MetroCity Bankshares第二季淨收入增31.5%至2213萬美元 受惠收購First IC帶動

METROCITY BANKSHARES, INC._June 30, 2026
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Table of Contents

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-Q

(Mark One)
☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
​
For the quarterly period ended June 30, 2026
​
OR
​
☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
​
For the transition period from _______ to _______
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Commission File Number 001-39068

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METROCITY BANKSHARES, INC.
(Exact name of registrant as specified in its charter)

​
Georgia

47-2528408

(State or other jurisdiction of
incorporation)

(I.R.S. Employer
Identification No.)

​
​
5114 Buford Highway
Doraville, Georgia

30340

(Address of principal executive offices)

(Zip Code)

​
(770) 455-4989
(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:
​
​
​
​

Title of each class
Trading Symbol(s)
Name of each Exchange on which registered

Common Stock, par value $0.01 per share
MCBS
Nasdaq Global Select Market

​
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒  No ☐
​
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒  No ☐
​
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
​
Large accelerated filer 
☐
Accelerated filer 
☒
Non-accelerated filer 
☐
Smaller reporting company 
☐

​
​
​
​
​
​
​
​

Emerging growth company 
☐
​
​
​
​
​
​

​
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
​
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐  No ☒
​
As of August 4, 2026, the registrant had 28,781,229 shares of common stock, par value $0.01 per share, issued and outstanding.
​
​
​

​

Table of Contents

METROCITY BANKSHARES, INC.
Quarterly Report on Form 10-Q
June 30, 2026
TABLE OF CONTENTS
​
  ​ ​ ​
​
Page

Part I.
​
Financial Information
​

​
​
​
​

Item l.
​
Financial Statements:
​

​
​
Consolidated Balance Sheets as of June 30, 2026 (unaudited) and December 31, 2025
3

​
​
Consolidated Statements of Income (unaudited) for the Three and Six Months Ended June 30, 2026 and 2025
4

​
​
Consolidated Statements of Comprehensive Income (unaudited) for the Three and Six Months Ended June 30, 2026 and 2025 
5

​
​
Consolidated Statements of Shareholders’ Equity (unaudited) for the Three and Six Months Ended June 30, 2026 and 2025
6

​
​
Consolidated Statements of Cash Flows (unaudited) for the Six Months Ended June 30, 2026 and 2025 
7

​
​
Notes to Consolidated Financial Statements (unaudited)
9

Item 2.
​
Management’s Discussion and Analysis of Financial Condition and Results of Operations
33

Item 3.
​
Quantitative and Qualitative Disclosures about Market Risk
58

Item 4.
​
Controls and Procedures
59

​
​
​
​

Part II.
​
Other Information
​

​
​
​
​

Item 1.
​
Legal Proceedings
60

Item 1A.
​
Risk Factors
60

Item 2.
​
Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities 
60

Item 3.
​
Defaults Upon Senior Securities
61

Item 4.
​
Mine Safety Disclosures
61

Item 5.
​
Other Information
61

Item 6.
​
Exhibits
61

​
​
Signatures
62

​
​
​

2

Table of Contents

PART I - FINANCIAL INFORMATION
Item 1. Financial Statements
METROCITY BANKSHARES, INC.
CONSOLIDATED BALANCE SHEETS
(Dollars in thousands, except per share data)
​
​

​

​

​

​

​

​

​
​
June 30, 
​
December 31, 

​
  ​ ​ ​
2026
  ​ ​ ​
2025

​
​
(Unaudited)
​
​
​

Assets:
 
