TCBS

EX-99.1

2 tcbs-20260424xex99d1.htm

EX-99.1

Exhibit 99.1

Company Contact:

Jason Sobel

President and Chief Executive Officer

Texas Community Bancshares, Inc.

(903) 569-2602

jsobel@broadstreet.bank

TEXAS COMMUNITY BANCSHARES, INC. REPORTS UNAUDITED FINANCIAL RESULTS FOR

THE FIRST QUARTER ENDED MARCH 31, 2026

MINEOLA, Texas; April 24, 2026 — Texas Community Bancshares, Inc. (“Texas Community Bancshares” or the “Company”) (NASDAQ: TCBS), the holding company for Broadstreet Bank, SSB, today reported net income of $836,000 for the three months ended March 31, 2026, compared to net income of $643,000 for the three months ended  March 31, 2025.

Texas Community Bancshares’ President and Chief Executive Officer (CEO) Jason Sobel, said, “I am pleased to report continued momentum across our key financial measures. Net income increased to $836,000 for the quarter, up from $643,000 in the 1st quarter of 2025, representing a 30.0% improvement compared to the same period last year. This marks our sixth consecutive record quarter in our 92-year history. In addition, compared to 2021, the year in which we went public—when full-year net income was $518,000—we have already generated more than 150% of that amount in the first quarter of 2026.”

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“We still have over $80 million in our loan portfolio at rates of 4% or less that will continue to pay down and be replaced with new loans at current market rates. Currently, we are seeing favorable loan demand that is helping us reach our growth target. We have also grown our lower cost deposit base, which is helping reduce our funding costs.”

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“The bank has continued to modernize by automating portions of our loan processing, issuing tap-to-pay cards on site, and deploying ATMs that accept deposits for transactions that cannot be completed through mobile deposit.”

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“As we continue to meet our improvement targets, we are now poised for growth. We plan to enter the outer DFW market and broke ground this quarter in Terrell, Texas. With the area experiencing significant expansion, we expect to be the fourth bank in a market with more than $1 billion in deposits.”

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“Last year, we foreclosed on two large real estate relationships and moved the underlying collateral properties to Other Real Estate Owned. Both are located in desirable areas – one in our primary market area, and one in the DFW metroplex. Each property is being marketed for sale, and we have received strong interest.”

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“There is a lot of noise in the economy today, and we believe we are positioned to benefit across a range of scenarios. If rates rise, we can replace low-rate loans with higher-yielding credits. If rates decline, we can lower our funding costs. If loan demand increases, we are prepared to grow. If loan demand slows, we can meaningfully pay down non-core funding to reduce interest expense and adjust fixed-rate deposit costs to improve efficiency. We also have more variable-rate assets than ever before, which provides additional flexibility in changing market conditions.”

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“We continue to believe we are stronger, more efficient, and better positioned than ever to capitalize on opportunities in 2026. We will continue to work with trusted partners as we evaluate options to expand our market share, optimize our branch network, and grow our client base. We remain committed to executing our strategic growth plan while creating long-term value and returns for our shareholders.”

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Results of Operations

Net interest income increased $103,000, or 3.1%, to $3.4 million for the three months ended March 31, 2026 from $3.3 million for the three months ended March 31, 2025 due to a decrease in interest expense of $167,000. This

resulted primarily from a reduction of $10.4 million, or 3.5%, in average interest-bearing deposits from $293.6 million for the three months ended March 31, 2025 to $283.2 million for the three months ended March 31, 2026.  Additionally, the cost of interest-bearing deposits decreased 12 basis points over the same period to 2.33% for the three months ended March 31, 2026 from 2.45% for the same period in 2025.

Interest income for the three months ended March 31, 2026 decreased $64,000, or 1.1% to $5.6 million. Loan interest increased by $254,000, or 5.8% to $4.7 million for three months ended March 31, 2026 from $4.4 million for the three months ended March 31, 2025.  Loan yields increased 26 basis points, or 4.4%, to 6.14% for the three months ended March 31, 2026 from 5.88% for the same period in 2025.  This was offset by a decrease of $266,000, or 25.9%, in interest on securities.  Average securities decreased $18.1 million, or 18.8%, to $78.0 million for the three months ended March 31, 2026 from $96.1 million for the same period in 2025.  The average yield on securities also decreased 37 basis points, or 8.7% to 3.91% for the three months ended March 31, 2026 from 4.28% for the same period in 2025.

