Third Coast Bancshares Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	356.44	316.22	295.26	248.91	146.43	98.89
Interest Income on Investments	45.76	37.82	33.1	17.63	7.52	1.73
Total Interest Income	402.2	354.03	328.36	266.54	153.95	100.62
Interest Paid on Deposits	167.11	150.32	159.75	115.04	30.7	8.53
Interest Paid on Borrowings	9.43	8.49	7.85	11.98	6.8	1.54
Total Interest Expense	176.54	158.81	167.6	127.02	37.49	10.06
Net Interest Income	225.66	195.22	160.76	139.53	116.45	90.55
Net Interest Income Growth	21.03%	21.44%	15.22%	19.81%	28.60%	33.40%
Gain (Loss) on Sale of Investments	-0.38	-0.61	-0	0.48	-	-
Other Non-Interest Income	19.25	14.19	10.6	7.28	6.27	4.29
Total Non-Interest Income	22.33	13.65	10.62	8.21	7.22	4.88
Non-Interest Income Growth	82.08%	28.55%	29.45%	13.59%	48.07%	81.88%
Revenues Before Loan Losses	248	208.87	171.38	147.73	123.68	95.43
Provision for Loan Losses	5.43	7.59	5.7	6.32	12.2	9.92
Revenue	242.56	201.28	165.68	141.41	111.48	85.51
Revenue Growth	26.19%	21.49%	17.16%	26.85%	30.37%	35.70%
Salaries and Employee Benefits	91.51	73	61.17	58.77	53.84	47.05
Occupancy Expenses	8.13	6.58	6.4	5.52	5.12	3.76
Selling, General & Administrative	31.32	23.66	21.82	23.54	19.43	14.04
Other Non-Interest Expense	17.22	14.16	14.04	11.31	8.94	3.87
Total Non-Interest Expense	150.78	118.54	104.33	99.8	88.31	71.03
EBT Excluding Unusual Items	91.78	82.75	61.35	41.61	23.17	14.48
Pretax Income	91.78	82.75	61.35	41.61	23.17	14.48
Income Tax Expense	16.53	16.45	13.68	8.21	4.51	3.06
Net Income	75.26	66.29	47.67	33.4	18.66	11.42
Preferred Dividends & Other Adjustments	4.75	4.75	4.75	4.74	1.42	-
Net Income to Common	70.51	61.54	42.92	28.67	17.24	11.42
Net Income Growth	22.88%	43.38%	49.74%	66.26%	50.92%	-5.70%
Basic Shares Outstanding	17	14	14	14	13	8
Diluted Shares Outstanding	17	17	17	17	14	8
Shares Change	-4.58%	2.00%	1.52%	22.71%	69.00%	28.58%
EPS (Basic)	4.24	4.45	3.14	2.11	1.28	1.45
EPS (Diluted)	4.24	3.79	2.78	1.98	1.25	1.40
EPS Growth	18.94%	36.33%	40.59%	58.32%	-10.71%	-26.70%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Effective Tax Rate	18.01%	19.89%	22.30%	19.73%	19.46%	21.12%

SEC Filings: 10-K · 10-Q