Touchmark Banc Stock Price, News & Analysis

Touchmark Bancshares, Inc. (TMAK) is a financial services company and the holding company for Touchmark National Bank. According to company disclosures, Touchmark National Bank is a community bank founded in 2008 and headquartered in Alpharetta, Georgia. The bank focuses on serving customers in several counties within the Atlanta metropolitan statistical area, including Cherokee, Cobb, Dekalb, Forsyth, Gwinnett, and North Fulton counties.

Touchmark Bancshares, Inc. trades on the OTC Pink market under the symbol TMAK. As a regional banking organization, its activities are conducted through Touchmark National Bank, which engages in traditional community banking. The company’s public communications emphasize local banking relationships, balance sheet management, and asset quality within its defined primary market.

Business focus and market area

Touchmark describes Touchmark National Bank as a community bank serving a defined local footprint around Alpharetta, Georgia. The company has stated that it focuses on developing local banking relationships within approximately 25 miles of its home office in Alpharetta and on building customer relationships in its primary service area. Its service area, as described in multiple company announcements, includes north Fulton County and surrounding counties such as Cobb, Dekalb, Forsyth, and Gwinnett, and in some disclosures also Cherokee County.

In its public statements, Touchmark highlights efforts to grow loan and deposit relationships in this local market, with references to new customer balance growth in both loans and deposits over various quarters. The company also notes a relationship banking focus as part of its strategy to support long-term performance.

Community bank profile

Touchmark National Bank is characterized by the company as a community bank. In its announcements, Touchmark has reported on items such as net interest income, noninterest income, noninterest expense, loan balances, deposit balances, nonperforming assets, and allowance for credit losses. These disclosures reflect a focus on core banking activities such as lending, deposit gathering, and management of asset quality and funding costs.

The company has also reported on nonperforming assets, net of government guarantees, and related asset quality ratios, as well as efficiency metrics and net interest margin. These metrics are typical for a regional banking institution and are used by the company to describe operating performance and balance sheet condition over time.

Capital, size, and financial condition

In its public releases, Touchmark has provided snapshots of total assets, total deposits, and total shareholders’ equity at various quarter-ends. For example, the company has reported total assets in the low hundreds of millions of dollars and shareholders’ equity in the tens of millions of dollars as of different reporting dates. These disclosures indicate that Touchmark Bancshares, Inc. operates as a smaller regional banking organization relative to large national institutions.

The company also reports book value per share and discusses changes in book value per share across periods. These data points are used by Touchmark to illustrate the evolution of its capital base and per-share equity over time.

Management, governance, and oversight

Touchmark has publicly discussed changes in its leadership and board structure. The company has announced the appointment of a President and Chief Executive Officer of Touchmark National Bank and has referenced the transition from a prior leader who remains as Chairman of the boards. Touchmark has also reported the addition of senior officers responsible for areas such as lending, credit administration, risk management, and compliance.

In board governance, Touchmark has announced director appointments, including the designation of an Audit Committee Chairman and an Asset Liability Committee Chairman for Touchmark National Bank. The company has described the roles of these positions in overseeing financial reporting, internal controls, risk management, balance sheet strategy, interest rate sensitivity, and liquidity risk management.

Regulatory and risk considerations

In its public communications, Touchmark has referenced a Formal Agreement with the Office of the Comptroller of the Currency (OCC) and has stated that it is addressing regulatory concerns raised in that agreement. The company has indicated that it continues to recruit key team members and strengthen its team to address these regulatory matters and to enhance areas such as compliance and risk management.

Touchmark’s news releases also include cautionary notes regarding forward-looking statements, emphasizing that statements about expectations, plans, or projections are subject to risks and uncertainties and are not guarantees of future results.

Dividend practices

Touchmark Bancshares, Inc. has announced an annual cash dividend, stating that its Board of Directors declared a cash dividend per share to be paid to shareholders of record as of a specified date. This indicates that the company has, at least in some periods, returned capital to shareholders through cash dividends, as disclosed in its public announcements.

Performance reporting

The company regularly issues press releases summarizing quarterly financial results. These releases typically highlight changes in net income, net interest income, noninterest income, noninterest expense, loan and deposit balances, and asset quality measures. Touchmark has discussed factors such as changes in loan balances, unexpected loan payoffs, loan purchase premium amortization, early loan prepayment revenue, and changes in deposit costs as drivers of its reported results.

Touchmark’s public financial highlights also include ratios such as net interest margin, efficiency ratio, nonperforming assets to total assets, and allowance for credit losses to total loans. These disclosures provide insight into how the company evaluates its profitability, cost structure, and credit risk profile.

Status and trading

Touchmark Bancshares, Inc. identifies itself in its releases as trading on the OTC Pink market under the symbol TMAK. The company’s communications do not indicate a delisting from this market or a completed merger, acquisition, or liquidation. The available information instead focuses on ongoing operations, financial results, leadership changes, and regulatory matters.

Summary

In summary, Touchmark Bancshares, Inc. is a financial services holding company for Touchmark National Bank, a community bank founded in 2008 and based in Alpharetta, Georgia. The bank serves a defined local market in and around north Fulton County and neighboring counties in the Atlanta area. Through its public disclosures, Touchmark emphasizes local relationship banking, management of loan and deposit balances, asset quality, capital, and regulatory compliance as central elements of its business profile.