2019 Q4 Form 10-K Financial Statement

#000155837021002554 Filed on March 08, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $36.47M $35.50M $30.83M
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.00K $660.0K $480.0K
YoY Change -77.78% 57.14% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $8.424M $9.443M $7.891M
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $11.56M $11.25M $8.937M
YoY Change 32.9% 7.59% 5.14%
Income Tax $3.699M $3.571M $2.880M
% Of Pretax Income 31.99% 31.73% 32.23%
Net Earnings $7.863M $7.683M $6.057M
YoY Change 25.01% 8.06% 3.19%
Net Earnings / Revenue 21.56% 21.64% 19.65%
Basic Earnings Per Share $0.95 $0.92 $0.73
Diluted Earnings Per Share $0.93 $0.90 $0.71
COMMON SHARES
Basic Shares Outstanding 8.175M 8.173M
Diluted Shares Outstanding 8.349M 8.336M

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $389.2M $435.4M $433.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $12.10M $9.600M $6.600M
YoY Change 75.36% 39.13% -5.71%
Goodwill $9.733M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $3.358B $3.243B $2.961B
YoY Change 53.83% 67.98% 53.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.200M $1.000M $26.00M
YoY Change -7.69% 11.11% 2500.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $23.60M $41.10M $26.20M
YoY Change 1715.38% 4466.67% 44.75%
LONG-TERM LIABILITIES
Long-Term Debt $88.20M $45.20M $45.20M
YoY Change 95.13% 0.0% 0.22%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $88.20M $45.20M $45.20M
YoY Change 95.13% 0.0% 0.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.60M $41.10M $26.20M
Total Long-Term Liabilities $88.20M $45.20M $45.20M
Total Liabilities $3.058B $2.952B $2.679B
YoY Change 59.45% 76.42% 59.97%
SHAREHOLDERS EQUITY
Retained Earnings $81.36M
YoY Change
Common Stock $82.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $299.1M $291.0M $281.3M
YoY Change
Total Liabilities & Shareholders Equity $3.358B $3.243B $2.961B
YoY Change 53.83% 67.98% 53.84%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $7.863M $7.683M $6.057M
YoY Change 25.01% 8.06% 3.19%
Depreciation, Depletion And Amortization $20.00K $660.0K $480.0K
YoY Change -77.78% 57.14% 0.0%
Cash From Operating Activities -$11.56M $27.04M $2.450M
YoY Change -16.29% 5.5% -3162.5%
INVESTING ACTIVITIES
Capital Expenditures -$2.870M -$3.440M -$530.0K
YoY Change 769.7% 1223.08% -18.46%
Acquisitions
YoY Change
Other Investing Activities -$160.3M -$304.6M -$309.6M
YoY Change 0.68% 175.44% 315.92%
Cash From Investing Activities -$163.2M -$308.1M -$310.1M
YoY Change 2.28% 177.9% 312.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 128.5M 283.1M 385.0M
YoY Change -48.97% -3082.93% -925.45%
NET CHANGE
Cash From Operating Activities -11.56M 27.04M 2.450M
Cash From Investing Activities -163.2M -308.1M -310.1M
Cash From Financing Activities 128.5M 283.1M 385.0M
Net Change In Cash -46.21M 2.040M 77.34M
YoY Change -158.84% -102.15% -163.49%
FREE CASH FLOW
Cash From Operating Activities -$11.56M $27.04M $2.450M
Capital Expenditures -$2.870M -$3.440M -$530.0K
Free Cash Flow -$8.690M $30.48M $2.980M
YoY Change -35.53% 17.73% 422.81%

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CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5117000
CY2020 mcb Change In Global Payments Balances
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16227000
CY2019 mcb Change In Global Payments Balances
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3009000
CY2020 us-gaap Increase Decrease In Interest Payable Net
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CY2019 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
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CY2019 mcb Restricted Stock Value Redemption Net Of Shares For Tax Withholdings
RestrictedStockValueRedemptionNetOfSharesForTaxWithholdings
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CY2019 us-gaap Net Income Loss
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CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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1612000
CY2019Q4 us-gaap Stockholders Equity
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299124000
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3312000
CY2020 mcb Restricted Stock Value Redemption Net Of Shares For Tax Withholdings
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881000
CY2020 us-gaap Net Income Loss
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39466000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
340787000
CY2020 us-gaap Net Income Loss
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39466000
CY2019 us-gaap Net Income Loss
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30134000
CY2020 us-gaap Depreciation And Amortization
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2538000
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1613000
CY2020 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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-2009000
CY2019 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2020 us-gaap Amortization Of Financing Costs
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56000
CY2019 us-gaap Amortization Of Financing Costs
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56000
CY2020 us-gaap Provision For Loan And Lease Losses
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9488000
CY2019 us-gaap Provision For Loan And Lease Losses
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4223000
CY2020 us-gaap Share Based Compensation
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3312000
CY2019 us-gaap Share Based Compensation
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3067000
CY2020 us-gaap Increase Decrease In Loans Deferred Income
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-296000
CY2019 us-gaap Increase Decrease In Loans Deferred Income
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-2837000
CY2020 us-gaap Deferred Income Tax Expense Benefit
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290000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1865000
CY2020 mcb Non Interest Income Losses On Call Of Securities
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3286000
CY2020 us-gaap Gain Loss On Sales Of Loans Net
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-190000
CY2019 us-gaap Gain Loss On Sales Of Loans Net
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86000
CY2020 us-gaap Dividend Income Equity Securities Operating
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41000
CY2019 us-gaap Dividend Income Equity Securities Operating
