Metropolitan Bank and Trust Company

Headquarters

10 East 53rd Street
New York, NY 10022
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Metropolitan Bank and Trust Company is an FDIC insured institution located in New York, NY. It was founded in 1962 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 33656
Date Established 1962
Assets $ 42.13 million
Loans $ 1.43 million
Deposits $ 10.08 million
Capital N.A.
 

For a more detailed analysis of Metropolitan Bank and Trust Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Metropolitan Bank and Trust Company

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Metropolitan Bank and Trust Company
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Branches

Metropolitan Bank and Trust Company branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Metropolitan Bank and Trust Company Locations


Financial Details

Metropolitan Bank and Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Metropolitan Bank and Trust Company. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Metropolitan Bank and Trust Company U.S. Bank Average
NAN% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Metropolitan Bank and Trust Company had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $0 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of NAN%.

Return on Equity
Metropolitan Bank and Trust Company U.S. Bank Average
0% 7.80%

Metropolitan Bank and Trust Company has a Return on Equity of 0% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Metropolitan Bank and Trust Company U.S. Bank Average
0% 12.68%

Metropolitan Bank and Trust Company has a Capitalization of 0% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Metropolitan Bank and Trust Company Balance Sheet Analysis

As of March 31, 2020, Metropolitan Bank and Trust Company had assets of $42,130,000, loans of $1,427,000, and deposits of $10,080,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 29.56 million
Interest-bearing balances N.A.
Total securities $ 10.71 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1.43 million
Loan loss allowance N.A.
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.44 million
     Total Assets $ 42.13 million
LIABILITIES
Total deposits $ 10.08 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices $ 10.08 million
      % insured (estimated) 34.58%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 32.05 million
      Total Liabilities $ 42.13 million
      Shareholders’ Equity N.A.

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Metropolitan Bank and Trust Company’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in New York, Metropolitan Bank and Trust Company has a significantly higher percent of Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 89.84
Commercial and Industrial Loans 10.16
Farm Loans 0.00

Frequently Asked Questions About Metropolitan Bank And Trust Company

Branches and Savings

Is Metropolitan Bank And Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #33656.

Why does Metropolitan Bank And Trust Company pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Metropolitan Bank And Trust Company CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Metropolitan Bank And Trust Company a commercial bank?

Yes

Where are Metropolitan Bank And Trust Company locations?

See branch locations nearby.

Is Metropolitan Bank And Trust Company open on Saturdays?

Is Metropolitan Bank And Trust Company open on Sundays?

What time does Metropolitan Bank And Trust Company open?

What time does Metropolitan Bank And Trust Company close?

Are Metropolitan Bank And Trust Company ATMs Open 24/7?

Do Metropolitan Bank And Trust Company ATMs accept cash deposits?

Can Metropolitan Bank And Trust Company customers use other ATMs?

Do Metropolitan Bank And Trust Company branches have notaries?

Will Metropolitan Bank And Trust Company notarize my document?

What address for Metropolitan Bank And Trust Company should I put for incoming ACH transfers?

Will the Metropolitan Bank And Trust Company branch print checks?

Do Metropolitan Bank And Trust Company checks expire?

Does Metropolitan Bank And Trust Company require US citizenship to open account?

Can Metropolitan Bank And Trust Company close my account?

Does Metropolitan Bank And Trust Company Report to credit bureaus?

Does Metropolitan Bank And Trust Company Use Equifax?

What is Metropolitan Bank And Trust Company's ACH Routing Number?

What is Metropolitan Bank And Trust Company's SWIFT code?

Products

Does Metropolitan Bank And Trust Company offer mortgages?

Compare mortgage rates here.

Does Metropolitan Bank And Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Metropolitan Bank And Trust Company offer personal loans?

Compare personal loan rates here.

Does Metropolitan Bank And Trust Company offer student loans?

Will Metropolitan Bank And Trust Company cash a check?

Will Metropolitan Bank And Trust Company redeem a savings bond?

Does Metropolitan Bank And Trust Company cash savings bonds?

Will Metropolitan Bank And Trust Company cash money orders?

Can Metropolitan Bank And Trust Company issue a money order?

Does Metropolitan Bank And Trust Company do currency exchange?

Background on The Bank

Who owns Metropolitan Bank And Trust Company?

How long has Metropolitan Bank And Trust Company been around?

Can Metropolitan Bank And Trust Company transfer to other banks?

Does Metropolitan Bank And Trust Company have quick pay?

Does Metropolitan Bank And Trust Company accept rolled coins?

Will Metropolitan Bank And Trust Company accept loose change?

Where is Metropolitan Bank And Trust Company headquarters?

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