Welcome to our dedicated page for Tc Bancshares news (Ticker: TCBC), a resource for investors and traders seeking the latest updates and insights on Tc Bancshares stock.
TC Bancshares, Inc. (OTCQX: TCBC) is the holding company for TC Federal Bank, a community bank that traces its history to 1934 in Thomasville, Georgia. News about TCBC often centers on its role as a regional bank serving families and businesses in Northern Florida and Southern Georgia, as well as on corporate developments at the holding company level.
Recent announcements highlight significant merger activity. TC Bancshares, Inc. and Colony Bankcorp, Inc., the holding company for Colony Bank, disclosed the signing of a definitive merger agreement under which Colony agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million. Subsequent news reported that all required regulatory approvals and shareholder approvals from both companies had been obtained, with closing expected on or about December 1, 2025, subject to customary closing conditions.
Investors following TCBC news can expect updates on the progress of this merger, including integration plans, franchise strategy in key Georgia and Florida markets, and any communications about customer transitions. Company statements describe the combination as bringing together like-minded institutions with complementary strengths and a shared commitment to community banking and customer relationships.
In addition to merger-related coverage, TC Bancshares, Inc. has released news about capital management decisions, such as the adoption of stock repurchase programs. These disclosures outline the size of authorized repurchases, potential methods of execution, and factors that may influence the timing and amount of repurchases.
For users tracking TCBC, this news stream provides context on TC Bancshares, Inc.’s strategic direction, its planned combination with Colony Bankcorp, Inc., and its approach to shareholder capital, all within the framework of a regional community banking organization.
Colony Bankcorp (NYSE: CBAN) and TC Bancshares (OTCQX: TCBC) announced that shareholders and regulators have approved their previously announced merger, expected to close on or about December 1, 2025 subject to customary closing conditions.
The deal, signed July 23, 2025, values TC Bancshares at approximately $86.1 million in a combined stock-and-cash transaction. Upon closing, the combined franchise will hold about $3.8 billion in assets, $3.1 billion in deposits, and $2.4 billion in loans, with customers served by existing branches and digital platforms until system conversion.
Colony Bankcorp (NYSE: CBAN) has announced a definitive merger agreement to acquire TC Bancshares (OTCQX: TCBC) in a combined stock-and-cash transaction valued at $86.1 million. The merger will create a stronger banking franchise in Georgia and Florida markets.
Under the agreement, TC Bancshares shareholders will receive either $21.25 in cash or 1.25 shares of Colony's common stock for each TC Bancshares share, with a 20% cash and 80% stock split. The combined entity will have approximately $3.8 billion in total assets, $3.1 billion in deposits, and $2.4 billion in loans.
The transaction is expected to close in Q4 2025 and will be immediately accretive to Colony's earnings per share. TC Bancshares' CEO Greg Eiford will join Colony as Executive VP and Chief Community Banking Officer.
TC Bancshares (OTCQX:TCBC) has announced its fourth stock repurchase program since July 2021, authorizing the buyback of up to 200,000 shares of its common stock, representing approximately 5.0% of outstanding shares. The company may conduct repurchases through both open market and private transactions, with timing and volume dependent on factors including stock availability, market conditions, trading price, alternative capital uses, and financial performance. The program will be executed in compliance with legal requirements, though the company maintains no obligation to repurchase any specific number of shares.
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