TC Bancshares, Inc. Annual Interest Expense in USD from 2020 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
TC Bancshares, Inc. quarterly/annual Interest Expense history and growth rate from 2020 to 2023.
  • TC Bancshares, Inc. Interest Expense for the quarter ending March 31, 2024 was $2.66M, a 110% increase year-over-year.
  • TC Bancshares, Inc. Interest Expense for the twelve months ending March 31, 2024 was $8.28M, a 238% increase year-over-year.
  • TC Bancshares, Inc. annual Interest Expense for 2023 was $6.89M, a 408% increase from 2022.
  • TC Bancshares, Inc. annual Interest Expense for 2022 was $1.36M, a 33.4% increase from 2021.
  • TC Bancshares, Inc. annual Interest Expense for 2021 was $1.02M, a 57% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $6.89M +$5.53M +408% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-22
2022 $1.36M +$340K +33.4% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-22
2021 $1.02M -$1.35M -57% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-23
2020 $2.36M Jan 1, 2020 Dec 31, 2020 10-K 2022-03-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.