TCBX on NYSE
Third Coast Bancshares, Inc.
American savings institutions company based in Humble, incorporated in Texas. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
$66.3MNet income, fiscal 20253
- TickerTCBX on NYSE2
- IndustrySavings Institutions, Not Federally Chartered2
- HeadquartersAustin, United States2
- Incorporated inTX4
- Business address20202 Highway 59 North, Suite 190, Humble, Tx 773384
- Filer category, Emerging growth company4
- Legal formCorporation2
- LEI254900LW0YOTBYSQCK192
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O CAPITOL CORPORATE SERVICES, INC., 78746 Austin, United States2
- Registered withCorporations Section (Texas Secretary of State), 08017186462
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
12.5%Return on equity3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Loans, including fees | $316.2M | $295.3M | $248.9M |
| Investment securities available-for-sale | $24.0M | $17.1M | $8.3M |
| Investment securities held-to-maturity | $7.2M | ||
| Federal funds sold and other | $6.7M | $16.0M | $9.3M |
| Total interest income | $354.0M | $328.4M | $266.5M |
| Deposit accounts | $150.3M | $159.7M | $115.0M |
| FHLB advances and other borrowings | $8.5M | $7.8M | $12.0M |
| Total interest expense | $158.8M | $167.6M | $127.0M |
| Net interest (expense) income | $195.2M | $160.8M | $139.5M |
| Provision for credit losses | $7.6M | $5.7M | $6.3M |
| Net interest income after provision for credit losses | $187.6M | $155.1M | $133.2M |
| Services charges and fees | $10.8M | $6.9M | $3.2M |
| Earnings on bank-owned life insurance | $3.0M | $2.5M | $2.1M |
| (Loss) gain on sale of investment securities available-for-sale | -$610.0K | -$4.0K | $482.0K |
| Gain on sales of SBA loans | $74.0K | $30.0K | $440.0K |
| Other | $413.0K | $1.2M | $1.9M |
| Total noninterest income | $13.7M | $10.6M | $8.2M |
| Salaries and employee benefits | $77.2M | $65.1M | $62.2M |
| Occupancy and equipment expense | $11.3M | $11.1M | $9.9M |
| Legal and professional | $7.5M | $5.6M | $7.8M |
| Data processing and network expense | $4.6M | $5.3M | $4.7M |
| Regulatory assessments | $4.8M | $4.4M | $2.6M |
| Advertising and marketing | $2.1M | $1.7M | $2.6M |
| Software purchases and maintenance | $4.6M | $4.9M | $3.7M |
| Loan operations and other real estate owned expense | $1.1M | $904.0K | $673.0K |
| Telephone and communications | $550.0K | $585.0K | $510.0K |
| Other | $4.8M | $4.7M | $5.0M |
| Total noninterest expense | $118.5M | $104.3M | $99.8M |
| Net income before income tax expense | $82.7M | $61.4M | $41.6M |
| Income tax expense | $16.5M | $13.7M | $8.2M |
| Net income | $66.3M | $47.7M | $33.4M |
| Preferred stock dividends declared | $4.8M | $4.7M | $4.7M |
| Net income available to common shareholders | $61.5M | $42.9M | $28.7M |
| Basic earnings per share | $4.45 | $3.14 | $2.11 |
| Diluted earnings per share | $3.79 | $2.78 | $1.98 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 6 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-05-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and due from banks | $175.2M | $371.2M | |||
| Federal funds sold | $6.0M | $50.0M | |||
| Total cash and cash equivalents | $181.2M | $421.2M | |||
| Interest bearing time deposits in other banks | $267.0K | $356.0K | |||
| Investment securities available for sale | $383.2M | $384.0M | |||
| Investment securities held-to-maturity | $192.0M | $0 | |||
