Mountain Commerce Bancorp (MCBI) Q3 2025 earnings summary

Executive summary

• Net income for Q3 2025 was $3.9 million, up from $3.0 million in Q3 2024, with diluted EPS of $0.62 versus $0.48 year-over-year.

• Adjusted return on average assets rose to 0.86% and adjusted return on average equity to 10.92% in Q3 2025, up from 0.50% and 6.79% in Q3 2024.

• Net interest margin improved to 2.50% in Q3 2025 from 2.08% in Q3 2024, reflecting better cost of funds and asset yields.

• The board declared a $0.07 per share quarterly dividend, the twentieth consecutive quarterly dividend.

Financial highlights

• Net interest income increased 23.3% year-over-year to $10.2 million for Q3 2025.

• Noninterest income rose to $1.2 million in Q3 2025 from $0.7 million in Q3 2024, driven by higher wealth management, swap fees, and limited partnership income.

• Noninterest expense was stable at $6.5 million for Q3 2025, with higher compensation offset by lower data processing costs.

• For the nine months ended September 30, 2025, net income was $8.9 million, up from $6.8 million in the prior year period.

• Total assets grew 3.3% since year-end 2024 to $1.80 billion, with loans receivable up 1.4% and deposits up 3.7%.

Outlook and guidance

• Management expects continued improvement in earnings through 2025, assuming stable macroeconomic conditions.

• Focus remains on careful risk and growth management, with ongoing efforts to pay down debt and strengthen capital.