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TC Bancshares (TC Bancshares) Equity-to-Asset : 0.16 (As of Mar. 2024)


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What is TC Bancshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TC Bancshares's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $77.84 Mil. TC Bancshares's Total Assets for the quarter that ended in Mar. 2024 was $474.68 Mil. Therefore, TC Bancshares's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.16.

The historical rank and industry rank for TC Bancshares's Equity-to-Asset or its related term are showing as below:

TCBC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.2   Max: 0.23
Current: 0.16

During the past 5 years, the highest Equity to Asset Ratio of TC Bancshares was 0.23. The lowest was 0.10. And the median was 0.20.

TCBC's Equity-to-Asset is ranked better than
89.61% of 1482 companies
in the Banks industry
Industry Median: 0.09 vs TCBC: 0.16

TC Bancshares Equity-to-Asset Historical Data

The historical data trend for TC Bancshares's Equity-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.

TC Bancshares Equity-to-Asset Chart

TC Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.12 0.11 0.23 0.20 0.17

TC Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.20 0.18 0.17 0.16

Competitive Comparison of TC Bancshares's Equity-to-Asset

For the Banks - Regional subindustry, TC Bancshares's Equity-to-Asset, along with its competitors' market caps and Equity-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.


TC Bancshares's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where TC Bancshares's Equity-to-Asset falls into.



TC Bancshares Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

TC Bancshares's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=79.634/466.583
=0.17

TC Bancshares's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=77.839/474.676
=0.16

* 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.


TC Bancshares  (NAS:TCBC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


TC Bancshares Equity-to-Asset Related Terms

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


TC Bancshares (TC Bancshares) Business Description

Traded in Other Exchanges
Address
131 South Dawson Street, P.O. Box 1197, Thomasville, GA, USA, 31792
TC Bancshares Inc is a federally chartered savings bank. Its business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in one-to four-family residential real estate loans, commercial and multi-family residential real estate loans, commercial and industrial loans, construction and land development loans, and consumer loans.
Executives
Joshua Travis Bryant director 131 SOUTH DAWSON STREET, THOMASVILLE GA 31792
Stephanie B Tillman director 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Peter Desantis director 131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Jefferson Johnson director 131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Fortson Rumble director 131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Scott Charles Mclean officer: EVP-CHIEF FINANCIAL OFFICER 101 WEINGARTEN PLACE, CARY NC 27519
Michael Sherman Penney officer: EVP-CHIEF CREDIT OFFICER 131 SOUTH DAWSON STREET, THOMASVILLE GA 31799
Charles Dixon director 131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
George Matthew Brown director 131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Nathan Higdon officer: See Remarks 131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Linda K. Palmer officer: See Remarks 131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Fred E. Murphy director 131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799
Gregory Eiford director, officer: See Remarks 131 SOUTH DAWSON STREET, PO BOX 1197, THOMASVILLE GA 31799

TC Bancshares (TC Bancshares) Headlines