GARDEN GROVE, Calif.--(BUSINESS WIRE)--January 27, 2026-- 

US Metro Bancorp (OTCQX: USMT): US Metro Bancorp ("Bancorp") is a bank holding company, with a single subsidiary, US Metro Bank ("Bank"). On a consolidated basis, Bancorp earned $2.2 million in the fourth quarter of 2025, compared to $2.9 million in the third quarter of 2025. For the twelve months ending December 31, 2025, the consolidated Bancorp earned $10.2 million compared to $7.1 million for the twelve months ending December 31, 2024. On a year-to-date basis, Bancorp recorded an annualized return on average assets ("ROAA") of 0.68% and an annualized return on average equity ("ROAE") of 9.49%. With 16,621,000 shares outstanding, earnings per share ("EPS") for the fourth quarter of 2025 was $0.14 compared to $0.18 in the third quarter of 2025. For the twelve months ending December 31, 2025, EPS was $0.62 compared to $0.43 for the twelve months ending December 31, 2024. On December 31, 2025, Bancorp's book value per share was $6.73 compared to $6.11 a year earlier.

The Bank recorded on a year-to-date basis net interest income of $45.0 million compared to $36.1 million in the same period a year earlier. Net income of $12.3 million for the twelve months ending December 31, 2025, compares to $8.4 million reported for the same twelve months in 2024, a year over year increase of $3.9 million.

The Bank reported total assets of $1.551 billion as of December 31, 2025, representing an 11.1% increase compared to the reporting period ending December 31, 2024, and year over year loan growth of $101.5 million or 8.6%. Total Bank deposits ended the fourth quarter of 2025 at $1.353 billion, a $124.2 million or 10.1% increase from $1.229 billion on December 31, 2024.

Non-performing assets as a percentage of total assets of 1.56% on December 31, 2025, compared to 0.66% as of December 31, 2024. The Bank had $3.4 million Other Real Estate Owned (OREO) on December 31, 2025. Allowance for credit losses (ACL) to gross loans was 1.24% as of December 31, 2025, compared to 1.20% as of December 31, 2024. The Bank recorded a $3.9 million provision for loan loss expense, for the twelve months ending December 31, 2025, compared to $1.6 million recorded for the twelve months ending December 31, 2024.

"The Bank improved profitability and performance metrics in 2025 while expanding our lending capabilities. We continued the Bank's growth in both loans and deposits and are optimistic about 2026 and the future of US Metro Bank," said CEO Dong Il Kim.

US Metro Bank is a California chartered, full service commercial bank headquartered in Garden Grove, California. The Bank opened for business on September 15, 2006, and offers deposit and loan products (including commercial real estate, commercial and industrial, mortgage, SBA and USDA loans), as well as related banking services to its customers.

This release contains forward-looking statements, including our expectations with respect to future events that are subject to various risks and uncertainties. Factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations include: fluctuation in market rates of interest and loan and deposit pricing, adverse changes in the overall national economy as well as adverse economic conditions in our specific market areas, maintenance and development of well-established and valued client relationships and referral source relationships, and acquisition or loss of key production personnel. Other risks that can affect the Bank are detailed from time to time in our annual reports. We caution readers that the list of factors above is not exclusive. The forward-looking statements are made as of the date of this release, and we may not undertake steps to update the forward-looking statements to reflect the impact of any circumstances or events that arise after the date the forward-looking statements are made. In addition, our past results of operations are not necessarily indicative of future performance.

 
                                      US METRO BANCORP 
                       CONSOLIDATED FINANCIAL HIGHLIGHTS (unaudited) 
                  (All amounts in thousands except per share information) 
                              At or for the Three Months Ended 
-------------------------------------------------------------------------------------------- 
                    12/31/2025        9/30/2025    % Change         12/31/2024    % Change 
-------------  ---------------  ---------------  ------------  ---------------  ------------ 
Net Income     $     2,249      $     2,944        -23.62%     $     1,745         28.85% 
Net Income 
 Per Share 
 (Basic)       $      0.14      $      0.18        -24.04%     $      0.11         28.06% 
ROAA 
 (Annualized)         0.58%            0.78%        -0.20%            0.50%         0.07% 
ROAE 
 (Annualized)         8.13%           10.93%        -2.81%            6.91%         1.21% 
Efficiency 
 Ratio               71.28%           66.22%         5.06%           74.15%        -2.87% 
Assets         $ 1,552,870      $ 1,571,548         -1.19%     $ 1,397,183         11.14% 
Gross Loans    $ 1,277,909      $ 1,269,737          0.64%     $ 1,176,385          8.63% 
Deposits       $ 1,351,533      $ 1,382,998         -2.28%     $ 1,227,177         10.13% 
Non-Interest 
 Bearing 
 Deposits      $   225,956      $   241,209         -6.32%     $   211,060          7.06% 
Common Equity  $   111,928      $   109,391          2.32%     $   101,004         10.82% 
Ending Common 
 Shares O/S     16,621,000       16,531,000        90,000       16,520,000       101,000 
Book Value 
 Per Common 
 Shares        $      6.73      $      6.62      $   0.12      $      6.11      $   0.62 
 
