Tectonic Financial, Inc. Annual Income Tax Expense (Benefit) in USD from 2018 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Tectonic Financial, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2018 to 2023.
  • Tectonic Financial, Inc. Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $952K, a 17.6% decline year-over-year.
  • Tectonic Financial, Inc. Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $3.21M, a 25.9% decline year-over-year.
  • Tectonic Financial, Inc. annual Income Tax Expense (Benefit) for 2023 was $3.84M, a 13.3% decline from 2022.
  • Tectonic Financial, Inc. annual Income Tax Expense (Benefit) for 2022 was $4.42M, a 7.93% decline from 2021.
  • Tectonic Financial, Inc. annual Income Tax Expense (Benefit) for 2021 was $4.8M, a 60.3% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $3.84M -$586K -13.3% Jan 1, 2023 Dec 31, 2023 10-K 2024-04-01
2022 $4.42M -$381K -7.93% Jan 1, 2022 Dec 31, 2022 10-K 2024-04-01
2021 $4.8M +$1.81M +60.3% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
2020 $3M +$1.1M +57.6% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
2019 $1.9M +$891K +88.1% Jan 1, 2019 Dec 31, 2019 10-K/A 2021-05-05
2018 $1.01M Jan 1, 2018 Dec 31, 2018 10-K 2020-03-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.