Mountain Commerce Bancorp, Inc. Announces Second Quarter 2024 Results And Quarterly Cash Dividend

Knoxville, Tennessee, July 22, 2024 - Mountain Commerce Bancorp, Inc. (the "Company") (OTCQX: MCBI), the holding company for Mountain Commerce Bank (the "Bank"), today announced results and related data as of and for the three and six months ended June 30, 2024.

The Company also announced today that its Board of Directors declared a quarterly cash dividend of $0.05 per common share, its fifteenth consecutive quarterly dividend. The dividend is payable on September 2, 2024 to shareholders of record as of the close of business on August 5, 2024.