The Community Financial Corporation (TCFC) financial statements (2021 and earlier)

Company profile

Business Address 3035 LEONARDTOWN RD
WALDORF, MD 20601
State of Incorp. MD
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments82373315111121
Cash and cash equivalents77323315111121
Short-term investments55     
Receivables  210171184164 
Total current assets:823724418619517521
Noncurrent Assets
Operating lease, right-of-use asset8 
Property, plant and equipment20222321222021
Long-term investments and receivables  1,136979905577 
Accounts and financing receivable, after allowance for credit loss  1,136979905577 
Intangible assets, net (including goodwill)121313    
Goodwill111111    
Intangible assets, net (excluding goodwill)222    
Deferred income tax assets8 
Total noncurrent assets:48351,1731,00092759721
Other undisclosed assets1,8961,7262732192123711,041
TOTAL ASSETS:2,0261,7981,6891,4061,3341,1431,083
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 5358879362
Total current liabilities: 5358879362
Noncurrent Liabilities
Other undisclosed liabilities1,8281,6111,5001,2091,1511,008964
Total liabilities:1,8281,6161,5351,2961,2301,044966
Stockholders' equity
Stockholders' equity attributable to parent, including:198181154110104100117
Preferred stock      20
Common stock0000000
Additional paid in capital96958448474746
Accumulated other comprehensive income (loss)52(2)(1)(1)(0)(0)
Retained earnings98857364585351
Unearned esop shares     (0)(0)
Other undisclosed stockholders' equity attributable to parent(0)(1)(1)(1)(0)  
Total stockholders' equity:198181154110104100117
TOTAL LIABILITIES AND EQUITY:2,0261,7981,6891,4061,3341,1431,083

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues666655534844 
Net investment income666660504541 
Cost of revenue(11)(2)(1)(1)(2)(1)(3)
Provision for loan, lease, and other losses(11)(2) 
Financial services costs(1)(1)(2)(1)(3)
Gross profit:556454524643(3)
Operating expenses(10)(9)(28)(24)(24) (0)
Other operating income (expense), net
(Other Expenses)
    (1) 0
Operating income (loss):455425282143(2)
Nonoperating income1011011
Gains (losses) on sales of other real estate(0)0 0(0)(0)0
Bank owned life insurance income1 11111
Interest and debt expense(10)(19)(14)(10)(8)(7)(7)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(15)(15)4(2)(1)(26)18
Income from continuing operations before income taxes:21211516121010
Income tax expense(4)(6)(4)(9)(4)(4)(4)
Net income attributable to parent:1615117766
Preferred stock dividends and other adjustments     (0)(0)
Net income available to common stockholders, diluted:1615117766

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1615117766
Other comprehensive income (loss) 3(1)(0)(1)0 
Comprehensive income:1619117766
Other undisclosed comprehensive income, net of tax, attributable to parent3     1
Comprehensive income, net of tax, attributable to parent:1919117767

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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