MetroCity Bankshares, Inc.

MetroCity Bankshares, Inc. is the bank holding company for Metro City Bank, a Georgia state-chartered commercial bank serving multi-ethnic communities from its Atlanta-area headquarters. It focuses on personalized, culturally competent banking for small and medium-sized businesses and individuals, with a particular emphasis on Asian-American communities in growing metropolitan markets across the Eastern U.S. and Texas.

— MetroCity Bankshares, Inc.
%
Commercial Lending45% Loans to small and medium-sized businesses, including C&I and related commercial credit.
Consumer and Mortgage Lending20% Residential mortgage and consumer loans for individuals and families in its markets.
Deposit Services25% Checking, savings, money market, and time deposit products that fund the balance sheet.
Treasury and Other Banking Services10% Fee-based and ancillary banking services, including cash management and related offerings.

The bank primarily serves small and medium-sized businesses and individual customers in its branch markets, especially...

  • Small and medium-sized businessesprimary

    Borrowers using commercial loans, deposits, and cash management to run and expand local businesses.

  • Asian-American householdsprimary

    Individuals and families buying deposit, mortgage, and consumer products through community branches.

  • First-generation immigrant entrepreneursprimary

    Owners seeking culturally competent banking support to start, grow, and finance businesses.

  • Residential borrowerssecondary

    Customers purchasing homes or refinancing through mortgage products in the bank's markets.

MetroCity Bankshares operates 20 full-service branches across Alabama, Florida, Georgia, New York, New Jersey, Texas,...

  • •Headquartered in the Atlanta metropolitan area
  • •Branches across Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia
  • •Focused on growing metropolitan markets in the Eastern U.S. and Texas
  • •Community presence matters because customers value local, in-language service
  • •Geographic concentration affects credit, deposit, and competition dynamics

The company is focused on deepening its relationship banking model in multi-ethnic communities while maintaining...

01
Grow in targeted community marketsmedium-term

The franchise depends on local trust, language capability, and community relationships to win deposits and loans.

02
Maintain strong liquidity and funding accessshort-term

A bank with concentrated lending needs reliable contingent funding to support deposit outflows and loan growth.

03
Complete the First IC acquisitionshort-term

The merger can broaden the customer base, branch network, and scale in core markets.

MetroCity Bankshares is exposed to credit risk from commercial and real estate lending, especially where borrowers are...

high

Allowance for credit losses may prove insufficient

The reserve depends on borrower ratings, forecasts, historical loss rates, and qualitative judgment.

Scope
Commercial, CRE, and C&I portfolios
Materiality
high
high

Geographic and borrower concentration

The bank serves specific metro communities, so local economic weakness can affect multiple borrowers at once.

Scope
Eastern U.S. and Texas branch markets
Materiality
high
high

Interest-rate and liquidity risk

Funding costs, deposit behavior, and asset yields can move differently as rates change.

Scope
Deposit franchise and loan portfolio
Materiality
high
medium

Acquisition and integration risk

The First IC transaction must close and then be integrated without disrupting customers or credit quality.

Scope
First IC Corporation and First IC Bank merger
Materiality
medium
Allowance for credit losses
Provisioning, earnings, and regulatory capital
Fair value of financial instruments
Securities marks and balance sheet values
Servicing assets
Noninterest income and asset carrying values
Acquisition accounting
Reported assets, equity, and future impairment risk

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: 28/04/2026