Texas Community Bancshares appoints Jason McCrary as chief financial officer

Published 02/12/2025, 22:56
Texas Community Bancshares appoints Jason McCrary as chief financial officer

Texas Community Bancshares, Inc. (NASDAQ:TCBS) announced the appointment of Jason McCrary, CPA, as chief financial officer of the company and its bank subsidiary, Broadstreet Bank, SSB. The appointment became effective Monday, according to a statement provided in a recent SEC filing.

The company previously disclosed its intention to appoint McCrary in a Form 8-K filed on November 13, 2025. Portions of that earlier filing related to McCrary’s appointment are incorporated by reference in the current report.

Texas Community Bancshares is based in Mineola, Texas, and operates as a savings institution. The company’s common stock is listed on the Nasdaq Stock Market under the symbol TCBS.

This information is based on a press release statement included in a filing with the Securities and Exchange Commission. The bank has raised its dividend for three consecutive years, with a current dividend yield of 1.26% and a notable 25% dividend growth in the last year. InvestingPro data reveals several more insights about the company’s financial health and growth prospects.

In other recent news, Texas Community Bancshares has announced an increase in its quarterly cash dividend, now set at $0.05 per share, which is a $0.01 increase from the previous quarter. Additionally, the company declared a special cash dividend of $0.03 per share, with both dividends scheduled to be paid on December 16, 2025, to shareholders recorded by December 2, 2025. In leadership changes, Texas Community Bancshares appointed Jason McCrary as the new Chief Financial Officer, succeeding Julie Sharff, who is retiring after over 28 years with the company. Sharff played a significant role in guiding the bank through its initial public offering and establishing public reporting practices. She will remain as a consultant during the transition period to assist McCrary. These developments reflect Texas Community Bancshares’ ongoing efforts to enhance shareholder value and ensure a smooth leadership transition.

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