TC Bancshares, Inc. (the "Company") is a holding company incorporated under the laws of the State of Georgia on March 5, 2021, to serve as the holding company for TC Federal Bank (the "Bank"). The Bank is a federally chartered savings bank headquartered in Thomasville, Georgia that opened in 1937.
Company profile
Ticker
TCBC
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
TCBC stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
17 May 24
10-Q
2024 Q1
Quarterly report
10 May 24
8-K
Departure of Directors or Certain Officers
17 Apr 24
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
10-K
2023 FY
Annual report
22 Mar 24
8-K
Announces Declaration of Semi-Annual Dividend
26 Dec 23
8-K
Announces Adoption of Repurchase Plan
15 Dec 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
10-Q
2023 Q2
Quarterly report
10 Aug 23
Latest ownership filings
4
Michael Sherman Penney
14 Feb 24
4
Gregory Eiford
14 Feb 24
4
Nathan Higdon
14 Feb 24
SC 13G/A
TC Bancshares / TC Bancshares ownership change
7 Feb 24
4
Joshua Travis Bryant
27 Nov 23
4
STEPHANIE B TILLMAN
27 Nov 23
4
Peter DeSantis
24 Nov 23
4
Scott Charles McLean
17 Nov 23
4
Jefferson Johnson
7 Jun 23
4
Joshua Travis Bryant
7 Jun 23
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
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Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 23.83 mm | 23.83 mm | 23.83 mm | 23.83 mm | 23.83 mm | 23.83 mm |
Cash burn (monthly) | 402.76 k | 233.48 k | (no burn) | 4.50 k | (no burn) | (no burn) |
Cash used (since last report) | 687.65 k | 398.64 k | n/a | 7.68 k | n/a | n/a |
Cash remaining | 23.14 mm | 23.43 mm | n/a | 23.82 mm | n/a | n/a |
Runway (months of cash) | 57.5 | 100.4 | n/a | 5297.2 | n/a | n/a |
Institutional ownership, Q2 2023
14.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 13 |
Opened positions | 1 |
Closed positions | 4 |
Increased positions | 6 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 8.65 bn |
Total shares | 604.68 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 197.58 k | $2.83 bn |
Southeast Asset Advisors | 164.80 k | $2.36 bn |
Maltese Capital Management | 65.00 k | $929.50 mm |
Oppenheimer & Close | 36.32 k | $519.38 mm |
Geode Capital Management | 35.97 k | $514.31 mm |
Thomasville National Bank | 31.21 k | $446.35 mm |
Stilwell Value | 20.00 k | $286.00 mm |
STT State Street | 15.30 k | $218.79 mm |
Brown Advisory | 13.59 k | $194.34 mm |
Arcus Capital Partners | 12.54 k | $179.29 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Dec 23 | Nathan Higdon | Common Stock | Payment of exercise | Dispose F | No | No | 13.99 | 1,461 | 20.44 k | 37,219 |
21 Dec 23 | Michael Sherman Penney | Common Stock | Payment of exercise | Dispose F | No | No | 13.99 | 390 | 5.46 k | 7,662 |
27 Nov 23 | Joshua Travis Bryant | Common Stock | Buy | Acquire P | No | No | 13 | 5,000 | 65.00 k | 33,610 |
24 Nov 23 | Stephanie B Tillman | Common Stock | Buy | Acquire P | No | No | 13 | 2,000 | 26.00 k | 20,570 |
21 Nov 23 | Peter DeSantis | Common Stock | Buy | Acquire P | No | No | 13 | 1,000 | 13.00 k | 22,570 |
21 Dec 22 | Joshua Travis Bryant | Director Stock Options Common Stock | Grant | Acquire A | No | No | 14.85 | 21,430 | 318.24 k | 21,430 |
21 Dec 22 | Stephanie B Tillman | Director Stock Option Common Stock | Grant | Acquire A | No | No | 14.85 | 21,430 | 318.24 k | 21,430 |
21 Dec 22 | Peter DeSantis | Director Stock Option Common Stock | Grant | Acquire A | No | No | 14.85 | 21,430 | 318.24 k | 21,430 |