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ClosedPublished 12 Feb 2026

MetroCity Bankshares, Inc. /
First IC Corporation

MetroCity Bankshares completes First IC Corporation acquisition

Buy side: MetroCity Bankshares, Inc.
Buy sideMetroCity Bankshares, Inc.
Target: First IC Corporation
TargetFirst IC Corporation
MetroCity Bankshares, Inc. · 12 Feb 2026Source
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Buy side: MetroCity Bankshares, Inc.
Buy sideMetroCity Bankshares, Inc.
Target: First IC Corporation
TargetFirst IC Corporation
01 / BuyerMetroCity Bankshares, Inc.
02 / TargetFirst IC Corporation
Source for the buyer and target: MetroCity Bankshares, Inc.

For the buyer and target.

“After the close of business on December 1, 2025, MetroCity Bankshares, Inc. (“Metro City”) (NASDAQ Global Select Market: MCBS) completed the acquisition of First IC Corporation, a Georgia corporation (“First IC”), pursuant to an Agreement and Plan of Reorganization, dated as of March 16, 2025 (the “Reorganization Agreement”), by and among Metro City, Metro City Bank, a Georgia state-chartered bank and wholly owned subsidiary of Metro City, First IC and First IC Bank, a Georgia state-chartered bank and wholly owned subsidiary of First IC.”

Published 12 Feb 2026

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01

What happened

MetroCity Bankshares, Inc. completed its acquisition of First IC Corporation on Dec. 1, 2025, through a merger in which First IC merged into Metro City. [01]

Equity-holder consideration included Metro City common stock and an aggregate of $111.9 million in cash. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · MetroCity Bankshares, Inc.

MetroCity Bankshares completes First IC Corporation acquisition

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Closed

    “MetroCity Bankshares completes First IC Corporation acquisition MetroCity Bankshares, Inc. completed its acquisition of First IC Corporation on Dec. 1, 2025, through a merger in which First IC merged into Metro City”

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  2. Published by MetroCity Bankshares, Inc.

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