

Other comprehensive income (loss):
Securities available-for-sale:
Unrealized gain (loss) arising during the period	146	(6,733)	(4,342)	1,500
Tax effect	(43)	2,058	1,879	(456)
Net of tax	103	(4,675)	(2,463)	1,044


Cash flow hedges:
Unrealized gain (loss) arising during the period	932	6,777	7,019	5,771
Reclassification adjustment for gains included in net income	(1,262)	(1,218)	(2,513)	(2,453)
Tax effect	112	(1,673)	(1,312)	(985)
Net of tax	(218)	3,886	3,194	2,333

Total other comprehensive income (loss)	(115)	(789)	731	3,377

Comprehensive Income (Loss)	$16,684	$14,772	$33,733	$44,014

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.