Mountain Commerce Bancorp, Inc. (MCBI)

Mountain Commerce Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	83.12	82.57	72.67	52.88	44.25	41.98
Interest Income on Investments	8.65	9.51	9.67	6.27	3.22	2.27
Total Interest Income	91.77	92.09	82.34	59.15	47.47	44.25
Interest Paid on Deposits	53.11	54.93	41.05	8.05	2.42	7.54
Interest Paid on Borrowings	4.64	5.61	8.47	2.61	1.47	1.27
Total Interest Expense	57.76	60.54	49.52	10.66	3.89	8.8
Net Interest Income	34.02	31.55	32.82	48.49	43.58	35.44
Net Interest Income Growth (YoY)	13.97%	-3.88%	-32.32%	11.26%	22.96%	23.63%
Trust Income	0.83	0.81	0.66	0.7	0.64	-
Gain (Loss) on Sale of Assets	0.01	0.03	-0.25	-	-	-
Gain (Loss) on Sale of Investments	-0.16	0.04	-1.55	-1.73	0.08	0.11
Gain (Loss) on Sale of Equity Investments	-	-	-	0.47	-	-
Other Non-Interest Income	0.24	0.3	0.77	0.23	0.21	1.64
Total Non-Interest Income	2.49	2.75	1.2	1.17	2.59	2.38
Non-Interest Income Growth (YoY)	37.09%	129.13%	2.04%	-54.71%	9.04%	-12.97%
Revenues Before Loan Losses	36.51	34.29	34.02	49.66	46.18	37.82
Provision for Loan Losses	-1.24	-1.77	1	2.21	-2.63	7.5
Revenue	37.74	36.06	33.02	47.45	48.8	30.32
Revenue Growth (YoY)	18.99%	9.22%	-30.42%	-2.76%	60.95%	-5.07%
Salaries and Employee Benefits	12.45	11.91	13.27	13.35	10.71	9.57
Federal Deposit Insurance	1.45	1.45	1.19	0.68	0.5	0.43
Selling, General & Administrative	10.09	9.8	8.46	6.95	5.63	4.83
Other Non-Interest Expense	1.34	1.38	1.38	2.65	1.52	1.59
Total Non-Interest Expense	25.35	24.54	24.3	23.63	18.43	16.74
EBT Excluding Unusual Items	12.4	11.53	8.72	23.83	30.37	13.58
Asset Writedown	-	-	-	-	-	-0.5
Pretax Income	12.4	11.53	8.72	23.83	30.37	13.08
Income Tax Expense	2.81	2.6	1.81	5.39	6.75	2.91
Net Income	9.59	8.92	6.91	18.44	23.62	10.17
Preferred Dividends & Other Adjustments	-	-	-	-	0.2	-
Net Income to Common	9.59	8.92	6.91	18.44	23.42	10.17
Net Income Growth	57.92%	29.06%	-62.51%	-21.94%	132.27%	-17.68%
Basic Shares Outstanding	6	6	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6	6
Shares Change (YoY)	0.63%	0.55%	0.19%	-0.35%	-0.30%	-0.48%
EPS (Basic)	1.53	1.42	1.11	2.97	3.75	1.62
EPS (Diluted)	1.53	1.42	1.11	2.96	3.75	1.62
EPS Growth	57.43%	28.07%	-62.54%	-21.07%	131.48%	-17.35%
Dividend Per Share	0.200	0.230	0.640	0.610	0.530	-
Dividend Growth	-64.29%	-64.06%	4.92%	15.09%	-	-
Effective Tax Rate	22.67%	22.58%	20.72%	22.61%	22.22%	22.26%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.