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Third Coast Bancshares, Inc. (TCBX)

Third Coast Bancshares, Inc. (TCBX)

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Balance Sheets Overview

Debt to Asset Ratio
90.04%
Unit: Thousand (K) dollars
Assets Breakdown
    • Total
    • Investment securities available-...
    • Cash and due from banks
    • Others
Liabilities Breakdown
    • Interest bearing
    • Noninterest bearing
    • Additional paid-in capital
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and due from banks
404,165
425,174
175,202
116,383
Federal funds sold
6,732
6,133
6,027
6,629
Total cash and cash equivalents
410,897
431,307
181,229
123,012
Interest bearing time deposits in other banks
273
270
267
265
Investment securities available-for-sale
405,251
435,846
383,192
376,719
Gross unrealized losses
-
-
2,902
-
Estimated fair value
-
-
189,106
-
Investment securities held-to-maturity
191,952
191,980
192,008
206,037
Total
5,436,414
5,251,458
4,394,751
4,165,116
Allowance for credit losses
53,591
51,455
43,949
42,563
Loans, net of allowance for credit losses of 53,591 and 43,949 at june 30, 2026 and december 31, 2025, respectively
5,382,823
5,200,003
4,350,802
4,122,553
Accrued interest receivable
30,306
31,385
29,236
29,537
Premises and equipment, gross
63,696
63,525
46,540
45,855
Accumulated depreciation
23,518
22,967
21,751
21,137
Premises and equipment, net
40,178
40,558
24,789
24,718
Other real estate owned
27,321
8,388
8,388
-
Bank-owned life insurance
77,856
77,107
76,357
75,547
Non-marketable equity securities, at cost
23,538
21,759
16,424
26,157
Deferred tax asset, net
23,843
7,493
6,450
6,989
Derivative assets
2,594
2,350
2,544
2,803
Right-of-use asset - operating leases
16,953
17,615
17,066
17,677
Core deposit intangibles, net
8,081
8,516
-
-
Goodwill and other intangible assets
-
-
18,680
18,720
Goodwill
46,079
46,367
-
-
Other assets
47,556
61,129
33,327
31,074
Total assets
6,735,501
6,582,073
5,340,759
5,061,808
Noninterest bearing
642,748
577,217
495,000
450,013
Interest bearing
5,212,718
5,137,860
4,131,888
3,922,728
Total deposits
5,855,466
5,715,077
4,626,888
4,372,741
Accrued interest payable
5,872
7,205
5,957
7,153
Derivative liabilities
4,289
3,517
3,142
3,521
Lease liability - operating leases
18,011
18,676
18,130
18,735
Other liabilities
39,647
48,177
36,775
32,040
Line of credit - senior debt
60,375
57,875
37,875
32,875
Note payable - subordinated debentures, net
81,068
81,016
80,965
80,913
Total liabilities
6,064,728
5,931,543
4,809,732
4,547,978
Series a convertible non-cumulative preferred stock, 1 par value 69,400 shares authorized and outstanding at june 30, 2026 and december 31, 2025
69
69
69
69
Common stock, 1 par value 50,000,000 shares authorized 16,717,589 and 13,969,517 issued and 16,639,127 and 13,891,055 outstanding at june 30, 2026 and december 31, 2025, respectively
16,718
16,641
13,970
13,958
Additional paid-in capital
429,931
428,815
323,929
323,491
Retained earnings
219,238
198,435
183,238
166,537
Accumulated other comprehensive income
5,916
7,669
10,920
10,874
Treasury stock at cost 78,462 shares at june 30, 2026 and december 31, 2025
1,099
1,099
1,099
1,099
Total shareholders' equity
670,773
650,530
531,027
513,830
Total liabilities and shareholders' equity
6,735,501
6,582,073
5,340,759
5,061,808
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Total$5,436,414K Cash and due frombanks$404,165K (257.22%↑ Y/Y)Federal funds sold$6,732K (15.77%↑ Y/Y)Premises and equipment,gross$63,696K (41.47%↑ Y/Y)Loans, net of allowancefor credit losses of...$5,382,823K (33.25%↑ Y/Y)Total cash and cashequivalents$410,897K (245.42%↑ Y/Y)Investment securitiesavailable-for-sale$405,251K (13.91%↑ Y/Y)Investment securitiesheld-to-maturity$191,952K (-6.85%↓ Y/Y)Bank-owned life insurance$77,856K (4.14%↑ Y/Y)Other assets$47,556K (72.10%↑ Y/Y)Goodwill$46,079K Premises and equipment,net$40,178K (61.31%↑ Y/Y)Accrued interestreceivable$30,306K (9.27%↑ Y/Y)Other real estateowned$27,321K Deferred tax asset, net$23,843K (175.77%↑ Y/Y)Non-marketable equitysecurities, at cost$23,538K (25.46%↑ Y/Y)Right-of-use asset -operating leases$16,953K (-9.68%↓ Y/Y)Core depositintangibles, net$8,081K Derivative assets$2,594K (-15.20%↓ Y/Y)Interest bearing timedeposits in other banks$273K (4.20%↑ Y/Y)Allowance for creditlosses$53,591K Accumulated depreciation$23,518K (16.92%↑ Y/Y)Total assets$6,735,501K (36.24%↑ Y/Y)Total liabilities andshareholders' equity$6,735,501K (36.24%↑ Y/Y)Total liabilities$6,064,728K (36.36%↑ Y/Y)Total shareholders'equity$670,773K (35.21%↑ Y/Y)Treasury stock at cost78,462 shares at june...$1,099K (0.00%↑ Y/Y)Total deposits$5,855,466K (36.78%↑ Y/Y)Note payable -subordinated debentures, net$81,068K (0.25%↑ Y/Y)Line of credit -senior debt$60,375K (95.55%↑ Y/Y)Other liabilities$39,647K (60.22%↑ Y/Y)Lease liability -operating leases$18,011K (-9.20%↓ Y/Y)Accrued interestpayable$5,872K (-12.24%↓ Y/Y)Derivative liabilities$4,289K (13.50%↑ Y/Y)Additional paid-in capital$429,931K (33.12%↑ Y/Y)Retained earnings$219,238K (46.47%↑ Y/Y)Common stock, 1 parvalue 50,000,000...$16,718K (20.01%↑ Y/Y)Accumulated othercomprehensive income$5,916K (-44.01%↓ Y/Y)Series a convertiblenon-cumulative preferred...$69K (0.00%↑ Y/Y)Interest bearing$5,212,718K (35.75%↑ Y/Y)Noninterest bearing$642,748K (45.76%↑ Y/Y)