DividendIncomeEquitySecuritiesOperating
50000
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
48000
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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64000
CY2020 us-gaap Increase Decrease In Accrued Interest Receivable Net
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4387000
CY2020 mcb Receivable From Global Payments Net
ReceivableFromGlobalPaymentsNet
15678000
CY2019 mcb Receivable From Global Payments Net
ReceivableFromGlobalPaymentsNet
1860000
CY2020 us-gaap Increase Decrease In Prepaid Expenses Other
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734000
CY2019 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
4310000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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87270000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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38956000
CY2020 us-gaap Payments To Acquire Loans And Leases Held For Investment
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CY2019 us-gaap Payments To Acquire Loans And Leases Held For Investment
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CY2020 mcb Payment For Loans Purchased
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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389220000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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232950000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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864305000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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389220000
CY2019 mcb Payment For Loans Purchased
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CY2020 us-gaap Proceeds From Sale Of Loans Held For Sale
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CY2019 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
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CY2020 us-gaap Proceeds From Sale Of Other Investments
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10980000
CY2019 us-gaap Proceeds From Sale Of Other Investments
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12354000
CY2020 us-gaap Payments To Acquire Other Investments
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1140000
CY2019 us-gaap Payments To Acquire Other Investments
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11007000
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
234366000
CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
226858000
CY2020 mcb Proceeds From Calls Of Securities Available For Sale
ProceedsFromCallsOfSecuritiesAvailableForSale
30000000
CY2019 mcb Proceeds From Calls Of Securities Available For Sale
ProceedsFromCallsOfSecuritiesAvailableForSale
1065000
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
111422000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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64973000
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
23136000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
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932000
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
820000
CY2020 mcb Payment To Acquire Derivative Contract
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2980000
CY2020 us-gaap Payments For Proceeds From Productive Assets
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3913000
CY2019 us-gaap Payments For Proceeds From Productive Assets
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6836000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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-489035000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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-1014789000
CY2020 mcb Redemption Of Common Stock For Tax Withholdings For Restricted Stock Vesting
RedemptionOfCommonStockForTaxWithholdingsForRestrictedStockVesting
-881000
CY2019 mcb Redemption Of Common Stock For Tax Withholdings For Restricted Stock Vesting
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-89000
CY2019 us-gaap Proceeds From Federal Home Loan Bank Advances
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1028000000
CY2020 us-gaap Payments For Federal Home Loan Bank Advances
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144000000
CY2019 us-gaap Payments For Federal Home Loan Bank Advances
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CY2020 us-gaap Proceeds From Repayments Of Secured Debt
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CY2019 us-gaap Proceeds From Repayments Of Secured Debt
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CY2020 us-gaap Increase Decrease In Deposits
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CY2019 us-gaap Increase Decrease In Deposits
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1130220000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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876850000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1132103000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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475085000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
156270000
CY2020 us-gaap Interest Paid Net
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18693000
CY2019 us-gaap Interest Paid Net
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32223000
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
19085000
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
15185000
CY2020 mcb Transfer Of Loans Non Cash
TransferOfLoansNonCash
1716000
CY2019 mcb Transfer Of Loans Non Cash
TransferOfLoansNonCash
21502000
CY2020Q4 mcb Bankruptcy Trustee Funds
BankruptcyTrusteeFunds
871300000
CY2019Q4 mcb Bankruptcy Trustee Funds
BankruptcyTrusteeFunds
865800000
CY2019Q4 us-gaap Federal Home Loan Bank Stock
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8100000
CY2020 us-gaap Nature Of Operations
