Financial Performance - Texas Community Bancshares reported a net loss of $733,000 for the year ended December 31, 2023, compared to a net income of $1,754,000 for 2022, resulting in a loss per share of $(0.24) versus earnings per share of $0.58 in 2022[1][2]. - Non-interest income decreased by $1.5 million, or 78.9%, to $352,000, primarily due to a $1.7 million loss on securities sales[4]. - Non-interest expense increased by $2.2 million, or 22.4%, to $12.0 million, driven by a $1.3 million increase in salaries and employee benefits[5]. - The allowance for credit losses increased by $1.3 million, or 72.2%, to $3.1 million, representing 1.09% of total loans, due to the implementation of the CECL methodology[6]. - Shareholders' equity decreased by $2.2 million, or 3.9%, to $53.7 million, primarily due to the net loss and a one-time CECL adjustment of $1.0 million[7]. Income and Assets - Net interest income increased by $781,000, or 7.6%, to $11.1 million for 2023, while average net interest-earning assets rose by $49.9 million, or 14.0%, to $405.1 million[3]. - Total assets increased to $452.0 million at December 31, 2023, up from $417.3 million in 2022[8]. Operational Expansion - The bank opened a loan production office in Canton, Texas, and plans to open an additional branch in Tyler, Texas, expanding its operations to seven full-service locations[10]. Capital Adequacy - The community bank leverage ratio was 10.76% at December 31, 2023, compared to 12.31% at December 31, 2022, indicating a decrease in capital adequacy[7]. Future Outlook - The company anticipates being better positioned to capitalize on opportunities in 2024 following the strategic changes made in 2023[2].

Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ◻ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File No. 001-40610 Texas Community Bancshares, Inc. (Exact Name of Registrant as Specified in Its Charter) | Maryla ...

Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ◻ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File No. 001-40610 Texas Community Bancshares, Inc. (Exact Name of Registrant as Specified in Its Charter) | Maryland | ...

Table of Contents | SECURITIES AND EXCHANGE COMMISSION | | | --- | --- | | Washington, D.C. 20549 | | | FORM 10-Q | | | QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES | ⌧ | | EXCHANGE ACT OF 1934 | | | For the quarterly period ended March 31, 2023 | | | OR | | | TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES | ◻ | | EXCHANGE ACT OF 1934 | | | For the transition period from _______________ to _______________ | | | Commission File No. 001-40610 | | | Texas Community Ba ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _______________ Commission File Number: 001-40610 Texas Community Bancshares, Inc. (Exact Name of Registrant as Specified in its Charter) M ...

Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ◻ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File No. 001-40610 Texas Community Bancshares, Inc. (Exact Name of Registrant as Specified in Its Charter) | Maryla ...

Table of Contents | SECURITIES AND EXCHANGE COMMISSION | | | --- | --- | | Washington, D.C. 20549 | | | FORM 10-Q | | | ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES | | | EXCHANGE ACT OF 1934 | | | For the quarterly period ended June 30, 2022 | | | OR | | | ◻ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES | | | EXCHANGE ACT OF 1934 | | | For the transition period from _______________ to _______________ | | | Commission File No. 001-40610 | | | Texas Community Ban ...

Table of Contents | SECURITIES AND EXCHANGE COMMISSION | | --- | | Washington, D.C. 20549 | | FORM 10-Q | | ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES | | EXCHANGE ACT OF 1934 | | For the quarterly period ended March 31, 2022 | | OR | | ◻ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES | | EXCHANGE ACT OF 1934 | | For the transition period from _______________ to _______________ | | Commission File No. 001-40610 | | Texas Community Bancshares, Inc. | | (Exact Na ...

For the Fiscal Year Ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _______________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents Commission File Number: 001-40610 Texas Community Bancshares, Inc. (Exact Name of Registrant as Specified in its Charter) | ...

Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ◻ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File No. 001-40610 Texas Community Bancshares, Inc. (Exact Name of Registrant as Specified in Its Charter) | Maryla ...