{"schema_version":"secwatch.filing_event.v1","accession":"0001747068-24-000046","form_type":"8-K","ticker":"MCBS","cik":"0001747068","company_name":"MetroCity Bankshares, Inc.","filed_at":"2024-07-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.394659+00:00","generated_at":"2026-05-31T19:07:51.810407+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"MetroCity Q2 net income $16.9M, EPS $0.66; NIM expands 42 bps to 3.66%","bullets":["Net income $16.9M ($0.66 diluted EPS) vs Q1 2024 $14.6M ($0.57) and Q2 2023 $13.1M ($0.51).","Net interest margin 3.66%, up 42 bps from prior quarter; efficiency ratio improved to 35.9%.","Loans held for investment $3.09B (-0.8% QoQ); total deposits $2.75B (-2.4% QoQ).","Nonperforming assets $27.0M (0.75% of assets) vs $30.3M (0.83%) at March 31, 2024.","Credit provision of $128K recovery in Q2; allowance for credit losses stable at 0.58% of loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001747068-24-000046","json":"https://secwatch.observer/filing/0001747068-24-000046.json","markdown":"https://secwatch.observer/filing/0001747068-24-000046.md","text":"https://secwatch.observer/filing/0001747068-24-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747068/000174706824000046/0001747068-24-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747068/000174706824000046/mcbs-20240719x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T19:07:51.810407+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"}