Third Coast Bancshares, Inc. (TCBX)

Third Coast Bancshares Balance Sheet

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
Cash & Equivalents	181.23	421.2	411.85	332.01	327.03
Investment Securities	591.89	161.76	115.6	167.8	33.28
Trading Asset Securities	2.54	6.48	8.83	9.21	0.39
Mortgage-Backed Securities	-	238.6	78.53	22.88	0.81
Total Investments	594.44	406.84	202.96	199.9	34.48
Gross Loans	4,395	3,966	3,639	3,108	2,069
Allowance for Loan Losses	-43.95	-40.3	-37.02	-30.35	-19.3
Net Loans	4,351	3,926	3,602	3,077	2,049
Property, Plant & Equipment	41.86	46.09	49.99	46.53	19.05
Goodwill	-	-	-	18.03	18.03
Other Intangible Assets	18.68	18.84	19	1.13	1.29
Accrued Interest Receivable	29.24	25.82	23.12	18.34	10.23
Long-Term Deferred Tax Assets	4.44	11.45	9.23	6.3	4.12
Other Real Estate Owned & Foreclosed	8.39	0.86	-	-	1.68
Other Long-Term Assets	111.69	85.22	78.16	73.69	34.08
Total Assets	5,341	4,942	4,396	3,773	2,499
Interest Bearing Deposits	4,132	3,330	3,028	2,615	1,497
Institutional Deposits	-	378.5	315.4	135.5	113.2
Non-Interest Bearing Deposits	495	602.08	459.55	486.11	531.4
Total Deposits	4,627	4,310	3,803	3,236	2,141
Short-Term Borrowings	3.14	8.66	10.69	9.22	0.39
Current Portion of Leases	-	3.28	-	-	-
Accrued Interest Payable	5.96	6.28	4.79	2.55	0.44
Long-Term Debt	118.84	111.63	119.43	111.22	1
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	50
Long-Term Leases	18.13	17.63	22.28	18.21	-
Other Long-Term Liabilities	36.78	23.75	23.76	14.02	7.38
Total Liabilities	4,810	4,482	3,984	3,391	2,200
Preferred Stock, Convertible	0.07	0.07	0.07	0.07	-
Common Stock	13.97	13.85	13.68	13.61	13.48
Additional Paid-In Capital	323.93	321.7	319.61	318.03	249.2
Retained Earnings	183.24	121.7	78.78	53.27	36.03
Treasury Stock	-1.1	-1.1	-1.1	-1.1	-1.1
Comprehensive Income & Other	10.92	4.51	0.93	-2.1	1.39
Total Common Equity	530.96	460.65	411.91	381.71	299.01
Shareholders' Equity	531.03	460.72	411.97	381.78	299.01
Total Liabilities & Equity	5,341	4,942	4,396	3,773	2,499
Total Debt	140.11	141.19	152.4	138.65	51.39
Net Cash (Debt)	43.93	286.84	268.28	202.57	276.16
Net Cash Growth	-84.69%	6.92%	32.44%	-26.65%	176.09%
Net Cash Per Share	2.51	16.74	15.90	14.73	33.93
Filing Date Shares Outstanding	13.89	13.79	13.61	13.58	13.44
Total Common Shares Outstanding	13.89	13.77	13.6	13.53	13.4
Book Value Per Share	38.22	33.45	30.28	28.21	22.31
Tangible Book Value	512.28	441.81	392.9	362.55	279.68
Tangible Book Value Per Share	36.88	32.09	28.88	26.79	20.87

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

SEC Filings: 10-K · 10-Q