Third Coast Bancshares Files 8-K on Financial Condition
Ticker: TCBX · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1781730
| Field | Detail |
|---|---|
| Company | Third Coast Bancshares, Inc. (TCBX) |
| Form Type | 8-K |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K
TL;DR
**TCBX just filed an 8-K on financial results, get ready for earnings news.**
AI Summary
Third Coast Bancshares, Inc. filed an 8-K on January 25, 2024, to report on its results of operations and financial condition. This filing, under SEC File Number 001-41028, indicates that the company is providing an update on its financial performance. For investors, this matters because it signals that the company is likely preparing to release or has just released its latest earnings or financial results, which will directly impact the stock's valuation and future prospects.
Why It Matters
This filing indicates Third Coast Bancshares, Inc. is updating the market on its financial health, which is crucial for investors to assess the company's performance and make informed decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial condition, not indicating any immediate negative events or significant changes in company operations.
Analyst Insight
Investors should look for the specific financial statements or press releases that this 8-K is likely referencing, as they will contain the detailed financial performance data crucial for evaluating TCBX.
Key Players & Entities
- Third Coast Bancshares, Inc. (company) — the registrant filing the 8-K
- January 25, 2024 (date) — date of earliest event reported and filing date
- 001-41028 (string) — Commission File Number for Third Coast Bancshares, Inc.
- TCBX (string) — trading symbol for Third Coast Bancshares, Inc. common stock
- The Nasdaq Stock Market LLC (company) — exchange where TCBX common stock is registered
FAQ
What is the primary purpose of this 8-K filing by Third Coast Bancshares, Inc.?
The primary purpose of this 8-K filing, dated January 25, 2024, is to report on the company's "Results of Operations and Financial Condition" and "Financial Statements and Exhibits," as indicated by the 'ITEM INFORMATION' sections.
What is the trading symbol and the exchange where Third Coast Bancshares, Inc.'s common stock is registered?
Third Coast Bancshares, Inc.'s common stock has the trading symbol 'TCBX' and is registered on 'The Nasdaq Stock Market LLC', as stated in the 'Securities registered pursuant to Section 12(b) of the Act' section.
What is the business address and phone number of Third Coast Bancshares, Inc.?
The business address for Third Coast Bancshares, Inc. is '20202 Highway 59 North, Suite 190, Humble, Texas, 77338' and its telephone number is '281 446-7000', according to the 'BUSINESS ADDRESS' section of the filing.
Is Third Coast Bancshares, Inc. considered an emerging growth company according to this filing?
The filing includes a checkbox 'Indicate by check mark whether the registrant is an emerging growth company...', but the box is not checked, implying that Third Coast Bancshares, Inc. does not currently identify itself as an emerging growth company as defined by Rule 405 of the Securities Act or Rule 12b-2 of the Exchange Act.
What is the state of incorporation for Third Coast Bancshares, Inc.?
Third Coast Bancshares, Inc. is incorporated in 'Texas', as specified under the 'State or Other Jurisdiction of Incorporation' section of the filing.
Filing Stats: 548 words · 2 min read · ~2 pages · Grade level 10.3 · Accepted 2024-01-25 17:00:21
Key Financial Figures
- $1.00 — ch registered Common stock, par value $1.00 per share TCBX The Nasdaq Stock Mar
Filing Documents
- tcbx-20240125.htm (8-K) — 41KB
- tcbx-ex99_1.htm (EX-99.1) — 1674KB
- img69977408_0.jpg (GRAPHIC) — 13KB
- 0000950170-24-007484.txt ( ) — 1902KB
- tcbx-20240125.xsd (EX-101.SCH) — 26KB
- tcbx-20240125_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 25, 2024, Third Coast Bancshares, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2023. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing or document.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description of Exhibit 99.1 Press Release dated January 25, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THIRD COAST BANCSHARES, INC. Date: January 25, 2024 By: /s/ R. John McWhorter R. John McWhorter Chief Financial Officer