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">NOTE 1 — ORGANIZATION</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:21.6pt;margin:0pt 0pt 12pt 0pt;">Metropolitan Bank Holding Corp. (a New York corporation) (the “Company”) is a bank holding company whose principal activity is the ownership and management of Metropolitan Commercial Bank (the “Bank”), its wholly-owned subsidiary. The Bank’s primary market is the New York metropolitan area. The Bank offers a traditional range of commercial banking services to individuals and businesses. Its primary lending products are commercial real estate loans, multi-family loans, and commercial and industrial loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate. Commercial loans are expected to be repaid from cash flows from operations of businesses. The Bank’s primary deposit products are checking, savings, and term deposit accounts, and its deposit accounts are insured by the Federal Deposit Insurance Corporation (the “FDIC”) under the maximum amounts allowed by law. The Bank commenced operations on June 22, 1999.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:21.6pt;margin:0pt 0pt 12pt 0pt;">The Company is subject to regulations of certain state and federal agencies and, accordingly, is periodically examined by those regulatory authorities. As a consequence of the extensive regulation of commercial banking activities, the Company’s business is susceptible to being affected by state and federal legislation and regulations.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:21.6pt;margin:0pt 0pt 12pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p>
CY2020 us-gaap Use Of Estimates
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:21.6pt;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration:underline;text-decoration-color:#000000;">Use of Estimates</span>:   To prepare financial statements in conformity with GAAP, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ from those estimates.</p>
CY2020Q4 us-gaap Goodwill
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9700000
CY2020 us-gaap Concentration Risk Credit Risk
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:21.6pt;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration:underline;text-decoration-color:#000000;">Concentrations of Credit Risk</span>:   Financial instruments, which potentially subject the Bank to concentration of credit risk, consist primarily of temporary cash investments including due from banks, interest-bearing deposits with banks and real estate loans receivable. A significant portion of real estate loans are collateralized by property in the New York Metropolitan area. The ultimate collectability of these loans may be susceptible to changes in the real estate market in this area.</p>
CY2019Q4 mcb Disability Opportunity Fund Stock
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1000000.0
CY2020Q4 us-gaap Federal Reserve Bank Stock
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CY2020Q4 us-gaap Federal Home Loan Bank Stock
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2700000
CY2020Q2 mcb Sba Loan Fund
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CY2019Q4 us-gaap Federal Reserve Bank Stock
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7300000
CY2019Q4 mcb Small Business Administration Loan Fund Investment
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5000000.0
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
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CY2020Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
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CY2020Q4 us-gaap Escrow Deposit
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9500000
CY2019Q4 us-gaap Escrow Deposit
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10600000
CY2020 us-gaap Prior Period Reclassification Adjustment Description
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:21.6pt;margin:0pt 0pt 12pt 0pt;"><span style="text-decoration:underline;text-decoration-color:#000000;">Reclassifications</span>:   Some items in the prior year financial statements may have been reclassified to conform to the current presentation. Reclassification had no effect on prior year net income or stockholders’ equity.</p>
CY2020 us-gaap Number Of Operating Segments
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1
CY2020 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
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CY2019 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
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1100000
CY2020 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
141422000
CY2019 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
1065000
CY2020 us-gaap Debt Securities Available For Sale Realized Gain
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3286000
CY2020 mcb Debt Securities Available For Sale Tax
DebtSecuritiesAvailableForSaleTax
-1036000
CY2020 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
3300000
CY2020 mcb Debt Securities Available For Sale Sold
DebtSecuritiesAvailableForSaleSold
108100000
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
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37997000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
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37916000
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2760000
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
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2827000
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CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
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CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
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25000000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
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CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
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25000000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
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CY2019Q4 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
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CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
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CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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30489000
CY2019Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
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CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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CY2020Q4 us-gaap Loans And Leases Receivable Deferred Income
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CY2019Q4 us-gaap Loans And Leases Receivable Deferred Income
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CY2020Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
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CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
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2672949000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
