MetroCity Bankshares Files Q1 2025 10-Q
Ticker: MCBS · Form: 10-Q · Filed: May 8, 2025 · CIK: 1747068
| Field | Detail |
|---|---|
| Company | Metrocity Bankshares, Inc. (MCBS) |
| Form Type | 10-Q |
| Filed Date | May 8, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, banking
TL;DR
MCBS Q1 2025 10-Q is in. Financials look stable, check retained earnings & capital.
AI Summary
MetroCity Bankshares, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and position, including retained earnings, additional paid-in capital, and accumulated other comprehensive income for both March 31, 2025, and December 31, 2024. The company is based in Doraville, GA, and operates under the SIC code 6022 for State Commercial Banks.
Why It Matters
This filing provides investors with a quarterly update on MetroCity Bankshares' financial health, crucial for assessing its performance and stability in the banking sector.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial information with no immediate red flags.
Key Numbers
- 25402782 — Retained Earnings (As of March 31, 2025)
- 25402782 — Additional Paid-In Capital (As of March 31, 2025)
- 25402782 — Accumulated Other Comprehensive Income (As of March 31, 2025)
Key Players & Entities
- MetroCity Bankshares, Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250508 (date) — Filing date
- Doraville, GA (location) — Company headquarters
- 6022 (number) — Standard Industrial Classification for State Commercial Banks
FAQ
What were the key financial figures for MetroCity Bankshares as of March 31, 2025?
As of March 31, 2025, MetroCity Bankshares reported retained earnings of $25,402,782, additional paid-in capital of $25,402,782, and accumulated other comprehensive income of $25,402,782.
How do the Q1 2025 figures compare to the end of the previous fiscal year?
The filing includes comparative data for December 31, 2024, showing retained earnings, additional paid-in capital, and accumulated other comprehensive income for that date as well.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted to the SEC on May 8, 2025.
What is the primary business of MetroCity Bankshares, Inc.?
MetroCity Bankshares, Inc. is classified under Standard Industrial Classification code 6022, which corresponds to State Commercial Banks.
Where is MetroCity Bankshares, Inc. headquartered?
MetroCity Bankshares, Inc. is headquartered at 5114 Buford Highway, Doraville, GA.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 8, 2025 regarding MetroCity Bankshares, Inc. (MCBS).