The bank's capital position appears increasingly fragile, with the equity-to-assets ratio shifting to 1.05 in 2026Q1 compared to a historical average of approximately 0.11.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|
| Cash & Short Term Investments | 971.71M | 418.01M | 253.73M | 160.65M | 170.21M | 458.26M | 158.86M | 286.19M | 149.15M | 115.42M | 91.7M | 70.4M | 32.81M | 17.71M |
| Cash & Due from Banks | 0 | 370.83M | 236.34M | 142.15M | 150.96M | 432.52M | 140.74M | 270.5M | 130.26M | 94.37M | 63.8M | 40.32M | 32.81M | 17.71M |
| Short Term Investments | 61.17M | 47.18M | 17.39M | 18.49M | 19.25M | 25.73M | 18.12M | 15.7M | 18.89M | 21.05M | 27.9M | 30.08M | 0 | 0 |
| Total Investments | 379.49M | 4.1B | 3.19B | 3.21B | 3.1B | 2.53B | 1.64B | 1.26B | 1.21B | 1.11B | 986.96M | 593.85M | 0 | 0 |
| Investments Growth % | -56.6% | 28.54% | -0.57% | 3.44% | 22.75% | 54.16% | 30.46% | 3.56% | 8.97% | 12.76% | 66.2% | - | - | - |
| Long-Term Investments | 10.41B | 4.06B | 3.17B | 3.19B | 3.08B | 2.5B | 1.62B | 1.24B | 1.19B | 1.09B | 959.06M | 563.78M | 0 | 0 |
| Accounts Receivables | 0 | 20.3M | 15.86M | 15.13M | 13.17M | 11.05M | 10.67M | 5.1M | 4.96M | 4.76M | 3.77M | 2.12M | 0 | 0 |
| Goodwill & Intangibles | 0 | 68.67M | 1.41M | 1.27M | 3.97M | 7.75M | 12.99M | 18.07M | 14.93M | 6.84M | 9.38K | 65.52K | 5.72M | 5.4M |
| Goodwill | 0 | 56.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 12.63M | 1.41M | 1.27M | 3.97M | 7.75M | 12.99M | 18.07M | 14.93M | 6.84M | 9.38K | 65.52K | 5.72M | 5.4M |
| PP&E (Net) | 0 | 45.07M | 26.13M | 26.6M | 22.72M | 22.41M | 24.2M | 26.42M | 14.39M | 12.38M | 7.29M | 4.29M | 1.55M | 1.78M |
| Other Assets | 0 | -4.06B | 125.64M | 110.8M | 136.28M | 106.83M | 70.56M | 55.97M | 55.42M | 57.71M | 38.24M | 30.74M | 542.51M | 490.09M |
| Total Current Assets | 61.17M | 438.31M | 269.59M | 175.77M | 183.38M | 469.31M | 169.53M | 291.29M | 154.11M | 120.18M | 95.47M | 72.52M | 32.81M | 17.71M |
| Total Non-Current Assets | 0 | 113.75M | 3.32B | 3.33B | 3.24B | 2.64B | 1.73B | 1.34B | 1.28B | 1.17B | 1B | 598.86M | 549.78M | 497.28M |
| Total Assets | 4.42B | 4.77B | 3.59B | 3.5B | 3.43B | 3.11B | 1.9B | 1.63B | 1.43B | 1.29B | 1.1B | 671.38M | 582.59M | 514.99M |
| Asset Growth % | 55.15% | 32.67% | 2.6% | 2.21% | 10.34% | 63.7% | 16.28% | 13.9% | 11.15% | 17.17% | 63.85% | 15.24% | 13.13% | - |
| Return on Assets (ROA) | 1.82% | 1.64% | 1.82% | 1.49% | 1.92% | 2.47% | 2.06% | 2.92% | 3.04% | 2.67% | 2.28% | 2.65% | 2.28% | 1.96% |
| Accounts Payable | 0 | 10.73M | 3.5M | 4.13M | 2.74M | 204K | 222K | 890K | 1.25M | 401K | 355.75K | 197.73K | 0 | 0 |
| Total Debt | 0 | 540.61M | 382.94M | 335.46M | 384.28M | 510.32M | 121.39M | 75.61M | 4.26M | 125.04M | 114.04M | 15.45M | 15.98M | 18.44M |
| Net Debt | 0 | 169.78M | 146.6M | 193.31M | 233.31M | 77.8M | -19.35M | -194.89M | -126.01M | 30.67M | 50.24M | -24.87M | -16.84M | 724.11K |
| Long-Term Debt | 0 | 525.31M | 375M | 325M | 375.39M | 500.46M | 80.48M | 63.13M | 4.26M | 125.04M | 114.04M | 15.45M | 15.98M | 18.44M |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 30M | 0 | 0 | 0 | 0 | 0 | 25M | 20M |
| Other Liabilities | 0 | 3.67B | 49.46M | 50.78M | 23.96M | 42.39M | 51.15M | 31.26M | 14.3M | 8.43M | 7.54M | 3.32M | 493.54M | 435.09M |
| Total Current Liabilities | 0 | 15.31M | 2.74B | 2.74B | 2.67B | 2.26B | 1.51B | 1.31B | 1.25B | 1.02B | 871.22M | 563.05M | 0 | 168.86K |
| Total Non-Current Liabilities | 0 | 4.21B | 432.4M | 384.43M | 408.24M | 552.71M | 142.55M | 106.87M | 18.56M | 133.47M | 121.58M | 18.77M | 509.33M | 453.53M |
| Total Liabilities | 3.3B | 4.22B | 3.17B | 3.12B | 3.08B | 2.82B | 1.65B | 1.42B | 1.26B | 1.15B | 992.8M | 581.82M | 509.51M | 453.7M |
| Total Equity | 4.62B | 544.36M | 421.35M | 381.52M | 349.42M | 290.22M | 244.83M | 216.72M | 168.61M | 135.12M | 107.26M | 89.56M | 73.08M | 61.29M |
| Equity Growth % | 1025.97% | 29.19% | 10.44% | 9.19% | 20.4% | 18.54% | 12.97% | 28.54% | 24.79% | 25.97% | 19.76% | 22.55% | 19.23% | - |
| Equity / Assets (Capital Ratio) | 104.59% | 11.42% | 11.72% | 10.89% | 10.2% | 9.34% | 12.9% | 13.28% | 11.77% | 10.48% | 9.75% | 13.34% | 12.54% | 11.9% |
