MetroCity Bankshares (MCBS), holding company for Metro City Bank, reported net income of $16.3M, or 63c per diluted share, for the first quarter of 2025, compared to $16.2M, or 63c per diluted share, for the fourth quarter of 2024, and $14.6M, or 57c per diluted share, for the first quarter of 2024. Efficiency ratio of 38.3%, compared to 40.5% for the fourth quarter of 2024 and 37.9% for the first quarter of 2024. Net interest margin was 3.67%, compared to 3.57% for the fourth quarter of 2024 and 3.24% for the first quarter of 2024. Commercial real estate loans increased by $30.1M, or 4.0%, to $792.1M from the previous quarter.
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