# EDGAR Filing Document

**Accession Number:** 0001766526
**File Stem:** 0001185185-26-000106
**Filing Date:** 2026-1
**Character Count:** 16505
**Document Hash:** 3fe5968339560185a3eac16fde1c6925
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001185185-26-000106.hdr.sgml**: 20260109

**ACCESSION NUMBER**: 0001185185-26-000106

**CONFORMED SUBMISSION TYPE**: 8-K/A

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260105

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260109

**DATE AS OF CHANGE**: 20260109

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tectonic Financial, Inc.
- **CENTRAL INDEX KEY:** 0001766526
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 820764846
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38910
- **FILM NUMBER:** 26524064

**BUSINESS ADDRESS:**
- **STREET 1:** 16200 DALLAS PARKWAY, SUITE 190
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75248
- **BUSINESS PHONE:** 972-720-9000

**MAIL ADDRESS:**
- **STREET 1:** 16200 DALLAS PARKWAY, SUITE 190
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75248

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T Acquisition, Inc.
- **DATE OF NAME CHANGE:** 20190131

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K/A**

**(Amendment No. 1)**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): January 9, 2026 (January 5, 2026)**

**Tectonic Financial, Inc**.

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Texas** | **001-38910** | **82-0764846** |
| **(State or other jurisdiction<br> of incorporation)** | **(Commission File Number)** | **(IRS Employer<br> Identification No.)** |

---

**16200 Dallas Parkway, Suite 190** 

**Dallas, Texas 75248**

**(Address of principal executive offices) (Zip Code)**

**(972) 720-9000**

**(Registrant's telephone number, including area code)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading symbol(s)** | **Name of each exchange on which registered** |
| Series B preferred stock, par value $0.01 per share | TECTP | The NASDAQ Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**EXPLANATORY NOTE**

This Current Report on Form 8-K/A amends the Current Report on Form 8-K (the "Original 8-K") filed by Tectonic Financial, Inc. (the "Company") on January 5, 2026, reporting under Item 2.01 the completion of the separation and distribution transactions in accordance with the Separation Agreement and Plan of Distribution (the "Separation Agreement"), dated as of December 19, 2025, by and among the Company, Tectonic Advisors, LLC, a Texas limited liability company ("Spinco"), and certain equity owners (the "TA Continuing Shareholders") of Cain Watters & Associates, LLC ("Cain Watters"), pursuant to which Spinco was separated from the Company and distributed to the TA Continuing Shareholders (collectively, the "Transaction"). Under Item 9.01 of the Original 8-K, the Company stated that the unaudited pro forma financial information required by Item 9.01(b) of Form 8-K was expected to be filed by amendment to the Original 8-K within the period permitted by applicable SEC rules. Accordingly, this Current Report on Form 8-K/A amends and restates Item 9.01 of the Original Form 8-K to present certain pro forma financial information, which are filed as exhibits hereto and are incorporated herein by reference. Except for this Explanatory Note and the filing of the pro forma financial information required by Item 9.01, there are no changes to the Original 8-K.

**Item 9.01 Financial Statements and Exhibits**

**(b) Pro Forma Financial Information.**

The unaudited pro forma financial information required by Item 9.01(b) of Form 8-K is filed as Exhibit 99.1 to this Current Report on Form 8-K/A and is incorporated herein by reference. The unaudited pro forma condensed consolidated financial statements required by Item 9.01(b) of this Form 8-K attempt to give effect to the Company's consummation of the Transaction. The unaudited pro forma balance sheet as of September 30, 2025 assumes the Transaction occurred on that date. The unaudited pro forma statements of operations for the year ended December 31, 2024 and the interim period ended September 30, 2025 assume the Transaction occurred on the first day of the fiscal year presented. The unaudited pro forma financial statements are not necessarily indicative of the results that would have actually been attained had the Transaction taken place as of the periods presented and is presented for illustrative purposes only and does not attempt to predict or suggest future results.