​
​
 
​
  ​

Cash and due from banks
​
$
 254,368
​
$
 370,832

Federal funds sold
​
 
 12,322
​
 
 12,844

Cash and cash equivalents
​
​
 266,690
​
 
 383,676

Equity securities
​
​
 18,481
​
​
 18,646

Securities available for sale
​
 
 26,183
​
 
 47,179

Loans held for sale
​
 
 1,350
​
 
 9,741

Loans, less allowance for credit losses of $25,818 and $27,843, respectively
​
 
 3,930,501
​
 
 4,023,554

Accrued interest receivable
​
 
 20,115
​
 
 20,298

Federal Home Loan Bank stock
​
 
 21,112
​
 
 27,565

Premises and equipment, net
​
 
 29,619
​
 
 29,879

Operating lease right-of-use asset
​
 
 14,040
​
 
 15,193

Foreclosed real estate, net
​
​
 1,300
​
​
 208

SBA and USDA servicing asset
​
 
 11,180
​
 
 10,601

Mortgage servicing asset, net
​
 
 1,308
​
 
 1,660

Bank owned life insurance
​
 
 77,066
​
 
 75,786

Goodwill
​
​
 56,048
​
​
 56,048

Core deposit intangibles
​
​
 11,991
​
​
 12,627

Interest rate derivatives
​
​
 4,791
​
​
 6,343

Other assets
​
 
 28,179
​
 
 29,396

Total assets
​
$
 4,519,954
​
$
 4,768,400

​
​
​
​
​
​
​

Liabilities:
​
 
  ​
​
 
  ​

Deposits:
​
 
  ​
​
 
  ​

Non-interest-bearing demand
​
$
 782,972
​
$
 780,828

Interest-bearing
​
 
 2,706,385
​
 
 2,865,173

Total deposits
​
 
 3,489,357
​
 
 3,646,001

​
​
​
​
​
​
​

Federal Home Loan Bank advances
​
​
 375,000
​
​
 510,000

Operating lease liability
​
 
 14,131
​
 
 15,306

Accrued interest payable
​
 
 7,537
​
 
 10,731

Other liabilities
​
 
 66,075
​
 
 42,178

Total liabilities
​
$
 3,952,100
​
$
 4,224,216

​
​
​
​
​
​
​

Shareholders’ Equity:
​
 
  ​
​
 
  ​

Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued or outstanding
​
​
 —
​
​
 —

Common stock, $0.01 par value, 40,000,000 shares authorized, 28,781,229 and 28,817,967 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
​
​
 288
​
​
 1,159

Additional paid-in capital
​
 
 136,123
​
 
 138,675

Retained earnings
​
 
 431,518
​
 
 402,684

Accumulated other comprehensive (loss) income 
​
 
 (75)
​
 
 1,666

Total shareholders’ equity
​
 
 567,854
​
 
 544,184

Total liabilities and shareholders’ equity
​
$
 4,519,954
​
$
 4,768,400

​
See accompanying notes to unaudited consolidated financial statements.

3

Table of Contents

METROCITY BANKSHARES, INC.
CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
(Dollars in thousands, except per share data)
​
​

