2024 Q1 Form 10-K Financial Statement

#000095017024035094 Filed on March 22, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $6.045M $20.82M
YoY Change 23.05% 34.67%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $137.0K $206.4K $468.0K
YoY Change -11.34% -15.64% 34.48%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $2.655M $6.892M
YoY Change 110.36% 407.91%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $24.89K -$146.9K $374.1K
YoY Change -94.5% -8.13% -84.64%
Income Tax $2.651K -$28.54K $108.2K
% Of Pretax Income 10.65% 28.93%
Net Earnings $22.24K -$118.3K $265.8K
YoY Change -93.3% -49.21% -84.9%
Net Earnings / Revenue 0.37% 1.28%
Basic Earnings Per Share $0.01 $0.06
Diluted Earnings Per Share $0.01 -$0.03 $0.06
COMMON SHARES
Basic Shares Outstanding 4.321M 4.550M 4.784M
Diluted Shares Outstanding 4.361M 4.796M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $23.83M $25.04M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $4.715M $4.783M $6.728M
YoY Change 18.45% 52.69% 114.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $474.7M $466.6M $466.6M
YoY Change 10.46% 8.6% 8.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.478M $3.978M $3.978M
YoY Change -42.31% -11.6% -11.6%
Accrued Expenses $2.071M $2.102M $2.102M
YoY Change 5.97%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.549M $6.080M $6.080M
YoY Change -30.49% 35.13% 35.13%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $5.549M $6.080M $6.080M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $396.8M $386.9M $386.9M
YoY Change 15.39% 12.37% 12.37%
SHAREHOLDERS EQUITY
Retained Earnings $42.33M $42.86M
YoY Change -7.12% -6.57%
Common Stock $43.21K $44.62K
YoY Change -13.13% -11.64%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change -100.0%
Treasury Stock Shares
Shareholders Equity $77.84M $79.63M $79.63M
YoY Change
Total Liabilities & Shareholders Equity $474.7M $466.6M $466.6M
YoY Change 10.46% 8.6% 8.6%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $22.24K -$118.3K $265.8K
YoY Change -93.3% -49.21% -84.9%
Depreciation, Depletion And Amortization $137.0K $206.4K $468.0K
YoY Change -11.34% -15.64% 34.48%
Cash From Operating Activities $1.372M $522.1K $4.032M
YoY Change -68.89% 995.99% -8.73%
INVESTING ACTIVITIES
Capital Expenditures $64.15K $45.28K $2.125M
YoY Change -93.14% -41.75% 733.17%
Acquisitions
YoY Change
Other Investing Activities -$10.75M -$18.23M -$35.39M
YoY Change -799.3% -14.99% -48.99%
Cash From Investing Activities -$10.81M -$18.27M -$37.51M
YoY Change -1897.2% -15.09% -46.12%
FINANCING ACTIVITIES
Cash Dividend Paid $223.1K
YoY Change -11.64%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 8.234M 25.57M 32.97M
YoY Change -309.77% 9.83% -32.51%
NET CHANGE
Cash From Operating Activities 1.372M 522.1K 4.032M
Cash From Investing Activities -10.81M -18.27M -37.51M
Cash From Financing Activities 8.234M 25.57M 32.97M
Net Change In Cash -1.208M 7.823M -506.7K
YoY Change -211.17% 331.25% -96.9%
FREE CASH FLOW
Cash From Operating Activities $1.372M $522.1K $4.032M
Capital Expenditures $64.15K $45.28K $2.125M
Free Cash Flow $1.308M $476.9K $1.907M
YoY Change -62.35% -1684.75% -54.19%

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CY2022 us-gaap Gain Loss On Sale Of Mortgage Loans
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CY2022 us-gaap Payments For Proceeds From Loans And Leases
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CY2022 us-gaap Payments Of Capital Distribution
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CY2022 tcbc Repurchase And Retirement Of Common Stock
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CY2023 tcbc Repurchase Of Stock For Tax Obligation On Restricted Shares
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CY2022 tcbc Repurchase Of Stock For Tax Obligation On Restricted Shares
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Proceeds From Income Tax Refunds
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CY2022 us-gaap Transfer To Other Real Estate
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CY2022 tcbc Change In Unrealized Gains Loss On Securities Available For Sale Net Of Tax
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CY2023 tcbc Change In Defined Benefit Pension Obligations Net Of Tax
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CY2022 tcbc Change In Defined Benefit Pension Obligations Net Of Tax
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CY2023Q4 tcbc Change In Allowance For Credit Losses Due To Adoption Of New Asu
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CY2023 us-gaap Nature Of Operations
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<p style="margin-left:2.253%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Nature of Operations:</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">TC Bancshares, Inc. (the "Company") is a holding company incorporated under the laws of the State of Georgia in 2021, to serve as the holding company for TC Federal Bank (the "Bank"). The Company owns </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">100</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% of the outstanding stock of the Bank. The Bank opened in 1934 and was chartered by the Federal Home Loan Bank Board as a mutual savings and loan association owned 100% by its depositors. The Bank currently operates four branch locations; in Thomasville, and Savannah, Georgia, as well as in Tallahassee, and Jacksonville, Florida. In addition, the Bank maintains loan production offices in Tallahassee and Jacksonville, Florida. The Bank's primary lending products consist of single-family residential mortgage loans and commercial and multi-family real estate loans. Its deposit products are the primary source of funding. The Bank is regulated by the Office of the Comptroller of the Currency (“OCC”) and its deposits are insured by the Federal Deposit Insurance Corporation (“FDIC”). The Bank undergoes periodic examinations by the OCC. The Company is subject to the supervision, examination, and reporting requirements of the Bank Holding Company Act and the regulations of the Board of Governors of the Federal Reserve System (the "Federal Reserve").</span></p>
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
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CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
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CY2023Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
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CY2023Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
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CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
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CY2023Q4 tcbc Other Real Estate Owned Fair Value Disclosure
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CY2022Q4 tcbc Other Real Estate Owned Fair Value Disclosure
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CY2023 us-gaap Origination Of Loans To Employee Stock Ownership Plans
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CY2023 us-gaap Prior Period Reclassification Adjustment Description
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<p style="margin-left:2.253%;font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Reclassifications:</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="margin-left:2.253%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Certain prior period amounts have been reclassified to conform to the current period presentation.</span></p>
