Third Coast Bancshares Inc
For the period ended Mar 31, 2025. Filed May 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 6, 2025
TCBX$39.58-0.6%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| For the Three Months EndedMarch 31, | ||
|---|---|---|
| (Dollars in thousands) | 2025 | 2024 |
| Net income | $13,589 | $10,367 |
| Other comprehensive income (loss): | ||
| Unrealized gain (loss) on securities: | ||
| Unrealized holding gain (loss) arising during the period, net of tax | 4,185 | (855) |
| Reclassification for net losses (gains) realized through the sale of securities, net of tax | 181 | (124) |
| Other comprehensive income (loss) on securities | 4,366 | (979) |
| Unrealized gain on derivatives: | ||
| Unrealized holding gain arising during the period, net of tax | 1,707 | 3,267 |
| Gain on termination of derivative instruments, net of tax | 360 | — |
| Reclassification adjustment for accretion of gain on terminated cash flow hedges recorded in interest expense during the period, net of tax | (600) | (352) |
| Other comprehensive income on derivatives | 1,467 | 2,915 |
| Total other comprehensive income | 5,833 | 1,936 |
| Total comprehensive income | $19,422 | $12,303 |
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