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Loans, including fees
$209,499K
(4.35%↑ Y/Y)
Other investment
income
$10,770K
(-9.02%↓ Y/Y)
Federal funds sold
$559K
(83.28%↑ Y/Y)
Total interest income
$220,828K
(3.72%↑ Y/Y)
Provision for loan losses
-$336K
Net interest income
$130,449K
(10.41%↑ Y/Y)
Provision for credit
losses
-$318K
(-161.63%↓ Y/Y)
Revenue from contract
with customer-Other...
$7,340K
Gain on sale of
residential mortgage loans
$3,952K
(106.48%↑ Y/Y)
Sba servicing
income, net
$3,558K
(-16.14%↓ Y/Y)
Other income
$3,265K
(25.96%↑ Y/Y)
Mortgage servicing
income, net
$2,419K
(-1.18%↓ Y/Y)
Revenue from contract
with...
$2,328K
Gain on sale of sba
loans
$2,322K
(-21.15%↓ Y/Y)
Total interest
expense
$90,379K
(-4.63%↓ Y/Y)
Provision for unfunded
commitments
$18K
Net interest income
after provision for...
$130,767K
(11.17%↑ Y/Y)
Total noninterest
income
$25,184K
(9.20%↑ Y/Y)
Deposits
$72,895K
(-8.95%↓ Y/Y)
Fhlb advances and
other borrowings
$17,484K
(18.88%↑ Y/Y)
Income before
provision for income taxes
$92,694K
(6.16%↑ Y/Y)
Total noninterest
expense
$63,257K
(18.51%↑ Y/Y)
Net income
$68,532K
(6.24%↑ Y/Y)
Provision for income taxes
$24,162K
(5.93%↑ Y/Y)
Salaries and employee
benefits
$36,674K
(10.44%↑ Y/Y)
Other expenses
$13,875K
(9.07%↑ Y/Y)
Occupancy and equipment
$5,788K
(4.78%↑ Y/Y)
Merger-related expenses
$4,729K
Data processing
$1,534K
(18.64%↑ Y/Y)
Advertising
$657K
(3.63%↑ Y/Y)
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Income Statement
source: myfinsight.com
MetroCity Bankshares, Inc. (MCBS)
MetroCity Bankshares, Inc. (MCBS)