Business Description

Our Company MetroCity Bankshares, Inc. (the “Company”), a bank holding company incorporated in 2014 and headquartered in the Atlanta metropolitan area. We primarily operate through our wholly-owned banking subsidiary, Metro City Bank, a Georgia state-chartered commercial bank that was founded in 2006 (the “Bank”). We currently operate 29 full-service branch locations in multi-ethnic communities in Alabama, California, Florida, Georgia, New York, New Jersey, Texas and Virginia. As of December 31, 2025, we had total assets of $4.77 billion, total loans held for investment of $4.08 billion, total deposits of $3.65 billion and total shareholders’ equity of $544.2 million. We are a full-service commercial bank focused on delivering personalized service in an efficient and reliable manner to the small-to medium-sized businesses and individuals in our markets, including many customers in diverse and multi-ethnic communities in growing metropolitan markets in the Eastern U.S., Texas and California. We offer a suite of loan and deposit products tailored to meet the needs of the businesses of our customers. Through our diverse and experienced management team and talented employees, we are able to speak the language of our customers and provide them with services and products in a culturally competent manner. We have successfully grown our franchise since our founding primarily through de novo branch openings in vibrant, diverse markets where we feel our banking products and services will be well-received, as well as our recent acquisition of First IC Corporation. We have a proven track record of opening these new branches in a disciplined, cost efficient manner, without compromising the quality of our customer service or our profitability. Our consistent expansion efforts have given us the know-how and expertise to lower the cost of opening and operating de novo branches, allowing each of these branches to quickly become profitable. We believe that our culturally familiar approach to banking, our tailored lending products, our branch network located in attractive multi-ethnic communities, and our highly replicable growth model have laid the foundation for achieving sustainable, profitable growth. Our common stock is listed on the Nasdaq Global Select Market under the symbol “MCBS”. Acquisition of First IC Corporation and First IC Bank After the close of business on December 1, 2025, the Company completed the acquisition of First IC Corporation. (“First IC”), a Georgia corporation and the parent company of First IC Bank. Under the terms of the Agreement and Plan of Reorganization, dated as of March 16, 2025 (“Reorganization Agreement”), for each share of First IC common stock, First IC shareholders had the right to receive 0.3729 shares of the Company's common stock and $12.00 in cash, with cash also paid in lieu of fractional shares. Total consideration was approximately $202.3 million and consisted of $90.5 million of equity (3,384,066 shares) in the form of the Company’s common stock, plus $111.9 million in cash, including cash paid for stock option cancellations and fractional shares. The transaction qualified as a tax-free reorganization for federal income tax purposes and provided a tax-free exchange for First IC shareholders for the portion of the transaction consideration consisting of the Company’s common stock. In addition to increasing its loan and deposit base, the Company believes the acquisition will provide more expansive products to its customers, as well as benefit from increased operating synergies, improving the long-term operating and financial results of the Company. 7 Table of Contents Our Markets We are located primarily in the Atlanta metropolitan area with our headquarters in Doraville, Georgia. Our 29 full-service branch locations in Alabama, California Florida, Georgia, New York, New Jersey, Texas and Virginia are located in growing multi-ethnic communities. Additionally, we continue to monitor attractive markets where we would consider expanding our presence.…