TCFC Tri-County Financial Corp. featured news, full reports, and detailed charts
Tri-County Financial Corp. (TCFC/TCFC.OB) Wrap Up:
Tri-County Financial Corporation operates as the holding company of Community Bank of Tri-County, which provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company primarily accepts deposits and generates loans. Its deposit products comprise savings, money market, demand deposit, individual retirement accounts, SEP, Christmas clubs, and time deposit accounts. The company’s lending activities include residential first mortgage loans, commercial real estate and other non-residential real estate loans, construction and land development loans, and home equity and second mortgage loans; commercial loans; consumer loans for automobiles,...Tri-County Financial Corp. (TCFC:OTC Bulletin Board Market)
Snapshot of Tri-County Financial Corp. (TCFC)
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OPEN
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PREVIOUS CLOSE
$11.50
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
03/23/09 - $20.00
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52 WEEK LOW
10/29/09 - $10.10
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MARKET CAP
34.2M
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AVERAGE VOLUME 3 mo
360.0
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DILUTED EPS TTM
$0.67
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SHARES OUTSTANDING
3.0M
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EX-DATE
03/11/09
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P/E TTM
17.2x
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DIVIDEND
$0.40
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DIVIDEND YIELD
3.48%
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| K = Thousands M = Millions B = Billions | ||
TCFC Top Compensated Officers
Executives, Board Directors
Key developments for Tri-County Financial Corp. (TCFC)
Tri-County Financial Corp. announced earnings results for the six months ended June 30, 2009. For the period, the company reported net income, when compared with the previous year's six month period, declined by $1,150,721 to $1,292,054, compared to $2,442,775 for the same period in 2008. Diluted earnings per share were $0.29, compared to $0.79 for the six months ended June 30, 2008. The decline in net income was the result of several factors directly attributable to the severe economic crisis that manifested itself in the third quarter of 2008. Net interest income for the six months ended June 30, 2009 increased by $438,660, or 4.53%, over the previous year. The improvement was primarily due to earning asset growth during this period.
Tri-County Financial Corp. reported consolidated earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported net income declined by $546,401 to $769,840, compared to $1,316,241 for the same period in 2008. Diluted earnings per share were $0.19, compared to $0.45 for the three months ended March 21, 2008. The decline in net income was largely attributable to the effect of the Federal Reserve's actions to reduce interest rates by 5% over the last six quarters beginning in mid-2007. Net interest income for the three months ended March 31, 2009 was flat as earning asset growth was offset by the impact of the interest rate reduction. Net interest income increased only slightly from the same period in 2008, while non-interest income decreased minimally over the comparable period.
Tri-County Financial Corp. reported earnings results for the year ended December 31, 2008. For the year ended December 31, 2008, net income decreased to $3,815,332 from $5,105,635 for the previous year. Diluted earnings per share decreased to $1.24 from $1.79 in the previous year. It is important to note that net income for 2007 was augmented by a post-tax gain of $803,920 from the sale of a foreclosed property. Consistent with last year, a cash dividend of $0.40 per share was declared and payable in April 2009.
TCFC Competitors
| Company | Last | Change |
| Community Partners Bancorp | $3.90 USD | 0.00 |
| Fidelity D&D Bancorp Inc | $16.75 USD | 0.00 |
| Jeffersonville Bancorp | $9.36 USD | +0.11 |
| Landmark Bancorp Inc | $14.90 USD | 0.00 |
| Mid Penn Bancorp | $11.00 USD | 0.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | TCFC | Industry Range |
| Price/Earnings | 15.6x |
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| Price/Sales | 1.7x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | 12.8x |
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| TEV/Sales | NM | Not Meaningful |
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TCFC |
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TCFC transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent News About Tri-County Financial Corp.
