Metropolitan Commercial Bank is an FDIC insured institution headquartered at
99 Park Ave, New York, NY 10016.
It was founded in
1999 and has approximately $7 billion in
assets. Customers can open an account at one of its 7 branches.
Transform Your Home Equity Into Cash: Explore our Tech-Powered Solutions!
Unlock Your Home's Value: Discover the Power of our Online HELOC!
Maximize Your Equity: Get Cash-Out Using Our HELOC for Your Next Big Step
Secure Your Future: Experience the Ease of our Fixed Home Equity Loans
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
97% of borrowers would recommend to friends or family
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2024
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 34699
Date Established
1999
Assets
$ 7.26 billion
Loans
$ 5.78 billion
Deposits
$ 6.21 billion
Capital
$ 696.59 million
Summary Balance Sheet as of March 31, 2024
ASSETS
Cash & Balances due from depository institutions
$ 244.66 million
Interest-bearing balances
$ 226.51 million
Total securities
$ 956.24 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 5.78 billion
Loan loss allowance
$ 60.01 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
$ 9.73 million
All other assets
$ 164.75 million
Total Assets
$ 6.57 billion
LIABILITIES
Total deposits
$ 6.21 billion
Interest-bearing deposits
$ 4.29 billion
Deposits held in domestic offices
$ 6.21 billion
% insured (estimated)
74.89%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 32.04 million
Subordinated debt
N.A.
All other liabilities
$ 44.94 millionn
Total Liabilities
$ 6.57 billion
Shareholders’ Equity
$ 696.59 million
Summary Income Statement as of March 31, 2024
INCOME AND EXPENSES
Total Interest Income
$ 228.10 million
Total Interest Expense
$ 106.09 million
Net interest income
$ 122.01 million
Provision for loan and lease losses
$ 2.07 million
Total non interest income
$ 13.17 million
Total non interest expense
$ 81.73 million
Pre-tax Net Operating Income
$ 61.64 million
Customer Reviews for Metropolitan Commercial Bank
There are currently no comments for Metropolitan Commercial Bank. Be the first to share your experience. Please provide comments that will help others.
Branches
Click on location and enter new zip number to change.
Your current location is: Ashburn, VA
There are currently no comments for Metropolitan Commercial Bank. Be the first to share your experience. Please provide comments that will help others.