The provision for credit losses was $6,000 for the three months end

Texas Community Bancshares, Inc._August 1, 2025 0001849466false00018494662025-08-012025-08-01 ​ ​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

​

FORM 8-K

​

CURRENT REPORT

​ Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ​ Date of Report (Date of earliest event reported): August 1, 2025 ​ Texas Community Bancshares, Inc. (Exact Name of Registrant as Specified in its Charter) ​ ​

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​

​

Maryland

001-40610

86-2760335

(State or Other Jurisdiction of Incorporation) ​ (Commission File No.) ​ (I.R.S. Employer Identification No.)

​ ​ ​ ​ ​

215 West Broad Street, Mineola, Texas ​ ​ ​ 75773

(Address of Principal Executive Offices) ​ ​ ​ (Zip Code)

​ (903) 569-2602 (Registrant’s telephone number, including area code) ​ Not Applicable (Former name or former address, if changed since last report) ​ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ​ ​

​

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

​ Securities registered pursuant to Section 12(b) of the Act: ​

Common stock, par value $0.01 per share

TCBS

The Nasdaq Stock Market, LLC

Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered

​ Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. ​ Emerging growth company ☒ ​ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☒ ​ ​ ​

Item 2.02Results of Operations and Financial Condition. ​ On August 1, 2025, Texas Community Bancshares, Inc. issued a press release announcing its unaudited consolidated financial results for the three and six months ended June 30, 2025. A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference. ​ Item 9.01Financial Statements and Exhibits. ​ (d) Exhibits

​ ​

​

99.1 Press Release dated August 1, 2025

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

​ ​ ​ ​

SIGNATURES

​ Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ​ ​

​

​

​ ​

TEXAS COMMUNITY BANCSHARES, INC.

​ ​ ​

​ ​ ​

Date:     August 1, 2025 By: /S/  Jason Sobel

​ ​ Jason Sobel

​ ​ President and Chief Executive Officer

​ ​ ​ ​ ​

Texas Community Bancshares, Inc._May 1, 2025 0001849466false00018494662025-05-012025-05-01 ​ ​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

​

FORM 8-K

​

CURRENT REPORT

​ Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ​ Date of Report (Date of earliest event reported): May 1, 2025 ​ Texas Community Bancshares, Inc. (Exact Name of Registrant as Specified in its Charter) ​ ​

​

​

​

​

Maryland

001-40610

86-2760335

(State or Other Jurisdiction of Incorporation) ​ (Commission File No.) ​ (I.R.S. Employer Identification No.)

​ ​ ​ ​ ​

215 West Broad Street, Mineola, Texas ​ ​ ​ 75773

(Address of Principal Executive Offices) ​ ​ ​ (Zip Code)

​ (903) 569-2602 (Registrant’s telephone number, including area code) ​ Not Applicable (Former name or former address, if changed since last report) ​ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ​ ​

​

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

​ Securities registered pursuant to Section 12(b) of the Act: ​

Common stock, par value $0.01 per share

TCBS

The Nasdaq Stock Market, LLC

Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered

​ Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. ​ Emerging growth company ☒ ​ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☒ ​ ​ ​

Item 2.02Results of Operations and Financial Condition. ​ On May 1, 2025, Texas Community Bancshares, Inc. issued a press release announcing its unaudited consolidated financial results for the three months ended March 31, 2025. A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference. ​ Item 9.01Financial Statements and Exhibits. ​ (d) Exhibits

​ ​

​

99.1 Press Release dated May 1, 2025

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

​ ​ ​ ​

SIGNATURES

​ Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ​ ​

​

​

​ ​

TEXAS COMMUNITY BANCSHARES, INC.

​ ​ ​

​ ​ ​

Date:     May 1, 2025 By: /S/  Jason Sobel

​ ​ Jason Sobel

​ ​ President and Chief Executive Officer

​ ​ ​ ​ ​