Mountain Commerce Bancorp, Inc (MCBI) Raises Quarterly Dividend 3.6% to $0.145; 1.9% Yield

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Mountain Commerce Bancorp, Inc. Announces Fourth Quarter 2021 Results And 4% Increase in Quarterly Cash Dividend

January 24, 2022 9:00 AM EST

KNOXVILLE, Tenn., Jan. 24, 2022 /PRNewswire/ -- Mountain Commerce Bancorp, Inc. (the "Company") (OTCQX: MCBI), the holding company for Mountain Commerce Bank (the "Bank"), today announced earnings and related data as of and for the three and twelve months ended December 31, 2021.

The Company also announced today that its Board of Directors declared a quarterly cash dividend of $0.145 per common share, representing a 4% increase from the $0.14 cash dividend per common share declared in the prior quarter and our fourth consecutive quarterly dividend increase.  The dividend is payable on March 1, 2022 to... More