Private company

TC Bancshares, Inc.

American savings institution company based in Thomasville, active since 20212

In its 2024 annual report the company says: “TC Bancshares, Inc. is a holding company incorporated under the laws of the State of Georgia on March 5, 2021, to serve as the holding company for TC Federal Bank.”4

Last updated Oct 20, 2026.

Overview

  • IndustrySavings Institution, Federally Chartered2
  • HeadquartersThomasville, United States2
  • Incorporated inGA3
  • Business address131 S Dawson St, Thomasville, Ga 317923
  • Filer category, Emerging growth company3
  • Legal formProfit Corporation2
  • LEI254900F409X9ULBMZV782
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressc/o Greg Eiford, 31799 Thomasville, United States2
  • Registered withGeorgia Secretary of State Corporations Division, 210593692

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TC Bancshares, Inc. (the "Company") is a holding company incorporated under the laws of the State of Georgia on March 5, 2021, to serve as the holding company for TC Federal Bank (the "Bank"). The Bank is a covered savings association headquartered in Thomasville, Georgia that opened in 1934.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income567$265.8K in 2023−14% since 2020
0$1.0M$2.0M$3.0M2020: $307.7K$307.7K20202021: $2.6M$2.6M2021+758%2022: $1.8M$1.8M2022−33%2023: $265.8K$265.8K2023−85%
Fiscal year201920202021202220232024
Interest$2.4M5$1.0M6$1.4M7$6.9M7
Income before tax$3.5M6$2.4M7$374.1K7
Income tax$39.8K5$823.0K6$675.5K7$108.2K7
Net income$307.7K5$2.6M6$1.8M7$265.8K7
Earnings per share$0.276$0.367$0.067
Earnings per share (diluted)$0.276$0.367$0.067
Shares (weighted, basic)4.4M shares64.9M shares74.8M shares7
Shares (weighted, diluted)4.4M shares64.9M shares74.8M shares7

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What it owns

What TC Bancshares, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$9.2M7 Dec 31, 2023$7.1M7 Dec 31, 2022+29.7%
Accumulated depreciation$4.4M7 Dec 31, 2023$4.0M7 Dec 31, 2022+11.5%
Property and equipment, net$4.8M7 Dec 31, 2023$3.1M7 Dec 31, 2022+52.7%
Operating-lease assets (leased space)$1.9M7 Dec 31, 2023$07 Dec 31, 2022

Investments

ItemLatestA year beforeChange
Debt securities available for sale$43.0M7 Dec 31, 2023$43.1M7 Dec 31, 2022−0.3%
Loans, net of allowance$372.1M7 Dec 31, 2023$334.1M7 Dec 31, 2022+11.3%
Deposits held (banks)$369.9M7 Dec 31, 2023$329.1M7 Dec 31, 2022+12.4%

Leadership

Who has led TC Bancshares, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Gregory Eiford2022–2024

President

  1. Gregory Eiford2022–2024

Chief financial officer

  1. Scott Charles McLean2023–2024
2025
Board members and other officers (9)

Timeline

  1. Jul 12, 20248-K Listing notice or transfer; Regulation FD disclosure21
  2. Jun 24, 20248-K Regulation FD disclosure22
  3. May 17, 20248-K Shareholder vote23
  4. Apr 17, 20248-K Executive or director change24
  5. Dec 26, 20238-K Regulation FD disclosure25
  6. Dec 15, 20238-K Other events26
  7. Jun 27, 20238-K Regulation FD disclosure27
  8. Jun 23, 20238-K Financial statements and exhibits28
  9. May 22, 20238-K Executive or director change; Shareholder vote29
  10. Feb 1, 20238-K Executive or director change30
  11. Jan 31, 20238-K Executive or director change31
  12. Dec 23, 2022New chief executive Gregory Eiford becomes CEO11
  13. Dec 23, 20228-K Regulation FD disclosure32
  14. Mar 5, 2021Founded TC Bancshares, Inc. is founded2

Filings

77 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 19 major events, 33 insider forms, 3 large holders, 10 other. The latest 20:

