Knoxville, Tennessee, July 24, 2023 – 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 six months ended June 30, 2023.

The Company also announced today that its Board of Directors declared a quarterly cash dividend of $0.16 per common share, our eleventh consecutive quarterly dividend. The dividend is payable on September 1, 2023 to shareholders of record as of the close of business on August 7, 2023.