MetroCity Bankshares, Inc. Earnings Summary — Q1 FY2026

• Total interest income rose significantly to $71.0 million, driven primarily by high loan yields which contributed $67.1 million.
• Interest expense increased to $26.5 million as funding costs for deposits rose from $18.0 million a year ago.
• The bank recorded a negative provision for loan losses of $0.87 million, indicating a release of reserves or improved credit outlook.
• Loan portfolio remained substantial at $3.97 billion, despite a slight contraction from the $4.02 billion reported at year-end 2025.
• SBA and USDA servicing assets increased to $11.3 million, supporting the bank's fee-based income strategy.
• Shareholders' equity improved to $554.2 million from $544.2 million in the prior quarter.

Management maintains a niche focus on multi-ethnic markets, specifically the Korean-American community, as a primary engine for high-yield organic lending and fee income generation.

Improving

Revenue growth is accelerating on the back of higher loan yields, and credit loss provisions have turned negative, suggesting high asset quality stability.

The company appears positioned to leverage its specialized linguistic and cultural expertise to defend its niche market share while navigating interest rate sensitivities.