Third Coast Bancshares, Inc.
For the period ended Sep 30, 2025. Filed Nov 4, 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.
Sep 30, 2025 · Filed Nov 4, 2025
TCBX$39.81+2.9%Stored close · as of Nov 9, 2026
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Consolidated Balance Sheets
| September 30, | December 31, | |
|---|---|---|
| (Dollars in thousands, except share and per share data) | 2025 | 2024 |
| ASSETS · (unaudited) | ||
| Cash and cash equivalents: | ||
| Cash and due from banks | $116,383 | $371,157 |
| Federal funds sold | 6,629 | 50,045 |
| Total cash and cash equivalents | 123,012 | 421,202 |
| Interest bearing time deposits in other banks | 265 | 356 |
| Investment securities available-for-sale | 376,719 | 384,025 |
| Investment securities held-to-maturity | 206,037 | — |
| Loans, net of allowance for credit losses of $42,563 and $40,304 at September 30, 2025 and December 31, 2024, respectively | 4,122,553 | 3,926,121 |
| Accrued interest receivable | 29,537 | 25,820 |
| Premises and equipment, net | 24,718 | 26,230 |
| Bank-owned life insurance | 75,547 | 68,341 |
| Non-marketable equity securities, at cost | 26,157 | 15,980 |
| Deferred tax asset, net | 6,989 | 11,445 |
| Derivative assets | 2,803 | 6,479 |
| Right-of-use asset - operating leases | 17,677 | 19,863 |
| Goodwill and other intangible assets | 18,720 | 18,841 |
| Other assets | 31,074 | 17,743 |
| Total assets | $5,061,808 | $4,942,446 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Deposits: | ||
| Noninterest bearing | $450,013 | $602,082 |
| Interest bearing | 3,922,728 | 3,708,416 |
| Total deposits | 4,372,741 | 4,310,498 |
| Accrued interest payable | 7,153 | 6,281 |
| Derivative liabilities | 3,521 | 8,660 |
| Lease liability - operating leases | 18,735 | 20,900 |
| Other liabilities | 32,040 | 23,754 |
| Line of credit - Senior Debt | 32,875 | 30,875 |
| Note payable - Subordinated Debentures, net | 80,913 | 80,759 |
| Total liabilities | 4,547,978 | 4,481,727 |
| Shareholders' equity: | ||
| Preferred stock, $1 par value; 1,000,000 shares authorized | ||
| Series A Convertible Non-Cumulative Preferred Stock, $1 par value; 69,400 shares authorized and outstanding at September 30, 2025 and December 31, 2024 | 69 | 69 |
| Series B Convertible Perpetual Preferred Stock, $1 par value; 69,400 shares authorized at September 30, 2025 and December 31, 2024 | — | — |
| Common stock, $1 par value; 50,000,000 shares authorized; 13,957,561 and 13,848,242 issued; and 13,879,099 and 13,769,780 outstanding at September 30, 2025 and December 31, 2024, respectively | 13,958 | 13,848 |
| Common stock - non-voting, $1 par value; 3,500,000 shares authorized at September 30, 2025 and December 31, 2024 | — | — |
| Additional paid-in capital | 323,491 | 321,696 |
| Retained earnings | 166,537 | 121,697 |
| Accumulated other comprehensive income | 10,874 | 4,508 |
| Treasury stock: at cost; 78,462 shares at September 30, 2025 and December 31, 2024 | (1,099) | (1,099) |
| Total shareholders' equity | 513,830 | 460,719 |
| Total liabilities and shareholders' equity | $5,061,808 | $4,942,446 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.