MetroCity Bankshares Files 8-K on Financials

Ticker: MCBS · Form: 8-K · Filed: Jul 19, 2024 · CIK: 1747068

Metrocity Bankshares, Inc. 8-K Filing Summary
FieldDetail
CompanyMetrocity Bankshares, Inc. (MCBS)
Form Type8-K
Filed DateJul 19, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: financial-reporting, 8-k, company-filing

Related Tickers: MCBS

TL;DR

MCBS dropped an 8-K on July 19th detailing financial results.

AI Summary

MetroCity Bankshares, Inc. filed an 8-K on July 19, 2024, to report on its results of operations and financial condition. The filing includes financial statements and exhibits related to the company's performance.

Why It Matters

This filing provides investors with crucial updates on MetroCity Bankshares' financial health and operational results, impacting investment decisions.

Risk Assessment

Risk Level: low — This is a routine filing reporting financial information, not indicating any immediate operational or financial distress.

Key Players & Entities

  • MetroCity Bankshares, Inc. (company) — Registrant
  • July 19, 2024 (date) — Date of Report
  • Georgia (location) — State of Incorporation
  • 5114 Buford Highway (address) — Principal Executive Offices
  • Doraville (location) — City of Principal Executive Offices
  • 30340 (zip_code) — Zip Code of Principal Executive Offices
  • 770-455-4989 (phone_number) — Registrant's telephone number

FAQ

What specific financial information is being reported in this 8-K filing?

The filing indicates it pertains to 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits'.

When was this 8-K report filed?

The report was filed on July 19, 2024.

What is the principal business of MetroCity Bankshares, Inc.?

MetroCity Bankshares, Inc. is classified under 'STATE COMMERCIAL BANKS' with SIC code 6022.

Where are MetroCity Bankshares, Inc.'s principal executive offices located?

The principal executive offices are located at 5114 Buford Highway, Doraville, Georgia, 30340.

What is the SEC file number for MetroCity Bankshares, Inc.?

The SEC file number is 001-39068.

Filing Stats: 527 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-07-19 10:45:03

Key Financial Figures

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

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition On July 19, 2024, MetroCity Bankshares, Inc. (the "Company") issued a press release announcing its results of operations and financial condition for the second quarter ended June 30, 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 July 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: July 19, 2024 By: /s/ Lucas Stewart Lucas Stewart Chief Financial Officer

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