{"schema_version":"secwatch.filing_event.v1","accession":"0001747068-23-000027","form_type":"8-K","ticker":"MCBS","cik":"0001747068","company_name":"MetroCity Bankshares, Inc.","filed_at":"2023-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.362021+00:00","generated_at":"2026-06-16T21:28:57.146123+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MetroCity Q1 net income $15.7M ($0.62 EPS) up 54% QoQ but down 19% YoY; NIM 3.30%","bullets":["Net income $15.7M, diluted EPS $0.62, up 54% from Q4 2022 but down 19% YoY.","Net interest margin compressed to 3.30% from 3.58% QoQ and 4.16% YoY due to higher deposit costs.","Loans held for investment $3.01B, down 1.4% QoQ; deposits $2.64B, down 0.9% QoQ.","Adopted CECL on Jan 1, 2023, increasing allowance by $5.1M and reducing retained earnings $3.9M after-tax.","Nonperforming assets fell to $19.5M (0.57% of assets) from $24.5M; allowance/loans ratio at 0.63%."],"urls":{"canonical":"https://secwatch.observer/filing/0001747068-23-000027","json":"https://secwatch.observer/filing/0001747068-23-000027.json","markdown":"https://secwatch.observer/filing/0001747068-23-000027.md","text":"https://secwatch.observer/filing/0001747068-23-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747068/000174706823000027/0001747068-23-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747068/000174706823000027/mcbs-20230421x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:28:57.146123+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}