**(d) Exhibits:**

---

| | |
|:---|:---|
| 99.1 | [Unaudited pro forma combined condensed consolidated balance sheet as of September 30, 2025 and unaudited pro forma combined condensed consolidated statements of operations for the year ended December 31, 2024 and the interim period ended September 30, 2025](tectpex99-1.htm) |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| Date: January 9, 2026 | **TECTONIC FINANCIAL, INC.** | **TECTONIC FINANCIAL, INC.** |
|  | By: | /s/ A. Haag Sherman |
|  | Name: | A. Haag Sherman |
|  | Title: | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

**TECTONIC FINANCIAL, INC.**

**CONSOLIDATED BALANCE SHEETS**

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| <br>**(In thousands, except share amounts and footnotes)** | **Historical** | **Split Off of Tectonic Advisors** | **Other Adjustments Related to Split off** | **Pro Forma** |
| **ASSETS** | | | | |
| Cash and due from banks | $6167 | $(250) | $(143) | $5774 (a) |
| Interest-bearing deposits | 156571 |  | 34500 | 191071 (b) |
| Federal funds sold | 1228 | - | - | 1228 |
| Total cash and cash equivalents | 163966 | (250) | 34357 | 198073 |
| Securities available for sale | 21831 |  |  | 21831 |
| Securities held to maturity | 21805 |  |  | 21805 |
| Securities, restricted at cost | 2598 |  |  | 2598 |
| Securities, not readily marketable |  |  |  |  |
| Loans held for sale | 35031 |  |  | 35031 |
| Loans, net of Provision for credit loan losses of $12,451 and $9,183, respectively | 767467 |  |  | 767467 |
| Bank premises and equipment, net | 4562 | (88) |  | 4474 |
| Other real estate | 1053 |  |  | 1053 |
| Goodwill | 21440 |  |  | 21440 |
| Deferred tax asset | 1917 |  |  | 1917 |
| Other assets | 22167 | (4381) | 4139 | 21925 (c) |
| Total assets | $1063837 | (4719) | 38496 | $1097614 |
| **LIABILITIES** |  |  |  |  |
| Demand deposits: |  |  |  |  |
| Non-interest-bearing | $71418 |  |  | $71418 |
| Interest-bearing | 186419 |  |  | 186419 |
| Time deposits | 654071 | - | - | 654071 |
| Total deposits | 911908 |  |  | 911908 |
| Borrowed funds |  |  |  |  |
| Subordinated notes, net of unamortized issuance costs | 12000 |  |  | 12000 |
| Deferred tax liabilities |  | (30) |  | (30) |
| Other liabilities | 20778 | (1427) | 845 | 20196 |
| Total liabilities | 944686 | (1457) | 845 | 944074 |
| **SHAREHOLDERS' EQUITY** |  |  |  |  |
| Preferred Stock 9% fixed to floating rate series B non-cumulative, perpetual, $.01 par value; 1,725,000 shares authorized, 1,725,000 shares issued and outstanding at September 30, 2025) | 17 |  |  | 17 |
| Common stock, $0.01 par value; 40,000,000 shares authorized; 7,250,453 shares issued and 6,776,601 shares outstanding at September 30, 2025 Historical, and 7,250,453 issued and 5,546,556 shares outstanding at September 30, 2025 Pro Forma | 72 |  | (15) | 57 (b) |
| Additional paid-in capital | 50098 |  | (33642) | 16456 (b) |
| Treasury stock, at cost; 473,852 shares and 170,352 shares as of September 30, 2025 | (8908) |  |  | (8908) |
| Retained earnings | 78866 | (3262) | 71308 | 146912 |
| Accumulated other comprehensive loss | (994) | - | - | (994) |
| Total shareholders' equity | 119151 | (3262) | 37651 | 153540 |
| Total liabilities and shareholders' equity | $1063837 | (4719) | 38496 | $1097614 |

---

(a) Under the Separation Agreement, the Company agreed that at the
date of the Split Off, Tectonic Advisors would hold $250,000 in cash.

