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US Metro Bank Announces First Quarter 2019 Financial Results 41% ANNUAL INCREASE IN DEPOSITS 25% ANNUAL INCREASE IN LOANS

April 30, 2019 | News

Garden Grove, California:  April 30, 2019:  US Metro Bank (OTC Pink:  USMT) Mr. Dong Il Kim, President and CEO, announced the bank's financial results for the first quarter 2019,  reporting year over year deposit growth of $112.0 million or 41%.   The opening of the Bank’s Fullerton Branch in early December 2018 accounted for $43.5 million of the total deposit growth.  Loans grew 25% from a year earlier helping the Net Interest Income increase $1.1 million or 37% for the first quarter.  Net SBA premium income recorded a significant decrease over the same first quarter of last year declining $726 thousand or 56% on lower SBA origination volumes during the first quarter 2019.  The resulting net income of $931,000 for the three months ending March 31, 2019 compares to $1,193,000 reported for the same three months in 2018, a year over year decrease of $262 thousand or 22%.  Earnings per share (EPS) of $0.06 per share on 16,230,000 shares for the quarter ended March 31, 2019 compares to EPS of $0.07 per share on 16,230,000 shares for the same time period in 2018.

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US Metro Bank Announces Fourth Quarter 2018 Financial Results 24% ANNUAL INCREASE IN DEPOSITS 33% ANNUAL INCREASE IN LOANS

January 30, 2019 | News

Garden Grove, California:  January 30, 2019:  US Metro Bank (OTC Pink:  USMT) Mr. Dong Il Kim, President and CEO, announced the bank's financial results for the fourth quarter 2018, reporting net income of $829,000 for the three months ending December 31, 2018 compared to $480,000 reported for the same three months in 2017, an year over year increase of 73%. Earnings per share (EPS) of $0.05 per share on 16,230,000 shares for the quarter ended December 31, 2018 compares to EPS of $0.03 per share on 16,230,000 shares for the same time period in 2017. The 2018 earnings reflect the lower federal tax rate, effective January 1, 2018.

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US Metro Bank Announces Third Quarter 2018 Financial Results 36% ANNUAL INCREASE IN DEPOSITS 32% ANNUAL INCREASE IN ASSETS

October 29, 2018 | News

Garden Grove, California:  October 29, 2018:  US Metro Bank (OTC Pink:  USMT) Mr. Dong Il Kim, President and CEO, announced the bank’s financial results for the third quarter 2018, reporting net income of $970,000 for the three months ending September 30, 2018 compared to $822,000 reported for the same three months in 2017, an year over year increase of 18%. Earnings per share (EPS) of $0.06 per share on 16,230,000 shares for the quarter ended September 30, 2018 compares to EPS of $0.05 per share on 16,130,000 shares for the same time period in 2017. The 2018 earnings reflect the lower federal tax rate, effective January 1, 2018.

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US Metro Bank Announces Second Quarter 2018 Financial Results 32% ANNUAL INCREASE IN ASSETS

July 30, 2018 | News

Garden Grove, California:  July 30, 2018:  US Metro Bank (OTC Pink:  USMT) Mr. Dong Il Kim, President and CEO, announced the bank’s financial results for the second quarter 2018, reporting net income of $860,000 for the three months ending June 30, 2018 compared to $1,130,000 reported for the same three months in 2017.  Earnings per share (EPS) of $0.05 per share on 16,230,000 shares for the quarter ended June 30, 2018 compares to EPS of $0.07 per share on 16,130,000 shares for the same time period in 2017.  The second quarter earnings were impacted with one-time expenses associated with the acquisition of the location for a new branch to be opened in the Buena Park/Fullerton California area.  The 2018 earnings reflect the lower federal tax rate, effective January 1, 2018.

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