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CY2019Q4 us-gaap Loans And Leases Receivable Allowance
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CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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3101646000
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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CY2019Q4 us-gaap Loans And Leases Receivable Allowance
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26272000
CY2020 us-gaap Provision For Loan And Lease Losses
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CY2020 us-gaap Allowance For Loan And Lease Losses Write Offs
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CY2020 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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CY2020Q4 us-gaap Loans And Leases Receivable Allowance
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CY2018Q4 us-gaap Loans And Leases Receivable Allowance
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CY2019 us-gaap Provision For Loan And Lease Losses
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CY2019 us-gaap Allowance For Loan And Lease Losses Write Offs
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CY2019 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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CY2019Q4 us-gaap Loans And Leases Receivable Allowance
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CY2020 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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353000
CY2019 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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3100000
CY2019 mcb Allowance For Loan And Lease Loss Recovery Of Bad Debts Recovered Charged Off In Taxi Medallion
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CY2020Q4 us-gaap Loans And Leases Receivable Allowance
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CY2020Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
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CY2020Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
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CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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3142319000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
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CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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25092000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
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26272000
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
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CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
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2672393000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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2677919000
CY2020Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
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CY2020Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
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CY2020Q4 us-gaap Impaired Financing Receivable Related Allowance
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CY2020 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
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5450000
CY2020 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
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107000
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
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11011000
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
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CY2020 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
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4307000
CY2020 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
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58000
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
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2411000
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
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2278000
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
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1180000
CY2019 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
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1141000
CY2019 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
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32000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
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3395000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
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3248000
CY2019 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
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2438000
CY2019 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
139000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
5620000
CY2020Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
769000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4085000
CY2019Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
408000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
30294000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
3112025000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
3142319000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
3144000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
2674775000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
2677919000
CY2019Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1400000
CY2020Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1400000
CY2020Q4 mcb Financing Receivable Modifications Specific Reserve
FinancingReceivableModificationsSpecificReserve
53000
CY2019Q4 mcb Financing Receivable Modifications Specific Reserve
FinancingReceivableModificationsSpecificReserve
81000
CY2020Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1360000
CY2019Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1441000
CY2020 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
28030000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
26996000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14555000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14896000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13475000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12100000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2500000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1600000
