TC Bancshares, Inc. is a bank holding company. The Company, through its subsidiary TC Federal Bank (the Bank), operates a chartered savings bank. The Bank’s business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations in one- to four-family residential real estate loans, commercial real estate and multi-family loans, acquisition, development and land loans, commercial and industrial loans, home equity loans and lines of credit and consumer loans. The Bank grants loans and extensions of credit to individuals and a variety of firms and corporations primarily in Thomas County, Georgia and other surrounding areas. It also invests in securities, which have historically consisted primarily of mortgage-backed securities issued by United States government sponsored enterprises. It offers a variety of deposit accounts, including savings accounts, money market accounts and certificates of deposit.