Highest-materiality recent filing
Texas Community Bancshares elects three directors, ratifies auditor at annual meeting
Elected directors: Jason Sobel (1,660,302 for, 79,390 withhold), Anthony Scavuzzo (1,554,102/185,590), Bryan Summerville (1,506,612/233,078).
Texas Community Bancshares Q1 net income $836K, up 30% YoY; sixth consecutive record quarter
Net income of $836K vs $643K in Q1 2025, a 30% increase; sixth straight record quarter.
TCBS authorizes new 5% buyback and completes prior 153,083-share repurchase
Board authorized new repurchase program for up to 144,364 shares (~5% of outstanding).
Texas Community Bancshares appoints Jason McCrary as CFO effective Dec 1, 2025
Jason McCrary, CPA appointed CFO of Texas Community Bancshares and its bank subsidiary Broadstreet Bank, SSB.
Texas Community Bancshares CFO Julie Sharff to retire Dec 1; Jason McCrary appointed
Sharff retires as CFO Dec 1, 2025; stays as Senior VP employee until Feb 20, 2026, then consultant to May 8, 2026.
Texas Community Bancshares Q2 net income $678K; best quarter since IPO
Net income $678K for Q2 2025 vs $348K Q2 2024; H1 net income $1.3M vs loss of $2.3M last year.
Texas Community Bancshares stockholders elect Pickens, ratify auditor
Mark A. Pickens elected director with 1,456,686 votes for, 262,577 withheld; 580,290 broker non-votes.
TCBS Q1 net income $643K vs year-ago loss; EPS $0.22; board authorizes 5% buyback
Net income of $643,000 ($0.22 diluted EPS) vs net loss of $2.7M in Q1 2024; fourth consecutive quarterly increase.
New buyback program authorizes repurchase of up to 153,083 shares, ≈5% of outstanding stock as of Feb 25, 2025.
Two directors decline re-election; board size reduced at 2025 annual meeting
Clifton D. Bradshaw and Robert L. Smith, III notified they will not stand for re-election.
Texas Community Bancshares enters employment agreement with CEO Jason Sobel; $250K base salary
Agreement has an initial two-year term with automatic one-year renewal unless board gives six months' notice.
Texas Community Bancshares annual meeting elects directors, ratifies auditor
Demethrius T. Boyd elected director with 1,388,462 for, 319,004 withhold, 604,009 broker non-votes.
TCBS Q1 net loss widens to $2.7M on loan repositioning strategy
Net loss of $2.7M vs $1.0M loss a year ago; diluted EPS loss of $0.90 vs $0.33.
Texas Community Bancshares posts FY2023 net loss of $733K vs $1.75M profit in 2022
Net loss per share $(0.24), down from EPS of $0.58 in 2022.
Texas Community Bancshares schedules 2024 annual meeting for May 21, 2024
Annual meeting of stockholders set for May 21, 2024.
Texas Community Bancshares bank subsidiary renamed to Broadstreet Bank, SSB
Effective December 4, 2023, the bank subsidiary Mineola Community Bank, S.S.B. changed its legal name.
Texas Community Bancshares declares $0.03 quarterly dividend payable Dec 28, 2023
Quarterly cash dividend of $0.03 per share declared on common stock.
Texas Community Bancshares CEO James Herlocker retires; Jason Sobel appointed as successor
James Herlocker retired as President and CEO and as a director of the company and its bank subsidiary, effective November 17, 2023.
Texas Community Bancshares authorizes new stock repurchase program for 5% of outstanding shares
Board approved repurchase of up to 161,316 shares (~5% of outstanding common stock as of Oct 25, 2023).
Texas Community Bancshares declares Q2 dividend $0.03, a 50% increase from prior $0.02
Quarterly dividend raised to $0.03 per share from $0.02, a 50% increase.
Elected James B. Harder, James H. Herlocker III, Kerry Nan Saucier, Anthony R. Scavuzzo, and Bryan Summerville to three-year terms.
Texas Community Bancshares authorizes repurchase of up to 164,842 shares (5% of outstanding)
Board approved repurchase of up to 164,842 shares, representing ~5.0% of shares outstanding.
Texas Community Bancshares declares $0.02 quarterly dividend
Quarterly cash dividend of $0.02 per share declared on common stock.
Texas Community Bancshares schedules 2023 annual meeting for May 24
Annual Meeting of Stockholders will be held on May 24, 2023.
Texas Community Bancshares shareholders elect directors and approve equity plan at annual meeting
Directors Bradshaw, Kindle, Pickens, Smith elected each with >1.8M votes; broker non-votes 621,659.
Texas Community Bancshares sets 2022 annual meeting for August 30
Annual meeting of stockholders scheduled for August 30, 2022, as disclosed in Item 8.01.
Texas Community Bancshares elects four new directors, amends director residency requirement
Elected four new directors: D.T. Boyd, K.A. Kindle, A.R. Scavuzzo, B. Summerville, effective Jan 26, 2022.
TCBS completes IPO of 3.2M shares at $10; trading on Nasdaq July 15
Sold 3,207,759 shares at $10.00 per share in subscription offering, including 260,621 ESOP shares.
Texas Community Bancshares expects IPO close July 14; 3.2M shares at $10, trading starts July 15
IPO closing after market July 14; gross proceeds ~$32.1M from 3,207,759 shares at $10.00.
On January 21, 2025, Clifton D. Bradshaw and Robert L. Smith, III notified Texas Community Bancshares, Inc. (the “Company”) that they decline to stand for re-election as directors of the Company.
On January 21, 2025, Clifton D. Bradshaw and Robert L. Smith, III notified Texas Community Bancshares, Inc. (the “Company”) that they decline to stand for re-election as directors of the Company.
On November 17, 2023, James H. Herlocker, III retired as President and Chief Executive Officer and a Director of Texas Community Bancshares, Inc. (the “Company”).
On November 21, 2023, the Company appointed Jason Sobel as President and Chief Executive Officer and a Director of the Company.
On January 26, 2022, the Board of Directors of Texas Community Bancshares, Inc. (the “Company”) elected Demethrius T. Boyd, Kerry A. Kindle, Anthony R. Scavuzzo and Bryan Summerville to serve as Directors of the Company.
On January 26, 2022, the Board of Directors of Texas Community Bancshares, Inc. (the “Company”) elected Demethrius T. Boyd, Kerry A. Kindle, Anthony R. Scavuzzo and Bryan Summerville to serve as Directors of the Company.
On January 26, 2022, the Board of Directors of Texas Community Bancshares, Inc. (the “Company”) elected Demethrius T. Boyd, Kerry A. Kindle, Anthony R. Scavuzzo and Bryan Summerville to serve as Directors of the Company.
On January 26, 2022, the Board of Directors of Texas Community Bancshares, Inc. (the “Company”) elected Demethrius T. Boyd, Kerry A. Kindle, Anthony R. Scavuzzo and Bryan Summerville to serve as Directors of the Company.
Max materiality 0.70 · Median 0.30 · Most common event other