{"schema_version":"secwatch.filing_event.v1","accession":"0001747068-25-000021","form_type":"8-K","ticker":"MCBS","cik":"0001747068","company_name":"MetroCity Bankshares, Inc.","filed_at":"2025-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.574618+00:00","generated_at":"2026-05-23T11:05:15.137278+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MetroCity Q1 net income $16.3M ($0.63 EPS); acquisition of First IC for $112M cash+stock","bullets":["Net income $16.3M, up 0.4% from Q4 2024 and 11.4% from Q1 2024; Diluted EPS $0.63.","Annualized ROAA 1.85%, NIM 3.67% (up 10bps QoQ), efficiency ratio 38.3%.","Acquisition of First IC Corporation: 3.38M shares + $112M cash, expected close Q4 2025.","First IC had ~$1.2B assets as of 3/31/25; pro forma combined assets ~$4.8B.","Merger-related expenses of $262K in Q1; provision for credit losses $135K."],"urls":{"canonical":"https://secwatch.observer/filing/0001747068-25-000021","json":"https://secwatch.observer/filing/0001747068-25-000021.json","markdown":"https://secwatch.observer/filing/0001747068-25-000021.md","text":"https://secwatch.observer/filing/0001747068-25-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747068/000174706825000021/0001747068-25-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747068/000174706825000021/mcbs-20250418x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T11:05:15.137278+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"}