| Return on Equity (ROE) | 4.94% | 14.23% | 16.07% | 14.12% | 19.57% | 23.06% | 15.77% | 23.21% | 27.22% | 26.32% | 20.54% | 20.43% | 18.6% | 16.48% |
| Book Value per Share | 159.13 | 20.93 | 16.47 | 14.95 | 13.60 | 11.25 | 9.49 | 8.76 | 6.89 | 5.60 | 4.54 | 3.79 | 3.46 | 3.00 |
| Tangible BV per Share | 159.13 | 18.29 | 16.42 | 14.90 | 13.45 | 10.95 | 8.99 | 8.03 | 6.28 | 5.31 | 4.54 | 3.79 | 3.19 | 2.74 |
| Common Stock | 0 | 1.16M | 254K | 252K | 252K | 255K | 257K | 255K | 242K | 120.38K | 118.21K | 114.87K | 26.41K | 25.53K |
| Additional Paid-in Capital | 0 | 138.68M | 49.22M | 45.7M | 45.3M | 51.56M | 55.67M | 53.85M | 40.04M | 38.54M | 37.14M | 35.89M | 33.43M | 32.4M |
| Retained Earnings | 0 | 402.86M | 358.7M | 315.36M | 285.83M | 238.58M | 188.71M | 162.62M | 128.56M | 96.53M | 70.07M | 53.62M | 39.67M | 29.14M |
| Accumulated OCI | 0 | 1.67M | 13.18M | 20.21M | 18.04M | -168K | 195K | -1K | -104K | -68K | -61.91K | -63.48K | -50.99K | -275K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CRE and SBA concentration
As reported in recent financial statements, MetroCity Bankshares saw total assets fluctuate from $3.6 billion in 2024Q3 to $4.4 billion in 2026Q1, a trend that suggests significant instability in the bank's core balance sheet expansion strategy during this period of heightened credit provisioning.
The recent expansion in assets appears disconnected from organic loan growth, potentially indicating a reliance on volatile securities or cash adjustments rather than sustainable lending. Investors should monitor whether this asset volatility reflects a strategic pivot or an inability to maintain consistent growth in the bank's niche markets.
Based on the provided financial data, the bank's provision for loan losses surged to $26.5 million in 2026Q1, a sharp departure from historical levels that suggests management is bracing for potential credit stress within its concentrated commercial real estate and SBA loan portfolios.
This sudden spike in provisioning warrants further investigation into the underlying health of the bank's construction and development loan book. The shift suggests that the bank's cultural underwriting model may be facing cyclical headwinds that traditional credit metrics have failed to capture until now.
According to the latest balance sheet figures, the equity-to-assets ratio plummeted to 1.05 in 2026Q1 from 0.11 in previous quarters, indicating that the bank's capital adequacy is becoming increasingly strained as it absorbs significant loan loss provisions and potential asset write-downs.
The rapid erosion of the equity base suggests that the bank's ability to absorb further credit shocks is diminishing, limiting its capacity for future lending or capital returns. Analysts should monitor whether management will need to raise external capital to restore regulatory buffers to more comfortable levels.
As indicated by the bank's reported figures, cash and cash equivalents dropped to $61.2 million in 2026Q1 from a peak of $370.8 million in 2025Q4, suggesting that the bank is rapidly consuming its liquid reserves to manage operational volatility and credit-related outflows.
The significant reduction in cash reserves appears to leave the bank with less flexibility to navigate a potential liquidity crunch or deposit flight. This trend may indicate that the bank's reliance on secondary market SBA sales is no longer providing the necessary cash flow to support its balance sheet.
Quick answers to the most common questions about buying MCBS stock.
As of 2025, MetroCity Bankshares, Inc. (MCBS) had total assets of $4.77B including $438.3M in current assets.
MetroCity Bankshares, Inc. (MCBS) carries total debt of $540.6M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
MetroCity Bankshares, Inc. (MCBS) has total shareholders' equity (book value) of $544.4M ($20.93 book value per share). Book value represents the net worth of the company belonging to common stock holders.
MetroCity Bankshares, Inc. (MCBS) reported a current ratio of 28.64x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.