For the year ending 2025-12-31, TCBX has $5,340,759K in assets. $4,809,732K in debts. $175,202K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and due from banks | 175,202 | |||
| Federal funds sold | 6,027 | |||
| Total cash and cash equivalents | 181,229 | |||
| Interest bearing time deposits in other banks | 267 | |||
| Investment securities available for sale | 383,192 | |||
| Gross unrealized losses | 2,902 | |||
| Estimated fair value | 189,106 | |||
| Investment securities held-to-maturity | 192,008 | |||
| Total | 4,394,751 | |||
| Allowance for credit losses | 43,949 | |||
| Loans, net of allowance for credit losses of 40,304 and 37,022 at december 31, 2025 and 2024, respectively | 4,350,802 | |||
| Accrued interest receivable | 29,236 | |||
| Premises and equipment, gross | 46,540 | |||
| Accumulated depreciation | 21,751 | |||
| Premises and equipment, net | 24,789 | |||
| Other real estate owned | 8,388 | |||
| Bank-owned life insurance | 76,357 | |||
| Non-marketable equity securities, at cost | 16,424 | |||
| Deferred tax asset, net | 6,450 | |||
| Derivative assets | 2,544 | |||
| Right-of-use asset - operating leases | 17,066 | |||
| Goodwill and other intangible assets | 18,680 | |||
| Other assets | 33,327 | |||
| Total assets | 5,340,759 | |||
| Noninterest bearing | 495,000 | |||
| Interest bearing | 4,131,888 | |||
| Total deposits | 4,626,888 | |||
| Accrued interest payable | 5,957 | |||
| Derivative liabilities | 3,142 | |||
| Lease liability - operating leases | 18,130 | |||
| Other liabilities | 36,775 | |||
| Line of credit - senior debt | 37,875 | |||
| Note payable - subordinated debentures, net | 80,965 | |||
| Total liabilities | 4,809,732 | |||
| Series a convertible non-cumulative preferred stock, 1 par value 69,400 shares authorized and outstanding at december 31, 2025 and 2024, respectively | 69 | |||
| Common stock, 1 par value 50,000,000 shares authorized 13,969,517 and 13,848,242 issued and 13,891,055 and 13,769,780 outstanding at december 31, 2025 and 2024, respectively | 13,970 | |||
| Additional paid-in capital | 323,929 | |||
| Retained earnings | 183,238 | |||
| Accumulated other comprehensive income | 10,920 | |||
| Treasury stock at cost 78,462 shares at december 31, 2025 and 2024, respectively | 1,099 | |||
| Total shareholders' equity | 531,027 | |||
| Total liabilities & shareholders' equity | 5,340,759 | |||
Third Coast Bancshares, Inc. (TCBX)
Third Coast Bancshares, Inc. (TCBX)