The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 17,270 | 33,123 |
| Depreciation, amortization and accretion | 970 | 1,682 |
| Provision for credit losses | -543 | 264 |
| Stock based compensation expense | 939 | 1,028 |
| Unrealized gains recognized on equity securities | 124 | 181 |
| Gain on sale of foreclosed real estate | 0 | 28 |
| Gain on sale of residential real estate loans | 166 | 978 |
| Origination of sba loans held for sale | 11,111 | 28,861 |
| Proceeds from sales of sba loans held for sale | 11,735 | 33,600 |
| Gain on sale of sba loans | 558 | 1,301 |
| Increase in cash value of bank owned life insurance | 628 | 1,235 |
| Increase in accrued interest receivable | 384 | 670 |
| (increase) decrease in sba and usda servicing rights | 165 | -451 |
| Increase in mortgage servicing rights | 14 | -267 |
| Increase in state tax credits | 0 | -11,455 |
| (increase) decrease in other assets | 1,363 | 1,674 |
| Increase (decrease) in accrued interest payable | 129 | -60 |
| Increase (decrease) in other liabilities | 464 | 2,924 |
| Net cash flow provided by operating activities | 16,479 | 26,362 |
| Purchases of equity securities | 0 | 8,000 |
| Proceeds from maturities, calls or paydowns of securities available for sale | 110 | 2,106 |
| Purchase of federal home loan bank stock | 0 | 2,442 |
| Proceeds from sales of residential real estate loans | 18,415 | 95,338 |
| Increase in loans, net | 90,313 | 68,638 |
| Purchases of premises and equipment | 261 | 188 |
| Proceeds from sales of foreclosed real estate owned | 0 | 1,735 |
| Net cash flow (used) provided by investing activities | -72,049 | 19,911 |
| Dividends paid on common stock | 6,874 | 11,685 |
| Repurchases of common stock | 0 | 31 |
| Decrease in deposits, net | 3,591 | -47,305 |
| Premiums paid for interest rate caps | 0 | 1,116 |
| Proceeds from federal home loan bank advances | 0 | 100,000 |
| Repayments of federal home loan bank advances | 0 | 50,000 |
| Net cash flow (used) provided by financing activities | -3,283 | -10,137 |
| Net change in cash and cash equivalents | -58,853 | 36,136 |
| Cash and cash equivalents at beginning of period | 249,875 | - |
| Cash and cash equivalents at end of period | 227,158 | - |
MetroCity Bankshares, Inc. (MCBS)
MetroCity Bankshares, Inc. (MCBS)