Third Coast Bancshares, Inc. (TCBX)

Third Coast Bancshares Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	123.01	421.2	411.85	332.01	327.03	203.56
Investment Securities	609.18	161.76	115.6	167.8	33.28	29.1
Trading Asset Securities	2.8	6.48	8.83	9.21	0.39	0.49
Mortgage-Backed Securities	-	238.6	78.53	22.88	0.81	1.03
Total Investments	611.98	406.84	202.96	199.9	34.48	30.62
Gross Loans	4,165	3,966	3,639	3,108	2,069	1,566
Allowance for Loan Losses	-42.56	-40.3	-37.02	-30.35	-19.3	-11.98
Other Adjustments to Gross Loans	-	-	-	-	-	-10.4
Net Loans	4,123	3,926	3,602	3,077	2,049	1,544
Property, Plant & Equipment	42.4	46.09	49.99	46.53	19.05	15.16
Goodwill	-	-	-	18.03	18.03	18.03
Other Intangible Assets	18.72	18.84	19	1.13	1.29	1.45
Loans Held for Sale	-	-	-	-	-	2.35
Accrued Interest Receivable	29.54	25.82	23.12	18.34	10.23	13.68
Long-Term Deferred Tax Assets	6.99	11.45	9.23	6.3	4.12	4.04
Other Real Estate Owned & Foreclosed	-	0.86	-	-	1.68	3.37
Other Long-Term Assets	106.62	85.22	78.16	73.69	34.08	30.93
Total Assets	5,062	4,942	4,396	3,773	2,499	1,867
Interest Bearing Deposits	3,923	3,330	3,028	2,615	1,497	1,156
Institutional Deposits	-	378.5	315.4	135.5	113.2	150.8
Non-Interest Bearing Deposits	450.01	602.08	459.55	486.11	531.4	327.36
Total Deposits	4,373	4,310	3,803	3,236	2,141	1,634
Short-Term Borrowings	3.52	8.66	10.69	9.22	0.39	0.28
Current Portion of Long-Term Debt	-	-	-	-	-	20.88
Current Portion of Leases	-	3.28	-	-	-	-
Accrued Interest Payable	7.15	6.28	4.79	2.55	0.44	1.22
Long-Term Debt	113.79	111.63	119.43	111.22	1	13
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	50	70
Long-Term Leases	18.74	17.63	22.28	18.21	-	-
Other Long-Term Liabilities	32.04	23.75	23.76	14.02	7.38	7.68
Total Liabilities	4,548	4,482	3,984	3,391	2,200	1,747
Preferred Stock, Convertible	0.07	0.07	0.07	0.07	-	-
Common Stock	13.96	13.85	13.68	13.61	13.48	6.35
Additional Paid-In Capital	323.49	321.7	319.61	318.03	249.2	91.46
Retained Earnings	166.54	121.7	78.78	53.27	36.03	24.61
Treasury Stock	-1.1	-1.1	-1.1	-1.1	-1.1	-0.98
Comprehensive Income & Other	10.87	4.51	0.93	-2.1	1.39	-1.02
Total Common Equity	513.76	460.65	411.91	381.71	299.01	120.42
Shareholders' Equity	513.83	460.72	411.97	381.78	299.01	120.42
Total Liabilities & Equity	5,062	4,942	4,396	3,773	2,499	1,867
Total Debt	136.04	141.19	152.4	138.65	51.39	104.15
Net Cash (Debt)	-9.96	286.84	268.28	202.57	276.16	100.02
Net Cash Growth	-	6.92%	32.44%	-26.65%	176.09%	179.24%
Net Cash Per Share	-0.72	16.74	15.90	14.73	33.93	15.80
Filing Date Shares Outstanding	13.88	13.79	13.61	13.58	13.44	6.2
Total Common Shares Outstanding	13.88	13.77	13.6	13.53	13.4	6.2
Book Value Per Share	37.02	33.45	30.28	28.21	22.31	19.43
Tangible Book Value	495.04	441.81	392.9	362.55	279.68	100.93
Tangible Book Value Per Share	35.67	32.09	28.88	26.79	20.87	16.29

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q