More news for TCFC
TRI COUNTY FINANCIAL CORP /MD/ Files SEC form 10-Q, Quarterly Report
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including: discussions of Tri-County Financial Corporation's (the "Company") goals, strategies and expected outcomes; estimates of risks and future costs; and reports of the Company's ability to achieve its financial and other goals. Forward-looking statements are generally preceded by terms such as "expects," "believes," "anticipates," "intends" and similar expressions. These forward-looking statements are subject to significant known and unknown risks and uncertainties because they are based upon future economic conditions, particularly interest rates, competition within and without the banking industry, changes in laws and regulations applicable to the Company, changes in accounting principles, and various other matters. Additional factors that may affect our results are discussed in Part I of the Company's Annual Report on Form 10-K for the year ended December 31, 2008 (the "Form 10-K") and Part II of this Quarterly Report on Form 10-Q under "Item 1A. Risk Factors." Because of these uncertainties, there can be no assurance that actual results, performance or achievements of the Company will not differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The Company does not undertake - and specifically disclaims any obligation - to publicly release the result of any revisions that may be made to any forward-looking statement to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. GENERAL The Company is a bank holding company organized in 1989 under the laws of the State of Maryland. It owns all the outstanding shares of capital stock of ...Click here to read the whole Article (external link)
TRI COUNTY FINANCIAL CORP /MD/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement
Show all filings for TRI COUNTY FINANCIAL CORP /MD/ | Request a Trial to NEW EDGAR Online Pro Form 8-K for TRI COUNTY FINANCIAL CORP /MD/ 8-Sep-2009Results of Operations and Financial Condition, Financial Statement Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...Click here to read the whole Article (external link)
TRI COUNTY FINANCIAL CORP /MD/ Financials
PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue10,264 9,790 9,804 9,954 Cost of Revenue3,125 3,173 3,254 3,234 Gross Profit7,138 6,616 6,550 6,720 Operating ExpensesResearch Development - - - - Selling General and Administrative4,128 3,666 3,644 3,482 Non Recurring - - - - Others1,212 681 906 604 Total Operating Expenses - - - - Operating Income or Loss1,798 2,269 1,999 2,634 Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes1,798 2,269 1,999 2,634 Interest Expense1,055 1,087 1,235 1,259 Income Before Tax744 1,182 764 1,374 Income Tax Expense222 413 275 490 Minority Interest - - - - Net Income From Continuing Ops522 770 488 884 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - ...Click here to read the whole Article (external link)
TRI COUNTY FINANCIAL CORP /MD/ Files SEC form 10-Q, Quarterly Report
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including discussions of Tri-County Financial Corporation's (the "Company") goals, strategies and expected outcomes; estimates of risks and future costs; and reports of the Company's ability to achieve its financial and other goals. Forward-looking statements are generally preceded by terms such as "expects," "believes," "anticipates," "intends" and similar expressions. These forward-looking statements are subject to significant known and unknown risks and uncertainties because they are based upon future economic conditions, particularly interest rates, competition within and without the banking industry, changes in laws and regulations applicable to the Company, changes in accounting principles, and various other matters. Additional factors that may affect our results are discussed in Part I of the Company's Annual Report on Form 10-K for the year ended December 31, 2008 (the "Form 10-K") and Part II of this Quarterly Report on Form 10-Q under "Item 1A. Risk Factors." Because of these uncertainties, there can be no assurance that actual results, performance or achievements of the Company will not differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The Company does not undertake - and specifically disclaims any obligation - to publicly release the result of any revisions that may be made to any forward-looking statement to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. GENERAL The Company is a bank holding company organized in 1989 under the laws of the State of Maryland. It owns all the outstanding shares of capital stock of C...Click here to read the whole Article (external link)
TRI COUNTY FINANCIAL CORP /MD/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement
Show all filings for TRI COUNTY FINANCIAL CORP /MD/ | Request a Trial to NEW EDGAR Online Pro Form 8-K for TRI COUNTY FINANCIAL CORP /MD/ 3-Jun-2009Results of Operations and Financial Condition, Financial Statement Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informat...Click here to read the whole Article (external link)
TRI COUNTY FINANCIAL CORP /MD/ Files SEC form 10-Q, Quarterly Report
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including discussions of Tri-County Financial Corporation's (the "Company") goals, strategies and expected outcomes; estimates of risks and future costs; and reports of the Company's ability to achieve its financial and other goals. Forward-looking statements are generally preceded by terms such as "expects," "believes," "anticipates," "intends" and similar expressions. These forward-looking statements are subject to significant known and unknown risks and uncertainties because they are based upon future economic conditions, particularly interest rates, competition within and without the banking industry, changes in laws and regulations applicable to the Company, changes in accounting principles, and various other matters. Additional factors that may affect our results are discussed in Part I of the Company's Annual Report on Form 10-K for the year ended December 31, 2008 (the "Form 10-K") and Part II of this Quarterly Report on Form 10-Q under "Item 1A. Risk Factors." Because of these uncertainties, there can be no assurance that actual results, performance or achievements of the Company will not differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The Company does not undertake - and specifically disclaims any obligation - to publicly release the result of any revisions that may be made to any forward-looking statement to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. GENERAL The Company is a bank holding company organized in 1989 under the laws of the State of Maryland. It owns all the outstanding shares of capital stock of Community ...Click here to read the whole Article (external link)
TRI COUNTY FINANCIAL CORP /MD/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement
Show all filings for TRI COUNTY FINANCIAL CORP /MD/ | Request a Trial to NEW EDGAR Online Pro Form 8-K for TRI COUNTY FINANCIAL CORP /MD/ 11-May-2009Results of Operations and Financial Condition, Financial Statement Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All inform...Click here to read the whole Article (external link)
TRI COUNTY FINANCIAL CORP /MD/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement
Show all filings for TRI COUNTY FINANCIAL CORP /MD/ | Request a Trial to NEW EDGAR Online Pro Form 8-K for TRI COUNTY FINANCIAL CORP /MD/ 8-Apr-2009Results of Operations and Financial Condition, Financial Statement Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...Click here to read the whole Article (external link)
TRI COUNTY FINANCIAL CORP /MD/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Show all filings for TRI COUNTY FINANCIAL CORP /MD/ | Request a Trial to NEW EDGAR Online Pro Form 8-K for TRI COUNTY FINANCIAL CORP /MD/ 6-Apr-2009Other Events, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as i...Click here to read the whole Article (external link)
TRI COUNTY FINANCIAL CORP /MD/ Files SEC form 8-K, Other Events
Show all filings for TRI COUNTY FINANCIAL CORP /MD/ | Request a Trial to NEW EDGAR Online Pro Form 8-K for TRI COUNTY FINANCIAL CORP /MD/ 30-Jan-2009Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not ...Click here to read the whole Article (external link)
