MetroCity Bankshares Inc., the holding company for Metro City Bank, reported its earnings for the second quarter of 2025. The company announced a net income of $16.8 million, or $0.65 per diluted share, marking an increase from $16.3 million, or $0.63 per diluted share, in the first quarter of 2025. However, this represents a slight decrease from $16.9 million, or $0.66 per diluted share, in the second quarter of 2024. For the six-month period ending June 30, 2025, MetroCity reported a net income of $33.1 million, an increase from $31.6 million for the same period in 2024. The increase in net income from the first quarter of 2025 was attributed to a rise in net interest income by $1.6 million and an increase in noninterest income by $277,000, offset by higher income tax expenses and noninterest expenses. Compared to the second quarter of 2024, the decrease in net income was due to increases in noninterest expenses, income tax expenses, and provisions for credit losses, despite higher net interest and noninterest incomes. Furthermore, MetroCity's net interest margin rose by 27 basis points to 3.72% for the first half of 2025, compared to 3.45% for the same period in 2024. The company also announced the acquisition of First IC Corporation and First IC Bank, with the merger expected to be completed early in the fourth quarter of 2025.