Tectonic Financial, Inc.: debt financing — Tectonic Financial issues $40M 7.25% subordinated notes; proceeds to redeem debt, preferred

Tectonic Financial, Inc.

Issued $40M aggregate principal of 7.25% Fixed-to-Floating Rate Subordinated Notes due 2036 to institutional investors.
Notes mature Feb 15, 2036; fixed 7.25% through Feb 15, 2031, then SOFR+368bps quarterly.
Net proceeds earmarked for redemption of T Bancshares indebtedness and 9.00% Series B preferred stock.
Notes qualify as Tier 2 capital; unsecured subordinated obligations of Tectonic Financial.
Performance Trust Capital Partners acted as sole placement agent.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Tectonic Financial, Inc. incurred senior notes of $40 million with certain institutional accredited investors and qualified institutional buyers at 7.25% Fixed-to-Floating Rate maturing February 15, 2036.

Instrument: senior notes
Principal: $40 million
Counterparty: certain institutional accredited investors and qualified institutional buyers
Rate: 7.25% Fixed-to-Floating Rate
Maturity: February 15, 2036
Event: incurrence

Exact text from the filing

On February 11, 2026, Tectonic Financial, Inc. (the “Company”), the parent company for T Bank, National Association (the “Bank”), entered into Subordinated Note Purchase Agreements (the “Purchase Agreements”) with certain institutional “accredited investors,”

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Tectonic Financial, Inc. entered into Subordinated Note Purchase Agreements with certain institutional accredited investors and qualified institutional buyers valued at $40 million in aggregate principal amount of its 7.25% Fixed-to-Floating Rate Subordinated Notes due (effective 2026-02-11).

Action: entry
Agreement: notes offering
Counterparty: certain institutional accredited investors and qualified institutional buyers
Value: $40 million in aggregate principal amount of its 7.25% Fixed-to-Floating Rate Subordinated Notes due
Effective: 2026-02-11

Exact text from the filing

On February 11, 2026, Tectonic Financial, Inc. (the “Company”), the parent company for T Bank, National Association (the “Bank”), entered into Subordinated Note Purchase Agreements (the “Purchase Agreements”) with certain institutional “accredited investors,”

View on SEC.gov

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Source: SEC EDGAR

accession 0001185185-26-000533

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