Texas Community Bancshares Inc 2024年度报告

OR (903) 569-2602(Registrant’s telephone number, including area code)Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes⌧No⌧ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes⌧No⌧ Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file reports),and (2) has been subject to such filing requirements for the past 90 days. Yes⌧No⌧ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or such shorter period that theregistrant was required to submit such files). Yes⌧No⌧ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Accelerated filer☐ Non-accelerated filer☐Smaller reporting company☐ Large accelerated filer☐ Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b))by the registered public accounting firm that prepared or issued its audit report. ☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by a check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements. ☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☐ As of June 30, 2024, the aggregate market value of the voting and non-voting common equity held by non-affiliates of theregistrant was $33,071,891. As of March 25, 2025, 3,061,652 shares of the registrant’s common stock were outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant’s Definitive Proxy Statement for the 2025 Annual Meeting of Stockholders are incorporated byreference into Part III of this annual report. TABLE OF CONTENTS PART I4ITEM 1.Business4ITEM 1A.Risk Factors29ITEM 1B.Unresolved Staff Comments29ITEM 1C.Cybersecurity30ITEM 2.Properties31ITEM 3.Legal Proceedings31ITEM 4.Mine Safety Disclosures31PART II32ITEM 5.Market for Registrant’s Common Equity, Related Stockholder Matters and IssuerPurchases of Equity Securities32ITEM 6.[Reserved]32ITEM 7.Management’s Discussion and Analysis of Financial Condition and Results ofOperations32ITEM 7A.Quantitative and Qualitative Disclosures About Market Risk49ITEM 8.Financial Statements and Supplementary Data50ITEM 9.Changes In and Disagreements With Accountants on Accounting and FinancialDisclosure100ITEM 9A.Controls and Procedures100ITEM 9B.Other Information101ITEM 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections101PART III101ITEM 10.Directors, Executive Officers and Corporate Governance101ITEM 11.Executive Compensation101ITEM 12.Security Ownership of Certain Beneficial Owners and Management and RelatedStockholder Matters101ITEM 13.Certain Relationships and Related Transactions, and Director Independence102ITEM 14.Principal Accountant Fees and Services102PART IV103ITEM 15.Exhibits and Financial Statement Schedules103ITEM 16.Form 10-K Summary103SIGNATURES104 Table of Contents PART I ITEM 1.Business Forward Looking Statements This annual report contains forward-looking statements, which can be identified by the use of words suchas such “estimate,” “project,” “believe,” “intend,” “anticipate,” “plan,” “seek,” “expect,” “will,” “would,” “should,”“could” or “may,” and words of similar meaning. These forward-looking statements include, but are not limited to: ●statements of our goals, intentions and expectations;●statements regarding our business plans, prospects, growth and operating strategies;●statements regarding the qual