Category: ‘Press Releases’

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

Mountain Commerce Bank Promotes Pair to Regulatory Oversight Roles

KNOXVILLE, TN — June 9, 2017 — Mountain Commerce Bank (OTCQX: MCBI) today announced the promotions of two staff members to key regulatory oversight positions. Phillip G. Wampler has been elevated to senior vice president and chief compliance officer, and Kelli R. Harris has been appointed as vice president, Banking Secrecy Act and anti-money laundering […] Read more

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Regenia B. Ellis Receives Mountain Commerce Bank’s Esteemed Stuart E. Wood Jr. Memorial Award


KNOXVILLE, TN — June 1, 2017 — The board of directors of Mountain Commerce Bank (OTCQX: MCBI) today announced that Regenia B. Ellis, the bank’s vice president and corporate secretary, has been selected to receive the prestigious Stuart E. Wood Jr. Memorial Award in recognition of her commitment to the values of integrity, leadership and […] Read more

Jun, 01, 2017

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Mountain Commerce Bank First Vice President Elected to Statewide Banking Board

KNOXVILLE, TN — May 12, 2017 — Mountain Commerce Bank (OTCQX: MCBI) announced that Michael J. Saporito II, first vice president and relationship manager, has been elected to the board of directors of the Young Bankers Division of the Tennessee Bankers Association. Saporito will serve a three-year term on the board. The Tennessee Bankers Association […] Read more

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