TC Bancshares Inc
TC Bancshares, Inc. operates as the holding company for TC Federal Bank that provides various banking services to individual and commercial customers in Georgia and Florida, the United States. It accepts various deposit products, including personal checking accounts, business checking accounts, savings accounts, money market accounts, and certificates of deposit. The company also offers lending p… Read more
TC Bancshares Inc (TCBC) - Net Assets
Latest net assets as of March 2025: $75.73 Million USD
Based on the latest financial reports, TC Bancshares Inc (TCBC) has net assets worth $75.73 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($540.55 Million) and total liabilities ($464.82 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $75.73 Million |
| % of Total Assets | 14.01% |
| Annual Growth Rate | 14.21% |
| 5-Year Change | 94.0% |
| 10-Year Change | N/A |
| Growth Volatility | 48.28 |
TC Bancshares Inc - Net Assets Trend (2019–2024)
This chart illustrates how TC Bancshares Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TC Bancshares Inc (2019–2024)
The table below shows the annual net assets of TC Bancshares Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $77.33 Million | -2.90% |
| 2023-12-31 | $79.63 Million | -6.62% |
| 2022-12-31 | $85.28 Million | -1.77% |
| 2021-12-31 | $86.81 Million | +117.80% |
| 2020-12-31 | $39.86 Million | +0.18% |
| 2019-12-31 | $39.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TC Bancshares Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 0.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $41.84 Million | 54.11% |
| Common Stock | $41.80K | 0.05% |
| Other Comprehensive Income | $-5.71 Million | -7.39% |
| Other Components | $41.16 Million | 53.22% |
| Total Equity | $77.33 Million | 100.00% |
TC Bancshares Inc Competitors by Market Cap
The table below lists competitors of TC Bancshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NeOnc Technologies Holdings, Inc. Common Stock
NASDAQ:NTHI
|
$64.92 Million |
|
Choil Aluminum
KO:018470
|
$64.93 Million |
|
Neo Battery Materials Ltd
OTCQB:NBMFF
|
$64.94 Million |
|
Bathurst Resources Limited
PINK:BTURF
|
$64.95 Million |
|
GRUPO ECOENER EO -32
F:89W
|
$64.90 Million |
|
Iljin Diamond
KO:081000
|
$64.89 Million |
|
ECO ANIMAL HLTH GR.LS-05
F:LWA
|
$64.88 Million |
|
Lundin Energy AB
PINK:LNDNF
|
$64.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TC Bancshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 79,634,421 to 77,325,840, a change of -2,308,581 (-2.9%).
- Net income of 594,751 contributed positively to equity growth.
- Dividend payments of 418,276 reduced retained earnings.
- Share repurchases of 4,070,959 reduced equity.
- Other comprehensive income increased equity by 743,941.
- Other factors increased equity by 841,962.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $594.75K | +0.77% |
| Dividends Paid | $418.28K | -0.54% |
| Share Repurchases | $4.07 Million | -5.26% |
| Other Comprehensive Income | $743.94K | +0.96% |
| Other Changes | $841.96K | +1.09% |
| Total Change | $- | -2.90% |
Book Value vs Market Value Analysis
This analysis compares TC Bancshares Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.38x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $6.40 | $21.65 | x |
| 2020-12-31 | $6.41 | $21.65 | x |
| 2021-12-31 | $19.86 | $21.65 | x |
| 2022-12-31 | $17.47 | $21.65 | x |
| 2023-12-31 | $16.60 | $21.65 | x |
| 2024-12-31 | $18.18 | $21.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TC Bancshares Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.18%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 6.68x
- Recent ROE (0.77%) is below the historical average (1.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.03% | 11.27% | 0.03x | 8.09x | $-2.77 Million |
| 2020 | 0.77% | 2.04% | 0.04x | 8.78x | $-3.68 Million |
| 2021 | 3.04% | 17.28% | 0.04x | 4.39x | $-6.04 Million |
| 2022 | 2.06% | 10.19% | 0.04x | 5.04x | $-6.77 Million |
| 2023 | 0.33% | 1.21% | 0.05x | 5.86x | $-7.70 Million |
| 2024 | 0.77% | 2.18% | 0.05x | 6.68x | $-7.14 Million |
Industry Comparison
This section compares TC Bancshares Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $22,823,266,317
- Average return on equity (ROE) among peers: 14.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TC Bancshares Inc (TCBC) | $75.73 Million | 3.03% | 6.14x | $64.92 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.91 Billion |
| ACNB Corporation (ACNB) | $106.80 Million | 8.72% | 8.79x | $452.68 Million |
| Addiko Bank AG (ADBKF) | $6.08 Billion | 0.58% | 0.00x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $80.78 Million | 3.82% | 9.53x | $79.98 Million |
| Absa Group Limited (AGRPF) | $56.49 Billion | 12.11% | 11.71x | $6.72 Billion |
| AIB Group plc (AIBGY) | $2.74 Billion | 18.02% | 16.84x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $153.61 Billion | 39.08% | 6.47x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $8.37 Billion | 34.92% | 7.81x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $235.94 Million | 14.17% | 11.96x | $248.47 Million |