Here are a few analogies for Texas Community Bancshares (TCBS):

• Think of it as a highly localized Bank of America, serving customers in Mineola, Texas and the Dallas-Fort Worth Metroplex.

• It's like a community-focused Chase Bank, providing traditional services across parts of East Texas and DFW.

• Deposit Accounts: The company offers a selection of accounts including checking, savings, certificates of deposit, individual retirement accounts, and sweep accounts.
• Lending Services: A broad range of loans are provided, such as residential mortgage, commercial real estate, construction and land, car, boat, agricultural, commercial, and consumer loans.
• Digital Banking: Customers can utilize online banking and mobile banking services for convenient account management.
• Ancillary Banking Services: Additional services include safe deposit boxes and various types of cards.

Texas Community Bancshares (TCBS) sells primarily to individuals and businesses. Its major customer categories include:

1. Individual Consumers: These customers utilize a range of personal banking services such as savings accounts, checking accounts, certificates of deposit, individual retirement accounts, one- to four-family residential mortgage loans, car loans, boat loans, and other unsecured consumer loans.
2. Commercial Businesses: This category encompasses businesses that use the bank's services for commercial real estate loans, construction and land loans, and general commercial loans.
3. Agricultural Businesses: A specific segment of commercial customers focused on agricultural loans.

Fiserv, Inc. (FISV)

Jason Sobel, Chief Executive Officer and President

Jason Sobel assumed the roles of Chief Executive Officer and President of Texas Community Bancshares and its subsidiary, Broadstreet Bank, in November 2023. He holds a Master's Degree in Business Administration from Southern Illinois University and commenced his banking career as a teller. Mr. Sobel is recognized for his strong leadership skills and extensive knowledge within the banking industry.

Jason McCrary, Chief Financial Officer

Jason McCrary was appointed Chief Financial Officer of Texas Community Bancshares and Broadstreet Bank, SSB, effective December 1, 2025. A Certified Public Accountant, he brings over two decades of experience in accounting, finance, and community banking leadership. Mr. McCrary began his career in public accounting with Deloitte & Touche, LLP, and held finance and accounting roles with a global pharmaceutical company before transitioning to banking in 2012. Prior to joining Texas Community Bancshares in 2024 as Vice President of Finance and Accounting, he served as Chief Financial Officer for a nearly $2 billion institution before its acquisition by a larger regional bank.

Haskell Strange, Chief Operating Officer

Haskell Strange has served as Senior Vice President and Chief Operating Officer of Broadstreet Bank since 2004. With over 20 years of experience in information technology, he oversees the bank's operations and information technology, and also contributes to deposit compliance, human resources, and marketing efforts.

Chaska Caraway, Corporate Secretary

Chaska Caraway serves as the Corporate Secretary for Texas Community Bancshares. She possesses twenty-four years of extensive experience in the banking industry, having held diverse roles such as Teller, New Accounts Representative, Lobby Manager, Commercial Lending Assistant, and Executive Administrative Assistant.

Sheree A. Mize, Assistant Corporate Secretary

Sheree A. Mize joined Broadstreet Bank in 1977 and holds the position of Assistant Corporate Secretary for both Texas Community Bancshares and Broadstreet Bank. Her long tenure includes various positions within the bank, providing her with valuable knowledge of bank operations, deep insight into the local community, and extensive experience in the banking sector.

Key Business Risks for Texas Community Bancshares (TCBS)

Texas Community Bancshares (NASDAQ: TCBS), the holding company for Broadstreet Bank (formerly Mineola Community Bank), faces several key risks inherent to the banking industry, particularly for community-focused institutions. These risks primarily stem from intense market competition, interest rate fluctuations impacting net interest margins, and the ongoing burden of regulatory compliance costs.

• Intense Competition

  Texas Community Bancshares operates in a highly competitive financial landscape, contending with a diverse range of institutions including money center banks, regional banks, other community banks, mortgage brokers, consumer finance companies, and credit unions. This competition is fierce for both attracting deposits and originating loans within its primary market area in Mineola, Texas, and the Dallas-Fort Worth Metroplex. The high concentration of financial institutions necessitates continuous effort to retain existing customers and attract new ones.

• Interest Rate Risk and Net Interest Margin Compression

  As a community bank, TCBS is significantly exposed to risks associated with changes in interest rates. The 2023 CSBS Annual Survey of Community Banks highlighted net interest margins, the cost of funds, and core deposit growth as the top three most critical external risks for state-chartered community banks, largely driven by the Federal Reserve's aggressive monetary policy tightening. Fluctuations in interest rates can compress net interest margins (the difference between interest earned on assets and interest paid on liabilities), directly impacting the bank's profitability if it cannot effectively manage its asset and liability repricing.