(b) In connection with the Distribution, the Company received (i)
approximately 1.53 million shares of the Company's common stock and (ii) a promissory note issued by Spinco and payable to the Company
in the amount of $35,000,000. Immediately following the distrbution, Spinco refinanced and paid the promissory note in full, and the
Company received $35,000,000 in cash proceeds.

(c) Under the Separation Agreement, certain accounts receivable
and accounts payable were transferred to the Company prior to the Distribution.

**TECTONIC FINANCIAL, INC.**

**CONSOLIDATED STATEMENTS OF INCOME**

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Year ended December 31,** | **Year ended December 31,** | **Year ended December 31,** | **Year ended December 31,** |
| <br>**(In thousands, except per share data and numbers within footnotes)** | **2024** | **2024** | **2024** | **2024** |
|  | **Historical (Audited)** | **Pro Forma Split Off Tectonic Advisors, LLC (unaudited)** | **Other Pro Forma Adjustments (unaudited)** | **Pro Forma Net Income (unaudited)** |
| **Interest Income** |  |  |  |  |
| Loans, including fees | $56512 |  |  | $56512 |
| Securities | 2272 |  |  | 2272 |
| Federal funds sold | 53 |  |  | 53 |
| Interest-bearing deposits | 4791 | - | - | 4791 |
| Total interest income | 63628 |  |  | 63628 |
| **Interest Expense** |  |  |  |  |
| Deposits | 29441 |  |  | 29441 |
| Borrowed funds | 2171 | - | - | 2171 |
| Total interest expense | 31612 | - | - | 31612 |
| Net interest income | 32016 |  |  | 32016 |
| Provision for credit losses | 4848 | - | - | 4848 |
| Net interest income after provision for loan losses | 27168 |  |  | 27168 |
| **Noninterest Income** |  |  |  |  |
| Trust income | 7481 |  |  | 7481 |
| Gain on sale of loans | 234 |  |  | 234 |
| Advisory income | 18355 | (12815) |  | 5540 |
| Brokerage income | 8096 |  |  | 8096 |
| Service fees and other income | 10548 | (1) | 1773 | 12320 (a) |
| Rental income | 358 | - | - | 358 |
| Total noninterest income | 45072 | (12816) | 1773 | 34029 |
| **Noninterest Expense** |  |  |  |  |
| Salaries and employee benefits | 37022 | (2037) |  | 34985 |
| Occupancy and equipment | 2008 | (199) |  | 1809 |
| Trust expenses | 2511 |  |  | 2511 |
| Brokerage and advisory direct costs | 2126 | (275) |  | 1851 |
| Professional fees | 1773 | (132) |  | 1641 |
| Data processing | 1172 |  |  | 1172 |
| Other | 7308 | (1042) | - | 6266 |
| Total noninterest expense | 53920 | (3685) | - | 50235 |
| **Income before income taxes** | 18320 | (9131) | 1773 | 10962 |
| Income tax expense | 4385 | (1920) | - | 2465 |
| **Net Income from ordinary operations** | 13935 | (7211) | 1773 | 8497 |
| Net Income from split off of subsidiary, net of tax | - | - | 27255 | 27255 (c) |
| **Net Income** | 13935 | (7211) | 29028 | 35752 |
| Preferred stock dividends | 1852 | - | - | 1852 |
| **Net income available to common stockholders** | $12083 | (7211) | 29028 | 33900 |
| **Earnings per common share:** |  |  |  |  |
| Basic earnings per share before non-recurring items | $1.71 |  |  | $1.20 |
| Basic earnings per share including non-recurring items | $1.71 |  |  | $6.11 |
| Weighted average shares used in computation of basic earnings per share | 7076436 | (1529880) |  | 5546556 (b) |
| Diluted earnings per share before non-recurring items | $1.67 |  |  | $1.17 |
| Diluted earnings per share including non-recurring items | $1.67 |  |  | $5.96 |
| Weighted average shares used in computation of diluted earnings per share | 7213951 | (1529880) |  | 5684071 (b) |

---

(a) Assumes
net cash proceeds, net of tax, is invested in an interest bearing account at the weighted average effective rate of 5.14% for the year
ended December 31, 2024.

