Third Century Bancorp Q3 Profit Jumps 48% on Net Interest Income Surge
TDCB has more than doubled off its 52-week low of $6.45.
Summary
Third Century Bancorp posted Q3 2026 net income of $735K, or $0.63 per share, up 47.69% from $0.43 a year earlier. The gain came almost entirely from net interest income, which rose $414K to $2.68M on higher loan and cash balances, and the quarter carried no credit loss provision — a sign credit quality is holding. Deposits grew to $321.46M from $280.09M at year-end 2025, letting the bank cut FHLB advances to $22.0M from prior levels. The offset: equity slipped to $11.16M as unrealized losses on the available-for-sale securities portfolio widened, which pressures book value even as core earnings improve. For a micro-cap OTC bank, a 48% earnings jump with clean credit and a stronger deposit base is a real fundamental improvement, though the AFS marks cap how much capital can be returned or redeployed.
At the time of this announcement, TDCB was trading at $15.90 on OTC in the Finance sector, with a market capitalization of approximately $18.8M. The 52-week trading range was $6.45 to $19.79. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.