Category: ‘Press Releases’

Mountain Commerce Bancorp, Inc. Announces Strong Q3 2018 Earnings

KNOXVILLE, TN — October 22, 2018 — 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 $2.61 million for the third quarter of 2018. Earnings per fully diluted share for the quarter ended September 30, 2018 totaled $0.42 versus $0.29 […] Read more

Mountain Commerce Bank Earns Prestigious Five-Star Rating from BauerFinancial

KNOXVILLE, TN — September 24, 2018 — Mountain Commerce Bank (MCB), the Knoxville, Tennessee-based subsidiary of Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), has received a superior five-star rating from BauerFinancial, Inc., the nation’s leading independent bank and credit union rating and research firm. The five-star rating—the highest the firm can assign a financial institution—is emblematic […] Read more

Mountain Commerce Bancorp, Inc. Delivers Strong Q2 2018 Earnings

KNOXVILLE, TN — July 24, 2018 — 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 $2.449 million for the second quarter of 2018. Earnings per fully diluted share for the quarter ended June 30, 2018 totaled $0.39 versus $0.24 […] Read more

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Mountain Commerce Bancorp, Inc. Reports Strong Q1 2018 Earnings

KNOXVILLE, TN — April 23, 2018 — 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 $2.327 million for the first quarter of 2018, a 76 percent increase over the comparable period in 2017. Earnings per fully diluted share for […] Read more

Apr, 23, 2018

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Mountain Commerce Bancorp, Inc. Increases Borrowings Under Senior-Secured Debt Facility

KNOXVILLE, TN — April 13, 2018 — Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank (MCB) announced today that it had refinanced its existing senior-secured revolving credit facility. The existing loan was amended to increase the maximum principal amount that MCBI may borrow under the […] Read more

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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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Jerry B. Beal Joins Mountain Commerce Bank as Vice President, Relationship Manager and Private Banker based at Bristol Highway Branch in Johnson City

KNOXVILLE, TN — September 22, 2017 — With more than three decades in banking, and a demonstrated proficiency across the financial services sector, Jerry B. Beal has been named by Mountain Commerce Bank (MCB) as vice president, relationship manager and private banker at its Johnson City branch located at 3122 Bristol Highway. Beal begins his […] Read more

Sep, 25, 2017

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Mountain Commerce Bank Announces Key Promotion and Four New Staff Hires

KNOXVILLE, TN — August 3, 2017 — As part of its mission to continuously elevate the promise of Responsive Relationship Banking, Mountain Commerce Bank (MCB) today announced the promotion of a key team member and the addition of four new employees to its staff. Daniel Cheng has been promoted by MCB to bank officer and […] 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

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