Source-grounded facts extracted from MetroCity Bankshares, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
MetroCity Bankshares, Inc. shareholders approved Ratification of Crowe LLP as independent registered public accounting firm for the year ended December 31, 2026 at the 2026-05-21 meeting.
“Proposal 2 – Ratification of Auditors: To ratify the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2026.”
MetroCity Bankshares, Inc. shareholders approved Election of four (4) incumbent Class II directors and one (1) new Class I director at the 2026-05-21 meeting.
“Proposal 1 – Election of Directors: To elect four (4) incumbent Class II directors named in the proxy statement to serve until the 2029 Annual Meeting of Shareholders and one (1) new Class I director named in the proxy statement to serve until the 2028 Annual Meeting of Shareholders to align with the other Class I directors, in each case until their successors have been duly elected and qualified.”
MetroCity Bankshares, Inc. reported the first quarter of 2026 results: net income $22.3 million, EPS $0.77 per diluted share.
“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.”
MetroCity Bankshares, Inc. completed an acquisition involving First IC Corporation for 0.3729 shares of Metro City's common stock and $12.20 in cash, with cash also to be paid in lieu of fractional shares. Total merger consideration payable to equ (closed 2025-12-01).
“with and into Metro City, with Metro City as the surviving corporation (the “Merger”), and each share of First IC common stock outstanding was converted into the right to receive 0.3729 shares of Metro City's common stock and $12.20 in cash, with cash also to be paid in lieu of fractional shares. Total merger consideration payable to equity-holders consisted of”
MetroCity Bankshares, Inc. completed an acquisition involving First IC Corporation for 0.3729 shares of MCBS common stock and $12.19 in cash (closed 2025-12-01).
“Reorganization Agreement, each share of FIEB common stock held immediately prior to the effective time of the Merger was converted into the right to receive, without interest, 0.3729 shares of MCBS common stock and $12.19 in cash, with cash also to be paid in lieu of fractional shares. The issuance of shares of MCBS common stock in connection with the Merger”
David Shim was appointed as Director at MetroCity Bankshares, Inc..
“On June 18, 2025, upon the recommendation of the Nominating and Governance Committee of the Board of Directors (the “Board”) of MetroCity Bankshares, Inc. (the “Company”), the Board voted to appoint Mr. David Shim to serve as a member of the Boards of Directors (collectively, the “Boards”) of the Company and Metro City Bank, the wholly owned subsidiary of the Company (the “Bank”), effective immediately.”
Sam Sang-Koo Shim resigned as Director at MetroCity Bankshares, Inc..
“On March 19, 2025, Sam Sang-Koo Shim notified MetroCity Bankshares, Inc. (the “Company”) and Metro City Bank, the wholly owned banking subsidiary of the Company (the “Bank”), of his decision to resign as a member of the Board of Directors (the “Board”) of the Company and the Bank, effective as of May 31, 2025.”
John Paek was appointed as Director at MetroCity Bankshares, Inc..
“On September 18, 2024, upon the recommendation of the Nominating and Governance Committee, the Board of Directors (the “Board”) of MetroCity Bankshares, Inc. (the “Company”) appointed Mr. John Paek to serve as a member of the Boards of the Company and Metro City Bank, the wholly owned subsidiary of the Company (the “Bank”), effective immediately.”
MetroCity Bankshares, Inc. shareholders approved Proposal 2 – Ratification of Auditors: To ratify the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2024. at the 2024-05-16 meeting.
“Votes For Votes Against Abstentions Broker Non-Votes 21,196,112 52,219 615 —”
MetroCity Bankshares, Inc. shareholders approved Proposal 1 – Election of Directors: To elect three (3) incumbent Class III directors named in the proxy statement to serve until the 2027 Annual Meeting of Shareholders. at the 2024-05-16 meeting.
“The final results of each of the proposals voted on by the Company’s shareholders are described below: Proposal 1 – Election of Directors: To elect three (3) incumbent Class III directors named in the proxy statement to serve until the 2027 Annual Meeting of Shareholders.”
MetroCity Bankshares, Inc. reported first quarter ended March 31, 2024 results: net income $14.6 million, EPS $0.57 per diluted share.
