Third Coast Bancshares Q1 2025 Financials Revealed
Ticker: TCBX · Form: 10-Q · Filed: May 6, 2025 · CIK: 1781730
| Field | Detail |
|---|---|
| Company | Third Coast Bancshares, Inc. (TCBX) |
| Form Type | 10-Q |
| Filed Date | May 6, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, quarterly-report, fair-value, loans
Related Tickers: TCBX
TL;DR
**TCBX Q1 2025:** Fair value, past-due loans, and hedging data disclosed. Financial health check.
AI Summary
Third Coast Bancshares, Inc. filed its quarterly report for the period ending March 31, 2025. The filing details financial information including fair value measurements for various assets and liabilities, such as corporate bond securities and land. It also provides data on past-due loans, specifically non-farm, non-residential, non-owner-occupied loans, and information related to cash flow hedging activities.
Why It Matters
This filing provides investors and analysts with a detailed look into Third Coast Bancshares' financial health and risk exposure as of Q1 2025, impacting investment decisions.
Risk Assessment
Risk Level: medium — The filing contains details on past-due loans and fair value measurements, which can indicate potential financial risks.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Indicates the specific date for which financial data is reported.)
- 2025-05-06 — Filing Date (Shows when the company submitted its quarterly report to the SEC.)
Key Players & Entities
- Third Coast Bancshares, Inc. (company) — Filer of the 10-Q report
- 20250331 (date) — End of the reporting period
- 20250506 (date) — Date the report was filed
- 462135597 (dollar_amount) — Employer Identification Number (EIN)
FAQ
What was the fair value of corporate bond securities as of March 31, 2025?
The filing indicates recurring fair value measurements for us-gaap:CorporateBondSecuritiesMember as of 2025-03-31.
What type of loans were 30-59 days past due as of March 31, 2025?
Non-farm, non-residential, non-owner-occupied loans were reported as us-gaap:FinancingReceivables30To59DaysPastDueMember for tcbx:NonFarmNonResidentialNonOwnerOccupiedLoanMember as of 2025-03-31.
What is the company's fiscal year end?
Third Coast Bancshares, Inc.'s fiscal year ends on 1231.
When was the company incorporated?
The company was incorporated in TX.
What is the SIC code for Third Coast Bancshares, Inc.?
The Standard Industrial Classification (SIC) code is 6036, categorized under SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 6, 2025 regarding Third Coast Bancshares, Inc. (TCBX).