Category: ‘Earnings Report’

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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Mountain Commerce Bank Announces Second Quarter 2015 Earnings

JOHNSON CITY, TN—August 3, 2015— Mountain Commerce Bank (MCB) announced second quarter year-to-date net income of $1,605,000. “With the grand opening of our new Bearden financial center – our second location in the Knoxville area – our loan and deposit growth are continuing to accelerate. I am pleased that the bank’s second quarter earnings increased […] Read more

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Mountain Commerce Bank reports solid earnings for the first quarter 2015

JOHNSON CITY, TN—April 17, 2015— Mountain Commerce Bank (MCB) announced first quarter net income of $780,000. Bill Edwards, President and CEO stated, “I am pleased to report solid earnings growth for the quarter ending March 31, 2015.” MCB’s earnings after taxes were $780,000 for the first quarter of 2015. Net interest margin remained strong, averaging 4.15% for the quarter. About Mountain […] Read more

Mountain Commerce Bank announces record earnings for 2014


JOHNSON CITY, TN—January 30, 2015—Mountain Commerce Bank (MCB) announced year-to-date net income of $2,500,000. Bill Edwards, President and CEO stated, “As we close out 2014, I am proud of what our Responsive Relationship Banking team has accomplished. Our solid performance positions us well for 2015, and beyond. We continue to maintain a strong net interest margin and […] Read more

Mountain Commerce Bank announces continued solid earnings for third quarter 2014

JOHNSON CITY, TN—October 24, 2014— Mountain Commerce Bank (MCB) announced year-to-date net income of $1,537,000. Bill Edwards, President and CEO stated, “Earnings are beginning to pick up, with the increased loan demand we have experienced.” Assets as of September 30th were $403 million, an increase of $63 million from the same period last year.  Total […] Read more

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Mountain Commerce Bank announces solid earnings for second quarter 2014

JOHNSON CITY, TN—August 7, 2014—Mountain Commerce Bank (MCB) announced year-to-date net income of $865,000. Bill Edwards, President and CEO stated, ”I am pleased to see that clients choose MCB as their trusted financial advisor as we begin to see economic improvement. We are also excited to have started construction on our new financial center located […] Read more

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Mountain Commerce Bank announces record earnings for 2013

JOHNSON CITY, TN— February 4, 2014— Mountain Commerce Bank (MCB) announced year-to-date net income of $6,546,000. Bill Edwards, President and CEO stated, “As we close out 2013, I am proud of what our Responsive Relationship Banking team has accomplished. Our solid performance positions us well for 2014, and beyond. We continue to maintain a strong net interest […] Read more

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