For the quarter ending 2025-09-30, TCBX has $5,061,808K in assets. $4,547,978K in debts. $116,383K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 116,383 | 113,141 | ||
| Federal funds sold | 6,629 | 5,815 | ||
| Total cash and cash equivalents | 123,012 | 118,956 | ||
| Interest bearing time deposits in other banks | 265 | 262 | ||
| Investment securities available for sale | 376,719 | 355,753 | ||
| Investment securities held-to-maturity | 206,037 | 206,065 | ||
| Total | 4,165,116 | - | ||
| Allowance for credit losses | 42,563 | - | ||
| 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 | 4,039,701 | ||
| Accrued interest receivable | 29,537 | 27,736 | ||
| Premises and equipment, gross | 45,855 | - | ||
| Accumulated depreciation | 21,137 | - | ||
| Premises and equipment, net | 24,718 | 24,908 | ||
| Bank-owned life insurance | 75,547 | 74,761 | ||
| Non-marketable equity securities, at cost | 26,157 | 18,761 | ||
| Deferred tax asset, net | 6,989 | 8,646 | ||
| Derivative assets | 2,803 | 3,059 | ||
| Right-of-use asset - operating leases | 17,677 | 18,769 | ||
| Goodwill and other intangible assets | 18,720 | 18,761 | ||
| Other assets | 31,074 | 27,633 | ||
| Total assets | 5,061,808 | 4,943,771 | ||
| Noninterest bearing | 450,013 | 440,964 | ||
| Interest bearing | 3,922,728 | 3,839,905 | ||
| Total deposits | 4,372,741 | 4,280,869 | ||
| Accrued interest payable | 7,153 | 6,691 | ||
| Derivative liabilities | 3,521 | 3,779 | ||
| Lease liability - operating leases | 18,735 | 19,835 | ||
| Other liabilities | 32,040 | 24,745 | ||
| Line of credit - senior debt | 32,875 | 30,875 | ||
| Note payable - subordinated debentures, net | 80,913 | 80,862 | ||
| Total liabilities | 4,547,978 | 4,447,656 | ||
| 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 | ||
| 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 | 13,930 | ||
| Additional paid-in capital | 323,491 | 322,972 | ||
| Retained earnings | 166,537 | 149,677 | ||
| Accumulated other comprehensive income | 10,874 | 10,566 | ||
| Treasury stock at cost 78,462 shares at september 30, 2025 and december 31, 2024 | 1,099 | 1,099 | ||
| Total shareholders' equity | 513,830 | 496,115 | ||
| Total liabilities and shareholders' equity | 5,061,808 | 4,943,771 | ||
Third Coast Bancshares, Inc. (TCBX)
Third Coast Bancshares, Inc. (TCBX)