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MetroCity Bankshares Acquires First IC Corporation

PUBLIC · MCBSDec 02, 2025

Acquiring Company

MetroCity Bankshares

Acquired Company

First IC Corporation

DoravilleDoravilleFinancial ServicesFinanceLendingBankingBanking

Description

On December 1, 2025, MetroCity Bankshares, Inc. completed the acquisition of First IC Corporation, culminating in a merger that enhances its market presence. This strategic move strengthens the position of MetroCity Bank in the regional banking landscape. Following the merger, First IC Bank will operate as a subsidiary of Metro City Bank, promising continued service to their customers. The transaction is part of MetroCity's ongoing commitment to growth and community banking.

Quick answer

MetroCity Bankshares is acquiring First IC Corporation, announced December 1, 2025. MetroCity Bankshares is based in Doraville, Georgia, United States.

How much did MetroCity Bankshares pay for First IC Corporation?
The deal value was not disclosed.
What does MetroCity Bankshares do?
MetroCity Bankshares, Inc., headquartered in Doraville, Georgia, is the bank holding company for Metro City Bank, which operates banking offices across eight states.
Where are MetroCity Bankshares and First IC Corporation based?
MetroCity Bankshares is based in Doraville, Georgia, United States. First IC Corporation is based in Doraville, Georgia, United States.
Who are the decision-makers at MetroCity Bankshares?
Fundz holds 1 contact at MetroCity Bankshares. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

MetroCity Bankshares

Location

Doraville, Georgia, United States

About

MetroCity Bankshares, Inc., headquartered in Doraville, Georgia, is the bank holding company for Metro City Bank, which operates banking offices across eight states. MetroCity's common stock trades on The NASDAQ Stock Exchange under the symbol "MCBS."

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Frequently asked

Who acquired First IC Corporation?

First IC Corporation was acquired by MetroCity Bankshares, based in Doraville. The deal was reported on December 2, 2025. MetroCity Bankshares, Inc., headquartered in Doraville, Georgia, is the bank holding company for Metro City Bank, which operates banking offices across eight states. MetroCity Bankshares is publicly traded (MCBS) and operates in Financial Services.

When did MetroCity Bankshares acquire First IC Corporation?

MetroCity Bankshares's acquisition of First IC Corporation was reported on December 2, 2025. On December 1, 2025, MetroCity Bankshares, Inc. completed the acquisition of First IC Corporation, culminating in a merger that enhances its market presence. This strategic move strengthens the position of MetroCity Bank in the regional banking landscape. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does First IC Corporation do?

It is privately held, operating in Banking, and is based in Doraville.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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