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 a critical role in its community, and that customers want to be able to visit their bank and know they are not just a number. At MCB, we believe that banking is still a relationship-driven business. Those relationships—with customers, for certain, but also with employees, shareholders and vendors—are the cornerstone of all we accomplish.
In the following pages are the details about each of these items, and so much more.
For their contributions to such an impressive performance, I want to extend a special note of thanks to all our Mountain Commerce Bank team members. And to the board of directors, please accept my heartfelt gratitude for your support and wisdom. Because of your contributions, we completed 2017 well positioned to maintain our success and embark boldly on another exciting year.Sincerely, William E. Edwards III President and Chief Executive Officer