Category: ‘Earnings Report’

2017 Annual Report Released

In 2017, Mountain Commerce Bancorp, Inc. (MCB) experienced another exceptional year. For many community banks, recent regulatory and competitive pressures have led to a reduction in profitability, or a contraction in size or service. Not so for MCB. We continue to flourish. Last year’s performance is testimony to the belief that a local bank plays […] Read more

Mountain Commerce Bancorp, Inc. Announces Record Earnings for 2017

KNOXVILLE, TN – January 23, 2018 – Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the bank holding company and parent of Mountain Commerce Bank (MCB)—both based in Knoxville, Tennessee—reported consolidated net income of $904,000 for the fourth quarter of 2017. Earnings per fully diluted share for the quarter ended December 31, 2017 totaled $0.15. Because of […] Read more

Jan, 24, 2018

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Mountain Commerce Bancorp, Inc. Announces Strong Earnings for Third Quarter 2017

KNOXVILLE, TN — October 23, 2017 — Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank (MCB), reported consolidated net income of $1.775 million for the third quarter of 2017. This is a 59 percent increase compared with $1.116 million for the third quarter of 2016. […] Read more

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Mountain Commerce Bancorp, Inc. Announces Strong Earnings for Second Quarter 2017

KNOXVILLE, TN — July 22, 2017 — Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank (MCB), reported consolidated net income of $1.475 million for the second quarter of 2017, a 32 percent increase compared to $1.116 million for the second quarter of 2016. Earnings per […] Read more

Mountain Commerce Bancorp, Inc. Announces Strong Earnings for First Quarter 2017

KNOXVILLE, TN — April 27, 2017- Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank (MCB), reported consolidated net income of $1.32 million for the first quarter of 2017, a 53 percent increase compared to $863,000 for the first quarter of 2016. Earnings per fully diluted […] Read more

Mountain Commerce Bancorp, Inc. Announces Strong Earnings for 2016

KNOXVILLE, TN— February 13, 2017— Mountain Commerce Bancorp, Inc., a bank holding company and the parent of Mountain Commerce Bank (MCB), reported consolidated net income of $1,138,000 for the fourth quarter of 2016, a 29 percent increase compared with $883,000 for the fourth quarter of 2015. Basic earnings per share for the quarter ending December […] Read more

Mountain Commerce Bank Announces Third Quarter 2016 Earnings

KNOXVILLE, TN—October 25, 2016— Mountain Commerce Bank (MCB) announced net income of $3,471,000 for the first nine months of the year. For the quarter, earnings were $1,232,000.
 
”I am pleased to report accelerating earnings growth for the quarter ending September 30, 2016,” said Bill Edwards, president and chief executive officer of Mountain Commerce Bank. “We continue to have […] Read more

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Mountain Commerce Bank Announces Second Quarter 2016 Earnings

KNOXVILLE, TN—July 26, 2016— Mountain Commerce Bank (MCB) announced net income of $2,239,000 for the first six months of the year. “I am pleased to report accelerating earnings growth for the quarter ending June 30, 2016,” said Bill Edwards, president and chief executive officer of Mountain Commerce Bank. “We have seen solid loan and deposit growth in […] Read more

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Mountain Commerce Bank Announces Solid Earnings for the First Quarter 2016

KNOXVILLE, TN — May 3, 2016 — Mountain Commerce Bank (MCB) announced net income of $995,000 for the first three months of the year.
 
”I am pleased to report solid earnings growth for the quarter ending March 31, 2016,” said Bill Edwards, president and chief executive officer of Mountain Commerce Bank. “Our earnings and asset growth continues to […] Read more

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Mountain Commerce Bank Announces Third Quarter 2015 Earnings

JOHNSON CITY, TN – November 5, 2015 – Mountain Commerce Bank (MCB) announced third quarter year-to-date net income of $2,482,000. “The opening of our second financial center in Bearden has proven to be very successful,” said Bill Edwards, president and chief executive officer of Mountain Commerce Bank. “The Knoxville market has grown to approximately $200 […] Read more

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