TCBS (Texas Community Bancshares) Tax Rate % : 14.59% (As of Sep. 2024)

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What is Texas Community Bancshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Texas Community Bancshares's Tax Expense for the three months ended in Sep. 2024 was $0.09 Mil. Texas Community Bancshares's Pre-Tax Income for the three months ended in Sep. 2024 was $0.60 Mil. Therefore, Texas Community Bancshares's Tax Rate % for the quarter that ended in Sep. 2024 was 14.59%.

Texas Community Bancshares Tax Rate % Historical Data

The historical data trend for Texas Community Bancshares's Tax Rate % 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.

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Texas Community Bancshares Tax Rate % Chart

Texas Community Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

17.86

20.49

15.22

19.43

21.77

Texas Community Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															20.42	16.58	20.87	12.56	14.59

Texas Community Bancshares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Texas Community Bancshares's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-0.204	/	-0.937
	=	21.77 %

Texas Community Bancshares's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	0.088	/	0.603
	=	14.59 %

Texas Community Bancshares Tax Rate % Related Terms

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Texas Community Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Texas Community Bancshares Inc (NAS:TCBS) » Definitions » Tax Rate %

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 holding company. 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. Its portfolio segments are real estate, agriculture, commercial, consumer and other.

Executives

Anthony Scavuzzo	director	215 WEST BROAD STREET, MINEOLA TX 75773
Terri Baucum	officer: SVP & CLO	215 WEST BROAD STREET, MINEOLA TX 75773
Glen Thurman	director	215 WEST BROAD STREET, MINEOLA TX 75773
Sheree A. Mize	director, officer: Corporate Secretary	215 WEST BROAD STREET, MINEOLA TX 75773
Haskell Strange	officer: SVP and COO	215 WEST BROAD STREET, MINEOLA TX 75773
Brittany Bessonett	officer: SVP and Marketing Officer	215 WEST BROAD STREET, MINEOLA TX 75773
Jason Sobel	officer: Bank President	215 WEST BROAD STREET, MINEOLA TX 75773
Kraig Yarbrough	officer: SVP	215 WEST BROAD STREET, MINEOLA TX 75773
Julie Sharff	officer: Chief Financial Officer	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
Demethrius Boyd	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