Third Coast Bancshares, Inc. (TCBX)

Third Coast Bancshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	304.28	295.26	248.91	146.43	98.89	80.79
Interest Income on Investments	33.41	33.1	17.63	7.52	1.73	1.45
Total Interest Income	337.68	328.36	266.54	153.95	100.62	82.24
Interest Paid on Deposits	154.4	159.75	115.04	30.7	8.53	12.3
Interest Paid on Borrowings	7.29	7.85	11.98	6.8	1.54	2.06
Total Interest Expense	161.69	167.6	127.02	37.49	10.06	14.36
Net Interest Income	175.99	160.76	139.53	116.45	90.55	67.88
Net Interest Income Growth (YoY)	17.69%	15.22%	19.81%	28.60%	33.40%	99.94%
Gain (Loss) on Sale of Investments	-0.62	-0	0.48	-	-	-
Other Non-Interest Income	11.7	10.6	7.28	6.27	4.29	2.42
Total Non-Interest Income	11.15	10.62	8.21	7.22	4.88	2.68
Non-Interest Income Growth (YoY)	20.46%	29.45%	13.59%	48.07%	81.88%	120.38%
Revenues Before Loan Losses	187.14	171.38	147.73	123.68	95.43	70.56
Provision for Loan Losses	4.82	5.7	6.32	12.2	9.92	7.55
Revenue	182.32	165.68	141.41	111.48	85.51	63.01
Revenue Growth (YoY)	20.26%	17.16%	26.85%	30.37%	35.70%	87.86%
Salaries and Employee Benefits	65.27	61.17	58.77	53.84	47.05	28.99
Occupancy Expenses	8.21	8.02	6.86	5.12	3.76	2.97
Selling, General & Administrative	22.15	21.82	23.54	19.43	14.04	10.51
Other Non-Interest Expense	12.98	12.42	9.97	8.94	3.87	3.57
Total Non-Interest Expense	109.74	104.33	99.8	88.31	71.03	47.4
EBT Excluding Unusual Items	72.58	61.35	41.61	23.17	14.48	15.61
Pretax Income	72.58	61.35	41.61	23.17	14.48	15.61
Income Tax Expense	15.74	13.68	8.21	4.51	3.06	3.5
Net Income	56.84	47.67	33.4	18.66	11.42	12.12
Preferred Dividends & Other Adjustments	4.75	4.75	4.74	1.42	-	-
Net Income to Common	52.09	42.92	28.67	17.24	11.42	12.12
Net Income Growth	56.04%	42.72%	79.01%	63.33%	-5.70%	408.82%
Basic Shares Outstanding	14	14	14	13	8	6
Diluted Shares Outstanding	17	17	17	14	8	6
Shares Change (YoY)	2.37%	1.52%	22.71%	69.00%	28.58%	60.68%
EPS (Basic)	3.79	3.14	2.11	1.28	1.45	1.94
EPS (Diluted)	3.28	2.78	1.98	1.25	1.40	1.91
EPS Growth	52.43%	40.59%	58.32%	-10.71%	-26.70%	218.33%
Effective Tax Rate	21.68%	22.30%	19.73%	19.46%	21.12%	22.39%

Updated May 6, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q