Third Coast Bancshares (TCBX) Change in Interest Receivables (2020 - 2023)

Third Coast Bancshares (TCBX) has reported Change in Interest Receivables for 4 consecutive years, with -$1.1 million the latest figure, recorded in Q4 2023.

• In Q4 2023, Change in Interest Receivables fell 118.12% year-over-year to -$1.1 million; the TTM figure through Dec 2023 stood at $4.4 million (down 65.47% YoY), while the FY2023 annual figure was $4.4 million, down 65.47% from the prior year.
• Change in Interest Receivables retreated to -$1.1 million in Q4 2023 per TCBX's latest filing, from $5.0 million in the prior quarter.
• Across five years, Change in Interest Receivables topped out at $7.9 million in Q2 2022 and bottomed at -$3.7 million in Q1 2022.
• Historically, Change in Interest Receivables has averaged $1.4 million across 4 years, with a median of $1.2 million in 2020.
• On a YoY basis, Change in Interest Receivables climbed as much as 517.19% in 2022 and fell as far as 1932.22% in 2022.
• Third Coast Bancshares' Change in Interest Receivables stood at $1.2 million in 2020, then fell by 7.47% to $1.1 million in 2021, then surged by 447.45% to $6.1 million in 2022, then plunged by 118.12% to -$1.1 million in 2023.
• Business Quant data shows TCBX's Change in Interest Receivables at -$1.1 million in Q4 2023, $5.0 million in Q3 2023, and $2.7 million in Q2 2023.