MCBS (MetroCity Bankshares) Net Loan : $3,139.2 Mil (As of Dec. 2024)

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What is MetroCity Bankshares Net Loan?

MetroCity Bankshares's quarterly net loan increased from Jun. 2024 ($3,072.5 Mil) to Sep. 2024 ($3,073.8 Mil) and increased from Sep. 2024 ($3,073.8 Mil) to Dec. 2024 ($3,139.2 Mil).

MetroCity Bankshares's annual net loan increased from Dec. 2022 ($3,041.8 Mil) to Dec. 2023 ($3,073.8 Mil) but then declined from Dec. 2023 ($3,073.8 Mil) to Dec. 2024 ($3,139.2 Mil).

MetroCity Bankshares Net Loan Historical Data

The historical data trend for MetroCity Bankshares's Net Loan can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MetroCity Bankshares Net Loan Chart

MetroCity Bankshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Net Loan

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1,620.21

2,488.12

3,041.80

3,146.26

3,139.19

MetroCity Bankshares Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Net Loan	Get a 7-Day Free Trial															3,146.26	3,170.50	3,072.54	3,073.84	3,139.19

MetroCity Bankshares Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

MetroCity Bankshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MetroCity Bankshares Inc (NAS:MCBS) » Definitions » Net Loan

Comparable Companies

Traded in Other Exchanges

N/A

Address

5114 Buford Highway, Doraville, GA, USA, 30340

Website

https://www.metrocitybank.com

MetroCity Bankshares Inc is a holding company of its subsidiary Metro City Bank. It provides commercial banking services such as consumer and commercial checking accounts, savings accounts, certificates of deposits, commercial and consumer loans, money transfers and a variety of other banking services. The banks generate revenue from interest income. Its customers include small business owners, professionals, consumers, and real estate developers.

Executives

Farid Tan	director, officer: President	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Ajit A. Patel	director	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Sam Sang-koo Shim	director	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Don Leung	director	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Nack Y Paek	director, officer: Chief Executive Officer
William J. Hungeling	director	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Howard Hwasaeng Kim	director, officer: Executive Vice President	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Feiying Lu	director	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Frank S. Rhee	director	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Young K. Park	director	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Francis Lai	director	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Frank Glover	director	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Lucas Stewart	officer: Chief Financial Officer	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
William M. Hungeling	director	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340
Samuel Benton Gunter	officer: Executive VP and CAO	C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE GA 30340