US Metro Bank Announces Fourth Quarter and Full Year 2019 Financial Results 36% Annual Increase in Loans 43% Annual Increase in Deposits 30% Annual Increase in Earnings

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Garden Grove, California: January 27, 2020: US Metro Bank (OTC Pink: USMT) Mr. Dong Il Kim, President and CEO, announced the bank’s financial results for the full year 2019, reporting year over year loan growth of $104.1 million or 36%. Earnings per share (EPS) of $0.32 per share on 16,230,000 shares for the full year ended December 31, 2019 compares to EPS of $0.25 per share on 16,230,000 shares for the same time period in 2018. Deposits grew $144.4 million or 43% over December 2018. Full year earnings in 2019 were $5,239,000 an increase of $1,205,000 over the $4,034,000 earned in 2018, an annual increase of 30%. The opening of the Bank’s Fullerton Branch in early December 2018 accounted for $56.7 million of the total deposit growth while the opening of the new Torrance Branch in December 2019, accounted for $26.7 million of the $144.4 million in annual deposit growth for the Bank. The 36% loan growth from a year earlier helped the Net Interest Income increase $4.0 million or 28% for the full year. SBA premium income of $3.1 million decreased slightly from the $3.2 million recorded in 2018. Net income of $1,645,000 for the three months ending December 31, 2019 compares to $1,543,000 reported for the same three months ending September 30, 2019, a quarterly increase of $102,000 or 7%. Earnings per share (EPS) of $0.101 per share on 16,230,000 shares for the quarter ended December 31, 2019 compares to EPS of $0.095 per share on 16,230,000 shares for quarter ended September 30, 2019.

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