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Metropolitan Bank founding director Robert C. Patent dies

Patent served on the Bank’s board from its 1999 inception and held leadership roles, including chairman of its Loan Committee.

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Form Type
8-K

Rhea-AI Filing Summary

Metropolitan Bank Holding Corp. (MCB) reported that its wholly owned subsidiary, Metropolitan Commercial Bank, announced the passing of Robert C. Patent, a founding director of the Bank. Patent served on the Bank’s board from its inception in 1999 until his passing and provided more than 25 years of leadership, guidance and counsel. His board service included chairing the Bank’s Loan Committee.

Patent also served as president of Colby Capital Corporation from 1991 to 2025, was a founder and vice chairman of Cityscape Corporation, and served on the board of New York Federal Savings Bank. The Bank said his experience in real estate investment, finance and banking contributed to its development and growth.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Bank inception and start of board service 1999 Metropolitan Commercial Bank’s inception and the beginning of Patent’s board service
Leadership and counsel More than 25 years Service to Metropolitan Commercial Bank
Colby Capital Corporation presidency 1991 to 2025 Patent served as president
Loan Committee financial
"Chairman of the Bank’s Loan Committee"
1031 exchanges financial
"title and escrow services, 1031 exchanges"
A 1031 exchange is a U.S. tax rule that lets owners of investment or business real estate swap one property for another and defer paying capital gains tax. Think of it like trading cars instead of selling one and buying another: by reinvesting the sale proceeds into a qualifying replacement property within required timelines and rules, an investor keeps more capital working for growth and income while postponing the tax bill.
EB-5 financial solutions financial
"government banking and EB-5 financial solutions"
Investment products, services, or structured deals designed to help foreign nationals put money into projects that qualify under the U.S. EB-5 immigrant investor program, where investment and job creation are linked to visa eligibility. For investors, these solutions matter because they turn immigration-linked requirements into financial structures—often pooled projects or developer loans—so capital return, regulatory compliance, project performance, and timing all affect both immigration outcomes and the chance of getting money back.
merchant acquiring financial
"1031 exchanges and merchant acquiring"
Merchant acquiring is the process by which businesses accept electronic payments from customers, typically through credit or debit cards. It involves a partnership with a financial service provider that handles the technology and security needed to process these transactions. For investors, merchant acquiring is important because it generates steady revenue streams for financial companies and indicates the health of consumer spending activity.

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What role did Robert C. Patent have at Metropolitan Commercial Bank (MCB)?

Robert C. Patent was a founding director of Metropolitan Commercial Bank and served on its board from the Bank’s inception in 1999 until his passing. His board roles included chairman of the Bank’s Loan Committee.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001476034 0001476034 2026-11-09 2026-11-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported): November 9, 2026

 

METROPOLITAN BANK HOLDING CORP.

(Exact Name of Registrant as Specified in Its Charter)

 

New York 001-38282 13-4042724
(State or Other Jurisdiction of Incorporation or Organization) (Commission File No.) (I.R.S. Employer Identification No.)
     
99 Park Avenue, New York, New York   10016
(Address of Principal Executive Offices)   (Zip Code)

 

(212) 659-0600

(Registrant's Telephone Number, Including Area Code)

 

N/A

(Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c)

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.01 per share   MCB   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 7.01 Regulation FD Disclosure

 

On November 9, 2026, Metropolitan Commercial Bank (the “Bank”), a wholly owned subsidiary of Metropolitan Bank Holding Corp. (the “Company”), issued a press release regarding the passing of Robert C. Patent, a founding director of the Bank.

 

A copy of the press release is furnished in this Current Report on 8-K, pursuant to this Item 7.01, as Exhibit 99.1, and is incorporated herein by reference.

 

The information provided under this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), nor shall it be incorporated by reference into a filing under the Securities Act of 1933, amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing. The furnishing of the information under this Item 7.01, including Exhibit 99.1, is not intended to, and does not, constitute a determination or admission by the Company that the information in this report is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company or any of its affiliates.

 

Item 9.01. Financial Statements and Exhibits

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press Release dated November 9, 2026
104   Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

  METROPOLITAN BANK HOLDING CORP.
   
Dated:  November 9, 2026 By:  /s/ Frederik F. Erikson
  Frederik F. Erikson
  Executive Vice President and General Counsel

 

 

 

 

Exhibit 99.1 

 

PRESS RELEASE

 

Metropolitan Commercial Bank Mourns the Passing of Robert C. Patent, Founding Director

 

Founding Board member provided more than 25 years of leadership, guidance and counsel to the Bank.

 

Mr. Patent served on the Board from the Bank's inception in 1999 until his passing. His extensive experience in real estate investment, finance and banking contributed to the Bank's development and growth. He also served in key Board leadership roles, including Chairman of the Bank's Loan Committee.

 

“Bob was much more than a fellow Director. He was there from the beginning, helping us build Metropolitan Commercial Bank into the institution it is today,” said Mark R. DeFazio, Founder, President and CEO of Metropolitan Commercial Bank. “His judgment, experience and unwavering commitment to the Bank were invaluable. But what I will remember most is Bob himself—his integrity, his loyalty, his sense of humor and the friendship we shared over so many years. His loss is deeply personal, and he will be greatly missed.”

 

Beyond his service to MCB, Mr. Patent was an accomplished real estate investor and business leader. He served as President of Colby Capital Corporation from 1991 to 2025, was a Founder and Vice Chairman of Cityscape Corporation, and served on the Board of New York Federal Savings Bank. He graduated from The George Washington University.

 

Mr. Patent was also committed to charitable and community endeavors, including service as President of the Young Men's Division of Albert Einstein College of Medicine.

 

The Board of Directors, management and colleagues of Metropolitan Commercial Bank extend their deepest condolences to his wife, Patricia, their children, grandchildren and the entire Patent family.

 

About Metropolitan Commercial Bank

 

Metropolitan Commercial Bank (“MCB”) is a New York City–based, full-service commercial bank serving businesses, institutions and individuals who value expertise, responsiveness and long-term relationships. Since 1999, MCB has built enduring client relationships, many spanning generations, through personalized, relationship-driven banking.

 

The Bank provides commercial, business and personal banking solutions, with specialized expertise in real estate, property management, legal services, healthcare, government banking and EB-5 financial solutions. Its capabilities also include title and escrow services, 1031 exchanges and merchant acquiring.

 

MCB has earned national recognition for its performance and growth, including Newsweek’s Best Regional Banks in 2024 and 2025 and Business Insider’s America’s High-Growth Companies in 2026.

 

MCB operates full-service banking centers in Manhattan’s Midtown East-Park Avenue, Garment District and Upper East Side neighborhoods; Boro Park, Brooklyn; Great Neck, Long Island; Lakewood, New Jersey; and Miami and West Palm Beach, Florida.

 

Metropolitan Commercial Bank is a New York State–chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. Its parent company is Metropolitan Bank Holding Corp. (NYSE: MCB).

 

For more information, visit MCBankNY.com.

 

Media Contact
212-365-6721
IR@MCBankNY.com

 

 

 

Filing Exhibits & Attachments

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