“On April 19, 2024, MetroCity Bankshares, Inc. (the “Company”) issued a press release announcing its results of operations and financial condition for the first quarter ended March 31, 2024.”
Young Park resigned as member of the Board of Directors at MetroCity Bankshares, Inc..
“On March 7, 2024, Young Park notified MetroCity Bankshares, Inc. (the “Company”) and Metro City Bank, the wholly owned banking subsidiary of the Company (the “Bank”), of his decision to resign as a member of the Board of Directors (the “Board”) of the Company and the Bank, effective as of May 31, 2024.”
MetroCity Bankshares, Inc. reported the fourth quarter and year ended December 31, 2023 results: net income net income of $11.3 million, or $0.44 per diluted share, for the fourth quarter of 2023.
“On January 23, 2024, MetroCity Bankshares, Inc. (the “Company”) issued a press release announcing its results of operations and financial condition for the fourth quarter and year ended December 31, 2023.”
MetroCity Bankshares, Inc. reported the nine months ended September 30, 2023 results: net income net income of $40.3 million, or $1.58 per diluted share, EPS $1.58 per diluted share.
“For the nine months ended September 30, 2023, the Company reported net income of $40.3 million, or $1.58 per diluted share, compared to $52.4 million, or $2.04 per diluted share, for the same period in 2022.”
MetroCity Bankshares, Inc. reported the third quarter ended September 30, 2023 results: net income net income of $11.4 million, or $0.45 per diluted share, EPS $0.45 per diluted share.
“MetroCity Bankshares, Inc. (“MetroCity” or the “Company”) (NASDAQ: MCBS), holding company for Metro City Bank (the “Bank”), today reported net income of $11.4 million, or $0.45 per diluted share, for the third quarter of 2023”
MetroCity Bankshares, Inc. reported the second quarter ended June 30, 2023 results: net income $13.1 million, EPS $0.51 per diluted share.
“MetroCity Bankshares, Inc. (“MetroCity” or the “Company”) (NASDAQ: MCBS), holding company for Metro City Bank (the “Bank”), today reported net income of $13.1 million, or $0.51 per diluted share, for the second quarter of 2023”
MetroCity Bankshares, Inc. shareholders approved To ratify the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023. at the 2023-05-18 meeting.
“Proposal 2 – Ratification of Auditors: To ratify the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023. Votes For Votes Against Abstentions Broker Non-Votes 20,065,155 3,125 35,501 —”
MetroCity Bankshares, Inc. shareholders approved To elect four (4) incumbent Class II directors named in the proxy statement to serve until the 2026 Annual Meeting of Shareholders. at the 2023-05-18 meeting.
“Proposal 1 – Election of Directors: To elect four (4) incumbent Class II directors named in the proxy statement to serve until the 2026 Annual Meeting of Shareholders. Director Votes For Votes Against Abstentions Broker Non-Votes Frank Glover 17,507,384 433,799 3,612 2,158,986 William J. Hungeling 17,769,745 171,656 3,394 2,158,986 Francis Lai 15,129,818 2,811,365 3,612 2,158,986 Nack Y. Paek 17,765,105 179,069 621 2,158,986”
MetroCity Bankshares, Inc. reported the fourth quarter and year ended December 31, 2022 results: net income net income of $13.2 million, or $0.52 per diluted share, for the fourth quarter of 2022.
“On January 23, 2023, MetroCity Bankshares, Inc. (the “Company”) issued a press release announcing its results of operations and financial condition for the fourth quarter and year ended December 31, 2022.”
Frank Glover was appointed as Director at MetroCity Bankshares, Inc..
“the Board of Directors (the “Board”) of MetroCity Bankshares, Inc. (the “Company”) appointed Mr. Frank Glover to serve as a member of the Boards of the Company and Metro City Bank”
Farid Tan changed role as President at MetroCity Bankshares, Inc..
“Mr. Stewart replaces Farid Tan as the Company’s Chief Financial Officer, and Mr. Tan will continue to serve as the Company’s President.”
Lucas Stewart was appointed as Executive Vice President and Chief Financial Officer at MetroCity Bankshares, Inc..
“On October 20, 2021, MetroCity Bankshares, Inc. (the “Company”) announced that its Board of Directors has appointed Lucas Stewart to serve as its Executive Vice President and Chief Financial Officer, effective October 20, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.