Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 17, 2024

TC BANCSHARES, INC.

(Exact name of registrant as specified in its charter)

    Georgia

    001-40637

    86-2650449

    (State or other jurisdiction of
incorporation or organization)

    (Commission
File Number)

    (IRS Employer
Identification No.)

   

131 South Dawson Street

Thomasville, Georgia 31792

(Address of principal executive offices)

(229) 226-3221

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.01	TCBC	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter.)

Emerging Growth Company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Item 5.07	Submission of Matters to a Vote of Securities Holders

On May 16, 2024, TC Bancshares, Inc. (the "Company") held its 2024 Annual Meeting of Shareholders (the "Annual Meeting"). Summarized below are descriptions of the matters voted on at the Annual Meeting and the final results of such voting.

Proposal 1—Election of Directors. The shareholders elected each of the two Class III director nominees to serve a three-year term expiring at the Company’s 2027 annual meeting and until their respective successors are duly elected and qualified. The result of the vote taken at the Annual Meeting was as follows:


Class III Director Nominees	Votes For	Withheld Authority	Broker Non-Votes
Fortson T. Rumble	2,353,384	94,052	827,536
Stephanie B. Tillman	2,336,276	111,160	827,536

Proposal 2—Ratification of the Company’s Independent Registered Public Accountants. The shareholders ratified the appointment of Wipfli LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. The result of the vote taken at the Annual Meeting was as follows:


Votes For	Votes Against	Abstain	Broker Non-Votes
3,057,071	212,631	5,269	1


Item 9.01	Financial Statements and Exhibits.

Exhibits


Exhibit No.			Description of Exhibit
104			Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: May 17, 2024	TC BANCSHARES, INC.

	By:	/s/ Scott C. McLean
		Scott C. McLean
		Chief Financial Officer

Document and Entity Information	May 17, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	May 17, 2024
Entity Registrant Name	TC BANCSHARES, INC.
Entity Central Index Key	0001850398
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity File Number	001-40637
Entity Tax Identification Number	86-2650449
Entity Address, Address Line One	131 South Dawson Street
Entity Address, City or Town	Thomasville
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	31792
City Area Code	229
Local Phone Number	226-3221
Entity Incorporation, State or Country Code	GA
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $0.01
Trading Symbol	TCBC
Security Exchange Name	NASDAQ