v3.26.1
Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2025
Metropolitan Commercial Bank 401(k) Plan  
Fair Value Measurement  
Schedule of plan's investment assets at fair value

December 31, 2025

Level 1

Level 2

Level 3

Total

Employer stock fund

$ 797,925

$ -

$ -

$ 797,925

Registered investment companies

41,154,235

-

-

41,154,235

Common collective trust measured at NAV*

924,378

Total at fair value

$ 42,876,538

December 31, 2024

Level 1

Level 2

Level 3

Total

Employer stock fund

$ 528,157

$ -

$ -

$ 528,157

Registered investment companies

31,592,755

-

-

31,592,755

Common collective trust measured at NAV*

1,040,310

Total at fair value

$ 33,161,222

* Certain investments that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value to the amounts presented in the statements of net assets available for benefits.

Fair value of investments in certain entities that calculate NAV per share (or its equivalent) follows:

DOCVARIABLE BP<Current&nbsp;Period&nbsp;Date'Description><Text'CP'1P'yyyy'> 2022

Investment

Fair Value 2025

Fair

Value

2024

Unfunded Commitments

Redemption Frequency

Redemption

Notice Period

Common/collective trust

$

924,378

$

1,040,310

None

Daily

Daily