---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-047613"
form_type: "8-K"
ticker: "TCBX"
cik: "0001781730"
company_name: "Third Coast Bancshares, Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:48:46.159491+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Third Coast Q1 net income $10.4M, EPS $0.61 diluted, records in assets and deposits

## Summary
- Net income $10.4M, diluted EPS $0.61 vs $9.7M/$0.57 in Q4 2023; record EPS.
- Total assets $4.66B (+6% QoQ), gross loans $3.75B (+3%), deposits $4.05B (+6.5%).
- Tangible book value per share $24.79, up from $24.02 at Dec 31, 2023.
- Opened 17th branch in Austin, Texas in April 2024.

## SEC filing metadata
- accession: 0000950170-24-047613
- form_type: 8-K
- ticker: TCBX
- cik: 0001781730
- company_name: Third Coast Bancshares, Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781730/000095017024047613/0000950170-24-047613-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781730/000095017024047613/tcbx-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-047613
- JSON: https://secwatch.observer/filing/0000950170-24-047613.json
- Plain text: https://secwatch.observer/filing/0000950170-24-047613.txt

## Key facts
- Earnings Releases
  Third Coast Bancshares, Inc. reported financial results for first quarter ended March 31, 2024.
  - Period: first quarter ended March 31, 2024
  - Result: reported results
  source text: On April 24, 2024, Third Coast Bancshares, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781730/000095017024047613/0000950170-24-047613-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.