Category: ‘Economic Development’

Mountain Commerce Bank announces earnings for First Quarter 2011

JOHNSON CITY, TN—May 16, 2011—Despite challenges in the financial sector, Mountain Commerce Bank (MCB) improved earnings during the first quarter of 2011. “I am pleased that Mountain Commerce Bank began the year profitably in spite of the economic downturn. We continue to monitor credit quality, improve operational efficiency, and concentrate on balanced growth in loans […] Read more

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Mountain Commerce Bank’s Third-Quarter 2009 shows impressive gains

JOHNSON CITY, TN – November 13, 2009 – East Tennessee-based Mountain Commerce Bank (MCB) announced today its numbers through the third quarter of 2009. Compared to a loss of $1.7 million during the same period last year, MCB’s before-tax profits of $689,000 and after-tax profits of $466,000 represented solid gains for the bank. “We are […] Read more

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