                      At or for the Twelve Months Ended 
------------------------------------------------------------------------------ 
                    12/31/2025       12/31/2024          Y-O-Y Change 
-------------  ---------------  ---------------  ----------------------------- 
Net Income     $    10,233      $     7,138      $  3,095            43.36% 
Net Income 
 Per Share 
 (Basic)       $      0.62      $      0.43      $   0.18            40.47% 
ROAA 
 (Annualized)         0.68%            0.53%         0.15%           28.76% 
ROAE 
 (Annualized)         9.49%            7.24%         2.25%           31.01% 
Efficiency 
 Ratio               68.98%           74.74%        -5.76%           -7.71% 
Assets         $ 1,552,870      $ 1,397,183      $155,687            11.14% 
Gross Loans 
 (Excl. Loans 
 HFS)          $ 1,252,888      $ 1,161,242      $ 91,646             7.89% 
Deposits       $ 1,351,533      $ 1,227,177      $124,356            10.13% 
Non-Interest 
 Bearing 
 Deposits      $   225,956      $   211,060      $ 14,896             7.06% 
Common Equity  $   111,928      $   101,004      $ 10,924            10.82% 
Ending Common 
 Shares O/S     16,621,000       16,520,000       101,000             0.61% 
Book Value 
 Per Common 
 Shares        $      6.73      $      6.11      $   0.62            10.14% 
 
 
                         US METRO BANK (only) 
                   FINANCIAL HIGHLIGHTS (unaudited) 
BALANCE SHEET 
---------------------------------------------------------------------- 
(All amounts in thousands except per share information) 
---------------------------------------------------------------------- 
Assets             12/31/2025      12/31/2024       Y-O-Y Change 
-------------  --------------  --------------  ----------------------- 
Cash and Due 
 From Bank     $   13,714      $   20,275      $ (6,561)     -32.4% 
Investments 
 and Fed 
 Funds Sold    $  235,865      $  178,489        57,376       32.1% 
Gross Loans     1,277,909       1,176,385       101,524        8.6% 
Allowance for 
 Credit 
 Losses           (15,897)        (14,106)       (1,792)      12.7% 
Other Assets       39,237          34,830         4,406       12.7% 
                ---------       ---------       -------      ----- 
Total Assets   $1,550,828      $1,395,874      $154,954       11.1% 
                =========       =========       =======      ===== 
 
Liabilities 
and Capital        12/31/2025      12/31/2024       Y-O-Y Change 
-------------  --------------  --------------  ----------------------- 
Deposits       $1,352,766      $1,228,525      $124,241       10.1% 
Borrowings         25,000          25,000             -          - 
Other 
 Liabilities       16,812          17,893        (1,081)      -6.0% 
Equity            156,250         124,456        31,794       25.5% 
                ---------       ---------       -------      ----- 
Total 
 Liabilities 
 and Capital   $1,550,828      $1,395,874      $154,954       11.1% 
                =========       =========       =======      ===== 
 
STATEMENT OF 
OPERATIONS                       Three Months Ended 
-------------  ------------------------------------------------------- 
Income 
Statement          12/31/2025       9/30/2025       Q-O-Q Change 
-------------  --------------  --------------  ----------------------- 
Interest 
 Income        $   23,002      $   22,995      $      7        0.0% 
Interest 
 Expense           11,068          11,029            39        0.4% 
                ---------       ---------       -------      ----- 
Net Interest 
 Income            11,934          11,966           (32)      -0.3% 
                ---------       ---------       -------      ----- 
Provision for 
 Credit 
 Losses             1,700           1,300           400       30.8% 
Other Income        5,966           4,753         1,213       25.5% 
Operating 
 Expenses          11,886          10,670         1,216       11.4% 
Tax                 1,221           1,403          (182)     -13.0% 
                ---------       ---------       -------      ----- 
Net Income     $    3,093      $    3,346      $   (253)      -7.6% 
                =========       =========       =======      ===== 
 
STATEMENT OF 
OPERATIONS                       Twelve Months Ended 

-------------  ------------------------------------------------------- 
Income 
Statement          12/31/2025      12/31/2024       Y-O-Y Change 
-------------  --------------  --------------  ----------------------- 
Interest 
 Income        $   87,970      $   81,397      $  6,573        8.1% 
Interest 
 Expense           42,923          45,293        (2,370)      -5.2% 
                ---------       ---------       -------      ----- 
Net Interest 
 Income            45,046          36,103         8,943       24.8% 
                ---------       ---------       -------      ----- 
Provision for 
 Credit 
 Losses             3,900           1,600         2,300      143.8% 
Other Income       16,711          12,249         4,462       36.4% 
Operating 
 Expenses          40,471          34,684         5,787       16.7% 
Tax                 5,099           3,634         1,465       40.3% 
                ---------       ---------       -------      ----- 
Net Income     $   12,287      $    8,435      $  3,852       45.7% 
                =========       =========       =======      ===== 
 
Ratios             12/31/2025      12/31/2024  Y-O-Y Change 
-------------  --------------  --------------  ------------ 
Net Loan to 
 Deposits           93.29%          94.61%        -1.32% 
ACL/Gross 
 Loans               1.24%           1.20%         0.04% 
NPAs/Total 
 Assets              1.56%           0.66%         0.91% 
Tier One 
 Leverage 
 Ratio              10.22%           9.37%         0.85% 
YTD ROAA 
 (annualized)        0.83%           0.63%         0.20% 
YTD ROAE 
 (annualized)        8.99%           6.92%         2.07% 
Net Interest 
 Margin 
 (QTD)               3.08%           2.92%         0.16% 
Net Interest 
 Margin 
 (YTD)               3.11%           2.77%         0.34% 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260127156531/en/

 
    CONTACT:    Jeremy Johnson 

(714) 620-8888

(END) Dow Jones Newswires

January 27, 2026 15:25 ET (20:25 GMT)