MetroCity Bankshares Issues Amended Pro Forma Financial Statement After First IC Acquisition

Reuters
Feb 13
MetroCity Bankshares Issues Amended Pro Forma Financial Statement After First IC Acquisition

MetroCity Bankshares Inc. issued an amendment to its current report, providing unaudited pro forma condensed combined financial information related to its acquisition of First IC Corporation. The amendment details the financial impact of the merger, including adjustments to assets, shareholder equity, and income statements, reflecting the transaction as if completed at the beginning of the periods presented.

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