Texas Community Bancshares (Texas Community Bancshares) Debt-to-Asset : 0.17 (As of Mar. 2024)

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What is Texas Community Bancshares Debt-to-Asset?

Texas Community Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Texas Community Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $76.53 Mil. Texas Community Bancshares's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $463.78 Mil. Texas Community Bancshares's debt to asset for the quarter that ended in Mar. 2024 was 0.17.

Texas Community Bancshares Debt-to-Asset Historical Data

The historical data trend for Texas Community Bancshares's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Community Bancshares Debt-to-Asset Chart

Texas Community Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.12

0.10

0.08

0.15

0.17

Texas Community Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial													0.15	0.17	0.18	0.17	0.17

Competitive Comparison of Texas Community Bancshares's Debt-to-Asset

For the Banks - Regional subindustry, Texas Community Bancshares's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Texas Community Bancshares's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Texas Community Bancshares's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Texas Community Bancshares's Debt-to-Asset falls into.

Texas Community Bancshares Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Texas Community Bancshares's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	76.896)	/	452.044
	=	0.17

Texas Community Bancshares's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	76.527)	/	463.78
	=	0.17

Texas Community Bancshares (NAS:TCBS) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Texas Community Bancshares Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Texas Community Bancshares's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Texas Community Bancshares (Texas Community Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Texas Community Bancshares Inc (NAS:TCBS) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 West Broad Street, P.O. Box 410, Mineola, TX, USA, 75773

Website

https://www.mineolacb.com

Texas Community Bancshares Inc is a full service bank. The company's business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings from the Federal Home Loan Bank of Dallas, in residential real estate loans and commercial real estate loans and, to a lesser extent, commercial loans, construction and land loans, and consumer and other loans.

Executives

Glen Thurman	director	215 WEST BROAD STREET, MINEOLA TX 75773
Jason Sobel	officer: Bank President	215 WEST BROAD STREET, MINEOLA TX 75773
Haskell Strange	officer: SVP and COO	215 WEST BROAD STREET, MINEOLA TX 75773
Kraig Yarbrough	officer: SVP	215 WEST BROAD STREET, MINEOLA TX 75773
Herlocker James H. Iii	director, officer: Chairman, President and CEO	215 WEST BROAD STREET, MINEOLA TX 75773
Clifton D. Bradshaw	director	215 WEST BROAD STREET, MINEOLA TX 75773
Sofia Gurrusquieta	officer: Compliance, BSA, CRA Officer	215 WEST BROAD STREET, MINEOLA TX 75773
Sheree A. Mize	director, officer: Corporate Secretary	215 WEST BROAD STREET, MINEOLA TX 75773
Julie Sharff	officer: Chief Financial Officer	215 WEST BROAD STREET, MINEOLA TX 75773
Brittany Bessonett	officer: SVP and Marketing Officer	215 WEST BROAD STREET, MINEOLA TX 75773
Terri Baucum	officer: SVP & CLO	215 WEST BROAD STREET, MINEOLA TX 75773
Demethrius Boyd	director	215 WEST BROAD STREET, MINEOLA TX 75773
Anthony Scavuzzo	director	215 WEST BROAD STREET, MINEOLA TX 75773
Bryan Summerville	director	215 WEST BROAD STREET, MINEOLA TX 75773
Kerry Kindle	director	215 WEST BROAD STREET, MINEOLA TX 75773

Texas Community Bancshares (Texas Community Bancshares) Headlines

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Texas Community Bancshares, Inc. Adopts Stock Repurchase Program

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