(b) The
TA Continuing Shareholders tendered 1,529,880 shares in connection with the Split Off.

(c) Cash
proceeds of $35 million, less legal expenses of $500,000, at an effective tax rate of 21%.

**TECTONIC FINANCIAL, INC.**

**CONSOLIDATED STATEMENTS OF INCOME**

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Nine months ended September 30,** | **Nine months ended September 30,** | **Nine months ended September 30,** | **Nine months ended September 30,** |
| <br>**(In thousands, except per share data and footnote information)** | **2025** | **2025** | **2025** | **2025** |
|  | **Historical** | **Pro Forma Split Off Tectonic Advisors, LLC** | **Other Pro Forma Adjustments** | **Pro Form Net Income** |
| **Interest Income** |  |  |  |  |
| Loans, including fees | $51739 |  |  | $51739 |
| Securities | 1614 |  |  | 1614 |
| Federal funds sold | 40 |  |  | 40 |
| Interest-bearing deposits | 3052 | - | - | 3052 |
| Total interest income | 56445 |  |  | 56445 |
| **Interest Expense** |  |  |  |  |
| Deposits | 25249 |  |  | 25249 |
| Borrowed funds | 957 | - | - | 957 |
| Total interest expense | 26206 | - | - | 26206 |
| Net interest income | 30239 |  |  | 30239 |
| Provision for credit loan losses | 4695 | - | - | 4695 |
| Net interest income after provision for loan losses | 25544 |  |  | 25544 |
| **Noninterest Income** |  |  |  |  |
| Trust income | 6004 |  |  | 6004 |
| Gain on sale of loans |  |  |  |  |
| Advisory income | 13736 | (10361) |  | 3375 |
| Brokerage income | 7866 |  |  | 7866 |
| Service fees and other income | 8649 | - | 883 | 9532 (a) |
| Total noninterest income | 36255 | (10361) | 883 | 26777 |
| **Noninterest Expense** |  |  |  |  |
| Salaries and employee benefits | 29000 | (1631) |  | 27369 |
| Occupancy and equipment | 1613 | (157) |  | 1456 |
| Trust expenses | 1873 |  |  | 1873 |
| Brokerage and advisory direct costs | 1872 | (219) |  | 1653 |
| Professional fees | 1681 | (119) |  | 1562 |
| Data processing | 1053 |  |  | 1053 |
| Other | 6372 | (628) | - | 5744 |
| Total noninterest expense | 43464 | (2754) | - | 40710 |
| **Income before income taxes** | 18335 | (7607) | 883 | 11611 |
| Income tax expense | 4116 | (1600) | - | 2516 |
| **Net Income** | 14219 | (6007) | 883 | 9095 |
| Preferred stock dividends | 1488 |  |  | 1488 |
| **Net income available to common stockholders** | $12731 | (6007) | 883 | $7607 |
| **Earnings per common share:** |  |  |  |  |
| Basic | $1.87 |  |  | $1.45 |
| Weighted average shares used in computation of basic earnings per share | 6791053 | (1529880) |  | 5261173 (b) |
| Diluted | $1.85 |  |  | $1.42 |
| Weighted average shares used in computation of diluted earnings per share | 6891371 | (1529880) |  | 5361491 (b) |

---

(a) Assumes
net cash proceeds, net of tax, is invested in an interest bearing account at the weighted average effective rate of 4.32% for the nine
months ended September 30, 2025.

(b) The
TA Continuing Shareholders tendered 1,529,880 shares in connection with the Split Off.