KNOXVILLE, TN — October 22, 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 $2.61 million for the third quarter of 2018. Earnings per fully diluted share for the quarter ended September 30, 2018 totaled $0.42 versus $0.29 […] Read more
KNOXVILLE, TN — September 24, 2018 — Mountain Commerce Bank (MCB), the Knoxville, Tennessee-based subsidiary of Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), has received a superior five-star rating from BauerFinancial, Inc., the nation’s leading independent bank and credit union rating and research firm. The five-star rating—the highest the firm can assign a financial institution—is emblematic […] Read more
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
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
KNOXVILLE, TN — August 3, 2017 — As part of its mission to continuously elevate the promise of Responsive Relationship Banking, Mountain Commerce Bank (MCB) today announced the promotion of a key team member and the addition of four new employees to its staff. Daniel Cheng has been promoted by MCB to bank officer and […] Read more
KNOXVILLE, TN — July 22, 2017 — 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 $1.475 million for the second quarter of 2017, a 32 percent increase compared to $1.116 million for the second quarter of 2016. Earnings per […] Read more
KNOXVILLE, TN — June 9, 2017 — Mountain Commerce Bank (OTCQX: MCBI) today announced the promotions of two staff members to key regulatory oversight positions. Phillip G. Wampler has been elevated to senior vice president and chief compliance officer, and Kelli R. Harris has been appointed as vice president, Banking Secrecy Act and anti-money laundering […] Read more
KNOXVILLE, TN — May 12, 2017 — Mountain Commerce Bank (OTCQX: MCBI) announced that Michael J. Saporito II, first vice president and relationship manager, has been elected to the board of directors of the Young Bankers Division of the Tennessee Bankers Association. Saporito will serve a three-year term on the board. The Tennessee Bankers Association […] Read more
KNOXVILLE, TN — April 27, 2017- 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 $1.32 million for the first quarter of 2017, a 53 percent increase compared to $863,000 for the first quarter of 2016. Earnings per fully diluted […] Read more
KNOXVILLE, TN — April 7, 2017 — Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank, announced the completion of the redemption of its 5% Series A Cumulative Convertible Redeemable Preferred Stock (Series A Preferred Stock) on March 31, 2017. Holders of the Series A Preferred […] Read more