  1. Aug 29, 20244 EDGAR
  2. Aug 23, 20244 EDGAR
  3. Aug 1, 202415-12G EDGAR
  4. Aug 1, 2024S-8 POS EDGAR
  5. Jul 22, 202425 EDGAR
  6. Jul 12, 20248-K EDGAR
  7. Jun 24, 20248-K EDGAR
  8. Jun 24, 20244 EDGAR
  9. Jun 24, 20244 EDGAR
  10. May 17, 20248-K EDGAR
  11. May 10, 202410-Q EDGAR
  12. Apr 17, 20248-K EDGAR
  13. Apr 5, 2024ARS EDGAR
  14. Apr 5, 2024DEF 14A EDGAR
  15. Mar 22, 202410-K EDGAR
  16. Feb 14, 20244 FORM 4 SUBMISSION EDGAR
  17. Feb 14, 20244 FORM 4 SUBMISSION EDGAR
  18. Feb 14, 20244 FORM 4 SUBMISSION EDGAR
  19. Feb 7, 2024SC 13G/A EDGAR
  20. Dec 26, 20238-K EDGAR

The 77 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

16 open-market trades by officers, directors and large owners since October 2021: 15 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 29, 2024McLean Scott CharlesEVP-CHIEF FINANCIAL OFFICERBuy1,453$15.65$22.7KForm 4
Aug 28, 2024McLean Scott CharlesEVP-CHIEF FINANCIAL OFFICERBuy47$15.65$736Form 4
Aug 22, 2024Brown George MatthewDirectorSale2,000$15.51$31.0KForm 4
Nov 27, 2023Bryant Joshua TravisDirectorBuy5,000$13.00$65.0KForm 4
Nov 24, 2023TILLMAN STEPHANIE BDirectorBuy2,000$13.00$26.0KForm 4
Nov 21, 2023DeSantis PeterDirectorBuy1,000$13.00$13.0KForm 4
Nov 16, 2023McLean Scott CharlesEVP-CHIEF FINANCIAL OFFICERBuy519$12.75$6.6KForm 4
Jun 6, 2023Johnson JeffersonDirectorBuy2,100$14.25$29.9KForm 4
Jun 5, 2023Bryant Joshua TravisDirectorBuy2,394$14.35$34.4KForm 4
Jun 5, 2023Bryant Joshua TravisDirectorBuy2,606$14.44$37.6KForm 4
Jun 5, 2023Rumble FortsonDirectorBuy3,463$14.43$50.0KForm 4
Jun 2, 2023Dixon CharlesDirectorBuy3,590$13.95$50.1KForm 4
Jun 1, 2023Bryant Joshua TravisDirectorBuy40$13.50$540Form 4
Mar 2, 2022DeSantis PeterDirectorBuy1,500$13.70$20.6KForm 4
Mar 1, 2022DeSantis PeterDirectorBuy1,000$13.75$13.8KForm 4
Mar 1, 2022Brown George MatthewDirectorBuy1,598$13.75$22.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

3 such filings since October 2021:

  1. Feb 7, 2024SC 13G/A
  2. Feb 14, 2023SC 13G/A
  3. Feb 14, 2022SC 13G

SEC filer profile

How TC Bancshares, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTC Bancshares, Inc.1
  • CIK0001850398
  • Filer status<br>emerging growth company1
  • Incorporated inGeorgia1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6035 Savings Institution, Federally Chartered1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address131 S Dawson St, Thomasville, GA 317921
  • Phone229-226-32211
  • Shares outstanding4,229,548 as of May 10, 202410
  • Public float$60.0M as of Jun 30, 20227
  • On EDGAR sinceMar 12, 20211
  • Filings110 in all: 4 (30), 8-K (26), 3 (13), 10-Q (10), DEF 14A (4), 10-K (3), CORRESP (3), ARS (2)1
    All 24 form types

    EFFECT (2), S-1/A (2), SC 13G/A (2), 10-Q/A (1), 15-12G (1), 25 (1), 424B3 (1), 8-A12B (1), CERT (1), DEL AM (1), POS AM (1), S-1 (1), S-8 (1), S-8 POS (1), SC 13G (1), UPLOAD (1)

  • Latest filingsAnnual report (10-K) Mar 22, 2024
    Quarterly report (10-Q) May 10, 2024
    Proxy statement (DEF 14A) Apr 5, 2024
    Latest 8-K (8-K) Jul 12, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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