KNOXVILLE, TN — February 9, 2017 — The board of directors of both Mountain Commerce Bancorp, Inc. and its subsidiary, Mountain Commerce Bank (MCB), announced the resignation of Mark R. Ruh from the holding company and bank boards. Ruh has accepted a new position with a bank in Seattle, Washington. A director of Mountain Commerce […] Read more
Mountain Commerce Bancorp, Inc., the holding company of Mountain Commerce Bank, announced that on December 29, 2016 it completed a private placement of common stock yielding gross proceeds of $20,000,004. The company issued 1,666,667 shares at $12.00 per share.
KNOXVILLE, TN—November 12, 2016 — As part of its continual effort to deliver the latest in banking technology for clients, Mountain Commerce Bank (MCB) recently launched new versions of both its website and its mobile app. The upgrades, developed with the financial needs and lifestyles of today’s MCB customers in mind, provide faster and more […] Read more
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
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
KNOXVILLE, TN – June 14, 2016 – Mountain Commerce Bank (MCB) announced today the addition of a new banking specialist and the promotion of another key member of the team in Knoxville. Nellie Dunn has joined the MCB team as vice president and senior treasury management specialist. Dunn, who brings nearly 20 years of experience […] Read more
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
KNOXVILLE, TN — March 3, 2016 — The board of directors of both Mountain Commerce Bancorp, Inc. and its subsidiary, Mountain Commerce Bank (MCB), announce the addition of Mark R. Ruh to the holding company and bank boards. Ruh has over 17 years of experience in the private equity, banking and auto finance industries. Since […] Read more
KNOXVILLE, TN – November 23, 2015 – Mountain Commerce Bank (MCB), a century-old community bank with assets that recently exceeded $493 million, announced it has relocated its bank and holding company headquarters to Knoxville. The move follows the opening last spring of MCB’s second financial center in the Knoxville area, located at 6101 Kingston Pike […] Read more
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
