Acquiring Company
MetroCity Bankshares
Acquired Company
First IC Corporation
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.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- First Merchants Corporation to Acquire First Savings Financial Group, Inc. (December 19, 2025)
- MWA Financial acquires Stonewood Financial Planning (December 18, 2025)
- Mercantile Bank acquires Eastern Michigan Financial (December 16, 2025)
- Santander to acquire TSB Bank for £2.9 billion, $3.8B (November 13, 2025)
- Civista Bancshares merges with Farmers Savings Bank (November 6, 2025)
- First Mid Bancshares, Inc. to Acquire Two Rivers Financial Group, Inc. (October 30, 2025)
Who to call at MetroCity Bankshares, and when
When MetroCity Bankshares changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day MetroCity Bankshares raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MetroCity Bankshares, from your own LinkedIn network
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Related People
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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