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Red Flags Detected

  • Departure Of Cfo (new) — The Chief Financial Officer resigned with only 11 days' notice and no disclosed reason for departure.
NASDAQ: MCBS MetroCity Bankshares, Inc. 8-K

MetroCity Bankshares CFO Lucas Stewart resigns; President Farid Tan named interim CFO

Filed March 26, 2026 · Period ending March 23, 2026 · ~1 min read

Key Changes

  • high

    CFO Lucas Stewart resigned effective April 3, 2026, with no reason disclosed for the departure. The resignation was tendered March 23, giving approximately 11 days' notice.

    Item 5.02 verify on EDGAR →
  • high

    President Farid Tan appointed interim CFO on March 24, 2026, to serve until permanent replacement found. Tan, 68, previously held the CFO role from July 2019 to October 2021.

    Item 5.02 verify on EDGAR →
  • medium

    Tan brings over 40 years of banking experience and has served as President since the bank's inception in 2006, providing continuity during the CFO transition.

    Item 5.02 verify on EDGAR →

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View original filing on SEC.gov

Source-verified from EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify