secwatch.observer — SEC 8-K summary
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Issuer:     Third Coast Bancshares, Inc. (TCBX)
CIK:        0001781730
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001193125-26-170491
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Third Coast Bancshares Q1 net income $16.4M; completes Keystone merger adding $1B assets
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- Net income of $16.4M ($0.88 diluted EPS) vs. $13.6M ($0.78) in Q1 2025; merger-related costs cut $3.3M pre-tax.
- Completed Keystone merger on Feb 1, 2026, adding ~$812M loans, $1B assets, and $844M deposits.
- Gross loans grew to $5.25B at March 31, 2026 from $4.39B at Dec 31, 2025.
- Net interest margin of 3.67% vs. 4.10% in Q4 2025; efficiency ratio 66.06% vs. 57.90% in Q4 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781730/000119312526170491/0001193125-26-170491-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781730/000119312526170491/tcbx-20260422.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-170491

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer