| Schedule of requirements for minimum capital adequacy and classification |
Actual and required capital amounts and ratios are presented below at year end (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | To be Well Capitalized | | | | | | | | For Capital Adequacy | | under Prompt Corrective | | | Actual | | Purposes | | Action Regulations | | | Amount | | Ratio | | Amount | | Ratio | | Amount | | Ratio | | At December 31, 2021 | | | | | | | | | | | | | | | | Total capital (to risk-weighted assets) | | | | | | | | | | | | | | | | Metropolitan Bank Holding Corp. | $ | 635,002 | | 16.1 | % | $ | 315,815 | ≥ | 8.0 | % | $ | N/A | ≥ | N/A | | Metropolitan Commercial Bank | $ | 601,740 | | 15.2 | % | $ | 315,702 | ≥ | 8.0 | % | $ | 394,628 | ≥ | 10.0% | | Tier 1 common equity (to risk-weighted assets) | | | | | | | | | | | | | | | | Metropolitan Bank Holding Corp. | $ | 554,760 | | 14.1 | % | $ | 177,646 | ≥ | 4.5 | % | $ | N/A | ≥ | N/A | | Metropolitan Commercial Bank | $ | 566,835 | | 14.4 | % | $ | 177,582 | ≥ | 4.5 | % | $ | 256,508 | ≥ | 6.5% | | Tier 1 capital (to risk-weighted assets) | | | | | | | | | | | | | | | | Metropolitan Bank Holding Corp. | $ | 575,380 | | 14.6 | % | $ | 236,861 | ≥ | 6.0 | % | $ | N/A | ≥ | N/A | | Metropolitan Commercial Bank | $ | 566,835 | | 14.4 | % | $ | 236,777 | ≥ | 6.0 | % | $ | 315,702 | ≥ | 8.0% | | Tier 1 capital (to average assets) | | | | | | | | | | | | | | | | Metropolitan Bank Holding Corp. | $ | 575,380 | | 8.5 | % | $ | 270,863 | ≥ | 4.0 | % | $ | N/A | ≥ | N/A | | Metropolitan Commercial Bank | $ | 566,835 | | 8.4 | % | $ | 270,800 | ≥ | 4.0 | % | $ | 338,499 | ≥ | 5.0% | | | | | | | | | | | | | | | | | | At December 31, 2020 | | | | | | | | | | | | | | | | Total capital (to risk-weighted assets) | | | | | | | | | | | | | | | | Metropolitan Bank Holding Corp. | $ | 410,959 | | 12.7 | % | $ | 257,941 | ≥ | 8.0 | % | $ | N/A | ≥ | N/A | | Metropolitan Commercial Bank | $ | 410,295 | | 12.7 | % | $ | 257,827 | ≥ | 8.0 | % | $ | 322,284 | ≥ | 10.0% | | Tier 1 common equity (to risk-weighted assets) | | | | | | | | | | | | | | | | Metropolitan Bank Holding Corp. | $ | 324,592 | | 10.1 | % | $ | 145,092 | ≥ | 4.5 | % | $ | N/A | ≥ | N/A | | Metropolitan Commercial Bank | $ | 374,712 | | 11.6 | % | $ | 145,028 | ≥ | 4.5 | % | $ | 209,485 | ≥ | 6.5% | | Tier 1 capital (to risk-weighted assets) | | | | | | | | | | | | | | | | Metropolitan Bank Holding Corp. | $ | 350,714 | | 10.9 | % | $ | 193,456 | ≥ | 6.0 | % | $ | N/A | ≥ | N/A | | Metropolitan Commercial Bank | $ | 374,712 | | 11.6 | % | $ | 193,370 | ≥ | 6.0 | % | $ | 257,827 | ≥ | 8.0% | | Tier 1 capital (to average assets) | | | | | | | | | | | | | | | | Metropolitan Bank Holding Corp. | $ | 350,714 | | 8.5 | % | $ | 165,767 | ≥ | 4.0 | % | $ | N/A | ≥ | N/A | | Metropolitan Commercial Bank | $ | 374,712 | | 9.0 | % | $ | 165,704 | ≥ | 4.0 | % | $ | 207,130 | ≥ | 5.0% | |
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