MetroCity Bankshares posted Q2 net income of $22.1 million, up 31.5% from a year earlier; diluted EPS rose to $0.76.
Net interest income climbed 37.1% to $44 million, while net interest margin widened 34 basis points to 4.11%.
Provision for credit losses swung to a $792,000 recovery from a $129,000 provision a year earlier.
Noninterest expense increased 41.4% to $20 million, driven by higher personnel, occupancy, and data processing costs, including merger-related expenses.
Total assets fell 5.2% to $4.52 billion from Dec. 31, 2025; deposits declined to $3.49 billion as higher-cost balances were intentionally reduced.
MCBS•
