Name | Value |
---|---|
Revenues | 55.4M |
Cost of Revenue | 0.0M |
Gross Profit | 55.4M |
Operating Expense | 3.6M |
Operating I/L | 16.1M |
Other Income/Expense | 0.0M |
Interest Income | 50.7M |
Pretax | 16.1M |
Income Tax Expense | 4.8M |
Net Income/Loss | 11.3M |
MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank, offering a range of banking products and services. It provides consumer and commercial checking accounts, savings accounts, certificates of deposits, money transfers, and various loans including construction, real estate, and small business administration loans. Additionally, the company offers online banking, treasury management, wire transfer, automated clearing house, and cash management services. With 19 full-service branch locations across several states, MetroCity Bankshares, Inc. serves small to medium-sized businesses, individuals, municipalities, and other entities, generating revenue through interest income, fees, and other banking services.