| Loans, net of allowance for credit losses of $40,304 and $37,022 at December 31, 2025 and 2024, respectively | $4.4B | $3.9B | |||
| Accrued interest receivable | $29.2M | $25.8M | |||
| Premises and equipment, net | $24.8M | $26.2M | |||
| Other real estate owned | $8.4M | $862.0K | |||
| Bank-owned life insurance | $76.4M | $68.3M | |||
| Non-marketable equity securities, at cost | $16.4M | $16.0M | |||
| Deferred tax asset, net | $6.5M | $11.4M | |||
| Derivative assets | $2.5M | $6.5M | |||
| Right-of-use asset - operating leases | $17.1M | $19.9M | |||
| Goodwill and other intangible assets | $18.7M | $18.8M | |||
| Other assets | $33.3M | $16.9M | |||
| Total assets | $5.3B | $4.9B | |||
| Noninterest bearing | $495.0M | $602.1M | |||
| Interest bearing | $4.1B | $3.7B | |||
| Total deposits | $4.6B | $4.3B | |||
| Accrued interest payable | $6.0M | $6.3M | |||
| Derivative liabilities | $3.1M | $8.7M | |||
| Lease liability - operating leases | $18.1M | $20.9M | |||
| Other liabilities | $36.8M | $23.8M | |||
| Line of credit - Senior Debt | $37.9M | $30.9M | |||
| Note payable - Subordinated Debentures, net | $81.0M | $80.8M | |||
| Total liabilities | $4.8B | $4.5B | |||
| Series A Convertible Non-Cumulative Preferred Stock, $1 par value; 69,400 shares authorized and outstanding at December 31, 2025 and 2024, respectively | $69.0K | $69.0K | |||
| Common stock, $1 par value; 50,000,000 shares authorized; 13,969,517 and 13,848,242 issued; and 13,891,055 and 13,769,780 outstanding at December 31, 2025 and 2024, respectively | $14.0M | $13.8M | |||
| Additional paid-in capital | $323.9M | $321.7M | |||
| Retained earnings | $183.2M | $121.7M | |||
| Accumulated other comprehensive income | $10.9M | $4.5M | |||
| Treasury stock: at cost; 78,462 shares at December 31, 2025 and 2024, respectively | -$1.1M | -$1.1M | |||
| Total shareholders' equity | $531.0M | $460.7M | |||
| Total liabilities & shareholders' equity | $5.3B | $4.9B | |||
| Loans, net of allowance for loan loss | $43.9M | $40.3M | $37.0M | $30.4M | |
| Preferred stock, par value | $1.00 | $1.00 | $1.00 | ||
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares | 1.0M shares | ||
| Common stock, par value | $1.00 | $1.00 | $1.00 | ||
| Common stock, shares authorized | 50.0M shares | 50.0M shares | |||
| Common stock, shares issued | 14.0M shares | 13.8M shares | |||
| Common stock, shares outstanding | 13.9M shares | 13.8M shares | |||
| Treasury stock, shares | 78.5K shares | 78.5K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-05-31 | 2022-12-31 | 2022-06-30 |
|---|---|---|---|---|---|---|
| Cash and due from banks | $175.2M | $371.2M | ||||
| Federal funds sold | $6.0M | $50.0M | ||||
| Total cash and cash equivalents | $181.2M | $421.2M | ||||
| Interest bearing time deposits in other banks | $267.0K | $356.0K | ||||
| Investment securities available for sale | $383.2M | $384.0M | ||||
| Investment securities held-to-maturity | $192.0M | $0 | ||||
| Loans, net of allowance for credit losses of $40,304 and $37,022 at December 31, 2025 and 2024, respectively | $4.4B | $3.9B | ||||
| Accrued interest receivable | $29.2M | $25.8M | ||||
| Premises and equipment, net | $24.8M | $26.2M | ||||
| Other real estate owned | $8.4M | $862.0K | ||||
| Bank-owned life insurance | $76.4M | $68.3M | ||||
| Non-marketable equity securities, at cost | $16.4M | $16.0M | ||||
| Deferred tax asset, net | $6.5M | $11.4M | ||||
| Derivative assets | $2.5M | $6.5M | ||||
| Right-of-use asset - operating leases | $17.1M | $19.9M | ||||