CY2020Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1715042000
CY2019Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1090479000
CY2020Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1993514000
CY2019Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1573716000
CY2020Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
17895000
CY2019Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
16204000
CY2020Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
4172000
CY2019Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
5483000
CY2020Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
87890000
CY2019Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
104892000
CY2020Q4 us-gaap Deposits
Deposits
3818513000
CY2019Q4 us-gaap Deposits
Deposits
2790774000
CY2020Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
42500000
CY2019Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
61400000
CY2020Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
51321000
CY2020Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
26466000
CY2020Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
7270000
CY2020Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
3175000
CY2020Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
3830000
CY2020Q4 us-gaap Time Deposits
TimeDeposits
92062000
CY2020Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
0
CY2020Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
499800000
CY2019Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
437800000
CY2020Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Maximum Amount Available
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresMaximumAmountAvailable
499800000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
10936000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
9222000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7226000
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6570000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
18162000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
15792000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
139000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-845000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
151000
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1020000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
290000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1865000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18452000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13927000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
11145000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
8303000
CY2019Q4 mcb Deferred Tax Assets Nonaccrual Loan Interest
DeferredTaxAssetsNonaccrualLoanInterest
24000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
57000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
57000
CY2020Q4 mcb Deferred Tax Assets Restricted Stock
DeferredTaxAssetsRestrictedStock
90000
CY2019Q4 mcb Deferred Tax Assets Restricted Stock
DeferredTaxAssetsRestrictedStock
188000
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
14000
CY2019Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
17000
CY2020Q4 mcb Non Qualified Stock Options
NonQualifiedStockOptions
292000
CY2019Q4 mcb Non Qualified Stock Options
NonQualifiedStockOptions
294000
CY2020Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
564000
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
51000
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
12162000
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
8934000
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3731000
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
781000
CY2020Q4 mcb Deferred Tax Liabilities Unrealized Losses On Available For Sale Securities Gross
DeferredTaxLiabilitiesUnrealizedLossesOnAvailableForSaleSecuritiesGross
1067000
CY2019Q4 mcb Deferred Tax Liabilities Unrealized Losses On Available For Sale Securities Gross
DeferredTaxLiabilitiesUnrealizedLossesOnAvailableForSaleSecuritiesGross
604000
CY2020Q4 mcb Deferred Tax Liabilities Pass Through Income
DeferredTaxLiabilitiesPassThroughIncome
59000
CY2019Q4 mcb Deferred Tax Liabilities Pass Through Income
DeferredTaxLiabilitiesPassThroughIncome
69000
CY2020Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
355000
CY2019Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
341000
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
5212000
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1795000
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
6950000
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
7139000
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12163
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
9253
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5828000
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.1006
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4385000
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0995
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
457000
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.0079
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
430000
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.0097
CY2020 mcb Effective Income Tax Rate Reconciliation Excess Tax Deduction Amount
EffectiveIncomeTaxRateReconciliationExcessTaxDeductionAmount
-59000
CY2020 mcb Effective Income Tax Rate Reconciliation Excess Tax Deduction Percent
EffectiveIncomeTaxRateReconciliationExcessTaxDeductionPercent
-0.0010
CY2019 mcb Effective Income Tax Rate Reconciliation Excess Tax Deduction Amount
EffectiveIncomeTaxRateReconciliationExcessTaxDeductionAmount
-132000
CY2019 mcb Effective Income Tax Rate Reconciliation Excess Tax Deduction Percent
EffectiveIncomeTaxRateReconciliationExcessTaxDeductionPercent
-0.0030
CY2019 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
2000
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.0000
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
63000
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0011
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-7000
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0001
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18452000
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3186
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13927000
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3161
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3947000
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3877000
