---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-116658"
form_type: "8-K"
ticker: "TCBX"
cik: "0001781730"
company_name: "Third Coast Bancshares, Inc."
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:08:17.165306+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Third Coast Bancshares Q3 2024 net income $12.8M, diluted EPS $0.74 (record); loans up 3.5%

## Summary
- Net income $12.8M ($0.85 basic / $0.74 diluted EPS) vs $10.8M in Q2 2024.
- ROAA improved to 1.14% annualized; efficiency ratio fell to 59.57% from 61.39%.
- Gross loans grew $131.7M to $3.89B; noninterest-bearing deposits up $25.3M to $489.8M.
- Book value per share $28.13, tangible book value $26.75, both increased sequentially.
- Opened de novo 19th branch in Houston, Texas.

## SEC filing metadata
- accession: 0000950170-24-116658
- form_type: 8-K
- ticker: TCBX
- cik: 0001781730
- company_name: Third Coast Bancshares, Inc.
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781730/000095017024116658/0000950170-24-116658-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781730/000095017024116658/tcbx-20241023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-116658
- JSON: https://secwatch.observer/filing/0000950170-24-116658.json
- Plain text: https://secwatch.observer/filing/0000950170-24-116658.txt

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