| Goodwill and other intangible assets | $18.7M | $18.8M | ||||
| Other assets | $33.3M | $16.9M | ||||
| Total assets | $5.3B | $4.9B | ||||
| Noninterest bearing | $495.0M | $602.1M | ||||
| Interest bearing | $4.1B | $3.7B | ||||
| Total deposits | $4.6B | $4.3B | ||||
| Accrued interest payable | $6.0M | $6.3M | ||||
| Derivative liabilities | $3.1M | $8.7M | ||||
| Lease liability - operating leases | $18.1M | $20.9M | ||||
| Other liabilities | $36.8M | $23.8M | ||||
| Line of credit - Senior Debt | $37.9M | $30.9M | ||||
| Note payable - Subordinated Debentures, net | $81.0M | $80.8M | ||||
| Total liabilities | $4.8B | $4.5B | ||||
| Series A Convertible Non-Cumulative Preferred Stock, $1 par value; 69,400 shares authorized and outstanding at December 31, 2025 and 2024, respectively | $69.0K | $69.0K | ||||
| Common stock, $1 par value; 50,000,000 shares authorized; 13,969,517 and 13,848,242 issued; and 13,891,055 and 13,769,780 outstanding at December 31, 2025 and 2024, respectively | $14.0M | $13.8M | ||||
| Additional paid-in capital | $323.9M | $321.7M | ||||
| Retained earnings | $183.2M | $121.7M | ||||
| Accumulated other comprehensive income | $10.9M | $4.5M | ||||
| Treasury stock: at cost; 78,462 shares at December 31, 2025 and 2024, respectively | -$1.1M | -$1.1M | ||||
| Total shareholders' equity | $531.0M | $460.7M | ||||
| Total liabilities & shareholders' equity | $5.3B | $4.9B | ||||
| Loans, net of allowance for loan loss | $43.9M | $40.3M | $37.0M | $30.4M | ||
| Preferred stock, par value | $1.00 | $1.00 | $1.00 | |||
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares | 1.0M shares | |||
| Common stock, par value | $1.00 | $1.00 | $1.00 | $1.00 | ||
| Common stock, shares authorized | 50.0M shares | 50.0M shares | ||||
| Common stock, shares issued | 14.0M shares | 13.8M shares | ||||
| Common stock, shares outstanding | 13.9M shares | 13.8M shares | ||||
| Treasury stock, shares | 78.5K shares | 78.5K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $66.3M | $47.7M | $33.4M |
| Provision for credit losses | $7.6M | $5.7M | $6.3M |
| Changes in deferred tax, net | $3.3M | -$3.2M | -$2.9M |
| Share based compensation expense | $1.6M | $1.7M | $1.6M |
| Loss (gain) on sale of investment securities available-for-sale | $610.0K | $4.0K | -$482.0K |
| Gain on sale of SBA loans | -$74.0K | -$30.0K | -$440.0K |
| (Write-up) write-down of other real estate owned | -$219.0K | $57.0K | $0 |
| Write-down of fixed assets | $9.0K | ||
| Accretion of discount on securities, net | -$2.4M | -$1.2M | -$409.0K |
| Accretion of gain on terminated cash flow hedges | -$3.2M | -$3.0M | -$1.7M |
| Accretion of SBA Paycheck Protection Program fees | -$23.0K | ||
| Accretion of loan fees | -$17.0M | -$7.7M | -$4.4M |
| Amortization of subordinated debt origination costs | $206.0K | $206.0K | $205.0K |
| Depreciation and amortization | $4.7M | $4.6M | $3.9M |
| Earnings on bank-owned life insurance | -$3.0M | -$2.5M | -$2.1M |
| Net change in operating leases | $27.0K | $196.0K | $504.0K |
| Net change in derivative assets and liabilities | $579.0K | -$298.0K | $310.0K |
| Accrued interest receivable and other assets | -$20.7M | -$7.6M | -$4.4M |
| Accrued interest payable and other liabilities | $12.4M | $504.0K | $9.6M |
| Net cash provided by operating activities | $50.8M | $35.1M | $39.1M |
| Net decrease (increase) in interest bearing deposits in other banks | $89.0K | -$356.0K | |
