The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 68,532 |
| Depreciation, amortization and accretion | 3,511 |
| Provision for credit losses | -318 |
| Stock based compensation expense | 2,907 |
| Unrealized (gains) losses recognized on equity securities | 346 |
| (gain) loss on sale of foreclosed real estate | 28 |
| Deferred income tax expense | 643 |
| Gain on sale of residential mortgages | 3,952 |
| Origination of sba loans held for sale | 49,981 |
| Proceeds from sales of sba loans held for sale | 53,074 |
| Gain on sale of sba loans | 2,322 |
| Increase in cash value of bank owned life insurance | 2,501 |
| Increase in accrued interest receivable | 1,684 |
| Decrease (increase) in sba and usda servicing rights | -524 |
| (increase) decrease in mortgage servicing rights | -251 |
| (increase) decrease in state tax credits | -9,102 |
| (increase) decrease in other assets | 1,369 |
| (decrease) increase in accrued interest payable | -1,065 |
| (decrease) increase in other liabilities | -18,570 |
| Net cash flow provided by operating activities | 37,702 |
| Purchases of equity securities | 8,000 |
| Proceeds from maturities, calls or paydowns of securities available for sale | 2,643 |
| Purchase of federal home loan bank stock | 2,442 |
| Proceeds from sales of residential real estate loans | 314,114 |
| Increase in loans, net | 190,408 |
| Purchases of premises and equipment | 674 |
| Proceeds from sales of foreclosed real estate owned | 2,446 |
| Net cash acquired in first ic acquisition | 9,153 |
| Net cash flow provided by (used by) investing activities | 126,832 |
| Premiums paid for interest rate caps | 1,116 |
| (decrease) increase in deposits, net | -51,773 |
| Proceeds from federal home loan bank advances | 100,000 |
| Repayments of federal home loan bank advances | 50,000 |
| Repurchase of common stock | 2,727 |
| Stock issuance costs | 272 |
| Dividends paid on common stock | 24,845 |
| Net cash flow (used by) provided by financing activities | -30,733 |
| Net change in cash and cash equivalents | 133,801 |
| Cash and cash equivalents at beginning of period | 249,875 |
| Cash and cash equivalents at end of period | 383,676 |
MetroCity Bankshares, Inc. (MCBS)
MetroCity Bankshares, Inc. (MCBS)