Complete financial analysis of TC Bancshares, Inc. (TCBC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of TC Bancshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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TC Bancshares, Inc. (TCBC)
About TC Bancshares, Inc.
TC Bancshares, Inc. operates as the holding company for TC Federal Bank that provides various banking services for individual and commercial customers in the United States. It accepts various deposit products, including personal checking accounts, business checking accounts, savings accounts, money market accounts, and certificates of deposit. The company also offers lending products comprising single-family residential loans, home equity lines of credit, closed-end home equity loans, consumer loans, commercial and multi-family residential real estate loans, commercial and industrial loans, construction loans, land development loans, and SBA/USDA guaranteed loans. It operates one branch in Thomasville, Georgia, and one in Tallahassee, Florida, as well as loan production offices in Tallahassee, Florida and Savannah, Georgia. The company was founded in 1934 and is based in Thomasville, Georgia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 15.07M | 551.15K | 15.40M | 12.75M | 10.72M |
| Cost of Revenue | 162.91K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 14.91M | 551.15K | 15.40M | 12.75M | 10.72M |
| Gross Profit Ratio | 98.92% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 8.53M | 8.01M | 7.43M | 6.44M | 5.33M |
| Selling & Marketing | 0.00 | 240.00K | 269.00K | 253.00K | 282.00K |
| SG&A | 8.53M | 8.01M | 7.43M | 6.44M | 5.33M |
| Other Expenses | 6.54M | -5.42M | -19.37M | -18.85M | -14.47M |
| Operating Expenses | 14.53M | 2.59M | -11.94M | -12.41M | -9.14M |
| Cost & Expenses | 15.07M | 2.59M | -11.94M | -12.41M | -9.14M |
| Interest Income | 20.82M | 15.46M | 13.46M | 13.09M | 12.56M |
| Interest Expense | 6.89M | 1.36M | 1.02M | 2.36M | 3.10M |
| Depreciation & Amortization | 686.35K | 348.00K | 465.52K | 344.00K | 308.00K |
| EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 688.28% | 25.51% | 5.90% | 17.99% |
| Operating Income | 411.90K | 3.14M | 3.46M | 347.41K | 1.57M |
| Operating Income Ratio | 2.73% | 569.85% | 22.49% | 2.72% | 14.69% |
| Total Other Income/Expenses | -37.84K | -131.61K | -111.59K | 12.51K | -10.70K |
| Income Before Tax | 374.06K | 2.44M | 3.46M | 347.41K | 1.57M |
| Income Before Tax Ratio | 2.48% | 441.97% | 22.49% | 2.72% | 14.69% |
| Income Tax Expense | 108.23K | 675.47K | 823.01K | 39.75K | 366.65K |
| Net Income | 265.83K | 1.76M | 2.64M | 307.65K | 1.21M |
| Net Income Ratio | 1.76% | 319.41% | 17.15% | 2.41% | 11.27% |
| EPS | 0.06 | 0.36 | 0.60 | 0.05 | 0.19 |
| EPS Diluted | 0.06 | 0.36 | 0.60 | 0.05 | 0.19 |
| Weighted Avg Shares Out | 4.78M | 4.88M | 4.37M | 6.22M | 6.22M |
| Weighted Avg Shares Out (Dil) | 4.80M | 4.88M | 4.37M | 6.22M | 6.22M |
TC Bancshares: A New Small-Cap Bank With Strong Exposure To Residential Real Estate
Source: https://incomestatements.info
Category: Stock Reports