← MetroCity Bankshares, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total interest income | $60.5m |
$72.9m
+20.43%
|
$83.2m
+14.18%
|
$77.6m
-6.73%
|
$108.7m
+40.11%
|
$147.2m
+35.39%
|
$192.8m
+30.98%
|
$212.9m
+10.42%
|
$220.8m
+3.72%
|
— | |
| Revenue from contract with customer | — | $11.5m | $11.6m | $9.9m | $16.1m | $11.7m | $7.6m | $8.9m | $9.7m | $180.1m | |
| Total noninterest income | $32.4m | $37.6m | $39.9m | $27.2m | $33.8m | $19.2m | $18.2m | $23.1m | $25.2m | — | |
| Net interest income | $51.9m |
$58.2m
+12.16%
|
$61.0m
+4.76%
|
$66.1m
+8.44%
|
$104.2m
+57.55%
|
$119.6m
+14.82%
|
$101.5m
-15.16%
|
$118.1m
+16.42%
|
$130.4m
+10.41%
|
$156.2m
+19.77%
|
|
| Salaries and employee benefits | $18.0m | $23.6m | $24.9m | $25.5m | $30.1m | $30.5m | $29.3m | $33.2m | $36.7m | — | |
| Total noninterest expense | $31.2m | $38.6m | $40.0m | $41.1m | $48.4m | $50.4m | $47.7m | $53.4m | $63.3m | — | |
| Total interest expense | $8.6m | $14.7m | $22.2m | $11.5m | $4.6m | $27.6m | $91.3m | $94.8m | $90.4m | — | |
| Other investment income | $1.2m | $2.2m | $3.3m | $1.4m | $885k | $4.3m | $10.8m | $11.8m | $10.8m | — | |
| Net interest income after provision for credit losses | $48.8m |
$57.0m
+16.65%
|
$61.0m
+7.04%
|
$62.7m
+2.75%
|
$97.2m
+55.20%
|
$122.4m
+25.85%
|
$101.5m
-17.07%
|
$117.6m
+15.90%
|
$130.8m
+11.17%
|
$156.2m
+19.48%
|
|
| Gain on sale of residential mortgage loans | $3.0m | $5.7m | $9.1m | $2.5m | — | $2.0m | — | $1.9m | $4.0m | — | |
| Gain on sale of SBA loans | $6.3m | $4.6m | $5.4m | $6.5m | $11.0m | $2.1m | $3.3m | $2.9m | $2.3m | — | |
| Other income | $817k | $770k | $778k | $920k | $1.4m | $2.1m | $2.7m | $2.6m | $3.3m | — | |
| Other expenses | $8.8m | $9.5m | $8.7m | $8.9m | $11.6m | $13.3m | $11.7m | $12.7m | $13.9m | — | |
| Income before provision for income taxes | $50.0m | $56.0m | $60.9m | $48.8m | $82.6m | $91.2m | $72.0m | $87.3m | $92.7m | — | |
| Provision for income taxes | $18.2m | $14.7m | $16.1m | $12.4m | $20.9m | $28.6m | $20.4m | $22.8m | $24.2m | — | |
| Net income | $31.9m |
$41.3m
+29.59%
|
$44.7m
+8.19%
|
$36.4m
-18.61%
|
$61.7m
+69.54%
|
$62.6m
+1.46%
|
$51.6m
-17.55%
|
$64.5m
+24.98%
|
$68.5m
+6.24%
|
$79.9m
+16.52%
|
|
| Basic (in dollars per share) | $1.34 | $1.71 | $1.82 | $1.42 | $2.41 | $2.46 | $2.05 | $2.55 | $2.66 | — | |
| Diluted (in dollars per share) | $1.32 | $1.69 | $1.81 | $1.41 | $2.39 | $2.44 | $2.02 | $2.52 | $2.64 | — | |
| Loans, including fees | $59.1m | $70.2m | $79.3m | $75.9m | $107.9m | $142.8m | $181.9m | $200.8m | $209.5m | — | |
| Federal funds sold | $214k | $464k | $581k | $308k | $5k | $75k | $177k | $305k | $559k | — | |
| Deposits | $7.7m | $14.0m | $22.0m | $10.9m | $3.9m | $23.6m | $80.6m | $80.1m | $72.9m | — | |
| FHLB advances and other borrowings | $890k | $664k | $287k | $571k | $624k | $4.1m | $10.7m | $14.7m | $17.5m | — | |
| Provision for loan losses | $3.1m | $1.2m | — | $3.5m | $6.9m | ($2.8m) | ($92k) | $668k | ($336k) | — | |
| Provision for unfunded commitments | — | — | — | — | — | — | $77k | ($152k) | $18k | — | |
| Provision for credit losses | — | — | — | — | $6.9m | ($2.8m) | ($15k) | $516k | ($318k) | — | |
| Mortgage servicing income, net | $8.2m | $12.0m | $9.3m | $1.3m | ($564k) | ($561k) | ($193k) | $2.4m | $2.4m | — | |
| SBA servicing income, net | $4.5m | $3.1m | $3.7m | $6.1m | $5.9m | $1.8m | $4.8m | $4.2m | $3.6m | — | |
| Occupancy and equipment | $3.0m | $4.1m | $4.7m | $5.1m | $5.0m | $4.9m | $4.9m | $5.5m | $5.8m | $7.8m | |
| Data processing | $801k | $842k | $1.0m | $1.1m | $1.1m | $1.1m | $1.2m | $1.3m | $1.5m | — | |
| Advertising | $634k | $613k | $649k | $566k | $541k | $606k | $614k | $634k | $657k | — | |
| Merger-related expenses | — | — | — | — | — | — | — | — | $4.7m | — |