TC Bancshares (TC Bancshares) Allowance For Loans And Lease Losses : $-4.89 Mil (As of Mar. 2024)

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What is TC Bancshares Allowance For Loans And Lease Losses?

TC Bancshares's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-4.89 Mil.

TC Bancshares's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-4.67 Mil) to Dec. 2023 ($-4.84 Mil) and declined from Dec. 2023 ($-4.84 Mil) to Mar. 2024 ($-4.89 Mil).

TC Bancshares's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-4.18 Mil) to Dec. 2022 ($-4.36 Mil) and declined from Dec. 2022 ($-4.36 Mil) to Dec. 2023 ($-4.84 Mil).

TC Bancshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for TC Bancshares's Allowance For Loans And Lease Losses 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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TC Bancshares Allowance For Loans And Lease Losses Chart

TC Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

-3.07

-4.09

-4.18

-4.36

-4.84

TC Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial													-4.64	-4.64	-4.67	-4.84	-4.89

TC Bancshares Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

TC Bancshares Allowance For Loans And Lease Losses Related Terms

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TC Bancshares (TC Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » TC Bancshares Inc (NAS:TCBC) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

1JF:Germany

Address

131 South Dawson Street, P.O. Box 1197, Thomasville, GA, USA, 31792

Website

https://www.tcfederal.com

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