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About TC Bancshares, Inc.
TC Bancshares, Inc. intends to be savings and loan holding company for TC Federal Bank. The company is headquartered in Thomasville, Georgia and currently employs 65 full-time employees. The company went IPO on 2021-07-21. The Company, through its subsidiary TC Federal Bank (the Bank), operates a chartered savings bank. The Bank’s business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations in one-to-four family residential real estate loans, commercial real estate and multi-family loans, acquisition, development and land loans, commercial and industrial loans, home equity loans and lines of credit and consumer loans. The company conducts its business from its main office in Thomasville, Georgia as well as additional branch banking locations in Tallahassee, Florida and new branch locations in Jacksonville, Florida and Savannah, Georgia. Its investment portfolio includes United States treasury securities; securities issued by the United States government and its agencies or government sponsored enterprises, including mortgage-backed securities and collateralized mortgage obligations.
Industry: Savings Institution, Federally Chartered Peers: 1895 Bancorp of Wisconsin, Inc. /MD/ Catalyst Bancorp, Inc. FFBW, Inc. /MD/ FIDELITY FEDERAL BANCORP Home Federal Bancorp, Inc. of Louisiana LAKE SHORE BANCORP, INC. Skyline Bankshares, Inc. Rocket Companies, Inc.