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3548000
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3506000
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3285000
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
23417000
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
41580000
CY2020 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4700000
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3800000
CY2019Q4 mcb Fair Value Assets Measured At Fair Value On Non Recurring Basis
FairValueAssetsMeasuredAtFairValueOnNonRecurringBasis
0
CY2020Q4 mcb Fair Value Assets Measured At Fair Value On Non Recurring Basis
FairValueAssetsMeasuredAtFairValueOnNonRecurringBasis
0
CY2019Q4 mcb Tier One Risk Based Minimum For Capital Adequacy Plus Capital Conservation Buffer To Risk Weighted Assets Ratio
TierOneRiskBasedMinimumForCapitalAdequacyPlusCapitalConservationBufferToRiskWeightedAssetsRatio
0.060
CY2019Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
308769000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
231000
CY2020Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
324592000
CY2020Q4 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
10.1
CY2020Q4 us-gaap Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
145092000
CY2020Q4 mcb Common Equity Tier One Capital Required For Capital Adequacy To Risk Weighted Assets Ratio
CommonEquityTierOneCapitalRequiredForCapitalAdequacyToRiskWeightedAssetsRatio
0.045
CY2020Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
350714000
CY2020Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
10.9
CY2020Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
193456000
CY2020Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
6.0
CY2020Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
350714000
CY2020Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
8.5
CY2020Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
165767000
CY2020Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
4.0
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.00
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
231000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.00
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
231000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
18.00
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4220370
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y4M17D
CY2019Q4 us-gaap Capital
Capital
350403000
CY2019Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
12.5
CY2019Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
9.4
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
619000
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
499000
CY2019Q4 mcb Capital Minimum For Capital Adequacy Plus Capital Conservation Buffer
CapitalMinimumForCapitalAdequacyPlusCapitalConservationBuffer
223973000
CY2019Q4 mcb Capital Minimum For Capital Adequacy Plus Capital Conservation Buffer To Risk Weighted Assets Ratio
CapitalMinimumForCapitalAdequacyPlusCapitalConservationBufferToRiskWeightedAssetsRatio
0.080
CY2019Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
282646000
CY2019Q4 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
10.1
CY2019Q4 mcb Common Equity Tier One Minimum For Capital Adequacy Plus Capital Conservation Buffer
CommonEquityTierOneMinimumForCapitalAdequacyPlusCapitalConservationBuffer
125985000
CY2019Q4 mcb Common Equity Tier One Capital Minimum For Capital Adequacy Plus Capital Conservation Buffer Ratio
CommonEquityTierOneCapitalMinimumForCapitalAdequacyPlusCapitalConservationBufferRatio
0.045
CY2019Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
308769000
CY2019Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
11.0
CY2019Q4 mcb Tier One Risk Based Minimum For Capital Adequacy Plus Capital Conservation Buffer
TierOneRiskBasedMinimumForCapitalAdequacyPlusCapitalConservationBuffer
167980000
CY2020 us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
53288000
CY2020 us-gaap Loans And Leases Receivable Commitments Variable Rates
LoansAndLeasesReceivableCommitmentsVariableRates
266696000
CY2019 us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
64947000
CY2019 us-gaap Loans And Leases Receivable Commitments Variable Rates
LoansAndLeasesReceivableCommitmentsVariableRates
193767000
CY2020Q4 us-gaap Capital
Capital
410959000
CY2020Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
12.7
CY2020Q4 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
257941000
CY2020Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
8.0
CY2019Q4 mcb Tier One Leverage Minimum For Capital Adequacy Plus Capital Conservation Buffer
TierOneLeverageMinimumForCapitalAdequacyPlusCapitalConservationBuffer
131087000
CY2019Q4 mcb Tier One Leverage Minimum For Capital Adequacy Plus Capital Conservation Buffer To Average Assets Ratio
TierOneLeverageMinimumForCapitalAdequacyPlusCapitalConservationBufferToAverageAssetsRatio
0.040
CY2020 us-gaap Net Income Loss
NetIncomeLoss
39466000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
30134000
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
344000
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
448000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
39122000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29686000
CY2020 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
8293677
CY2019 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
8297478
CY2020 mcb Weighted Average Number Of Shares Participating Securities
WeightedAverageNumberOfSharesParticipatingSecurities
72248
CY2019 mcb Weighted Average Number Of Shares Participating Securities
WeightedAverageNumberOfSharesParticipatingSecurities
123336
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8221429
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8174142
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.76
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.63
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
39122000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
29686000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8221429
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8174142
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8398444
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8339141
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.66
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.56
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
4877000
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
2358000
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
3286000
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-514000
