{"schema_version":"secwatch.filing_event.v1","accession":"0001747068-24-000070","form_type":"8-K","ticker":"MCBS","cik":"0001747068","company_name":"MetroCity Bankshares, Inc.","filed_at":"2024-10-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.447531+00:00","generated_at":"2026-05-30T12:47:54.913620+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"MetroCity Q3 net income $16.7M ($0.65 EPS), NIM expands YoY but contracts QoQ","bullets":["Q3 2024 net income $16.7M ($0.65 diluted EPS) vs $16.9M ($0.66) in Q2 and $11.4M ($0.45) in Q3 2023.","Net interest margin 3.58%, down 8 bps QoQ but up 64 bps YoY; efficiency ratio improved to 37.0%.","Noninterest income $6.6M, up 19% QoQ driven by $28.9M SBA loan sales (6.67% premium).","Loans held for investment $3.09B, flat QoQ; deposits down 0.8%; nonperforming assets 0.44% of total assets.","Allowance for credit losses 0.60% of loans; net charge-offs near zero."],"urls":{"canonical":"https://secwatch.observer/filing/0001747068-24-000070","json":"https://secwatch.observer/filing/0001747068-24-000070.json","markdown":"https://secwatch.observer/filing/0001747068-24-000070.md","text":"https://secwatch.observer/filing/0001747068-24-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747068/000174706824000070/0001747068-24-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747068/000174706824000070/mcbs-20241018x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T12:47:54.913620+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"}