| Net (purchase) sale of non-marketable equity securities | -$444.0K | $61.0K | -$1.4M |
| Purchases | -$5.2B | -$4.3B | -$3.1B |
| Sales | $74.0M | $36.0M | $13.9M |
| Maturities, calls and principal paydowns | $5.2B | $4.0B | $3.1B |
| Purchases of investment securities held-to-maturity | -$192.1M | ||
| Proceeds from termination of derivative instruments | $1.5M | $6.2M | $5.0M |
| Net originations on loans held for investment | -$422.5M | -$322.3M | -$527.6M |
| Net additions to bank premises and equipment | -$2.7M | -$1.8M | -$3.4M |
| Proceeds from sales of foreclosed assets | $655.0K | ||
| Purchase of bank owned life insurance | -$5.0M | -$3.0M | |
| Net cash used in investing activities | -$610.2M | -$520.9M | -$529.5M |
| Net increase in deposits | $316.4M | $507.4M | $567.0M |
| Net proceeds from (repayment of) line of credit - senior debt | $7.0M | -$8.0M | $8.0M |
| Registration costs for securities issued in private placement | -$65.0K | ||
| Proceeds from stock warrants exercised | $47.0K | ||
| Forfeiture of restricted stock grants withheld to satisfy tax obligations | -$32.0K | -$42.0K | -$22.0K |
| Proceeds from stock options exercised | $779.0K | $656.0K | |
| Dividends paid on Series A preferred stock | -$4.8M | -$4.7M | -$4.7M |
| Net cash provided by financing activities | $319.4M | $495.1M | $570.3M |
| Change in cash and cash equivalents | -$240.0M | $9.4M | $79.8M |
| Cash paid for interest | $159.1M | $166.1M | $124.8M |
| Cash paid for federal income taxes | $22.0M | $15.2M | $8.6M |
| Cash paid for state income taxes, net of refunds | $821.0K | $597.0K | |
| Loans transferred to other real estate owned, net | $8.0M | $919.0K | |
| Right of use lease assets obtained in exchange for operating lease liabilities | $381.0K | $877.0K | $5.7M |
| Reclassification of investment securities from held-to-maturity to available-for-sale | $14.0M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Third Coast Bancshares, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
2025
- Chief financial officerRichard J. McWhorter Nov 8, 2021 to now11
Board members and other officers (25)
- OfficerLaura Rau Feb 20, 2026 to now12
- OfficerLiz Eber Mar 4, 2024 to now13
- OfficerChristopher Seay Peacock Feb 27, 2023 to now14
- OfficerMichael Deckert Feb 27, 2023 to May 2, 202315
- OfficerVicki Alexander Feb 27, 2023 to now16
- OfficerWilliam Bobbora Feb 27, 2023 to now17
- OfficerAudrey Duncan Nov 8, 2021 to now18
- OfficerBart Caraway Nov 8, 2021 to now19
- OfficerDonald C. Legato Nov 8, 2021 to Feb 24, 202220
- Board memberClint Tuxberry Greenleaf Feb 11, 2026 to now21
- Board memberJeffrey A. Wilkinson Feb 13, 2026 to now22
- Board memberLynn Eisenhart May 27, 2025 to now23
- Board memberGreg Bonnen May 30, 2025 to now24
- Board memberMary Stich May 30, 2025 to now25
- Board memberDavid R. Phelps Jul 28, 2023 to now26
- Board memberTony Scavuzzo Nov 1, 2022 to Nov 1, 202227
- Board memberBart Caraway Nov 8, 2021 to now19
- Board memberDennis Bonnen Nov 8, 2021 to now28
- Board memberJoseph Stunja Nov 8, 2021 to now29
- Board memberMartin Basaldua Nov 8, 2021 to now30
- Board memberNorma Galloway Nov 8, 2021 to May 30, 202331
- Board memberReagan Swinbank Nov 8, 2021 to now32
- Board memberShelton McDonald Nov 8, 2021 to now33
- Board memberTroy Andrew Glander Nov 8, 2021 to now34
- Board memberW. Donald Brunson Nov 8, 2021 to now35
Named in SEC Form D filings
People the company listed in its private-offering notices.