​

​

​

​

​

​

​

​

​

​

​

​

​
​
Three Months Ended 
​
Six Months Ended 

​
​
June 30, 
​
June 30, 

​
  ​ ​ ​
2026
  ​ ​ ​
2025
  ​ ​ ​
2026
  ​ ​ ​
2025

Interest and dividend income:
​
​
​
​
  ​
​
​
  ​
​
​
  ​
​

Loans, including fees
​
$
 67,312
​
$
 50,936
​
$
 134,451
​
$
 101,189

Other investment income
​
 
 2,972
​
 
 2,970
​
 
 6,702
​
 
 5,096

Federal funds sold
​
​
 121
​
 
 143
​
 
 242
​
 
 283

Total interest income
​
 
 70,405
​
 
 54,049
​
 
 141,395
​
 
 106,568

​
​
​
​
​
​
​
​
​
​
​
​
​

Interest expense:
​
​
​
​
​
​
​
​
​
​
​
​

Deposits
​
 
 22,140
​
 
 17,496
​
 
 44,217
​
 
 35,473

FHLB advances and other borrowings
​
 
 4,224
​
 
 4,375
​
 
 8,650
​
 
 8,363

Total interest expense
​
 
 26,364
​
 
 21,871
​
 
 52,867
​
 
 43,836

​
​
​
​
​
​
​
​
​
​
​
​
​

Net interest income
​
 
 44,041
​
 
 32,178
​
 
 88,528
​
 
 62,732

​
​
​
​
​
​
​
​
​
​
​
​
​

Provision for credit losses:
​
​
​
​
​
​
​
​
​
​
​
​

Provision for loan losses
​
​
 (981)
​
​
 216
​
​
 (1,850)
​
​
 233

Provision for unfunded commitments
​
​
 189
​
​
 (87)
​
​
 245
​
​
 31

Provision for credit losses
​
 
 (792)
​
 
 129
​
 
 (1,605)
​
 
 264

​
​
​
​
​
​
​
​
​
​
​
​
​

Net interest income after provision for credit losses
​
 
 44,833
​
 
 32,049
​
 
 90,133
​
 
 62,468

​
​
​
​
​
​
​
​
​
​
​
​
​

Noninterest income:
​
​
​
​
​
​
​
​
​
​
​
​

Service charges on deposit accounts
​
 
 958
​
 
 505
​
 
 1,806
​
 
 1,005

Other service charges, commissions and fees
​
 
 1,428
​
 
 1,620
​
 
 3,009
​
 
 3,216

Gain on sale of residential mortgage loans
​
 
 —
​
 
 579
​
 
 —
​
 
 978

Mortgage servicing income, net
​
 
 271
​
 
 781
​
 
 577
​
 
 1,399

Gain on sale of SBA loans
​
 
 1,536
​
 
 643
​
 
 2,581
​
 
 1,301

SBA servicing income, net
​
 
 728
​
 
 642
​
 
 2,633
​
 
 1,555

Other income
​
 
 834
​
 
 963
​
 
 1,506
​
 
 1,735

Total noninterest income
​
 
 5,755
​
 
 5,733
​
 
 12,112
​
 
 11,189

​
​
​
​
​
​
​
​
​
​
​
​
​

Noninterest expense:
​
​
​
​
​
​
​
​
​
​
​
​

Salaries and employee benefits
​
 
 11,344
​
 
 8,554
​
 
 22,845
​
 
 17,047

Occupancy and equipment
​
 
 2,328
​
 
 1,380
​
 
 4,762
​
 
 2,797

Data processing
​
 
 535
​
 
 329
​
 
 1,217
​
 
 674

Advertising
​
 
 178
​
 
 149
​
 
 401
​
 
 316

Merger-related expenses
​
​
 270
​
​
 333
​
​
 1,946
​
​
 595

Other expenses
​
 
 5,302
​
 
 3,368
​
 
 10,224
​
 
 6,483

Total noninterest expense
​
 
 19,957
​
 
 14,113
​
 
 41,395
​
 
 27,912

​
​
​
​
​
​
​
​
​
​
​
​
​

Income before provision for income taxes
​
 
 30,631
​
 
 23,669
​
 
 60,850
​
 
 45,745

Provision for income taxes
​
 
 8,500
​
 
 6,843
​
 
 16,405
​
 
 12,622

Net income available to common shareholders
​
$
 22,131
​
$
 16,826
​
$
 44,445
​
$
 33,123

​
​
​
​
​
​
​
​
​
​
​
​
​

Earnings per share:
​
​
​
​
​
​
​
​
​
​
​
​

Basic
​
$
 0.77
​
$
 0.66
​
$
 1.55
​
$
 1.30

Diluted
​
$
 0.76
​
$
 0.65
​
$
 1.53
​
$
 1.29

See accompanying notes to unaudited consolidated financial statements.

