June 26, 2017 8:43 AM ET

Banks

Company Overview of T Bancshares, Inc.

Company Overview

T Bancshares, Inc. operates as the holding company for T Bank, N.A. that provides commercial and consumer banking services to small-to medium-sized businesses, single-family residential and commercial contractors, and consumers in Dallas, Tarrant, Denton, Collin, and Rockwall counties. It offers various deposit products that include demand deposits, NOW accounts, money market accounts, regular savings accounts, individual retirement accounts, and certificates of deposit. The company also provides occupied and non-owner occupied commercial real estate loans, construction and development loans, and residential real estate loans; commercial loans for retail establishments, professional service ...

16200 Dallas Parkway

Suite 190

Dallas, TX 75248

United States

Founded in 2002

Phone:

972-720-9000

Key Executives for T Bancshares, Inc.

President, Chief Executive Officer & Director
Age: 55
Executiver VP & CFO
Age: 55
Director
Age: 58
Secretary
Age: 55
Executive VP & Chief Credit Officer of T Bank NA
Age: 63
Compensation as of Fiscal Year 2016.

T Bancshares, Inc. Key Developments

T Bancshares, Inc. Deleted From Other OTC

T Bancshares, Inc.'s common stock deleted from Other OTC, effective May 16, 2017. The deletion was due to Acquisition/Merger/Amalgamation.

T Bancshares, Inc. Files Form 15

T Bancshares, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.01 per share.

T Bancshares, Inc. Proposes Special Dividend

T Bancshares, Inc. proposed the payment of a special dividend to be paid by the company to each holder of record of common stock as of a date just prior to closing in an amount by which the company’s adjusted equity as of a date just prior to closing exceeds $20,000,000, at its special meeting of shareholders of the company will be held on March 10, 2017. Based on the company’s estimated, unaudited shareholders’ equity as of December 31, 2016, the special dividend would have equaled approximately $2.2761 per share. The special dividend will increase (or decrease) based on the company’s net income (or net losses) from December 31, 2016 to a date just prior to closing.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 10, 2016
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