CY2023 us-gaap Subsequent Event Description
SubsequentEventDescription
As of the time of filing, there were no material, reportable subsequent events.
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CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
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CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
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CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
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CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
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CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
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CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
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CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
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CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
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CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
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CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
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CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
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CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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CY2023Q4 us-gaap Available For Sale Securities Debt Securities
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CY2023Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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CY2023Q4 tcbc Gross Loans Receivable Percentage
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1
CY2022Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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CY2022Q4 tcbc Gross Loans Receivable Percentage
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1
CY2023Q4 us-gaap Loans And Leases Receivable Allowance
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CY2022Q4 us-gaap Loans And Leases Receivable Allowance
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CY2023Q4 us-gaap Loans And Leases Receivable Deferred Income
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CY2022Q4 us-gaap Loans And Leases Receivable Deferred Income
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CY2023Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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CY2022Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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CY2023Q4 tcbc Accrued Interest On Loans
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CY2022Q4 tcbc Accrued Interest On Loans
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1100000
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
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CY2023Q4 tcbc Change In Allowance For Credit Losses Due To Adoption Of New Asu
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CY2023 us-gaap Allowance For Loan And Lease Losses Write Offs
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CY2023 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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CY2023 us-gaap Provision For Loan And Lease Losses
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CY2023Q4 us-gaap Loans And Leases Receivable Allowance
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CY2021Q4 us-gaap Loans And Leases Receivable Allowance
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CY2022 us-gaap Allowance For Loan And Lease Losses Write Offs
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CY2022 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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CY2022 us-gaap Provision For Loan And Lease Losses
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CY2022Q4 us-gaap Loans And Leases Receivable Allowance
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CY2023Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
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CY2023Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
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CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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CY2022Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
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CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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4362178
CY2023Q4 tcbc Collateral Dependent Financing Receivable Unpaid Principal Balance
CollateralDependentFinancingReceivableUnpaidPrincipalBalance
559689
CY2023Q4 tcbc Collateral Dependent Financing Receivable With No Related Allowance
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541689
CY2023Q4 tcbc Collateral Dependent Financing Receivable With Related Allowance
CollateralDependentFinancingReceivableWithRelatedAllowance
18000
CY2023Q4 tcbc Collateral Dependent Financing Receivable Related Allowance
CollateralDependentFinancingReceivableRelatedAllowance
4986
CY2022Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
0
CY2022Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
0
CY2022Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
1137816
CY2022Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
1137816
CY2022Q4 tcbc Impaired Financing Receivable With No Related Allowance
ImpairedFinancingReceivableWithNoRelatedAllowance
0
CY2023Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
378068634
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
1288172
CY2022Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
339597602
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
554137
CY2023Q4 us-gaap Debt Securities Held To Maturity90 Days Or More Past Due Still Accruing
DebtSecuritiesHeldToMaturity90DaysOrMorePastDueStillAccruing
0
CY2022Q4 us-gaap Debt Securities Held To Maturity90 Days Or More Past Due Still Accruing
DebtSecuritiesHeldToMaturity90DaysOrMorePastDueStillAccruing
0
CY2023Q4 tcbc Financing Receivable Related Allowance
FinancingReceivableRelatedAllowance
70000
CY2023 tcbc Financing Receivable Modifications Number Of Contracts
FinancingReceivableModificationsNumberOfContracts
0
CY2023Q4 tcbc Financing Receivable Modifications Recorded Investment Accrual Status
FinancingReceivableModificationsRecordedInvestmentAccrualStatus
341000
CY2023 tcbc Financing Receivable Modifications Number Of Contracts
FinancingReceivableModificationsNumberOfContracts
0
CY2022 tcbc Financing Receivable Modifications Number Of Contracts
FinancingReceivableModificationsNumberOfContracts
0
CY2023Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
378068634
CY2023Q4 tcbc Loans And Leases Write Off
LoansAndLeasesWriteOff
111819
CY2022Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
339597602
CY2022Q4 tcbc Loans And Leases Write Off
LoansAndLeasesWriteOff
67454
CY2023Q4 tcbc Loans Classified In Doubtful And Loss Risk Rating
LoansClassifiedInDoubtfulAndLossRiskRating
0
CY2022Q4 tcbc Loans Classified In Doubtful And Loss Risk Rating
LoansClassifiedInDoubtfulAndLossRiskRating
0
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9191564
