The bank maintains a stable equity-to-assets ratio of 0.10, effectively supporting its rapid asset growth from $4.4 billion to $6.6 billion over the last ten quarters.
| Cash & Short Term Investments | 1.97B | 399.38M | 755.54M | 475.01M | 505.93M | 353.3M | 226.99M | 96.38M |
| Cash & Due from Banks | 425.44M | 175.47M | 371.51M | 296.93M | 329.86M | 326.86M | 201.4M | 95.85M |
| Short Term Investments | 309.25M | 223.91M | 384.02M | 178.09M | 176.07M | 26.43M | 25.59M | 536.33K |
| Total Investments | 5.85B | 4.93B | 4.32B | 3.79B | 3.26B | 2.08B | 1.57B | 801.02M |
| Investments Growth % | 77.58% | 14.18% | 13.93% | 16.13% | 57.13% | 32.07% | 96.26% | - |
| Long-Term Investments | 19B | 4.7B | 3.93B | 3.61B | 3.09B | 2.05B | 1.55B | 800.48M |
| Accounts Receivables | 31.39M | 29.24M | 25.82M | 23.12M | 18.34M | 10.23M | 13.68M | 3.25M |
| Goodwill & Intangibles | 54.88M | 18.68M | 18.84M | 19M | 19.16M | 19.33M | 19.49M | 0 |
| Goodwill | 46.37M | 18.68M | 18.84M | 18.03M | 18.03M | 18.03M | 18.03M | 0 |
| Intangible Assets | 8.52M | 0 | 0 | 969K | 1.13M | 1.29M | 1.45M | 0 |
| PP&E (Net) | 58.17M | 41.85M | 46.09M | 49.99M | 46.53M | 19.05M | 15.16M | 7.7M |
| Other Assets | 152.76M | 140.52M | 152.11M | 209.12M | 90.46M | 43.58M | 41.48M | 19.21M |
| Total Current Assets | 766.08M | 428.62M | 781.36M | 498.13M | 524.27M | 363.52M | 240.67M | 99.64M |
| Total Non-Current Assets | 5.82B | 4.91B | 4.16B | 3.9B | 3.25B | 2.14B | 1.63B | 828.7M |
| Total Assets | 6.58B | 5.34B | 4.94B | 4.4B | 3.77B | 2.5B | 1.87B | 928.34M |
| Asset Growth % | 62.35% | 8.06% | 12.43% | 16.51% | 50.96% | 33.85% | 101.14% | - |
| Return on Assets (ROA) | 1.26% | 1.29% | 1.02% | 0.82% | 0.59% | 0.52% | 0.87% | 0.26% |
| Accounts Payable | 7.21M | 5.96M | 6.28M | 4.79M | 2.54M | 437K | 1.22M | 1.75M |
| Total Debt | 157.57M | 136.97M | 132.53M | 141.71M | 129.43M | 1M | 33.88M | 30.38M |
| Net Debt | -267.88M | -38.5M | -238.98M | -155.22M | -200.43M | -325.86M | -167.52M | -65.47M |
| Long-Term Debt | 81.02M | 80.97M | 80.76M | 80.55M | 80.35M | 0 | 33.88M | 30.38M |
| Short-Term Debt | 57.88M | 37.88M | 30.88M | 38.88M | 30.88M | 1M | 0 | 0 |
| Other Liabilities | 51.69M | 39.92M | 32.41M | 34.45M | 23.25M | 57.77M | 76.65M | 31.65M |
| Total Current Liabilities | 5.78B | 4.67B | 4.35B | 3.85B | 3.27B | 2.14B | 1.64B | 809M |
| Total Non-Current Liabilities | 151.39M | 139.01M | 134.07M | 137.28M | 121.8M | 57.77M | 110.53M | 62.03M |
| Total Liabilities | 5.93B | 4.81B | 4.48B | 3.98B | 3.39B | 2.2B | 1.75B | 871.03M |
| Total Equity | 650.53M | 531.03M | 460.72M | 411.97M | 381.78M | 299.01M | 121.72M | 57.3M |
| Equity Growth % | 78.94% | 15.26% | 11.83% | 7.91% | 27.68% | 145.66% | 112.41% | - |
| Equity / Assets (Capital Ratio) | 9.88% | 9.94% | 9.32% | 9.37% | 10.12% | 11.96% | 6.52% | 6.17% |
| Return on Equity (ROE) | 12.61% | 13.37% | 10.93% | 8.42% | 5.48% | 5.43% | 13.53% | 4.15% |
| Book Value per Share | 39.73 | 32.43 | 26.89 | 24.41 | 27.76 | 36.74 | 19.19 | 8.05 |
| Tangible BV per Share | 36.38 | 31.29 | 25.79 | 23.28 | 26.36 | 34.36 | 16.12 | 8.05 |
| Common Stock | 16.64M | 13.97M | 13.85M | 13.68M | 13.61M | 13.48M | 6.35M | 3.92M |
| Additional Paid-in Capital | 428.81M | 323.93M | 321.7M | 319.61M | 318.03M | 249.2M | 91.46M | 41.83M |
