First IC Corporation

First IC Corporation

FIEB
First IC CorporationUS flagOther OTC
20.49
USD
- -
- -
185.84MMarket Cap
First IC Corporation
FIEB
(Other OTC)

Recent

price

20.49

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
FRC
- -
- -
2.06
2.43
2.73
3.25
3.21
4.85
5.97
- -
Revenue per Share
- -
- -
0.68
0.76
0.9
1.03
0.74
1.95
2.36
- -
Basic EPS, GAAP
- -
- -
-1.01
1.56
0.35
-0.35
0.58
-0.01
1.94
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
3.96
4.52
5.08
6.23
6.71
8.42
10.86
- -
Book Value per Share
- -
- -
5.16
5.92
6.77
7.85
8.73
10.55
12.52
- -
Tangible Book Value per Share
- -
- -
11
11
11
10
10
10
9
- -
Basic Weighted Avg Shares
18
19
22
26
29
33
32
48
54
60
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1
- -
- -
- -
1
- -
- -
1
1
1
Depreciation Expense
5
6
7
8
10
10
7
19
21
25
Net Income, GAAP
38.34
35.16
37.98
37.27
25.1
26.85
24.88
24.68
23.02
25.86
Effective Tax Rate (%)
27.39
32.52
33.14
31.1
33.05
31.62
22.9
40.18
39.53
40.73
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
34
58
LT Debt
- -
47
55
63
72
79
86
105
114
130
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
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- -
- -
- -
- -
- -
- -
- -
- -
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Return on Capital (%)
- -
35.24
18.57
17.87
18.86
17.67
11.29
25.91
23.49
23.13
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
12.53%
14.18%
Free Cash Flow
- -
-6,694.86%
126.35%
Net Income, GAAP
- -
34.1%
14.76%
Sales/Revenue/Turnover
- -
17.07%
11.38%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
48
2022
- -
- -
- -
- -
54
2023
- -
- -
- -
- -
60

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
1.95
2022
- -
- -
- -
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2.36
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
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- -
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Business
First IC Corporation (FIEB) operates as the bank holding company for First IC Bank, a full-service community bank providing retail and commercial banking products and services to consumers, small to medium-sized businesses, and multi-ethnic communities primarily in the United States; core offerings include personal and business checking and savings accounts, certificates of deposit, IRA accounts, small business administration loans, commercial real estate loans, construction loans, business loans, personal installment loans, home loans, credit cards, payment services, order checks, ATM deposits, CDARS, and online/mobile banking. Founded in 2000 and headquartered in Doraville, Georgia, the bank maintains a network of 10 full-service branches across Georgia (Doraville, Duluth, Johns Creek, Suwanee, Norcross, Peachtree Parkway), Texas (Carrollton), New Jersey (Palisades Park), New York (Bayside), and California (Los Angeles), supplemented by loan production offices in Seattle, Washington, and Los Angeles, California, targeting thriving urban and immigrant communities in the Metro Atlanta area and select East and West Coast locations. In December 2025, MetroCity Bankshares Inc. (MCBS) completed its acquisition of First IC Corporation for approximately $200-210 million in a cash-and-stock transaction valued at around $22.71 per share, integrating First IC Bank's operations into MetroCity's expanded franchise with nearly $4.8 billion in total assets, $4.0 billion in loans, $3.6 billion in deposits, and 30 branches across Alabama, California, Florida, Georgia, New Jersey, New York, Texas, and Virginia, following regulatory approvals, shareholder approval in July 2025, and a definitive merger agreement signed in March 2025.