Third Coast Bancshares, Inc. (TCBX)

Third Coast Bancshares Income Statement

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
Interest Income on Loans	310.86	295.26	248.91	146.43	98.89	80.79
Interest Income on Investments	36.6	33.1	17.63	7.52	1.73	1.45
Total Interest Income	347.47	328.36	266.54	153.95	100.62	82.24
Interest Paid on Deposits	153.02	159.75	115.04	30.7	8.53	12.3
Interest Paid on Borrowings	7.99	7.85	11.98	6.8	1.54	2.06
Total Interest Expense	161.01	167.6	127.02	37.49	10.06	14.36
Net Interest Income	186.46	160.76	139.53	116.45	90.55	67.88
Net Interest Income Growth (YoY)	20.57%	15.22%	19.81%	28.60%	33.40%	99.94%
Gain (Loss) on Sale of Investments	-0.14	-0	0.48	-	-	-
Other Non-Interest Income	12.33	10.6	7.28	6.27	4.29	2.42
Total Non-Interest Income	12.27	10.62	8.21	7.22	4.88	2.68
Non-Interest Income Growth (YoY)	23.83%	29.45%	13.59%	48.07%	81.88%	120.38%
Revenues Before Loan Losses	198.72	171.38	147.73	123.68	95.43	70.56
Provision for Loan Losses	6.5	5.7	6.32	12.2	9.92	7.55
Revenue	192.22	165.68	141.41	111.48	85.51	63.01
Revenue Growth (YoY)	20.96%	17.16%	26.85%	30.37%	35.70%	87.86%
Salaries and Employee Benefits	69.15	61.17	58.77	53.84	47.05	28.99
Occupancy Expenses	7.07	8.02	6.86	5.12	3.76	2.97
Selling, General & Administrative	22.01	21.82	23.54	19.43	14.04	10.51
Other Non-Interest Expense	13.91	12.42	9.97	8.94	3.87	3.57
Total Non-Interest Expense	113.08	104.33	99.8	88.31	71.03	47.4
EBT Excluding Unusual Items	79.15	61.35	41.61	23.17	14.48	15.61
Pretax Income	79.15	61.35	41.61	23.17	14.48	15.61
Income Tax Expense	17.02	13.68	8.21	4.51	3.06	3.5
Net Income	62.13	47.67	33.4	18.66	11.42	12.12
Preferred Dividends & Other Adjustments	4.75	4.75	4.74	1.42	-	-
Net Income to Common	57.38	42.92	28.67	17.24	11.42	12.12
Net Income Growth	42.40%	42.72%	79.01%	63.33%	-5.70%	408.82%
Basic Shares Outstanding	14	14	14	13	8	6
Diluted Shares Outstanding	17	17	17	14	8	6
Shares Change (YoY)	2.52%	1.52%	22.71%	69.00%	28.58%	60.68%
EPS (Basic)	4.16	3.14	2.11	1.28	1.45	1.94
EPS (Diluted)	3.56	2.78	1.98	1.25	1.40	1.91
EPS Growth	38.90%	40.59%	58.32%	-10.71%	-26.70%	218.33%
Effective Tax Rate	21.51%	22.30%	19.73%	19.46%	21.12%	22.39%

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

SEC Filings: 10-K · 10-Q