Texas Community Bancshares Inc

For the period ended Dec 31, 2023. Filed Mar 27, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 27, 2024

TCBS$17.15+0.3%Stored close · as of Nov 9, 2026

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Contents

ITEM 2. Properties

As of December 31, 2023, the net book value of our land, building and equipment was $11.5 million. The following table sets forth information regarding our offices as of December 31, 2023:


· · Leased or · · Year Acquired · · Net Book Value of
Location · Owned · or Leased · Real Property
· · · · · · (In thousands)
Main Office: · · · ·
215 West Broad Street Mineola, TX 75773	Own	1964	$2,352

Branch Offices:

1224 North Pacific Street Mineola, TX 75773	Lease	1999	$84

415 West Frank Street Grand Saline, TX 75140	Own	2006	$986

500 South Main Street Winnsboro, TX 75494	Own	2005	$1,253

304 South Main Street Lindale, TX 75771	Own	2017	$3,719

500 West Pine Street Edgewood, TX 75117	Own	2018	$825

917 East Southeast Loop 323 Tyler, TX 75701	Own	2023	$2,306

1435 South Buffalo Canton, TX 75103	Lease	2023	$2

During the first quarter of 2023, we purchased two buildings adjacent to the Bank’s home office in Mineola with the intention of possible future expansion. In the first quarter of 2024, we opened a new branch in Tyler, Texas and moved into the new branch building located at the same location in Lindale. We believe that all other current facilities are adequate to meet our present and foreseeable needs, subject to possible future expansion.

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