Touchstone Bankshares, Inc. (TSBA) Income Statement Analysis

See more : Ningbo Xianfeng New Material Co.,Ltd (300163.SZ) Income Statement Analysis – Financial Results

Complete financial analysis of Touchstone Bankshares, Inc. (TSBA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Touchstone Bankshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.

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Touchstone Bankshares, Inc. (TSBA)

Industry: Banks - Regional

Sector: Financial Services

Website: https://www.touchstone.bank

About Touchstone Bankshares, Inc.

Touchstone Bankshares, Inc. operates as the bank holding company for Touchstone Bank that provides various community banking products and services in the United States. The company offers personal and business savings and checking accounts. It also provides home mortgage, home equity, auto, and personal term loans; personal lines of credit; and business loans comprising commercial real estate, business term, operating capital, and construction loans, as well as business lines of credit. In addition, the company offers online and mobile banking, card, treasury, and financial planning services. It has 13 branches in northern North Carolina and south-central Virginia. The company was founded in 1906 and is headquartered in Prince George, Virginia.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	23.38M	26.74M	24.55M	23.81M	23.66M	21.73M	13.42M	10.97M	10.58K	10.59K	10.41K	7.94M	1.70M	7.26M	7.02M	6.77M	6.56M	5.75M	1.42M
Cost of Revenue	8.60M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	14.78M	26.74M	24.55M	23.81M	23.66M	21.73M	13.42M	10.97M	10.58K	10.59K	10.41K	7.94M	1.70M	7.26M	7.02M	6.77M	6.56M	5.75M	1.42M
Gross Profit Ratio	63.21%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	2.77M	812.00K	716.00K	628.00K	492.00K	0.00	1.03K	1.00K	1.02K	944.85	868.04	4.14M	3.39M	3.35M	3.20M	3.01M	2.83M	2.46M	0.00
Selling & Marketing	13.87K	12.99K	10.88K	10.44K	10.94K	0.00	5.92K	5.61K	5.84K	5.94K	5.69K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	16.84M	812.00K	716.00K	628.00K	492.00K	9.94K	6.95K	6.62K	6.87K	6.88K	6.56K	4.14M	3.39M	3.35M	3.20M	3.01M	2.83M	2.46M	0.00
Other Expenses	-6.99M	-5.60M	-5.96M	-5.01M	-4.93M	-7.06M	0.00	-2.11M	0.00	0.00	0.00	-10.38M	-3.25M	-8.77M	-8.28M	-7.95M	-7.45M	-6.57M	-916.00K
Operating Expenses	21.53M	5.60M	5.96M	5.01M	4.93M	7.06M	10.00K	2.11M	8.09K	7.95K	7.96K	-6.24M	145.75K	-5.42M	-5.09M	-4.95M	-4.62M	-4.11M	-916.00K
Cost & Expenses	21.53M	22.09M	19.40M	21.09M	19.60M	20.15M	11.68M	8.48M	8.09K	7.95K	7.96K	-6.24M	145.75K	-5.42M	-5.09M	-4.95M	-4.62M	-4.11M	-916.00K
Interest Income	0.00	23.08M	21.01M	20.95M	20.55M	18.84M	0.00	0.00	0.00	0.00	0.00	10.02M	9.85M	9.12M	7.88M	7.09M	6.61M	6.98M	6.17M
Interest Expense	0.00	2.48M	2.21M	3.09M	3.41M	2.15M	0.00	0.00	0.00	0.00	0.00	3.95M	4.03M	3.33M	2.29M	1.74M	1.62M	2.11M	2.50M
Depreciation & Amortization	-2.19M	1.17M	1.24M	1.27M	1.30M	-1.58K	-3.20K	575.08K	-2.57K	-2.62K	-2.69K	501.57K	447.75K	472.65K	476.60K	472.30K	453.31K	398.86K	0.00
EBITDA	-352.00K	0.00	0.00	0.00	0.00	0.00	4.79M	-92.78	-99.57	9.75	-249.50	0.00	0.00	0.00	0.00	0.00	0.00	0.00	505.00K
EBITDA Ratio	-1.51%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.01%	0.00%	-0.94%	0.09%	-2.40%	27.67%	134.81%	31.83%	34.28%	33.93%	36.41%	35.47%	35.54%
Operating Income	2.19M	4.78K	5.66K	2.94K	4.17K	1.58K	3.20K	2.57K	2.57K	2.62K	2.69K	1.70M	1.85M	1.84M	1.93M	1.83M	1.93M	1.64M	505.00K
Operating Income Ratio	9.36%	0.02%	0.02%	0.01%	0.02%	0.01%	0.02%	0.02%	24.32%	24.73%	25.85%	21.35%	108.55%	25.32%	27.49%	26.96%	29.49%	28.54%	35.54%
Total Other Income/Expenses	-343.00K	4.56M	5.47M	2.72M	4.03M	-7.11M	-3.05M	-1.28M	2.48M	2.64M	2.45M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income Before Tax	1.85M	4.56M	5.47M	2.72M	4.03M	1.53M	1.74M	2.49M	2.48K	2.64K	2.45K	1.70M	1.85M	1.84M	1.93M	1.83M	1.93M	1.64M	505.00K
Income Before Tax Ratio	7.90%	17.05%	22.28%	11.44%	17.03%	7.06%	12.96%	22.70%	23.47%	24.91%	23.54%	21.35%	108.55%	25.32%	27.49%	26.96%	29.49%	28.54%	35.54%
Income Tax Expense	238.00K	509.00K	1.02M	435.00K	743.00K	286.81K	411.33K	765.88K	762.69	759.54	751.61	442.83K	557.59K	570.59K	605.65K	576.54K	633.33K	525.48K	-445.00K
Net Income	1.60M	4.05M	4.45M	2.29M	3.29M	1.25M	1.33M	1.72M	1.71K	1.87K	1.69K	1.25M	1.29M	1.27M	1.32M	1.25M	1.30M	1.12M	950.00K
Net Income Ratio	6.84%	15.15%	18.12%	9.61%	13.89%	5.74%	9.90%	15.72%	16.17%	17.65%	16.23%	15.77%	75.84%	17.46%	18.86%	18.44%	19.83%	19.40%	66.85%
EPS	0.49	1.24	1.33	0.69	0.99	0.38	0.64	0.91	0.89	0.97	0.88	0.65	0.67	0.66	0.69	0.65	0.67	0.74	0.70
EPS Diluted	0.49	1.23	1.32	0.68	0.98	0.37	0.63	0.90	0.89	0.97	0.88	0.65	0.67	0.66	0.69	0.65	0.67	0.74	0.70
Weighted Avg Shares Out	3.26M	3.25M	3.33M	3.33M	3.32M	3.31M	2.09M	1.90M	1.92K	1.93K	1.92K	1.93M	1.93M	1.92M	1.92M	1.92M	1.93M	1.51M	1.36M
Weighted Avg Shares Out (Dil)	3.27M	3.28M	3.36M	3.36M	3.35M	3.34M	2.12M	1.93M	1.93K	1.93K	1.93K	1.93M	1.93M	1.93M	1.93M	1.93M	1.93M	1.51M	1.36M

Touchstone Bankshares, Inc. and Touchstone Bank Announce Management Changes

September 8, 2023prnewswire.com

PRINCE GEORGE, Va., Sept. 8, 2023 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA) and its wholly owned subsidiary, Touchstone Bank (the "Bank"), today announced the promotion of Shauna Robertson from Senior Vice President and Director of Human Resources to Executive...