| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 213,941 | 273,596 | ||
| Federal funds sold | 13,217 | 12,415 | ||
| Cash and cash equivalents | 227,158 | 286,011 | ||
| Equity securities | 18,605 | 18,481 | ||
| Securities available for sale | 15,365 | 15,030 | ||
| Loans held for sale | 231,259 | 4,988 | ||
| Construction And Development | 32,415 | - | ||
| Commercial Real Estate | 814,464 | - | ||
| Commercial And Industrial | 69,430 | - | ||
| Residential Real Estate | 2,057,281 | - | ||
| Consumer And Other Financing Receivables | 325 | - | ||
| Total loans receivable | 2,973,915 | - | ||
| Unearned income | 7,056 | - | ||
| Allowance for loan losses | 17,940 | - | ||
| Loans, less allowance for credit losses of 17,940 and 18,744, respectively | 2,948,919 | 3,102,786 | ||
| Accrued interest receivable | 16,912 | 16,528 | ||
| Federal home loan bank stock | 22,693 | 22,693 | ||
| Premises and equipment, net | 17,836 | 17,872 | ||
| Operating lease right-of-use asset | 7,712 | 8,197 | ||
| Foreclosed real estate, net | 919 | 744 | ||
| Sba and usda servicing asset | 6,988 | 6,823 | ||
| Mortgage servicing asset, net | 1,662 | 1,676 | ||
| Bank owned life insurance | 75,148 | 74,520 | ||
| Interest rate derivatives | 9,435 | 12,656 | ||
| Other assets | 28,852 | 26,683 | ||
| Total assets | 3,629,463 | 3,615,688 | ||
| Non-interest-bearing demand | 544,439 | 548,906 | ||
| Interest-bearing | 2,148,645 | 2,140,587 | ||
| Total deposits | 2,693,084 | 2,689,493 | ||
| Federal home loan bank advances | 425,000 | 425,000 | ||
| Operating lease liability | 7,704 | 8,222 | ||
| Accrued interest payable | 3,567 | 3,438 | ||
| Other liabilities | 54,220 | 53,435 | ||
| Total liabilities | 3,183,575 | 3,179,588 | ||
| Common stock, 0.01 par value, 40,000,000 shares authorized, 25,537,746 and 25,402,782 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 255 | 255 | ||
| Additional paid-in capital | 51,151 | 50,212 | ||
| Retained earnings | 390,971 | 380,046 | ||
| Accumulated other comprehensive income | 3,511 | 5,587 | ||
| Total shareholders' equity | 445,888 | 436,100 | ||
| Total liabilities and shareholders' equity | 3,629,463 | 3,615,688 | ||
MetroCity Bankshares, Inc. (MCBS)
MetroCity Bankshares, Inc. (MCBS)