4

Table of Contents

METROCITY BANKSHARES, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)
(Dollars in thousands)
​
​

​

​

​

​

​

​

​

​

​

​

​

​

​
​
Three Months Ended 
​
Six Months Ended 

​
​
June 30, 
​
June 30, 

​
  ​ ​ ​
2026
  ​ ​ ​
2025
  ​ ​ ​
2026
  ​ ​ ​
2025

​
​
​
​
​
​
​
​
​
​
​
​
​

Net income
​
$
 22,131
​
$
 16,826
​
$
 44,445
​
$
 33,123

​
​
​
​
​
​
​
​
​
​
​
​
​

Other comprehensive loss
​
​
​
​
 
​
​
 
​
​
 
​

​
​
​
​
​
​
​
​
​
​
​
​
​

Unrealized holding gains (losses) on securities available for sale 
​
 
 188
​
 
 (268)
​
 
 (233)
​
 
 (226)

Realized gain on sale of securities available for sale
​
​
 —
​
​
 —
​
​
 (10)
​
​
 —

Net changes in fair value of cash flow hedges
​
​
 (1,152)
​
​
 (4,417)
​
​
 (2,216)
​
​
 (10,052)

Tax effect
​
 
 300
​
 
 1,312
​
 
 718
​
 
 2,686

​
​
​
​
​
​
​
​
​
​
​
​
​

Other comprehensive loss
​
 
 (664)
​
 
 (3,373)
​
 
 (1,741)
​
 
 (7,592)

​
​
​
​
​
​
​
​
​
​
​
​
​

Comprehensive income
​
$
 21,467
​
$
 13,453
​
$
 42,704
​
$
 25,531

​
See accompanying notes to unaudited consolidated financial statements.
​

5

Table of Contents

METROCITY BANKSHARES, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Unaudited)
(Dollars in thousands, except per share data)
​
​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​
​
​
​
​
​
​
​
​
​
​
​
​
Accumulated
​
​
​

​
​
Common Stock
​
Additional
​
​
​
​
Other
​
​
​

​
​
Number of
​
​
​
​
Paid-in
​
Retained
​
Comprehensive
​
​
​

​
  ​ ​ ​
Shares
  ​ ​ ​
Amount
​
Capital
  ​ ​ ​
Earnings
​
Income (Loss)
  ​ ​ ​
Total

Three Months Ended:
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​

Balance, April 1, 2026
 
 28,660,042
​
$
 286
​
$
 135,531
​
$
 417,750
​
$
 589
​
$
 554,156

Net income
 
 —
​
 
 —
​
 
 —
​
 
 22,131
​
 
 —
​
 
 22,131

Stock based compensation expense
 
 —
​
 
 —
​
 
 594
​
 
 —
​
 
 —
​
 
 594

Vesting of restricted stock
 
 121,187
​
​
 2
​
​
 (2)
​
​
 —
​
 
 —
​
 
 —

Other comprehensive loss
 
 —
​
 
 —
​
 
 —
​
 
 —
​
 
 (664)
​
 
 (664)

Dividends declared on common stock ($0.29 per share)
​
 —
​
 
 —
​
 
 —
​
 
 (8,363)
​
 
 —
​
 
 (8,363)

Balance, June 30, 2026
 
 28,781,229
​
$
 288
​
$
 136,123
​
$
 431,518
​
$
 (75)
​
$
 567,854

​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​

Balance, April 1, 2025
 
 25,402,782
​
$
 254
​
$
 49,645
​
$
 369,110
​
$
 8,960
​
$
 427,969

Net income
 
 —
​
 
 —
​
 
 —
​
 
 16,826
​
 
 —
​
 
 16,826

Stock based compensation expense
 
 —
​
 
 —
​
 
 599
​
 
 —
​
 
 —
​
 
 599

Vesting of restricted stock
 
 136,238
​
​
 1
​
​
 (1)
​
​
 —
​
 
 —
​
 
 —

Repurchase of common stock
​
 (1,274)
​
​
 —
​
​
 (31)
​
​
 —
​
​
 —
​
​
 (31)

