Third Coast Bancshares Files 2024 10-K
Ticker: TCBX · Form: 10-K · Filed: Mar 5, 2025 · CIK: 1781730
| Field | Detail |
|---|---|
| Company | Third Coast Bancshares, Inc. (TCBX) |
| Form Type | 10-K |
| Filed Date | Mar 5, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, financials
TL;DR
TCBX dropped its 2024 10-K. All looks standard, check the real estate and C&I loan books.
AI Summary
Third Coast Bancshares, Inc. filed its 2024 10-K on March 5, 2025, reporting on its fiscal year ending December 31, 2024. The filing details the company's financial performance and position, including its real estate and commercial loan portfolios. Key financial data and disclosures relevant to investors are presented within this annual report.
Why It Matters
This 10-K filing provides a comprehensive overview of Third Coast Bancshares' financial health and operational performance for the fiscal year 2024, crucial for investors assessing the company's stability and future prospects.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags or significant positive news that would alter the risk profile.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for the 10-K)
- 2025-03-05 — Filing Date (Date the 10-K was submitted to the SEC)
Key Players & Entities
- Third Coast Bancshares, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-03-05 (date) — Filing date
- TX (location) — State of incorporation and business address
- HUMBLE (location) — City of business address
FAQ
What was the company's financial performance in its real estate and commercial loan portfolios for the fiscal year 2024?
The filing indicates segments like 'RealEstatePortfolioSegmentMember' and 'CommercialAndIndustrialPortfolioSegmentMember', suggesting these are key areas of focus, with specific performance data detailed within the full report.
Does the filing mention any significant accounting standards updates adopted by Third Coast Bancshares in 2024?
Yes, the filing references 'us-gaap:AccountingStandardsUpdate201613Member' with an effective date of '2023-01-01', indicating adoption of ASU 2016-13 (CECL).
What is the company's address and phone number?
The business and mailing address is 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE, TX 77338, and the business phone number is 2814467000.
What is the Central Index Key (CIK) for Third Coast Bancshares?
The Central Index Key for Third Coast Bancshares, Inc. is 0001781730.
Are there any disclosures related to fair value measurements in the filing?
Yes, the filing includes 'us-gaap:EstimateOfFairValueFairValueDisclosureMember' and 'us-gaap:FairValueInputsLevel2Member' for the period ending '2023-12-31', indicating disclosures about fair value hierarchy.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 5, 2025 regarding Third Coast Bancshares, Inc. (TCBX).