Company Description
MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that engages in the provision of banking products and services in the United States.
It offers customary banking services, such as consumer and commercial checking accounts, savings, and money market accounts, as well as certificates of deposit.
The company also provides commercial and consumer loans, including single family residential loans; construction and development, and owner and non-owner occupied commercial real estate loans; letters of credit; and commercial and industrial loans, residential mortgage loans, and SBA loans.
In addition, it offers online banking services, which include access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions, such as remote check deposit with mobile bill pay; and automated teller machines and telephone banking services.
Further, it provides debit cards for checking customers, direct deposits, and cashier's checks; treasury management services, including wire transfer, automated clearing house, and stop payments services; and cash management deposit products, such as remote deposit capture, positive pay, zero balance accounts, and sweep accounts.
The company was founded in 2006 and is headquartered in Atlanta, Georgia.
| Country | United States |
| Founded | 2006 |
| IPO Date | Oct 3, 2019 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 220 |
| CEO | Nack Young Paek |
Contact Details
Address: 5114 Buford Highway Doraville, Georgia 30340 United States | |
| Phone | 770-455-4989 |
| Website | metrocitybank.bank |
Stock Details
| Ticker Symbol | MCBS |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $13.50 |
| CIK Code | 0001747068 |
| CUSIP Number | 59165J105 |
| ISIN Number | US59165J1051 |
| Employer ID | 47-2528408 |
| SIC Code | 6022 |
Key Executives
| Name | Position |
|---|---|
| Nack Young Paek | Chairman and Chief Executive Officer |
| Farid Tan | President and Director |
| Howard Hwasaeng Kim | Executive Vice President, Chief Lending Officer, Chief Operating Officer and Director |
| Sion Nyen Lai | Secretary and Director |
| Lucas C. Stewart | Executive Vice President, Chief Financial Officer and Assistant Corporate Secretary |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 19, 2024 | 8-K | Current Report |
| Apr 17, 2024 | 8-K | Current Report |
| Apr 12, 2024 | DEF 14A | Other definitive proxy statements |
| Mar 12, 2024 | 8-K | Current Report |
| Mar 11, 2024 | 10-K | Annual Report |
| Feb 2, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Jan 31, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Jan 23, 2024 | 8-K | Current Report |
| Jan 17, 2024 | 8-K | Current Report |
| Nov 7, 2023 | 10-Q | Quarterly Report |