• Regulatory Burden and Compliance Costs

  Texas Community Bancshares is subject to a complex and evolving regulatory environment, which translates into significant compliance costs and operational challenges. Federal regulatory scrutiny on smaller banks, often referred to as Dodd-Frank tail risks, is increasing. Key legal and regulatory factors include tightening anti-money laundering (AML) rules, aggressive consumer fee regulation, and new state-level data privacy mandates. These regulatory requirements directly impact the company's operational budget and can increase its exposure to litigation. The company, as a registered bank holding company, is subject to comprehensive regulation and examination by the Federal Reserve Board and the Texas Department of Savings and Mortgage Lending.

The clear emerging threat for Texas Community Bancshares is the rise of digital-only banks (neobanks) and specialized fintech lenders. These entities leverage technology to offer banking and lending services with significantly lower overhead costs and often greater convenience, directly competing for deposits and loans, particularly among tech-savvy customers in markets like the Dallas Fort Worth Metroplex, potentially drawing customers away from traditional community banks.

Dallas Fort Worth Metroplex

• Deposits: Banks across the Dallas-Fort Worth region held a cumulative total of approximately $714.7 billion in deposits as of June 30, 2023.
• Residential Mortgage Loans: The Dallas-Fort Worth Metroplex is a significant market for residential mortgages. In 2023, the purchase mortgage loan market was valued at approximately $37.2 billion, with 90,266 purchase mortgage loans originated. Projections for 2025 forecast total dollar originations for purchase loans in Dallas to exceed $47 billion, with approximately 102,000 purchase loan originations. For luxury homes ($1 million+), the total sales volume in DFW reached $8.5 billion from November 2023 to October 2024.
• Commercial Real Estate Loans (including Construction and Land Loans): The Dallas-Fort Worth commercial real estate investment market saw activity totaling $13.2 billion in the first nine months of 2023. More recently, investment activity surged to an impressive $92.5 billion across major asset classes in the first quarter of 2025. The multifamily sector, a component of commercial real estate, attracted $30 billion in capital during Q1 2025.

Mineola, Texas and Surrounding Area (Wood, Van Zandt, and Smith Counties)

• Deposits: As of June 30, 2020, Mineola Community Bank, S.S.B. had a deposit market share of 15.3% in Wood County with $149.2 million in deposits, indicating a total deposit market of approximately $975 million in Wood County. In Van Zandt County, the bank held $66.7 million in deposits, representing a 6.8% market share, suggesting a total deposit market of approximately $981 million. The bank also had a 0.1% market share in Smith County with $5.8 million in deposits.

Texas

• Agricultural Loans: Agricultural loans across the state of Texas reached $3.5 billion in 2023.

Texas Community Bancshares (NASDAQ: TCBS), operating as Broadstreet Bank, is expected to drive future revenue growth over the next two to three years through several key strategies:

1. Growth in Commercial Loan Portfolio: The company is actively focusing on increasing its portfolio of higher-yielding commercial loans and strengthening commercial relationships. This strategy involves redeploying proceeds from previous residential loan sales into the commercial sector to balance its loan portfolio and enhance net interest income.
2. Expansion of Net Interest Margin (NIM) through Optimized Pricing: TCBS is committed to expanding its Net Interest Margin by strategically focusing on loan and deposit pricing. This approach aims to maximize the profitability of its lending and deposit-taking activities.
3. Geographic Expansion and Branch Network Enhancement: The rebranding to Broadstreet Bank in 2023 was intended to support growth into new communities. The bank has a history of establishing new branches, including a Tyler branch in 2024, and its leadership continuously seeks opportunities to enhance market share, expand its branch network, and grow its client base.
4. Investment in Digital Banking and New Product Offerings: Broadstreet Bank is investing significantly in new technology and products to enhance its service offerings. This includes implementing an automated consumer loan process, online account opening, and online mortgage products, which aim to attract and better serve customers through digital channels.
5. Operational Efficiency Initiatives: Ongoing efficiency projects and a balance sheet restructuring completed in 2024 have contributed to improved financial performance. These efforts are expected to continue to positively impact the bank's profitability and revenue generation.

Share Repurchases

• Texas Community Bancshares completed the repurchase of 153,083 shares under a previous stock repurchase program as of December 16, 2025.
• A new stock repurchase program was authorized on December 16, 2025, allowing the company to buy back up to 144,364 shares, representing approximately 5% of its outstanding common stock.
• Based on a trading price of $16.45 per share on December 16, 2025, the newly authorized repurchase program is valued at approximately $2.375 million.

Share Issuance

• On July 14, 2021, Texas Community Bancshares completed its initial public offering (IPO) in connection with its conversion to a stock holding company.
• The company issued 3,257,759 shares of common stock at a price of $10.00 per share, totaling approximately $32.58 million.
• As part of the IPO, 50,000 shares of common stock and $75,000 in cash were contributed to the TCBS Foundation, Inc.

Capital Expenditures

• The company continues to invest in technology and new products, including automated consumer loans, online account opening, and mortgage products.