Timeline
- Jan 16, 2013Founded Third Coast Bancshares, Inc. is founded2
Filings
367 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 74 major events, 191 insider forms, 11 large holders, 2 private raises, 69 other. The latest 20:
- Oct 13, 2026425 EDGAR
- Oct 13, 20268-K EDGAR
- Oct 9, 2026425 EDGAR
- Oct 9, 2026425 EDGAR
- Oct 7, 2026425 EDGAR
- Oct 7, 20268-K EDGAR
- Sep 18, 20268-K EDGAR
- Sep 17, 20268-K EDGAR
- Aug 4, 202610-Q EDGAR
- Jul 30, 2026SCHEDULE 13G/A EDGAR
- Jul 22, 20268-K EDGAR
- Jul 13, 20268-K EDGAR
- Jul 2, 20268-K EDGAR
- Jun 23, 2026S-8 EDGAR
- Jun 18, 20268-K EDGAR
- Jun 16, 20264 EDGAR
- Jun 12, 2026144 EDGAR
- May 26, 20264 EDGAR
- May 26, 20264 EDGAR
- May 26, 20264 EDGAR
The 367 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
45 open-market trades by officers, directors and large owners since October 2021: 39 buys and 6 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 15, 2026 | Glander Troy AndrewDirector | Sale | 2,500 | $40.29 | $100.7K | Form 4 |
| Feb 24, 2026 | Bobbora WilliamSee Remarks | Buy | 1,200 | $39.62 | $47.5K | Form 4 |
| Dec 1, 2025 | Brunson W. DonaldDirector | Sale | 1,500 | $38.55 | $57.8K | Form 4 |
| Nov 19, 2025 | Eber LizSee Remarks | Buy | 135 | $36.48 | $4.9K | Form 4 |
| Nov 17, 2025 | Bobbora WilliamSee Remarks | Sale | 245 | $36.30 | $8.9K | Form 4 |
| Oct 30, 2025 | Glander Troy AndrewDirector | Sale | 1,706 | $36.96 | $63.1K | Form 4 |
| Jul 29, 2025 | Bobbora WilliamSee Remarks | Buy | 1,300 | $37.56 | $48.8K | Form 4 |
| Jul 29, 2025 | Glander Troy AndrewDirector | Sale | 3,000 | $37.86 | $113.6K | Form 4 |
| Jun 13, 2025 | Bonnen DennisDirector | Buy | 8,300 | $30.30 | $251.5K | Form 4 |
| May 21, 2025 | Bobbora WilliamSee Remarks | Buy | 1,200 | $31.40 | $37.7K | Form 4 |
| Apr 30, 2025 | Eber LizSee Remarks | Buy | 70 | $29.71 | $2.1K | Form 4 |
| Apr 28, 2025 | MCWHORTER RICHARD JChief Financial Officer | Buy | 10,000 | $29.21 | $292.1K | Form 4 |
| Apr 28, 2025 | Bobbora WilliamSee Remarks | Buy | 2,400 | $28.51 | $68.4K | Form 4 |
| Apr 28, 2025 | Caraway BartSee Remarks | Buy | 1,000 | $29.28 | $29.3K | Form 4 |
| Mar 14, 2025 | Bobbora WilliamSee Remarks | Buy | 2,000 | $32.35 | $64.7K | Form 4 |
| Feb 21, 2025 | Bobbora WilliamSee Remarks | Buy | 800 | $35.64 | $28.5K | Form 4 |
| Feb 19, 2025 | Brunson W. DonaldDirector | Sale | 2,000 | $37.54 | $75.1K | Form 4 |
| Feb 13, 2025 | Eber LizSee Remarks | Buy | 50 | $37.26 | $1.9K | Form 4 |
| Dec 5, 2024 | Bobbora WilliamSee Remarks | Buy | 1,450 | $35.33 | $51.2K | Form 4 |
| Aug 5, 2024 | Bobbora WilliamSee Remarks | Buy | 2,500 | $21.00 | $52.5K | Form 4 |
All 45 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G/A, 2 filings Apr 27, 2026 to Jul 30, 202637
- Castle Creek Capital Partners VIII, LPSC 13D/A, 5 filings Oct 7, 2022 to Nov 20, 202438
Money raised
Private offerings the company reported to the SEC on Form D.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGARLaura Rau, Officer
- 13SEC EDGARLiz Eber, Officer
- 14SEC EDGARChristopher Seay Peacock, Officer
- 15SEC EDGARMichael Deckert, Officer
- 16SEC EDGARVicki Alexander, Officer
- 17SEC EDGARWilliam Bobbora, Officer
- 18SEC EDGARAudrey Duncan, Officer
- 19SEC EDGARBart Caraway, Officer
- 20SEC EDGARDonald C. Legato, Officer
- 21
- 22SEC EDGARJeffrey A. Wilkinson, Board member
- 23SEC EDGARLynn Eisenhart, Board member
- 24SEC EDGARGreg Bonnen, Board member
- 25SEC EDGARMary Stich, Board member
- 26SEC EDGARDavid R. Phelps, Board member
- 27SEC EDGARTony Scavuzzo, Board member
- 28SEC EDGARDennis Bonnen, Board member
- 29SEC EDGARJoseph Stunja, Board member
- 30SEC EDGARMartin Basaldua, Board member
- 31SEC EDGARNorma Galloway, Board member
- 32SEC EDGARReagan Swinbank, Board member
- 33SEC EDGARShelton McDonald, Board member
- 34SEC EDGARTroy Andrew Glander, Board member
- 35SEC EDGARW. Donald Brunson, Board member
- 36
- 37
- 38