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Texas Community Bancshares (Texas Community Bancshares) Equity-to-Asset : 0.12 (As of Dec. 2023)


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What is Texas Community Bancshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Texas Community Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $53.69 Mil. Texas Community Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $452.04 Mil. Therefore, Texas Community Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.

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

TCBS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.12   Max: 0.17
Current: 0.12

During the past 5 years, the highest Equity to Asset Ratio of Texas Community Bancshares was 0.17. The lowest was 0.11. And the median was 0.12.

TCBS's Equity-to-Asset is ranked better than
75.95% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs TCBS: 0.12

Texas Community Bancshares Equity-to-Asset Historical Data

The historical data trend for Texas Community 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.

Texas Community Bancshares Equity-to-Asset Chart

Texas Community Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.12 0.11 0.17 0.13 0.12

Texas Community Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.13 0.13 0.13 0.12 0.12

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

For the Banks - Regional subindustry, Texas Community 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.


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

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

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



Texas Community 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.

Texas Community 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
=53.689/452.044
=0.12

Texas Community Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=53.689/452.044
=0.12

* 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.


Texas Community Bancshares  (NAS:TCBS) 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%.


Texas Community Bancshares Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Texas Community Bancshares's Equity-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

Traded in Other Exchanges
N/A
Address
215 West Broad Street, P.O. Box 410, Mineola, TX, USA, 75773
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