Company Analysis

Third Coast Bancshares, Inc. (TCBX)

NYSE: TCBX · Savings Institutions, Not Federally Chartered · Humble, TX · filing with the SEC since 2020
Grade3.8
◀ Past 2.3● Present 4.9▶ Future 4.6
5 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedMar 4, 2026Mar 5, 2025Mar 7, 2024Mar 15, 2023Mar 17, 2022··
For lenders
Interest and dividend income354,030328,356266,544153,946100,61582,24149,925
Interest expense on deposits and borrowings158,813167,598127,01937,492···
Net interest income195,217160,758139,525116,45490,55367,88133,951
Provision for credit losses7,5885,7016,32012,2009,9237,5501,625
Net interest income after provision187,629155,057133,205104,25480,63060,33132,326
Noninterest income13,65310,6218,2057,2234,8782,6821,217
Noninterest expense118,537104,32799,79888,30971,02547,40330,310
Interest expense··127,01937,49210,06214,36015,974
Income before income taxes82,74561,35141,61223,16814,48315,6103,233
Income tax expense16,45413,6808,2114,5093,0593,495852
Net income including non-controlling interests66,29147,67133,40118,65911,42412,1152,381
Net income66,29147,67133,40118,65911,42412,1152,381
Preferred dividends4,7504,7494,7361,418···
Net income to common shareholders61,54142,92228,66517,24111,42412,1152,381
Earnings per share, basic4.453.142.111.281.451.940.62
Earnings per share, diluted3.792.781.981.251.401.910.60
Weighted average shares, basic13,841,23013,656,85913,583,55313,465,1967,874,1106,232,1153,846,727
Weighted average shares, diluted17,477,20717,133,84516,877,89113,754,6108,138,8246,329,7603,939,288
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses
Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton TCBX · research, not advice