MetroCity Bankshares Files 8-K on Financials

TL;DR

MCBS filed an 8-K on 4/19 detailing financials. Check it out.

AI Summary

MetroCity Bankshares, Inc. filed an 8-K on April 19, 2024, to report on its financial condition and results of operations. The filing includes financial statements and exhibits related to the period ending April 19, 2024. MetroCity Bankshares, Inc. is a commercial bank incorporated in Georgia.

Why It Matters

This filing provides investors and stakeholders with updated financial information and operational results for MetroCity Bankshares, Inc., crucial for assessing the company's performance and stability.

Risk Assessment

Risk Level: low — This is a routine financial filing (8-K) and does not appear to contain any immediately alarming or significant new risks.

Key Players & Entities

• MetroCity Bankshares, Inc. (company) — Registrant
• Georgia (location) — State of incorporation
• 472528408 (organization_id) — IRS Number
• 001-39068 (organization_id) — SEC File Number
• 5114 Buford Highway (address) — Principal executive offices
• Doraville (location) — City
• 30340 (postal_code) — ZIP Code
• 770-455-4989 (phone_number) — Business phone
• April 19, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share MCBS The Nasdaq Stock Mar

Filing Documents

• mcbs-20240419x8k.htm (8-K) — 38KB
• mcbs-20240419xex99d1.htm (EX-99.1) — 1013KB
• mcbs-20240419xex99d1001.jpg (GRAPHIC) — 7KB
• 0001747068-24-000019.txt ( ) — 1220KB
• mcbs-20240419.xsd (EX-101.SCH) — 3KB
• mcbs-20240419_lab.xml (EX-101.LAB) — 16KB
• mcbs-20240419_pre.xml (EX-101.PRE) — 10KB
• mcbs-20240419x8k_htm.xml (XML) — 5KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition On April 19, 2024, MetroCity Bankshares, Inc. (the "Company") issued a press release announcing its results of operations and financial condition for the first quarter ended March 31, 2024. A copy of the press release covering such announcement is attached hereto as Exhibit 99.1 and incorporated by reference herein. In accordance with General Instruction B.2 of Form 8-K, the information furnished in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing or document.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 MetroCity Bankshares, Inc. Earnings Press Release dated April 19, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. METROCITY BANKSHARES, INC. Date: April 19, 2024 By: /s/ Lucas Stewart Lucas Stewart Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR