MetroCity Bankshares, Inc. (MCBS)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenue from contract with customer-Other Service Charges Commissions And Fees | 1,620 | - | - | - |
| Revenue from contract with customer-Deposit Account | 505 | - | - | - |
| Other income | 963 | 772 | 907 | 610 |
| Gain on sale of residential mortgage loans | 579 | 399 | 526 | 1,177 |
| Sba servicing income, net | 642 | 913 | 1,231 | 560 |
| Gain on sale of sba loans | 643 | 658 | 1,083 | - |
| Mortgage servicing income, net | 781 | 618 | 422 | 1,107 |
| Revenue from contract with customer | - | 2,096 | 2,446 | 2,105 |
| Total noninterest income | 5,733 | 5,456 | 6,615 | 5,559 |
| Other expenses | 3,701 | 3,377 | 3,262 | 3,140 |
| Salaries and employee benefits | 8,554 | 8,493 | 8,512 | 8,048 |
| Data processing | 329 | 345 | 311 | 353 |
| Advertising | 149 | 167 | 145 | 157 |
| Occupancy and equipment | 1,380 | 1,417 | 1,430 | 1,334 |
| Total noninterest expense | 14,113 | 13,799 | 13,660 | 13,032 |
| Provision for unfunded commitments | -87 | 118 | -71 | -23 |
| Provision for loan losses | 216 | 17 | 653 | -105 |
| Provision for credit losses | 129 | 135 | 582 | -128 |
| Interest expense, customer deposits | - | - | - | 19,735 |
| Interest expense | - | - | - | 23,396 |
| Other investment income | 2,970 | 2,126 | 3,417 | 3,547 |
| Federal funds sold | 143 | 140 | 80 | 34 |
| Loans, including fees | 50,936 | 50,253 | 50,336 | 50,527 |
| Total interest income | 54,049 | 52,519 | 53,833 | 54,108 |
| Fhlb advances and other borrowings | 4,375 | 3,988 | 3,942 | 3,661 |
| Deposits | 17,496 | 17,977 | 19,602 | - |
| Total interest expense | 21,871 | 21,965 | 23,544 | - |
| Net interest income | 32,178 | 30,554 | 30,289 | 30,712 |
| Net interest income after provision for credit losses | 32,049 | 30,419 | 29,707 | 30,840 |
| Income before provision for income taxes | 23,669 | 22,076 | 22,662 | 23,367 |
| Provision for income taxes | 6,843 | 5,779 | 5,961 | 6,430 |
| Net income available to common shareholders | 16,826 | 16,297 | 16,701 | 16,937 |
| Earnings per share, basic | 0.66 | 0.64 | 0.66 | 0.67 |
| Earnings per share, diluted | 0.65 | 0.63 | 0.65 | 0.66 |
| Weighted average number of shares outstanding, basic | 25,445,024 | 25,402,782 | 25,331,916 | 25,245,842 |
| Weighted average number of shares outstanding, diluted | 25,715,206 | 25,707,989 | 25,674,858 | 25,568,533 |