- MetroCity Bankshares, Inc. reported **net income of $17.3 million**, or **$0.67 per diluted share**, for the third quarter of 2025.  **[1747068_0001747068-25-000058_mcbs-20251017xex99d1.htm:1]** 
- For the nine months ended September 30, 2025, net income was **$50.4 million**, or **$1.96 per diluted share**.  **[1747068_0001747068-25-000058_mcbs-20251017xex99d1.htm:1]** 
- Key performance metrics for Q3 2025 included an annualized return on average assets of **1.89%**, an annualized return on average equity of **15.69%**, an efficiency ratio of **38.7%**, and a net interest margin of **3.68%**.  **[1747068_0001747068-25-000058_mcbs-20251017xex99d1.htm:1]** 
- All required regulatory approvals for the merger with First IC Corporation and First IC Bank were received on **July 15, 2025**, with the merger expected to be completed later in the **fourth quarter of 2025**.  **[1747068_0001747068-25-000058_mcbs-20251017xex99d1.htm:1]** 
- Total loans, including loans held for sale, increased by **$71.6 million** to **$3.20 billion** from the second quarter of 2025, primarily due to a **$232.7 million** increase in loans held for sale to provide liquidity for the upcoming merger.  **[1747068_0001747068-25-000058_mcbs-20251017xex99d1.htm:1]** **[1747068_0001747068-25-000058_mcbs-20251017xex99d1.htm:5]**

MetroCity Bankshares, Inc. Reports Q3 2025 Earnings and Merger Update

- MetroCity Bankshares, Inc. reported **net income of $17.3 million**, or **$0.67 per diluted share**, for the third quarter of 2025, an increase from $16.8 million, or $0.65 per diluted share, in the second quarter of 2025.  **[1747068_20251017CL00397:0]** 
- Key performance indicators for Q3 2025 included an **annualized return on average assets of 1.89%**, a **net interest margin of 3.68%**, and an **efficiency ratio of 38.7%**.  **[1747068_20251017CL00397:0]** 
- Total loans, including loans held for sale, increased by **$71.6 million** to **$3.20 billion** from the second quarter of 2025, and total assets reached **$3.63 billion** as of September 30, 2025.  **[1747068_20251017CL00397:0]** **[1747068_20251017CL00397:3]** 
- The company announced that all required regulatory approvals and shareholder approval for its merger with First IC Corporation and First IC Bank were received on **July 15, 2025**, with the merger anticipated to be completed in the **fourth quarter of 2025**.  **[1747068_20251017CL00397:0]**

MetroCity Bankshares (MCBS)