Here are the 10-Q quarterly reports from Tectonic Financial, Inc. 9.00% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (TECTP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TECTP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TECTP filings page.
Tectonic Financial, Inc. reported solid Q3 2025 performance with higher earnings and balance sheet growth. Net income was $5.5 million versus $4.7 million a year ago, and diluted EPS was $0.73 versus $0.58. Net interest income rose to $11.1 million from $8.4 million as loan yields and balances increased, while the provision for credit losses also rose to $2.0 million from $0.6 million.
Total assets reached $1.06 billion (from $863.4 million at year-end), supported by cash and equivalents of $164.0 million and net loans of $767.5 million. Deposits expanded to $911.9 million, led by time deposits at $654.1 million. Borrowed funds were $0, down from $10.0 million at year-end, with subordinated notes steady at $12.0 million.
Noninterest income was $12.0 million (vs. $11.2 million), while noninterest expense was $14.0 million (vs. $13.3 million). Credit metrics were mixed: the allowance increased to $12.5 million (from $9.2 million), and total non‑accrual loans rose to $29.4 million (from $15.9 million at year-end), reflecting pockets of stress alongside portfolio growth.