{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-048536","form_type":"8-K","ticker":"MCBS","cik":"0001747068","company_name":"MetroCity Bankshares, Inc.","filed_at":"2026-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.844625+00:00","generated_at":"2026-05-15T04:13:04.582582+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"MetroCity Bankshares Q1 net income $22.3M ($0.77 EPS), up 37% YoY","bullets":["Net income of $22.3M ($0.77 diluted EPS) vs $18.3M ($0.68) in Q4 2025 and $16.3M ($0.63) in Q1 2025.","Net interest margin expanded to 4.08% from 3.73% in Q4 2025 and 3.67% in Q1 2025.","Annualized ROAA of 1.96%; ROAE of 18.28%; adjusted ROAE (non-GAAP) of 19.36%.","Efficiency ratio improved to 42.16% (operating efficiency 38.87%) vs 46.71% in Q4 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-048536","json":"https://secwatch.observer/filing/0001104659-26-048536.json","markdown":"https://secwatch.observer/filing/0001104659-26-048536.md","text":"https://secwatch.observer/filing/0001104659-26-048536.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747068/000110465926048536/0001104659-26-048536-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747068/000110465926048536/mcbs-20260424x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:13:04.582582+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d38213e9fb3c7b6225bd3df7533145e74f27a00a","claim":"MetroCity Bankshares, Inc. reported the first quarter of 2026 results: net income $22.3 million, EPS $0.77 per diluted share.","evidence_excerpt":"MetroCity Bankshares, Inc. (“MetroCity” or the “Company”) (NASDAQ: MCBS), holding company for Metro City Bank (the “Bank”), today reported net income of $22.3 million, or $0.77 per diluted share, for the first quarter of 2026, compared to $18.3 million, or $0.68 per diluted share, for the fourth quarter of 2025, and $16.3 million, or $0.63 per diluted share, for the first quarter of 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747068/000110465926048536/0001104659-26-048536-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2026"},{"label":"Net income","value":"$22.3 million"},{"label":"EPS","value":"$0.77 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}