Core Viewpoint - Texas Community Bancshares, Inc. reported significant improvements in net income for the second quarter and first half of 2025, marking a positive trend in earnings and operational efficiency since its IPO four years ago [1][2]. Financial Performance - Net income for the three months ended June 30, 2025, was $678,000, compared to $348,000 for the same period in 2024, and for the six months ended June 30, 2025, it was $1.3 million compared to a net loss of $2.3 million in 2024 [1][2]. - Net interest income increased by $356,000, or 5.8%, to $6.5 million for the first half of 2025 from $6.1 million in the same period of 2024, primarily due to a decrease in interest expense [3][5]. - Total interest income remained flat for the first half of 2025 compared to 2024, but decreased by $207,000 in the second quarter of 2025 compared to the same quarter in 2024 [5]. Asset Quality - The company recorded a provision for credit losses of $71,000 for the first half of 2025, compared to a reversal of $153,000 in the same period of 2024, indicating a shift in credit quality [7]. - As of June 30, 2025, past due loans represented 3.71% and nonaccrual loans 3.58% of the loan portfolio, with two significant loan relationships contributing to this increase [8]. Shareholders' Equity - Total shareholders' equity increased by $761,000, or 1.5%, to $52.9 million at June 30, 2025, driven by net income and a decrease in accumulated other comprehensive loss [10]. - The company repurchased 84,500 shares of common stock for $1.3 million and paid quarterly dividends totaling $242,000 [10]. Strategic Initiatives - The company has invested in new technology and products, including an automated consumer loan process and online account opening, to enhance customer experience [2]. - The bank is focused on expanding its market share and improving its branch network while executing its strategic growth plan [2].