US Metro Bank Announces Third Quarter 2019 Financial Results 46% Annual Increase in Loans 40% Annual Increase in Deposits

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Garden Grove, California: October 24, 2019: US Metro Bank (OTC Pink: USMT) Mr. Dong Il Kim, President and CEO, announced the bank’s financial results for the third quarter 2019, reporting year over year loan growth of $119.8 million or 46%. Deposits grew $126.5 million or 40% over the third quarter last year. The opening of the Bank’s Fullerton Branch in early December 2018 accounted for $74.3 million of the total deposit growth. The 46% loan growth from a year earlier helped the Net Interest Income increase $1.1 million or 29% for the third quarter compared to the third quarter a year earlier. SBA premium income recorded an increase over the same third quarter of last year increasing $569 thousand or 90% on higher SBA origination volumes during the third quarter 2019 compared to the third quarter a year earlier. Net income of $1,543,000 for the three months ending September 30, 2019 compares to $971,000 reported for the same three months in 2018, a year over year increase of $572 thousand or 59%. Earnings per share (EPS) of $0.10 per share on 16,230,000 shares for the quarter ended September 30, 2019 compares to EPS of $0.06 per share on 16,230,000 shares for the same time period in 2018.