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Metro Phoenix Bank, Inc. Announces the Consummation of its Corporate Reorganization into MPB BHC, INC., (Bank Holding Company)


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PHOENIX, May 4, 2021 /PRNewswire/  Metro Phoenix Bank ( Bank ) today announced that its Corporate Reorganization into MPB BHC, INC. (OTCPink: MPHX), became effective on May 3, 2021. The new holding company will replace Metro Phoenix Bank, Inc. as the entity trading on the OTC Pink platform. Existing shares of Metro Phoenix Bank, Inc., will convert into shares of common stock of MPB BHC, INC. on a one-for-one basis. MPB BHC, INC. will retain the ticker symbol MPHX. The Board and the executive officers will continue in their same roles at the new company.
Stephen P. Haggard, Bank President and Chief Executive Officer stated, This represents the next step in our organization s evolution. The bank holding company will provide us with additional strategic flexibility that we did not have previously. By doing so, we will be in a position to act on opportunities sooner than later if they materialize. This is something we have been cons ....

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Metro Phoenix Bank Reports Earnings of $1,587,000, or $0.42 per Diluted Share in 1Q 2021 after additional $250,000 Loan Reserve Build Up; Deposit Growth of 17.95% realized; Asset Quality remains Strong as Non-Performing Asset Ratio is 0.00%

Nick Gonzales Solidifies Role as Lead Officer of Metro Phoenix Bank's Outdoor Media Lending Program


Nick Gonzales Solidifies Role as Lead Officer of Metro Phoenix Bank s Outdoor Media Lending Program
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PHOENIX, Feb. 9, 2021 /PRNewswire/ Metro Phoenix Bank (OTCPink: MPHX)( Bank ) announced Mr. Gonzales will be the lead officer and responsible for business development of its national outdoor media lending program. Mr. Gonzales tenure with Metro Phoenix Bank (MPB) spans a decade and has provided him a well-rounded understanding of commercial and community banking. His experience as an underwriter in MPB s Outdoor Media Lending program provided firsthand knowledge of the industry s nuances and valuable insight into the needs of borrowers. Mr. Gonzales commented, Aside from financial fundamentals, I learned that the most important quality of a community banker is to establish clear communication and trust by always delivering on expectations. ....

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