Other comprehensive loss
​
 —
​
 
 —
​
 
 —
​
 
 —
​
 
 (3,373)
​
 
 (3,373)

Dividends declared on common stock ($0.23 per share)
​
 —
​
 
 —
​
 
 —
​
 
 (5,890)
​
 
 —
​
 
 (5,890)

Balance, June 30, 2025
 
 25,537,746
​
$
 255
​
$
 50,212
​
$
 380,046
​
$
 5,587
​
$
 436,100

​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​

Six Months Ended:
 
  ​
​
 
  ​
​
 
  ​
​
 
  ​
​
 
  ​
​
 
  ​

Balance, January 1, 2026
 
 28,817,967
​
$
 1,159
​
$
 138,675
​
$
 402,684
​
$
 1,666
​
$
 544,184

Net income
 
 —
​
 
 —
​
​
 —
​
 
 44,445
​
 
 —
​
 
 44,445

Adjustment for shares issued related to the First IC acquisition
​
 —
​
​
 (871)
​
​
 871
​
​
 —
​
​
 —
​
​
 —

Stock based compensation expense
 
 —
​
 
 —
​
 
 1,020
​
 
 —
​
 
 —
​
 
 1,020

Vesting of restricted stock
 
 121,187
​
​
 2
​
​
 (2)
​
 
 —
​
 
 —
​
 
 —

Repurchase of common stock
​
 (157,925)
​
​
 (2)
​
​
 (4,441)
​
​
 —
​
​
 —
​
​
 (4,443)

Other comprehensive loss
 
 —
​
 
 —
​
​
 —
​
 
 —
​
 
 (1,741)
​
 
 (1,741)

Dividends declared on common stock ($0.54 per share)
 
 —
​
 
 —
​
​
 —
​
 
 (15,611)
​
 
 —
​
 
 (15,611)

Balance, June 30, 2026
 
 28,781,229
​
$
 288
​
$
 136,123
​
$
 431,518
​
$
 (75)
​
$
 567,854

​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​
​

Balance, January 1, 2025
 
 25,402,782
​
$
 254
​
$
 49,216
​
$
 358,704
​
$
 13,179
​
$
 421,353

Net income
 
 —
​
 
 —
​
​
 —
​
 
 33,123
​
 
 —
​
 
 33,123

Stock based compensation expense
 
 —
​
 
 —
​
 
 1,028
​
 
 —
​
 
 —
​
 
 1,028

Vesting of restricted stock
 
 136,238
​
​
 1
​
​
 (1)
​
 
 —
​
 
 —
​
 
 —

Repurchase of common stock
​
 (1,274)
​
​
 —
​
​
 (31)
​
​
 —
​
​
 —
​
​
 (31)

Other comprehensive loss
 
 —
​
 
 —
​
​
 —
​
 
 —
​
 
 (7,592)
​
 
 (7,592)

Dividends declared on common stock ($0.46 per share)
​
 —
​
 
 —
​
​
 —
​
 
 (11,781)
​
 
 —
​
 
 (11,781)

Balance, June 30, 2025
 
 25,537,746
​
$
 255
​
$
 50,212
​
$
 380,046
​
$
 5,587
​
$
 436,100

See accompanying notes to unaudited consolidated financial statements.
​

6

Table of Contents

METROCITY BANKSHARES, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
(Dollars in thousands)
​
​

​

​

​

​

​

​

​
​
Six Months Ended June 30, 

​
  ​ ​ ​
2026
  ​ ​ ​
2025

Cash flow from operating activities:
 
​
  ​
 
​
  ​

Net income
​
$
 44,445
​
$
 33,123

Adjustments to reconcile net income to net cash provided by operating activities:
​
​
​
​
​
​

Depreciation, amortization and accretion
​
 
 (789)
​
 
 1,682

Provision (recovery) for credit losses
​
​
 (1,605)
​
 
 264

Stock based compensation expense
​
 
 1,020
​
 
 1,028

Unrealized (gains) losses recognized on equity securities
​
​
 165
​
​
 (181)

