Knoxville, Tennessee, April 12, 2021 – Mountain Commerce Bancorp, Inc. (the “Company”) (OTCQX: MCBI), the holding company for Mountain Commerce Bank (the “Bank”), today announced that the Board of Directors has authorized a stock repurchase program under which the Company may, from time to time, acquire up to $5 million of its outstanding common shares […] Read more
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
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
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
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
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
KNOXVILLE, TN — July 19, 2019 — Mountain Commerce Bancorp, Inc. (OCTQX: MCBI) announced today that its subsidiary, Mountain Commerce Bank (MCB), has earned a place among the top 200 publicly traded community banks in the United States as determined by American Banker magazine. The annual ranking was for community banks with less than $2 […] Read more
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
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
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 […] Read more
