Metropolitan Bank Holding Corp
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
View on SEC.govAbout this filing
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FY2024 · Filed Feb 28, 2025
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
(in thousands, except share data)
| | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Common · · Additional · · Retained · · AOCI (Loss), · · · | |||||||||||||||||
| · Stock · Paid-in Capital · Earnings · Net · Total | |||||||||||||||||
| · · Shares · · Amount · · · · · · · · · · · · | |||||||||||||||||
| | | | | | | | | | | | | | | | | | |
| Year 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 | | 223,483 | | | 1 | | | — | | | — | | | — | | | 1 |
| Employee and non-employee stock-based compensation | | — | | | — | | | 8,899 | | | — | | | — | | | 8,899 |
| Redemption of common stock for exercise of stock options and tax withholdings for restricted stock vesting | | (88,587) | | | — | | | (4,582) | | | — | | | — | | | (4,582) |
| Net income | | — | | | — | | | — | | | 66,686 | | | — | | | 66,686 |
| Other comprehensive income (loss) | | — | | | — | | | — | | | — | | | (198) | | | (198) |
| Balance at December 31, 2024 | | 11,197,625 | | $112 | | $400,188 | | $382,661 | | $(53,134) | | $729,827 | |||||
| | | | | | | | | | | | | | | | | | |
| 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 | | | 4 | | | — | | | — | | | — | | | 4 |
| Employee and non-employee stock-based compensation | | — | | | — | | | 9,765 | | | — | | | — | | | 9,765 |
| Redemption of common stock for exercise of stock options and tax withholdings for restricted stock vesting | | (172,426) | | | (2) | | | (3,170) | | | — | | | — | | | (3,172) |
| Net income | | — | | | — | | | — | | | 77,268 | | | — | | | 77,268 |
| Other comprehensive income (loss) | | — | | | — | | | — | | | — | | | 1,362 | | | 1,362 |
| Balance at December 31, 2023 | | 11,062,729 | | $111 | | $395,871 | | $315,975 | | $(52,936) | | $659,021 | |||||
| | | | | | | | | | | | | | | | | | |
| Balance at January 1, 2022 | | 10,920,569 | | $109 | | $382,999 | | $181,385 | | $(7,504) | | $556,989 | |||||
| Issuance of common stock under stock compensation plans | | 48,479 | | | — | | | — | | | — | | | — | | | — |
| Employee and non-employee stock-based compensation | | — | | | — | | | 7,836 | | | — | | | — | | | 7,836 |
| Redemption of common stock for exercise of stock options and tax withholdings for restricted stock vesting | | (19,083) | | | — | | | (1,559) | | | — | | | — | | | (1,559) |
| Net income | | — | | | — | | | — | | | 59,425 | | | — | | | 59,425 |
| Other comprehensive income (loss) | | — | | | — | | | — | | | — | | | (46,794) | | | (46,794) |
| Balance at December 31, 2022 | | 10,949,965 | | $109 | | $389,276 | | $240,810 | | $(54,298) | | $575,897 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.