Category: ‘Earnings Report’

Mountain Commerce Bancorp, Inc. Announces Second Quarter 2020 Results

Knoxville, Tennessee, July 27, 2020 – Mountain Commerce Bancorp, Inc. (the “Company”) (OTCQX: MCBI), the holding company for Mountain Commerce Bank (the “Bank”), today announced earnings and related data as of and for the three and six months ended June 30, 2020. Highlights The following tables highlight the trends that the Company believes are most […] Read more

Mountain Commerce Bancorp, Inc. Completes $10 Million Subordinated Debt Offering

Knoxville, Tennessee, July 15, 2020 – Mountain Commerce Bancorp, Inc. (the “Company”) (OTCQX: MCBI), the holding company for Mountain Commerce Bank (the “Bank”), today announced the completion of an offering of $10 million in aggregate principal amount of fixed-to-floating rate subordinated notes due 2030 (the “Notes”) to certain institutional accredited investors. The Company intends to […] Read more

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Mountain Commerce Bancorp, Inc. Announces First Quarter 2020 Results

Knoxville, Tennessee, April 27, 2020 – Mountain Commerce Bancorp, Inc. (the “Company”) (OTCQX: MCBI), the holding company for Mountain Commerce Bank (the “Bank”), today announced earnings and related data as of and for the three months ended March 31, 2020. Highlights The following tables highlight the trends that the Company believes are most relevant to […] Read more

Mountain Commerce Bancorp, Inc. Reports Strong Q4 2019 Earnings

For the Thirteenth Consecutive Quarter, Knoxville-Based MCB Posts Record Operating Earnings KNOXVILLE, TN — January 27, 2020 — 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 $3.34 million for the fourth quarter of 2019, up from $2.80 million for the […] Read more

Mountain Commerce Bancorp, Inc. Reports Strong Q3 2019 Earnings

For a Twelfth Consecutive Quarter, Knoxville-Based Community Bank Posts Record Operating Earnings KNOXVILLE, TN — October 21, 2019 — 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 $3.17 million for the third quarter of 2019, up from $2.61 million […] Read more

Mountain Commerce Bancorp, Inc. Reports Strong Q2 2019 Earnings

For an Eleventh Consecutive Quarter, the Knoxville-Based Community Bank Posts Record Operating Earnings KNOXVILLE, TN — July 23, 2019 — 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 $2.96 million for the second quarter of 2019, up from $2.45 […] Read more

Mountain Commerce Bancorp, Inc. Reports Strong Q1 2019 Earnings

KNOXVILLE, TN — April 23, 2019 — 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 $2.89 million for the first quarter of 2019, up from $2.33 million for the first quarter of 2018—an increase of 24 percent. Earnings per […] Read more

2018 Annual Report Released

I am delighted to report that 2018 was another excellent year for your Bank. During that twelve-month span, we continued to execute on our strategic plan, while achieving robust managed growth, maintaining high asset quality and realizing a strong increase in earnings. I am particularly pleased by some of our profitability metrics, most notably our […] 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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