Third Coast Bancshares, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Noninterest income:
Additional Financial Items
Bank Owned Life Insurance Income $354k $567k $1.3m $2.1m $2.5m $3.0m
Amortization of Intangible Assets $162k $162k $162k
Depreciation, Depletion and Amortization, Nonproduction $4.6m $4.7m
Gains (Losses) on Sales of Investment Real Estate ($344k) ($350k)
Interest Income, Operating $82.2m $100.6m $153.9m $266.5m $328.4m $354.0m
Preferred Stock Dividends, Income Statement Impact $1.4m $4.7m $4.7m $4.8m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $15.6m $14.5m $23.2m $41.6m $61.4m $82.7m
Net Income (Loss) Attributable to Parent $12.1m $11.4m $18.7m $33.4m $47.7m $66.3m
Net Income (Loss) Available to Common Stockholders, Basic $12.1m $11.4m $17.2m $28.7m $42.9m $61.5m
Earnings Per Share, Basic $1.94 $1.45 $1.28 $2.11 $3.14 $4.45
Earnings Per Share, Diluted $1.91 $1.40 $1.25 $1.98 $2.78 $3.79
Preferred Stock, Dividends Per Share, Declared $1.94 $1.45 $1.28 $2.11 $68.44 $68.44
Weighted Average Number of Shares Outstanding, Basic 6.2m 7.9m 13.5m 13.6m 13.7m 13.8m
Weighted Average Number of Shares Outstanding, Diluted 6.3m 8.1m 13.8m 16.9m 17.1m 17.5m
Noninterest expense:
Labor and Related Expense $29.3m $48.6m $56.5m $62.2m $65.1m $77.2m
Marketing and Advertising Expense $1.3m $1.9m $1.9m $2.6m $1.7m $2.1m
Current Income Tax Expense (Benefit) $6.3m $3.4m $5.8m $11.1m $61.4m
Interest Expense $14.4m $10.1m $37.5m $127.0m $167.6m $158.8m
Operating Lease, Expense $3.4m $4.4m
Income Tax Expense (Benefit) $3.5m $3.1m $4.5m $8.2m $13.7m $16.5m
Total interest expense $14.4m $10.1m $37.5m $127.0m $167.6m $158.8m
Interest Income (Expense), Net $67.9m $90.6m $116.5m $139.5m $160.8m $195.2m