The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| (gain) loss on sale of foreclosed real estate | - | 0 | 0 | 28 |
| Net income | 22,314 | 18,139 | 17,270 | 33,123 |
| Depreciation, amortization and accretion | 686 | 859 | 970 | 1,682 |
| Provision (recovery) for credit losses | -813 | -39 | -543 | 264 |
| Stock based compensation expense | 426 | 940 | 939 | 1,028 |
| Unrealized gains recognized on equity securities | -82 | 41 | 124 | 181 |
| Deferred income tax expense | - | 643 | - | - |
| Gain on sale of securities | 10 | - | - | - |
| Gain on sale of residential mortgages | - | 2,808 | 166 | 978 |
| Write-down of foreclosed real estate | 30 | - | - | - |
| Origination of sba loans held for sale | 8,947 | 10,009 | 11,111 | 28,861 |
| Proceeds from sales of sba loans held for sale | 19,733 | 7,739 | 11,735 | 33,600 |
| Gain on sale of sba loans | 1,045 | 463 | 558 | 1,301 |
| (increase) decrease in state tax credits | - | 2,353 | 0 | -11,455 |
| Increase in cash value of bank owned life insurance | 638 | 638 | 628 | 1,235 |
| Increase in accrued interest receivable | 1 | 630 | 384 | 670 |
| (increase) decrease in sba and usda servicing rights | 666 | -238 | 165 | -451 |
| (increase) decrease in mortgage servicing rights | 176 | 2 | 14 | -267 |
| (increase) decrease in other assets | -143 | -1,668 | 1,363 | 1,674 |
| Decrease in accrued interest payable | -531 | -1,134 | 129 | -60 |
| Increase (decrease) in other liabilities | 14,871 | -21,958 | 464 | 2,924 |
| Net cash flow provided by operating activities | 45,810 | -5,139 | 16,479 | 26,362 |
| Purchases of premises and equipment | - | 225 | 261 | 188 |
| Proceeds from sales of foreclosed real estate owned | - | 711 | 0 | 1,735 |
| Purchases of equity securities | - | 0 | 0 | 8,000 |
| Proceeds from maturities, calls or paydowns of securities available for sale | 909 | 427 | 110 | 2,106 |
| Proceeds from sales of securities available for sale | 19,328 | - | - | - |
| Purchase of federal home loan bank stock | -4,078 | 0 | 0 | 2,442 |
| Proceeds from sales of residential real estate loans | - | 200,361 | 18,415 | 95,338 |
| Decrease (increase) in loans, net | -49,040 | 31,457 | 90,313 | 68,638 |
| Net cash acquired in first ic acquisition | - | 9,153 | - | - |
| Purchases of premises and equipment | -733 | - | - | - |
| Stock issuance costs | - | 272 | - | - |
| Net cash flow (used) provided by investing activities | 74,088 | 178,970 | -72,049 | 19,911 |
| Proceeds from federal home loan bank advances | - | - | 0 | 100,000 |
| Dividends paid on common stock | 7,203 | 6,286 | 6,874 | 11,685 |
| Premiums paid for interest rate caps | - | 0 | 0 | 1,116 |
| Repurchases of common stock | 4,443 | 2,696 | 0 | 31 |
| (decrease) increase in deposits, net | -19,327 | -8,059 | 3,591 | -47,305 |
| Proceeds from federal home loan bank advances | - | 100,000 | - | - |
| Repayments of federal home loan bank advances | 85,000 | 0 | 0 | 50,000 |
| Net cash flow (used) provided by financing activities | -115,973 | -17,313 | -3,283 | -10,137 |
| Net change in cash and cash equivalents | 3,925 | 156,518 | -58,853 | 36,136 |
| Cash and cash equivalents at beginning of period | 383,676 | 227,158 | 249,875 | - |
| Cash and cash equivalents at end of period | 387,601 | 383,676 | 227,158 | - |
MetroCity Bankshares, Inc. (MCBS)
MetroCity Bankshares, Inc. (MCBS)