ADDED
As of February 13, 2026, there were issued and outstanding 10,116,117 shares of the Registrant s Common Stock.
Generally accepted accounting principles Bank Metropolitan Commercial Bank GPG Global Payments Group BHC Act Bank Holding Company Act of 1956, as amended HTM Held-to-maturity BSA Bank Secrecy Act IRR Interest rate risk C I Commercial and Industrial ISO Incentive stock option CARES Act Coronavirus Aid, Relief, and Economic Security Act JOBS Act The Jumpstart Our Business Startups Act CECL Current Expected Credit Loss LTV Loan-to-value Company Metropolitan Bank Holding Corp.
MBS Mortgage-backed securities Coronavirus COVID-19 N/A Not applicable CRA Community Reinvestment Act NYDFS New York State Department of Financial Services CRE Commercial real estate OCC Office of the Comptroller of the Currency CRE Guidance Commercial Real Estate Lending, Sound Risk Management Practices PRSU Performance-based restricted stock units DIF Deposit Insurance Fund ROU Right of use EB-5 Program EB-5 Immigrant Investor Program SEC U.S.
Securities and Exchange Commission EGC Emerging Growth Company SOFR Secured Overnight Financing Rate ERMC Enterprise Risk Management Committee USD U.S.
(the Company ) and its wholly-owned subsidiary Metropolitan Commercial Bank (the Bank ), share repurchases under the Company s share repurchase program, dividend payments and the Company s strategies, plans, objectives, expectations and intentions, and other statements contained in this Annual Report on Form 10-K that are not historical facts.
Factors that may cause actual results to differ from those results expressed or implied include those factors listed under Part I, Item 1A., Risk Factors and as described in Part II, Item 7., Management s Discussion and Analysis of Financial Condition and Results of Operations in this report.
The Company s founding members, including its Chief Executive Officer, Mark DeFazio, recognized a need in the New York metropolitan area for a solutions-oriented, commercial banking franchise focused on building relationships with middle market companies and real estate entrepreneurs whose financial needs are often overlooked by larger financial institutions.
By offering an extensive suite of financial products and highly customized personal services, combined with strong technology offerings and a community-based relationship focus, the Company is well-positioned to continue to capitalize on the significant growth opportunities available in the New York metropolitan area and elsewhere.
In addition to traditional commercial banking products, the Company offers: corporate cash management and retail banking services; customized financial solutions for government entities, municipalities, public institutions and charter schools; specialized services to facilitate secure and efficient real estate transactions and tax-deferred exchanges for title and escrow and Section 1031 exchanges; and EB-5 Program escrow accounts of foreign investor funds for USCIS approved job-creating projects.
As of December 31, 2025, the Company s assets, loans, deposits, and stockholders equity totaled $8.3 billion, $6.8 billion, $7.4 billion and $743.1 million, respectively.
REMOVED
As of February 24, 2025, there were issued and outstanding 11,225,125 shares of the Registrant s Common Stock.
N/A Not applicable Coronavirus COVID-19 NYSDFS New York State Department of Financial Services CRA Community Reinvestment Act OCC Office of the Comptroller of the Currency CRE Commercial real estate OTTI Other-than-temporary impairment CRE Guidance Commercial Real Estate Lending, Sound Risk Management Practices PRSU Performance restricted share units DIF Deposit Insurance Fund ROU Right of use EB-5 Program EB-5 Immigrant Investor Program SEC U.S.
Securities and Exchange Commission EGC Emerging Growth Company SOFR Secured Overnight Financing Rate EVE Economic value of equity TDR Troubled debt restructuring FASB Financial Accounting Standards Board USD U.S.
(the Company ) and its wholly-owned subsidiary Metropolitan Commercial Bank (the Bank ), and the Company s strategies, plans, objectives, expectations and intentions, and other statements contained in this Annual Report on Form 10-K that are not historical facts.
Factors that may cause actual results to differ from those results expressed or implied include those factors listed under Part I, Item 1A.
Management s Discussion and Analysis of Financial Condition and Results of Operations in this report.
The Company s founding members, including its Chief Executive Officer, Mark DeFazio, recognized a need in the New York metropolitan area for a solutions-oriented, relationship bank focused on middle market companies and real estate entrepreneurs whose financial needs are often overlooked by larger financial institutions.
By combining high-tech service with the relationship-based focus of a community bank and offering an extensive suite of financial products and services, the Company is well-positioned to continue to capitalize on the significant growth opportunities available in the New York metropolitan area and elsewhere.
In addition to traditional commercial banking products, the Company offers: corporate cash management and retail banking services; customized financial solutions for government entities, municipalities, public institutions and charter schools; specialized services to facilitate secure and efficient real estate transactions and tax-deferred exchanges for title and escrow and Section 1031 exchanges; and EB-5 Program accounts for qualified foreign investors.
In 2024 the Company exited the GPG BaaS business, and only residual operational tasks remain to be completed.