---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-001625"
form_type: "8-K"
ticker: "TCBS"
cik: "0001849466"
company_name: "Texas Community Bancshares, Inc."
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T17:29:18.428039+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Texas Community Bancshares posts FY2023 net loss of $733K vs $1.75M profit in 2022

## Summary
- Net loss per share $(0.24), down from EPS of $0.58 in 2022.
- Net interest income rose 7.6% to $11.1M; noninterest income fell 78.9% to $352K due to $1.7M securities loss.
- Securities sales of $19.8M as part of balance sheet restructuring; $1.4M after-tax loss.
- Noninterest expense increased 22.4% to $12.0M driven by incentive plan costs and CEO retirement expenses.
- Shareholders' equity declined 3.9% to $53.7M; 174,842 shares repurchased for $2.2M.

## SEC filing metadata
- accession: 0001558370-24-001625
- form_type: 8-K
- ticker: TCBS
- cik: 0001849466
- company_name: Texas Community Bancshares, Inc.
- filed_at: 2024-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849466/000155837024001625/0001558370-24-001625-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849466/000155837024001625/tcbs-20240223x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-001625
- JSON: https://secwatch.observer/filing/0001558370-24-001625.json
- Plain text: https://secwatch.observer/filing/0001558370-24-001625.txt

## Key facts
- Earnings Releases
  Texas Community Bancshares, Inc. reported the year ended December 31, 2022 results: net income net income of $1,754,000, EPS $0.58.
  - Period: the year ended December 31, 2022
  - Net income: net income of $1,754,000
  - EPS: $0.58
  - Result: reported results
  source text: Texas Community Bancshares, Inc. ("Texas Community Bancshares" or the "Company") (NASDAQ: TCBS), the holding company for Broadstreet Bank, SSB, today reported a net loss of $733,000 for the year ended December 31, 2023, compared to net income of $1,754,000 for 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849466/000155837024001625/0001558370-24-001625-index.htm
- Earnings Releases
  Texas Community Bancshares, Inc. reported the year ended December 31, 2023 results: net income a net loss of $733,000, EPS $(0.24).
  - Period: the year ended December 31, 2023
  - Net income: a net loss of $733,000
  - EPS: $(0.24)
  - Result: reported results
  source text: On February 23, 2024, Texas Community Bancshares, Inc. issued a press release announcing its unaudited consolidated financial results for the year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849466/000155837024001625/0001558370-24-001625-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.