Third Coast Bancshares, Inc. (TCBX)
NASDAQ: TCBX · Real-Time Price · USD
35.24
-0.42 (-1.18%)
Nov 21, 2024, 3:39 PM EST - Market open
Third Coast Bancshares Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
Cash & Equivalents | 270.46 | 411.85 | 332.01 | 327.03 | 203.56 | 96.07 |
Investment Securities | 138.45 | 115.6 | 167.8 | 33.28 | 29.1 | 2.12 |
Trading Asset Securities | 5.79 | 8.83 | 9.21 | 0.39 | 0.49 | - |
Mortgage-Backed Securities | 178.33 | 78.53 | 22.88 | 0.81 | 1.03 | 0.54 |
Total Investments | 322.57 | 202.96 | 199.9 | 34.48 | 30.62 | 2.65 |
Gross Loans | 3,906 | 3,639 | 3,108 | 2,069 | 1,566 | 809.27 |
Allowance for Loan Losses | -39.68 | -37.02 | -30.35 | -19.3 | -11.98 | -8.12 |
Other Adjustments to Gross Loans | -16 | - | - | - | -10.4 | -0.66 |
Net Loans | 3,850 | 3,602 | 3,077 | 2,049 | 1,544 | 800.48 |
Property, Plant & Equipment | 47.09 | 49.99 | 46.53 | 19.05 | 15.16 | 7.7 |
Goodwill | - | 18.03 | 18.03 | 18.03 | 18.03 | - |
Other Intangible Assets | 18.88 | 0.97 | 1.13 | 1.29 | 1.45 | - |
Loans Held for Sale | - | - | - | - | 2.35 | - |
Accrued Interest Receivable | 26.11 | 23.12 | 18.34 | 10.23 | 13.68 | 3.25 |
Long-Term Deferred Tax Assets | 8.65 | 9.23 | 6.3 | 4.12 | 4.04 | 1.3 |
Other Real Estate Owned & Foreclosed | - | - | - | 1.68 | 3.37 | 1.77 |
Other Long-Term Assets | 83.86 | 78.16 | 73.69 | 34.08 | 30.93 | 15.11 |
Total Assets | 4,628 | 4,396 | 3,773 | 2,499 | 1,867 | 928.34 |
Interest Bearing Deposits | 2,854 | 3,028 | 2,615 | 1,497 | 1,156 | 401.68 |
Institutional Deposits | 650.62 | 315.4 | 135.5 | 113.2 | 150.8 | 277.28 |
Non-Interest Bearing Deposits | 489.82 | 459.55 | 486.11 | 531.4 | 327.36 | 128.3 |
Total Deposits | 3,994 | 3,803 | 3,236 | 2,141 | 1,634 | 807.26 |
Short-Term Borrowings | 6.87 | 10.69 | 9.22 | 0.39 | 0.28 | - |
Current Portion of Long-Term Debt | - | - | - | - | 20.88 | - |
Current Portion of Leases | 0.8 | 3.14 | - | - | - | - |
Accrued Interest Payable | 7.28 | 4.79 | 2.55 | 0.44 | 1.22 | 1.75 |
Long-Term Debt | 112.58 | 119.43 | 111.22 | 1 | 13 | 30.38 |
Federal Home Loan Bank Debt, Long-Term | - | - | - | 50 | 70 | 30 |
Long-Term Leases | 20.61 | 19.14 | 18.21 | - | - | - |
Other Long-Term Liabilities | 34.63 | 23.76 | 14.02 | 7.38 | 7.68 | 2.44 |
Total Liabilities | 4,177 | 3,984 | 3,391 | 2,200 | 1,747 | 871.82 |
Preferred Stock, Convertible | 0.07 | 0.07 | 0.07 | - | - | - |
Common Stock | 13.75 | 13.68 | 13.61 | 13.48 | 6.35 | 3.92 |
Additional Paid-In Capital | 320.87 | 319.61 | 318.03 | 249.2 | 91.46 | 41.83 |
Retained Earnings | 109.16 | 78.78 | 53.27 | 36.03 | 24.61 | 12.49 |
Treasury Stock | -1.1 | -1.1 | -1.1 | -1.1 | -0.98 | -0.94 |
Comprehensive Income & Other | 7.8 | 0.93 | -2.1 | 1.39 | -1.02 | -0.78 |
Total Common Equity | 450.48 | 411.91 | 381.71 | 299.01 | 120.42 | 56.52 |
Shareholders' Equity | 450.55 | 411.97 | 381.78 | 299.01 | 120.42 | 56.52 |
Total Liabilities & Equity | 4,628 | 4,396 | 3,773 | 2,499 | 1,867 | 928.34 |
Total Debt | 140.87 | 152.4 | 138.65 | 51.39 | 104.15 | 60.38 |
Net Cash (Debt) | 135.73 | 268.28 | 202.57 | 276.16 | 100.02 | 35.82 |
Net Cash Growth | -8.64% | 32.43% | -26.65% | 176.10% | 179.24% | - |
Net Cash Per Share | 7.98 | 15.90 | 14.73 | 33.93 | 15.80 | 9.09 |
Filing Date Shares Outstanding | 13.68 | 13.61 | 13.58 | 13.44 | 6.2 | 3.85 |
Total Common Shares Outstanding | 13.67 | 13.6 | 13.53 | 13.4 | 6.2 | 3.85 |
Book Value Per Share | 32.96 | 30.28 | 28.21 | 22.31 | 19.43 | 14.69 |
Tangible Book Value | 431.6 | 392.9 | 362.55 | 279.68 | 100.93 | 56.52 |
Tangible Book Value Per Share | 31.58 | 28.88 | 26.79 | 20.87 | 16.29 | 14.69 |
Source: S&P Capital IQ. Banks template. Financial Sources.