Third Coast Bancshares, Inc. (TCBX)

Third Coast Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	316.22	295.26	248.91	146.43	98.89
Interest Income on Investments	37.82	33.1	17.63	7.52	1.73
Total Interest Income	354.03	328.36	266.54	153.95	100.62
Interest Paid on Deposits	150.32	159.75	115.04	30.7	8.53
Interest Paid on Borrowings	8.49	7.85	11.98	6.8	1.54
Total Interest Expense	158.81	167.6	127.02	37.49	10.06
Net Interest Income	195.22	160.76	139.53	116.45	90.55
Net Interest Income Growth (YoY)	21.44%	15.22%	19.81%	28.60%	33.40%
Gain (Loss) on Sale of Investments	-0.61	-0	0.48	-	-
Other Non-Interest Income	14.19	10.6	7.28	6.27	4.29
Total Non-Interest Income	13.65	10.62	8.21	7.22	4.88
Non-Interest Income Growth (YoY)	28.55%	29.45%	13.59%	48.07%	81.88%
Revenues Before Loan Losses	208.87	171.38	147.73	123.68	95.43
Provision for Loan Losses	7.59	5.7	6.32	12.2	9.92
Revenue	201.28	165.68	141.41	111.48	85.51
Revenue Growth (YoY)	21.49%	17.16%	26.85%	30.37%	35.70%
Salaries and Employee Benefits	77.19	61.17	58.77	53.84	47.05
Occupancy Expenses	11.32	8.02	6.86	5.12	3.76
Selling, General & Administrative	14.73	21.82	23.54	19.43	14.04
Other Non-Interest Expense	14.16	12.42	9.97	8.94	3.87
Total Non-Interest Expense	118.54	104.33	99.8	88.31	71.03
EBT Excluding Unusual Items	82.75	61.35	41.61	23.17	14.48
Pretax Income	82.75	61.35	41.61	23.17	14.48
Income Tax Expense	16.45	13.68	8.21	4.51	3.06
Net Income	66.29	47.67	33.4	18.66	11.42
Preferred Dividends & Other Adjustments	4.75	4.75	4.74	1.42	-
Net Income to Common	61.54	42.92	28.67	17.24	11.42
Net Income Growth	39.06%	42.72%	79.01%	63.33%	-5.70%
Basic Shares Outstanding	14	14	14	13	8
Diluted Shares Outstanding	17	17	17	14	8
Shares Change (YoY)	2.00%	1.52%	22.71%	69.00%	28.58%
EPS (Basic)	4.45	3.14	2.11	1.28	1.45
EPS (Diluted)	3.79	2.78	1.98	1.25	1.40
EPS Growth	36.33%	40.59%	58.32%	-10.71%	-26.70%
Effective Tax Rate	19.89%	22.30%	19.73%	19.46%	21.12%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q