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7085748
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4408804
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3953466
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4782760
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3132282
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
468000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
348000
CY2023 tcbc Number Of Location
NumberOfLocation
4
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1900000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2100000
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
236000
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
73777
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2096531
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y21D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0441
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
273788
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
295557
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
281405
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
248400
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
255330
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1206671
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2561151
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
458725
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2102426
CY2023Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000
CY2023Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
23600000
CY2022Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
11500000
CY2023Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
100612079
CY2023Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
8862525
CY2023Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
802047
CY2023Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
404604
CY2023Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
250943
CY2023Q4 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
20654
CY2023Q4 us-gaap Time Deposits
TimeDeposits
110952852
CY2023Q4 us-gaap Time Deposit Maturities Next Rolling Twelve Months
TimeDepositMaturitiesNextRollingTwelveMonths
100600000
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-4856
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-7651
CY2023 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-128075
CY2022 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
98260
CY2023 tcbc Utilization Of Operating Loss Carryforwards
UtilizationOfOperatingLossCarryforwards
264776
CY2022 tcbc Utilization Of Operating Loss Carryforwards
UtilizationOfOperatingLossCarryforwards
614475
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-23615
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-29612
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
108230
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
675472
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
78552
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
511536
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
10465
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
99166
CY2023 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
60137
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
57977
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
36537
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
74747
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-23615
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-29612
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
66428
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
77612
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
108230
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
675472
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
418877
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
363195
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
454302
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
719078
CY2023Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
0
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
36452
CY2023Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
144994
CY2022Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
168609
CY2023Q4 tcbc Deferred Tax Assets Defined Benefit Obligations
DeferredTaxAssetsDefinedBenefitObligations
114854
CY2022Q4 tcbc Deferred Tax Assets Defined Benefit Obligations
DeferredTaxAssetsDefinedBenefitObligations
279483
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
74274
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
0
CY2023Q4 tcbc Deferred Tax Assets Non Accrual Loans
DeferredTaxAssetsNonAccrualLoans
78240
CY2022Q4 tcbc Deferred Tax Assets Non Accrual Loans
DeferredTaxAssetsNonAccrualLoans
64818
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
275052
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
265252
CY2023Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
976819
CY2022Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
1191567
CY2023Q4 tcbc Deferred Tax Assets Tax Deferred Expense Right Of Use Asset And Lease Liability
DeferredTaxAssetsTaxDeferredExpenseRightOfUseAssetAndLeaseLiability
40052
CY2022Q4 tcbc Deferred Tax Assets Tax Deferred Expense Right Of Use Asset And Lease Liability
DeferredTaxAssetsTaxDeferredExpenseRightOfUseAssetAndLeaseLiability
0
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
15655
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
0
CY2023Q4 tcbc Deferred Tax Assets Tax Deferred Expense Unfunded Loan Commitments
DeferredTaxAssetsTaxDeferredExpenseUnfundedLoanCommitments
35536
CY2022Q4 tcbc Deferred Tax Assets Tax Deferred Expense Unfunded Loan Commitments
DeferredTaxAssetsTaxDeferredExpenseUnfundedLoanCommitments
0
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
25314
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
4836
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2653969
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3093290
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
144994
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
168609
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2508975
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2924681
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
12331
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
6832
CY2023Q4 tcbc Deferred Tax Liabilities Allowance For Loan Loss
DeferredTaxLiabilitiesAllowanceForLoanLoss
0
CY2022Q4 tcbc Deferred Tax Liabilities Allowance For Loan Loss
DeferredTaxLiabilitiesAllowanceForLoanLoss
92649
CY2023Q4 tcbc Deferred Tax Liabilities Director Fees
DeferredTaxLiabilitiesDirectorFees
27708
CY2022Q4 tcbc Deferred Tax Liabilities Director Fees
DeferredTaxLiabilitiesDirectorFees
24535
CY2023Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
24389
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
0
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
64428
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
124016
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
2444547
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
2800665
CY2023Q4 tcbc Net Deferred Tax Asset Valuation Allowance
NetDeferredTaxAssetValuationAllowance
145000
CY2022Q4 tcbc Net Deferred Tax Asset Valuation Allowance
NetDeferredTaxAssetValuationAllowance
169000
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
1500000
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
