Welcome to our dedicated page for Touchmark Banc news (Ticker: TMAK), a resource for investors and traders seeking the latest updates and insights on Touchmark Banc stock.
Touchmark Bancshares, Inc. (TMAK) is the holding company for Touchmark National Bank, a community bank founded in 2008 and headquartered in Alpharetta, Georgia. This news page aggregates company-issued announcements and other coverage related to Touchmark’s operations, financial performance, and governance.
Readers can review Touchmark’s periodic reports of quarterly results, where the company discusses items such as net income, net interest income, noninterest income, noninterest expense, and changes in loan and deposit balances. These releases also highlight trends in net interest margin, efficiency, nonperforming assets, and allowance for credit losses, providing insight into the bank’s profitability, cost structure, and asset quality over time.
In addition to earnings updates, Touchmark uses news releases to communicate developments in its leadership and board structure. Examples include the appointment of a President and Chief Executive Officer of Touchmark National Bank, changes in executive and senior leadership roles, and director appointments to key board committees such as the Audit Committee and Asset Liability Committee.
Touchmark’s news also covers strategic and regulatory topics. The company has described its strategy to grow local banking relationships within its defined primary market around Alpharetta and has referenced its work to address a Formal Agreement with the Office of the Comptroller of the Currency. Dividend announcements, including the declaration of an annual cash dividend, are also communicated through these releases.
By following this news feed, investors and observers can monitor Touchmark’s reported financial results, leadership changes, capital actions, and commentary on its local relationship banking strategy within the Atlanta-area market it serves.
Touchmark Bancshares (OTCID:TMAK) authorized a new stock repurchase program for up to 200,000 common shares, to be executed in the open market or via private deals until May 26, 2027, unless changed.
Shareholders reelected Meena Shah and Dinesh Raju, and Bobby Krimmel became President and CEO of both the company and the bank, with Dr. J.J. Shah remaining Chairman.
Touchmark Bancshares (OTCID: TMAK) announced executive leadership changes effective May 7, 2026. Gina Omolon joins as Executive Vice President and Chief Financial Officer to lead accounting and finance. Lynn Barron transitions from Chief Financial Officer to Executive Vice President and Chief Human Resources Officer.
The release notes Omolon has over 20 years of banking and public accounting experience, including CFO roles and recent consulting for a super-regional bank. Management comments reference Barron's role in addressing regulatory challenges and her decision to remain with the company in HR leadership.
Touchmark Bancshares (OTCID: TMAK) reported Q1 2026 results: net income fell to $94,000 vs. $733,000 year-over-year; net interest income declined 30% to $2.1M. Total loans were $321M (down 12% YoY) after $11.7M unexpected purchased loan payoffs. The OCC Formal Agreement was terminated Feb 17, 2026, DTC eligibility established, organic loan growth topped $11M, and nonperforming assets fell 10%.
Touchmark Bancshares (OTCID: TMAK) announced the promotion of Steve Schaefer to Executive Vice President and Chief Credit Officer of Touchmark National Bank, effective immediately. Schaefer joined as Senior Credit Officer in August 2025 and will continue to lead credit administration.
According to the company, Schaefer resolved credit administration issues tied to a Formal Agreement with the OCC, leading to the Formal Agreement termination on February 17, 2026, after roughly three months of remediation.
Touchmark Bancshares (OTCID: TMAK) announced termination of its Formal Agreement with the Office of the Comptroller of the Currency effective February 17, 2026. The enforcement action was initiated on April 17, 2024 and lasted approximately 22 months. Management said the company will refocus on full relationship banking for entrepreneurs and businesses with revenue up to $50 million.
The termination signals a regulatory milestone for the holding company and may remove prior operational constraints tied to the Formal Agreement.
Touchmark Bancshares (OTCID: TMAK) reported fourth-quarter and full-year 2025 results on Feb 11, 2026. Net income was $0.44M, affected by accelerated loan purchase premium amortization. Total loans fell 14% YoY to $325M and total deposits fell 8% YoY to $339M. The company declared a $0.65 annual dividend and added a Chief Lending Officer with a loan pipeline above $40M.
The quarter showed lower net interest income, improved deposit mix excluding brokered balances, and a slight rise in allowance for credit losses to 0.78% of loans.
Touchmark Bancshares (OTCID: TMAK) announced an annual cash dividend of $0.65 per share. The dividend was declared by the Board and will be paid on January 26, 2026 to shareholders of record as of December 31, 2025.
Touchmark Bancshares (OTC Pink: TMAK) reported third quarter 2025 results on Nov 7, 2025. The company reported net income of $609,000, a 65% increase from the prior quarter, driven by a 75 basis point jump in net interest margin, higher loan yields and lower deposit costs. Total loans fell to $329M (down 15% YoY) and total deposits were $339M (down 11% YoY). Management noted a $35M loan pipeline, disposal of OREO at no additional loss, reduced non-core deposits, and an added Senior Credit Officer.
Touchmark Bancshares (OTCID:TMAK) announced significant leadership changes to strengthen its executive team. Addam Taussig has joined as Executive Vice President and Chief Lending Officer, while Tesula Stewart, Executive Vice President and Chief Credit Officer, has stepped down. The company also announced two other key appointments: Steve Schaefer as Senior Vice President and Senior Credit Officer, and Chuck Shaw as Senior Vice President and Senior Risk Management Officer.
The leadership restructuring aims to enhance business development, sales, credit administration, and risk management capabilities while addressing regulatory concerns from the OCC's Formal Agreement. The new executives bring significant experience, with Taussig's 30+ years in commercial banking, Schaefer's 27 years in credit administration managing a $350 million portfolio, and Shaw's 35 years in BSA and regulatory compliance.
Touchmark Bancshares (OTC Pink: TMAK) reported challenging second quarter 2025 results, with net income declining 66% year-over-year to $370,000. The bank faced significant headwinds from unexpected loan payoffs exceeding $28 million and loan purchase premium write-offs of $1.1 million.
Key metrics show total loans decreased 19% YoY to $332 million, while deposits fell 13% to $348 million. The bank successfully reduced its cost of deposits by 27 basis points and achieved new customer balance growth of $13.1 million. Asset quality improved with nonperforming assets decreasing to $7.4 million (1.74% of total assets) from $13.5 million year-over-year.