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	Jun '26 Jun 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	343.9	316.22	295.26	248.91	146.43	98.89
Interest Income on Investments	44.08	37.82	33.1	17.63	7.52	1.73
Total Interest Income	387.98	354.03	328.36	266.54	153.95	100.62
Interest Paid on Deposits	161.43	150.32	159.75	115.04	30.7	8.53
Interest Paid on Borrowings	9.58	8.49	7.85	11.98	6.8	1.54
Total Interest Expense	171.01	158.81	167.6	127.02	37.49	10.06
Net Interest Income	216.97	195.22	160.76	139.53	116.45	90.55
Net Interest Income Growth	23.28%	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	16.56	14.19	10.6	7.28	6.27	4.29
Total Non-Interest Income	19.65	13.65	10.62	8.21	7.22	4.88
Non-Interest Income Growth	76.24%	28.55%	29.45%	13.59%	48.07%	81.88%
Revenues Before Loan Losses	236.61	208.87	171.38	147.73	123.68	95.43
Provision for Loan Losses	7.66	7.59	5.7	6.32	12.2	9.92
Revenue	228.96	201.28	165.68	141.41	111.48	85.51
Revenue Growth	25.58%	21.49%	17.16%	26.85%	30.37%	35.70%
Salaries and Employee Benefits	85.68	73	61.17	58.77	53.84	47.05
Occupancy Expenses	7.46	6.58	6.4	5.52	5.12	3.76
Selling, General & Administrative	27.52	23.66	21.82	23.54	19.43	14.04
Other Non-Interest Expense	15.83	14.16	14.04	11.31	8.94	3.87
Total Non-Interest Expense	138.11	118.54	104.33	99.8	88.31	71.03
EBT Excluding Unusual Items	90.85	82.75	61.35	41.61	23.17	14.48
Pretax Income	90.85	82.75	61.35	41.61	23.17	14.48
Income Tax Expense	16.54	16.45	13.68	8.21	4.51	3.06
Net Income	74.31	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	69.56	61.54	42.92	28.67	17.24	11.42
Net Income Growth	33.53%	43.38%	49.74%	66.26%	50.92%	-5.70%
Basic Shares Outstanding	15	14	14	14	13	8
Diluted Shares Outstanding	18	17	17	17	14	8
Shares Change	6.58%	2.00%	1.52%	22.71%	69.00%	28.58%
EPS (Basic)	4.70	4.45	3.14	2.11	1.28	1.45
EPS (Diluted)	4.02	3.79	2.78	1.98	1.25	1.40
EPS Growth	22.66%	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	Jun '26 Jun 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	18.20%	19.89%	22.30%	19.73%	19.46%	21.12%

SEC Filings: 10-K · 10-Q