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Third Century Bancorp (TDCB)

USD17.19 +0.00 (+0.00%)
US OTC Financial Services Banks - Regional
Address 80 East Jefferson Street 46131
Franklin, IN, US
CEO David A. Coffey
Website mymsb.bank
IPO 2004-07-02
CIK 1282847 ISIN US8841201069

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Description

Third Century Bancorp serves as the parent entity for Mutual Savings Bank, which delivers a comprehensive suite of financial products and services to individual consumers and corporate clients across Johnson County and its neighboring areas. Its deposit offerings span checking, savings, NOW, and individual retirement accounts, in addition to certificates of deposit, demand, and money market accounts. On the lending side, the bank provides consumer financing for home renovations, property and land acquisition, new and used vehicles, and unsecured personal needs, alongside home equity solutions. For businesses, it extends commercial real estate loans covering owner-occupied and investment properties, construction projects, land development, and multi-family units. Additionally, commercial and industrial financing encompasses working capital facilities, equipment and vehicle loans, and revolving lines of credit. Mortgage loans are also part of its portfolio. Beyond core banking, the institution furnishes treasury management solutions including remote deposit capture, wire transfers, ACH origination, and merchant services. Further offerings consist of trust services, safe deposit boxes, debit and credit cards, and convenient access through online, mobile, and ATM banking. Established in 1890, Third Century Bancorp maintains its headquarters in Franklin, Indiana.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD17.19 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
535
Beta
0.28
Float Shares
1.15M
Free Float %
97.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% -0.40% -10.66% +0.60% +60.53% +61.39% +68.23% +81.81% -2.65% +63.14% +33.30%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
17.19
Quality scores
Altman Z-Score
0.29
Distress
Piotroski F-Score
4 / 9
Average
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
  • Revenue growth
    +7.6% Q1'26: +9.1% (vs Q1'25)
  • EPS growth
    +42.5% Q1'26: +23.8% (vs Q1'25)
  • FCF margin
    Q1'26: +0.0% (vs Q1'25)
  • EBIT margin
    Q1'26: +14.4% (vs Q1'25)
  • ROIC
    Q1'26: +7.8% (vs Q1'25)
  • Share dilution
    -0.1% Q1'26: +8.8% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 19.08× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.32) × ERP
WACC = 24% × Ke + 76% × Kd (14.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 17.19
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-27 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-05-21 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-05-20 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-05-18 B- 2/5 1/5 4/5 3/5 1/5 3/5 2/5
2026-05-13 B- 3/5 1/5 4/5 3/5 1/5 3/5 3/5
2026-05-05 B 3/5 1/5 4/5 3/5 1/5 4/5 3/5
2026-05-01 B 3/5 1/5 4/5 3/5 1/5 4/5 3/5
2026-04-29 B 3/5 1/5 4/5 3/5 1/5 4/5 3/5
2026-04-28 B 3/5 1/5 4/5 3/5 1/5 4/5 3/5
2026-04-27 B 3/5 1/5 4/5 3/5 1/5 4/5 3/5
2026-04-24 B 3/5 1/5 4/5 3/5 1/5 4/5 3/5
2026-04-21 B 3/5 1/5 4/5 4/5 1/5 4/5 3/5
2026-04-20 B 3/5 1/5 4/5 4/5 1/5 4/5 3/5
2026-04-17 B 3/5 1/5 4/5 4/5 1/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
786.0K
OE per share TTM
0.67
Owner's Yield
4.48%
Maintenance CapEx ratio
11.24%
Maint CapEx / Avg PPE
20.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
6
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Employee Stock Ownership Plan Trust 132.3K 8.00% 116.8K 15.5K 132.3K EP Indiana 2006-02-14
2 13-3341573 110.5K 7.80% 110.5K IV Citizenship or Place of Organization          Maryland 2013-02-15
3 26-3301611 110.5K 7.80% 110.5K IA Citizenship or Place of Organization          Alaska 2013-02-15
4 98-0343699 110.5K 7.80% 110.5K IA Citizenship or Place of Organization          Barbados 2013-02-15
5 Advisory Research, Inc. / 36-2831881 79.3K 5.01% 79.3K 79.3K IA Delaware 2010-02-12
6 Piper Jaffray Companies / 30-0168701 0.00% HC Delaware 2014-02-14

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. -1.1K (-100.0%) -9.4K (-100.0%) 0.00% -0.103 pp 0.00% -0.001 pp USD 5 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
44.0K
Shares Outstanding
1.18M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2006 Robert D. Heuchan, President and Chief Executive Officer 134.0K 30.0K 43.4K 71.8K 279.2K 15.55%
2 2006 David A. Coffey, Executive Vice President and Chief Operating Officer 111.0K 20.0K 43.4K 66.0K 240.4K 18.06%
3 2005 Robert D. Heuchan, President and Chief Executive Officer 126.0K 23.0K 43.4K 192.4K 0.00%
4 2005 David A. Coffey, Executive Vice President and Chief OperatingOfficer 105.0K 15.0K 37.9K 157.9K 0.00%
5 2004 Robert D. Heuchan, President and Chief Executive Officer 120.0K 33.0K 35.6K 188.6K 0.00%
6 2004 David A. Coffey, Chief Operating Officer 100.0K 22.0K 30.7K 152.7K 0.00%
7 2004 David A. Coffey, Executive Vice President and Chief OperatingOfficer 100.0K 22.0K 30.7K 152.7K 0.00%
8 2003 Robert D. Heuchan, President and Chief Executive Officer 100.0K 30.0K 21.0K 151.0K 0.00%
9 2003 David A. Coffey, Executive Vice President and Chief OperatingOfficer 83.5K 20.0K 17.4K 120.9K 0.00%
10 2003 David A. Coffey, Chief Operating Officer 83.5K 20.0K 17.4K 120.9K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2007-04-02 DEF 14A
2006-04-04 DEF 14A
2005-05-25 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2022-02-11 D
2015-08-13 SC 13G/A
2014-02-14 SC 13G/A
2013-02-15 SC 13G/A
2013-02-14 SC 13G/A
2012-02-14 SC 13G
2011-02-10 SC 13G
2010-02-12 SC 13G
2009-02-13 SC 13G/A
2009-02-13 SC 13G

Executive team

NameTitleCompensationGender
David A. Coffey President, Chief Executive Officer & Director 164.6K male
Annette Morris Internal Auditor, Compliance Officer, BSA, CRA & Security Officer
Chad Riddle Senior Vice President & Chief Operating Officer male
Connie Basco Vice President & Credit Manager
Kellie L. Gordon Senior VP, Chief Information Officer and AML & Security Officer
Robert D. Henderson Executive VP, Chief Lending Officer & Director male
Sally J. Wells Internal Auditor, Compliance Officer & CRA Officer
Seyed Paul Arab Senior Vice President & Chief Financial Officer male
Anne McGuinness Vice President, Human Resource Officer, Trust Department Manager & Board Secretary
Tricia Bechman Director of Marketing & Advertising
ESG Rating
E (Environmental)
63.3
S (Social)
64.0
G (Governance)
61.5
ESG Total
62.9
ESG Score History
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits