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 Bancorp (TDCB) is the Indiana-based holding company for Mutual Savings Bank, a full-service financial institution founded in 1890. This news page aggregates company-issued announcements so readers can follow how the bank’s operations and capital decisions are reflected over time.
According to its press releases, Third Century Bancorp regularly reports unaudited quarterly earnings for the periods ended March 31, June 30, and September 30, along with selected financial ratios and balance sheet data. These updates cover net income, net interest income, non-interest income and expense, provisions for credit losses, total assets, deposits, Federal Home Loan Bank advances, subordinated notes, and stockholders’ equity. Management commentary often highlights factors such as net interest margin, non-interest income, loan growth, funding costs, and asset quality.
The company also issues recurring dividend announcements, in which the Board of Directors declares cash dividends per share of common stock and specifies record and payment dates. These dividend releases typically restate key background information about Mutual Savings Bank, including its founding in 1890, its status as a full-service financial institution, and its locations in Franklin, Trafalgar, Greenwood, and Bargersville or Johnson County, Indiana.
Investors and observers can use this news feed to review Third Century Bancorp’s own description of its financial performance, capital actions, and community banking footprint. By reading the sequence of earnings and dividend announcements, users can see how management characterizes trends in earnings, balance sheet composition, and the bank’s role as a locally based financial institution in Johnson County, Indiana.
Third Century Bancorp (OTCPINK: TDCB) has declared a dividend of $0.05 per share for shareholders of record on December 16, 2024, with payment scheduled for January 3, 2025. The dividend was approved by the Board of Directors on November 21, 2024. Mutual Savings Bank, the company's subsidiary, is a full-service financial institution with $324 million in assets as of September 30, 2024. The bank operates its main office in Franklin, Indiana, with additional branches in Franklin, Trafalgar, and Greenwood.
Third Century Bancorp (TDCB) reported Q3 2024 net income of $262,000 ($0.22 per share), down 3.39% from $271,000 ($0.23 per share) in Q3 2023. Net interest income rose to $2.0 million, with total interest income increasing 15.14% to $4,021,000, offset by a 33.44% rise in interest expense to $2,040,000. For the nine months ended September 30, 2024, net income increased 6.98% to $819,000. Total assets grew to $324.5 million, with loans held for investment increasing 4.66% to $203.4 million. The bank maintains strong credit quality with allowance for credit losses at 163% of non-performing loans.
Third Century Bancorp (OTCPINK: TDCB), the parent company of Mutual Savings Bank, has declared a dividend of $0.05 per share for shareholders of record on September 30, 2024. The dividend will be payable on October 15, 2024. Mutual Savings Bank, founded in 1890, is a full-service financial institution with assets exceeding $316 million. The bank operates its main office in Franklin, Indiana, along with additional branches in Franklin, Trafalgar, and Greenwood, Indiana.
Third Century Bancorp (OTCPINK: TDCB) reported unaudited net income of $228,000 for Q2 2024, or $0.19 per share, up from $175,000 ($0.15 per share) in Q2 2023. Key factors include:
1. Increased residential mortgage loan activity
2. Improved loan portfolio yield
3. Efficient non-interest expense management
For H1 2024, net income rose to $558,000, a 12.88% increase from $494,000 in H1 2023. Total assets grew to $316.5 million as of June 30, 2024. Loans held for investment increased by 1.14% to $199.0 million, while total deposits decreased to $242.5 million. Stockholders' equity stood at $9.43 million, up from $8.58 million a year ago but down from $9.51 million at the end of 2023.
Third Century Bancorp (OTCPINK: TDCB) has announced a $0.05 per share dividend for shareholders as of June 15, 2024.
The dividend will be paid on July 3, 2024. Operating as Mutual Savings Bank, Third Century Bancorp holds assets exceeding $312 million. The bank operates from its main office in Franklin, Indiana, with branches in Franklin, Trafalgar, and Greenwood.
Key executives include President and CEO David A. Coffey and Senior Vice President and CFO S. Paul Arab. For more information, view the source on businesswire.com.
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