Gain on sale of securities
​
 
 (10)
​
 
 —

Write-down of foreclosed real estate
​
​
 93
​
​
 (28)

Gain on sale of residential real estate loans
​
 
 —
​
 
 (978)

Origination of SBA loans held for sale
​
 
 (35,750)
​
 
 (28,861)

Proceeds from sales of SBA loans held for sale
​
 
 45,372
​
 
 33,600

Gain on sale of SBA loans
​
 
 (2,581)
​
 
 (1,301)

Increase in cash value of bank owned life insurance
​
 
 (1,280)
​
 
 (1,235)

(Increase) decrease in accrued interest receivable
​
 
 183
​
 
 (670)

(Increase) decrease in SBA and USDA servicing rights
​
 
 (579)
​
 
 451

(Increase) decrease in mortgage servicing rights
​
 
 352
​
 
 (267)

(Increase) decrease in state tax credits
​
​
 2,191
​
​
 (11,455)

Increase in other assets
​
 
 (255)
​
 
 (1,674)

Decrease in accrued interest payable
​
 
 (3,194)
​
 
 (60)

Increase in other liabilities
​
 
 22,948
​
 
 2,924

Net cash flow provided by operating activities
​
 
 70,726
​
 
 26,362

​
​
​
​
​
​
​

Cash flow from investing activities:
​
 
  ​
​
 
​

Purchases of equity securities
​
​
 —
​
​
 (8,000)

Proceeds from maturities, calls or paydowns of securities available for sale
​
 
 1,574
​
 
 2,106

Proceeds from sales of securities available for sale
​
​
 19,328
​
​
 —

Redemption (purchase) of Federal Home Loan Bank stock
​
 
 6,453
​
 
 (2,442)

Proceeds from sales of residential real estate loans
​
 
 —
​
 
 95,338

Decrease (increase) in loans, net
​
​
 97,312
​
 
 (68,638)

Purchases of premises and equipment
​
 
 (733)
​
 
 (188)

Proceeds from sales of foreclosed real estate owned
​
​
 —
​
​
 1,735

Net cash flow provided by investing activities
​
 
 123,934
​
 
 19,911

​
​
​
​
​
​
​

Cash flow from financing activities:
​
 
  ​
​
 
  ​

Dividends paid on common stock
​
 
 (15,559)
​
 
 (11,685)

Repurchases of common stock
​
​
 (4,443)
​
​
 (31)

Decrease in deposits, net
​
 
 (156,644)
​
 
 (47,305)

Premiums paid for interest rate caps
​
​
 —
​
​
 (1,116)

Proceeds from Federal Home Loan Bank advances
​
​
 —
​
​
 100,000

Repayments of Federal Home Loan Bank advances
​
 
 (135,000)
​
 
 (50,000)

Net cash flow used by financing activities
​
 
 (311,646)
​
 
 (10,137)

​
Continued to following page.
​

7

Table of Contents

METROCITY BANKSHARES, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
(Dollars in thousands)
​
​

​

​

​

​

​

​

​
​
Six Months Ended June 30, 

​
  ​ ​ ​
2026
  ​ ​ ​
2025

​
​
​
​
​
​
​

Net change in cash and cash equivalents
 
​
 (116,986)
 
​
 36,136

Cash and cash equivalents at beginning of period
 
​
 383,676
 
​
 249,875

​
​
​
​
​
​
​

Cash and cash equivalents at end of period
​
$
 266,690
​
$
 286,011

​
​
​
​
​
​
​

Supplemental schedule of noncash investing and financing activities:
​
​
​
​
​
​

​
​
​
​
​
​
​

Transfer of loans held for investment to loans held for sale
​
$
 1,350
​
$
 102,786

Transfer of loan principal to foreclosed real estate, n