3200000
CY2023Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
47871000
CY2022Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
49189000
CY2023Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
2400000
CY2022Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
753000
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
493989
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
364810
CY2023 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
0
CY2022 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
319453
CY2023 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
43712
CY2022 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
190274
CY2023Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
450277
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
493989
CY2023Q4 tcbc Tier One Total Minimum Consolidated Assets
TierOneTotalMinimumConsolidatedAssets
3000000000
CY2023Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
68463
CY2023Q4 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
0.1971
CY2023Q4 tcbc Common Equity Tier One Risk Based Capital Required For Capital Adequacy
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacy
15631
CY2023Q4 tcbc Common Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.045
CY2023Q4 us-gaap Common Equity Tier One Capital Required To Be Well Capitalized
CommonEquityTierOneCapitalRequiredToBeWellCapitalized
22578
CY2023Q4 tcbc Common Equity Tier One Capital Required To Be Well Capitalized To Risk Weighted Assets
CommonEquityTierOneCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.065
CY2023Q4 us-gaap Capital
Capital
72812
CY2023Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.2096
CY2023Q4 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
27788
CY2023Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.08
CY2023Q4 us-gaap Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
34735
CY2023Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.10
CY2023Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
68463
CY2023Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1971
CY2023Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
20841
CY2023Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.06
CY2023Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
27788
CY2023Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.08
CY2023Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
68463
CY2023Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.1516
CY2023Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
18068
CY2023Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.04
CY2023Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
22585
CY2023Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.05
CY2022Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
67153
CY2022Q4 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
0.2132
CY2022Q4 tcbc Common Equity Tier One Risk Based Capital Required For Capital Adequacy
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacy
14172
CY2022Q4 tcbc Common Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.045
CY2022Q4 us-gaap Common Equity Tier One Capital Required To Be Well Capitalized
CommonEquityTierOneCapitalRequiredToBeWellCapitalized
20470
CY2022Q4 tcbc Common Equity Tier One Capital Required To Be Well Capitalized To Risk Weighted Assets
CommonEquityTierOneCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.065
CY2022Q4 us-gaap Capital
Capital
71094
CY2022Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.2257
CY2022Q4 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
25194
CY2022Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.08
CY2022Q4 us-gaap Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
31492
CY2022Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.10
CY2022Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
67153
CY2022Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.2132
CY2022Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
18895
CY2022Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.06
CY2022Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
25194
CY2022Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.08
CY2022Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
67153
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
8855122
CY2022Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.1622
CY2022Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
16558
CY2022Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.04
CY2022Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
20697
CY2022Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.05
CY2023 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
424632
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
318035
CY2023 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
422738
CY2022 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
648348
CY2023 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-25224
CY2022 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-83081
CY2023 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
27118
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-247232
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
566086
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
566849
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
569420
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
566028
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
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CY2023Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
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CY2023Q4 tcbc Defined Benefit Plan Expected Future Benefit Payments
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CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
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CY2023 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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CY2023Q4 us-gaap Defined Benefit Plan Benefit Obligation
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172752
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
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57615
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CY2022 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
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CY2023Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2023Q4 us-gaap Assets Fair Value Disclosure
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7369637
CY2023Q4 us-gaap Defined Benefit Plan Benefit Obligation
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CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
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CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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0.67
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0.216
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450000
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75172
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506358
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265825
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0.06
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0.36
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EarningsPerShareDiluted
0.06
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36

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