MetroCity Bankshares, Inc. Quarterly Interest Expense in USD from Q3 2018 to Q2 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
MetroCity Bankshares, Inc. quarterly/annual Interest Expense history and growth rate from Q3 2018 to Q2 2024.
  • MetroCity Bankshares, Inc. Interest Expense for the quarter ending June 30, 2024 was $23.4M, a 3.93% increase year-over-year.
  • MetroCity Bankshares, Inc. Interest Expense for the twelve months ending June 30, 2024 was $97.8M, a 48.7% increase year-over-year.
  • MetroCity Bankshares, Inc. annual Interest Expense for 2023 was $91.3M, a 231% increase from 2022.
  • MetroCity Bankshares, Inc. annual Interest Expense for 2022 was $27.6M, a 504% increase from 2021.
  • MetroCity Bankshares, Inc. annual Interest Expense for 2021 was $4.57M, a 60.2% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $97.8M $23.4M +$884K +3.93% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-07
Q1 2024 $96.9M $25.3M +$5.54M +28.1% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-07
Q4 2023 $91.3M $24.5M +$9.55M +63.7% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-11
Q3 2023 $81.8M $24.6M +$16M +189% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-07
Q2 2023 $65.7M $22.5M +$19.7M +703% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-07
Q1 2023 $46M $19.7M +$18.4M +1418% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-07
Q4 2022 $27.6M $15M +$13.8M +1113% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-11
Q3 2022 $13.9M $8.51M +$7.37M +650% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-07
Q2 2022 $6.48M $2.81M +$1.74M +164% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-04
Q1 2022 $4.73M $1.3M +$162K +14.2% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-08
Q4 2021 $4.57M $1.24M -$175K -12.4% Oct 1, 2021 Dec 31, 2021 10-K 2024-03-11
Q3 2021 $4.75M $1.14M -$1.06M -48.2% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-04
Q2 2021 $5.8M $1.06M -$2.18M -67.2% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-05
Q1 2021 $7.98M $1.14M -$3.51M -75.5% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-06
Q4 2020 $11.5M $1.41M -$4.27M -75.2% Oct 1, 2020 Dec 31, 2020 10-K 2023-03-10
Q3 2020 $15.8M $2.19M -$3.74M -63% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-05
Q2 2020 $19.5M $3.24M -$2.33M -41.8% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-09
Q1 2020 $21.8M $4.65M -$412K -8.15% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-10
Q4 2019 $22.2M $5.68M Oct 1, 2019 Dec 31, 2019 10-K 2022-03-11
Q3 2019 $5.93M +$2.08M +53.8% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-13
Q2 2019 $5.57M Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-13
Q1 2019 $5.06M Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-15
Q3 2018 $3.85M Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-08
* An asterisk sign (*) next to the value indicates that the value is likely invalid.