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-746000
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1077000
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1612000
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
-1925000
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
614000
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-1311000
CY2020 mcb Proceeds From Sales And Calls Of Securities
ProceedsFromSalesAndCallsOfSecurities
141400000
CY2019 mcb Proceeds From Sales And Calls Of Securities
ProceedsFromSalesAndCallsOfSecurities
1100000
CY2019 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
3300000
CY2020Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
36862000
CY2020Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
35945000
CY2020Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
34223000
CY2020Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
36067000
CY2020Q4 us-gaap Interest Expense
InterestExpense
3395000
CY2020Q3 us-gaap Interest Expense
InterestExpense
3621000
CY2020Q2 us-gaap Interest Expense
InterestExpense
4062000
CY2020Q1 us-gaap Interest Expense
InterestExpense
7098000
CY2020Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
33467000
CY2020Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
32324000
CY2020Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
30161000
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
28969000
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.28
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
CY2019Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
36466000
CY2019Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
35496000
CY2019Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
30828000
CY2019Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
26990000
CY2019Q4 us-gaap Interest Expense
InterestExpense
8424000
CY2019Q3 us-gaap Interest Expense
InterestExpense
9443000
CY2019Q2 us-gaap Interest Expense
InterestExpense
7891000
CY2019Q4 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2300000
CY2019Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2004000
CY2019Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1950000
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-2031000
CY2020Q4 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1795000
CY2020Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1137000
CY2020Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1766000
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4790000
CY2020Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
31672000
CY2020Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
31187000
CY2020Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
28395000
CY2020Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
24179000
CY2020Q4 us-gaap Noninterest Income
NoninterestIncome
3373000
CY2020Q3 us-gaap Noninterest Income
NoninterestIncome
3637000
CY2020Q2 us-gaap Noninterest Income
NoninterestIncome
5653000
CY2020Q1 us-gaap Noninterest Income
NoninterestIncome
4340000
CY2020Q4 us-gaap Noninterest Expense
NoninterestExpense
17788000
CY2020Q3 us-gaap Noninterest Expense
NoninterestExpense
18930000
CY2020Q2 us-gaap Noninterest Expense
NoninterestExpense
18284000
CY2020Q1 us-gaap Noninterest Expense
NoninterestExpense
19516000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17257000
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15894000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15764000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9003000
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5482000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5111000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4953000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2906000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
11775000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
10783000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
10811000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
6097000
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.42
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.30
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.30
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.39
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.27
CY2019Q1 us-gaap Interest Expense
InterestExpense
6412000
CY2019Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
28042000
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
26053000
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
22937000
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
20578000
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11562000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11254000
CY2019Q2 us-gaap Noninterest Expense
NoninterestExpense
14724000
CY2019Q1 us-gaap Noninterest Expense
NoninterestExpense
12694000
CY2019Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
25742000
CY2019Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
24049000
CY2019Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
20987000
CY2019Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
22609000
CY2019Q4 us-gaap Noninterest Income
NoninterestIncome
2862000
CY2019Q3 us-gaap Noninterest Income
NoninterestIncome
2700000
CY2019Q2 us-gaap Noninterest Income
NoninterestIncome
2674000
CY2019Q1 us-gaap Noninterest Income
NoninterestIncome
2393000
CY2019Q4 us-gaap Noninterest Expense
NoninterestExpense
17042000
CY2019Q3 us-gaap Noninterest Expense
NoninterestExpense
15495000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8937000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
12308000
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3699000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3571000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2880000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3777000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
7863000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
7683000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
6057000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
8531000
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.95
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.03
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.93
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
CY2020 mcb Non Interest Income Other Operating Income1
NonInterestIncomeOtherOperatingIncome1
13669000
CY2019 mcb Non Interest Income Other Operating Income1
NonInterestIncomeOtherOperatingIncome1
10565000

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