Welcome to our dedicated page for Third Century Bp news (Ticker: TDCB), a resource for investors and traders seeking the latest updates and insights on Third Century Bp stock.
Third Century Bp (TDCB) delivers comprehensive banking and financial solutions through retail services, corporate credit facilities, and strategic advisory offerings. This news hub provides investors and stakeholders with essential updates about the company's operational developments and market position.
Access timely announcements including quarterly earnings reports, leadership changes, regulatory compliance updates, and strategic partnership details. Our curated collection enables efficient tracking of TDCB's financial performance indicators and industry-specific initiatives.
Key content categories include dividend declarations, risk management framework enhancements, product portfolio expansions, and sustainability-related banking initiatives. All materials maintain factual accuracy while avoiding speculative commentary about future performance.
Bookmark this page for streamlined access to TDCB's latest financial disclosures and operational updates. Combine regular monitoring with independent research to maintain informed perspectives on the company's evolving market role.
Third Century Bancorp (TDCB) reported a net income of $536,000 for Q4 2022, reflecting a 15.46% decline compared to $634,000 in Q4 2021. For the full year, net income decreased by 9.65% to $2.1 million, primarily due to a significant reduction in non-interest income, down 46.62% year-over-year. Despite challenges from rising interest rates, net interest income rose by 14.07%. Total assets increased by 16.12% to $280.5 million, driven by a 19.24% rise in loans. However, stockholders' equity dropped to $8.0 million from $21.5 million, impacted by unrealized losses in securities. TDCB remains well-capitalized to navigate economic challenges.
Third Century Bancorp (OTCPINK: TDCB) announced a dividend of $0.10 per share, with a record date of March 15, 2023, and payable date on April 4, 2023. This decision reflects the company's ongoing commitment to returning value to its shareholders. Founded in 1890, the parent company of Mutual Savings Bank operates primarily in
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