Welcome to our dedicated page for Texas Community Bancshares SEC filings (Ticker: TCBS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Texas Community Bancshares, Inc.'s SEC filings document the public-company reporting of a bank holding company for Broadstreet Bank, SSB. The filings include current reports on unaudited consolidated financial results, stock repurchase authorizations, dividend-related capital returns and executive officer transitions, as well as exhibits containing company press releases.
Proxy and periodic disclosure materials address governance, shareholder voting matters, balance-sheet management, loan and deposit pricing, non-core funding, technology and compliance initiatives, and asset-quality subjects including real-estate-owned collateral. The filings also identify the company as an emerging growth company and describe the regulatory framework for its common stock as a Nasdaq-listed community banking issuer.
Texas Community Bancshares, Inc. director Anthony Scavuzzo reported an open-market purchase of Common Stock. On June 10, 2026, he bought 20,000 shares at $17.25 per share, bringing his directly held Common Stock position to 106,065 shares.
He also holds stock options on 8,144 shares of Common Stock with a $16.00 exercise price expiring on August 31, 2032. Footnotes state that both restricted stock and these options vest at a rate of 20% per year commencing on August 31, 2023.
Texas Community Bancshares, Inc. President and CEO Jason Sobel reported an open-market sale of 2,100 shares of common stock at $17.2505 per share. After this sale, he directly holds 18,190 common shares, along with additional indirect holdings through an ESOP and an IRA.
He also holds stock options on 58,639 shares of common stock with a $13.75 exercise price, expiring in 2033, which vest at a rate of 20% per year starting on February 28, 2024. Some directly held shares include restricted stock that vests on the same schedule.
Texas Community Bancshares, Inc. senior executive Haskell Strange reported an open-market sale of company stock. As SVP and COO, he sold 1,765 shares of common stock at an average price of $17.2511 per share in a direct transaction.
After the sale, Strange directly holds 4,819 common shares, some of which are restricted stock that vest 20% per year starting on February 28, 2024. He also has indirect holdings of 6,066 shares through a 401(k) plan and 4,527 shares through an ESOP.
In addition, Strange holds stock options covering 24,433 shares of common stock with an exercise price of $15.67 per share, expiring on February 28, 2033. These options vest 20% per year beginning on February 28, 2024, indicating a continuing equity-based compensation position alongside this sale.
Texas Community Bancshares, Inc. reported the results of its Annual Meeting of Stockholders held on May 19, 2026. Stockholders voted on director elections and another matter presented at the meeting.
Directors Jason Sobel, Anthony R. Scavuzzo, and Bryan Summerville each received more votes "For" than "Withhold," with additional broker non-votes recorded. A separate proposal received 2,018,202 votes For, 20,149 votes Against, and 50,739 Abstentions, with no broker non-votes.
Texas Community Bancshares, Inc. reported higher first-quarter earnings while maintaining solid capital and credit quality. For the three months ended March 31, 2026, net income rose to $836,000, and basic earnings per share increased to $0.32 from $0.22 a year earlier, helped by lower credit loss provisioning and stronger noninterest income.
Total assets were $430.4 million, with loans, net of allowance, at $297.5 million and deposits at $332.0 million. The allowance for credit losses on loans was $3.4 million, and nonaccrual balances remained modest. The Bank’s Community Bank Leverage Ratio was 11.97%, above the 9% threshold to be considered well-capitalized.
Texas Community Bancshares, Inc. reported unaudited net income of $836,000 for the quarter ended March 31, 2026, up from $643,000 a year earlier, a 30.0% increase and its sixth consecutive record quarter.
Net interest income rose to $3.4 million as interest expense fell and loan yields improved to 6.14%. Net interest margin expanded to 3.49% from 3.24%, helped by lower-cost deposits and reduced funding costs. Noninterest income grew 51.1% to $698,000, driven by rental income from a foreclosed multifamily property and a referral fee on a multifamily loan payoff.
Total assets were $430.4 million at March 31, 2026. Loans and leases receivable, net, were $298.5 million, reflecting a large multifamily payoff, while total deposits increased to $332.0 million with growth in noninterest-bearing accounts. Asset quality remained solid, with nonperforming assets at 2.60% of total assets and past due loans at 0.91% of the loan portfolio. Shareholders’ equity increased to $54.2 million, and Broadstreet Bank reported a leverage ratio of 11.97%, remaining well capitalized.
Texas Community Bancshares, Inc., holding company for Broadstreet Bank, calls its 2026 annual stockholder meeting for May 19, 2026 in Mineola, Texas. Stockholders will vote on electing three directors for three-year terms and ratifying Forvis Mazars, LLP as independent auditor for 2026.
The company highlights 2025 as a year of efficiency gains and balance sheet “rightsizing,” leading to its highest annual ROA and ROE in the past decade. Management reports expanded net interest margin, higher yields, reduced non-core funding, and technology upgrades that improved customer access, satisfaction and internal controls.
Two large secured credits deteriorated and related collateral was moved to real estate owned, but management describes the multifamily property as nearly fully leased and the DFW-area land as highly marketable, with nonperforming loans reverting to historic levels. The board is being reduced from nine to seven members, with three nominees—Jason Sobel, Anthony R. Scavuzzo and Bryan Summerville—standing for election.
Texas Community Bancshares, Inc. is a Texas-focused community bank holding company with $429.8 million in assets, $303.2 million in net loans and $327.9 million in deposits as of December 31, 2025. Lending is concentrated in one- to four-family residential mortgages ($140.4 million, 45.8% of loans), commercial real estate ($61.5 million), and construction and land loans ($48.4 million), with growing exposure to Dallas–Fort Worth borrowers.
Credit quality has weakened: nonperforming assets rose to $11.4 million, or 2.65% of total assets, driven by $9.3 million of real estate owned. Nonaccrual loans totaled $2.0 million. The allowance for credit losses was $3.44 million, equal to 1.12% of total loans and 161% of nonperforming loans, after $736,000 of provision expense and net charge-offs of 0.17% of average loans.
The bank is funded mainly by core deposits, with noninterest-bearing deposits of $45.9 million and certificates of deposit of $133.8 million; uninsured deposits were $45.8 million. Borrowings include $45.7 million in Federal Home Loan Bank advances and $100.3 million of unused FHLB capacity. The company also manages a securities portfolio of available-for-sale and held-to-maturity mortgage-backed, municipal, corporate and agency securities.
Texas Community Bancshares, Inc. received an updated ownership report showing that the Broadstreet Bank, SSB Employee Stock Ownership Plan Trust, with Community Bank of Pleasant Hill dba First Trust of MidAmerica as trustee, beneficially owns 248,146 shares of common stock, representing 8.6% of the company.
The trust has sole voting power over 188,381 shares and shared voting power over 59,765 shares. It holds sole dispositive power over all 248,146 shares and no shared dispositive power. The filing states these shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.