Metropolitan Bank Holding Corp

For the period ended Sep 30, 2024. Filed Nov 8, 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.

Sep 30, 2024 · Filed Nov 8, 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 · · Nine months ended ·
· · September 30, · · September 30, ·
· 2024 · 2023 · 2024 · 2023
Net income	$12,266	$22,063	$45,268	$62,700

Other comprehensive income (loss):
Securities available-for-sale:
Unrealized gain (loss) arising during the period	19,144	(12,828)	14,802	(11,328)
Tax effect	(5,685)	3,920	(3,806)	3,464
Net of tax	13,459	(8,908)	10,996	(7,864)


Cash flow hedges:
Unrealized gain (loss) arising during the period	(6,426)	734	593	6,505
Reclassification adjustment for gains included in net income	(1,245)	(1,200)	(3,757)	(3,653)
Tax effect	2,290	144	977	(841)
Net of tax	(5,381)	(322)	(2,187)	2,011

Total other comprehensive income (loss)	8,078	(9,230)	8,809	(5,853)

Comprehensive income (loss)	$20,344	$12,833	$54,077	$56,847

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.