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Mountain Commerce Bancorp , Inc. Announces Third Quarter 2021 Results And 4 % Increase in Quarterly Cash Dividend Knoxville , Tennessee , October 25 , 2021 - 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 nine months ended September 30 , 2021 . The Company also announced today that its Board of Directors declared a quarterly cash dividend of $ 0.14 per common share , representing a 4 % increase from the $ 0.135 cash dividend declared in the prior quarter and our third consecutive quarterly dividend increase . The dividend is payable on December 1 , 2021 to shareholders of record as of the close of business on November 8 , 2021 . Highlights The following tables highlight the trends that the Company believes are most relevant to understanding the performance of the Company as of and for the three and nine months ended September 30 , 2021. As further detailed in Appendix A and C to this press release , adjusted results ( which are non - GAAP financial measures ) , reflect adjustments for realized and unrealized investment gains and losses , the impact of PPP fee accretion ( net of the amortization of PPP deferred loan costs and one - time PPP bonuses ) , gains and losses from the sale of REO , the provision for ( recovery of ) loan losses , and the provision for ( recovery of ) unfunded loan commitments . See Appendix B to this press release for more information on our tax equivalent net interest margin . All financial information in this press release is unaudited .