Item 5.02    Departure of Directors or Certain Officers: Election of Directors;
             Appointment of Certain Officers; Compensatory Arrangements of
             Certain Officers

On July 20, 2022, upon the recommendation of the Nominating and Corporate Governance Committee of the board of directors (the "Board") of TC Bancshares, Inc. (the "Company"), the Board increased its size to 8 directors and appointed Joshua Travis Bryant to fill a newly-created seat, effective immediately.

Mr. Bryant has extensive executive leadership experience. Since August 2013, Mr. Bryant has served as the President, and Chief Executive Officer and as a director at Coastal Forest Resources Company. Mr. Bryant also currently serves as a director at Coastal Plywood Company. Prior to that, Mr. Bryant was employed at the accounting firm Lanigan & Associates P.C. Mr. Bryant also served as the Chief Financial Officer for a privately held entity. Mr. Bryant is a Certified Public Accountant with extensive financial expertise including in the oversight, preparation, audit and evaluation of financial statements.

Mr. Bryant was appointed as a Class II director for a term that will expire at our 2023 annual meeting of stockholders and until his successor is duly elected and qualified. The Board has determined that Mr. Bryant is an independent director under the applicable listing standards of the Nasdaq Stock Market. Mr. Bryant was also appointed to serve on the audit, asset liability (ALCO), compensation, and executive committees of the Board.

As a member of the Board, Mr. Bryant will receive the Company's standard compensation for non-employee directors as described under "Director Compensation" in our definitive proxy statement filed with the Securities and Exchange Commission on April 7, 2022.

There are no other arrangements or understandings between Mr. Bryant and any other person pursuant to which he was selected to serve on the Board. There are no transactions in which the Company is a party and in which Mr. Bryant has a material interest subject to disclosure under Item 404(a) of Regulation S-K.

Item 9.01 Financial Statements and Exhibits.




(d) Exhibits

Exhibit No.         Description of Exhibit
99.1                  Press Release dated July 21, 2022
104                 Cover Page Interactive Data File - the cover page XBRL tags are
                    embedded within the Inline EXBRL document

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