| Retained Earnings | 198.44M | 183.24M | 121.7M | 78.78M | 53.27M | 36.03M | 24.61M | 12.49M |
| Accumulated OCI | 7.67M | 10.92M | 4.51M | 933K | -2.1M | 1.39M | 280K | 490 |
| Treasury Stock | -1.1M | -1.1M | -1.1M | -1.1M | -1.1M | -1.1M | -979K | -940.74K |
| Preferred Stock | 69K | 69K | 69K | 69K | 69K | 0 | 0 | 0 |
Geographic concentration in Texas
According to the provided balance sheet data, Third Coast Bancshares has grown total assets from $4.4 billion in 2023Q4 to $6.6 billion by 2026Q1, representing a rapid expansionary phase that appears to prioritize market share capture within the Texas Golden Triangle over immediate balance sheet consolidation.
The consistent growth in total assets suggests that management is successfully deploying capital into the regional loan market. However, investors should monitor whether this rapid pace of asset accumulation may eventually outstrip the bank's ability to maintain its current underwriting standards.
Based on the reported financial figures, the equity-to-assets ratio has remained remarkably stable at approximately 0.10 throughout the last ten quarters, indicating that the bank is effectively matching its capital base growth with the expansion of its total asset footprint.
Maintaining a steady capital ratio while assets grow by over 50% suggests a disciplined approach to capital management. This stability may provide a buffer against potential volatility in the Texas commercial real estate market, though it also implies that future growth may require additional capital raises if the current pace continues.
As reported in the quarterly balance sheets, the bank's cash and cash equivalents have fluctuated significantly, ranging from a low of $113.4 million in 2025Q2 to a high of $425.4 million in 2026Q1, reflecting a highly dynamic approach to managing short-term liquidity needs.
The volatility in cash balances suggests that the bank is actively managing its liquidity position to support its aggressive loan origination cycle. This strategy appears to prioritize operational flexibility, though it may expose the bank to interest rate risk if liquidity is not deployed efficiently into higher-yielding assets.
Data from the balance sheet indicates that investment securities have grown from $3.8 billion in 2023Q4 to $5.9 billion in 2026Q1, representing the vast majority of the bank's total assets and suggesting a significant reliance on the performance of this portfolio.
The heavy concentration in investment securities relative to total assets warrants further investigation into the duration and credit quality of these holdings. If these securities are primarily long-dated, the bank may face significant unrealized losses or margin compression should interest rates remain elevated for an extended period.
Quick answers to the most common questions about buying TCBX stock.
As of 2025, Third Coast Bancshares, Inc. (TCBX) had total assets of $5.34B including $428.6M in current assets.
Third Coast Bancshares, Inc. (TCBX) carries total debt of $137.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Third Coast Bancshares, Inc. (TCBX) has total shareholders' equity (book value) of $531.0M ($32.43 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Third Coast Bancshares, Inc. (TCBX) reported a current ratio of 0.09x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.