Third Coast Bancshares, Inc. Income Statement

Income Statement Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 1.62M7.55M9.92M12.20M6.32M6.67M
Revenue 35.17M70.56M95.43M123.68M147.73M171.38M
Interest income
Interest income - Loans 47.57M80.79M98.89M146.43M248.91M295.26M
Interest income - Investments 0.81M1.33M0.76M
Interest Income - Debt Securities 0.79M1.84M1.92M4.47M8.31M17.05M
Interest Income - Fed Funds 2.33M1.15M0.69M
Interest Income - Total 49.92M82.24M100.61M153.95M266.54M328.36M
Interest expenses
Interest Expense - Deposits 13.79M12.30M8.53M30.70M115.04M159.75M
Interest Expense - Debt 2.19M2.06M1.54M6.80M11.97M7.85M
Interest Expenses 15.97M14.36M10.06M37.49M127.02M167.60M
Interest Income - Net 33.95M67.88M90.55M116.45M139.53M160.76M
Non-interest income
Interest Income - Total 32.33M60.33M80.63M104.25M133.21M155.06M
Service Charges 0.55M1.71M2.37M2.71M3.23M6.93M
Investment Gain (Loss) 0.48M-0.00M
Investment Banking Income 0.27M0.59M0.95M0.44M0.03M
Other Non-Interest Income 0.70M3.73M2.93M2.25M2.63M4.32M
Non-Interest Income 1.22M2.68M4.88M7.22M8.21M10.62M
Operating Items
Wages, Salaries and Other 19.98M29.26M48.64M56.51M62.22M65.12M
Rent Expense 2.61M4.13M5.37M8.53M11.29M12.71M
Other Operating Expenses 27.70M43.28M65.66M79.78M88.51M91.61M
Operating Expenses 30.31M47.40M71.03M88.31M99.80M104.33M
Operating Income 3.28M3.04M4.87M8.74M12.88M
EBIT 19.21M3.28M3.04M4.87M8.74M12.88M
Non-operating items
Interest & Investment Income 1.15M0.69M3.60M9.32M16.04M
Net income details
EBT 3.23M15.61M14.48M23.17M41.61M61.35M
Tax Provisions 0.85M3.50M3.44M5.76M11.10M15.81M
Profit After Tax 2.38M12.12M11.42M18.66M33.40M47.67M
Income from Continuing Operations 2.38M12.12M11.04M17.41M30.51M45.54M
Consolidated Net Income 2.38M12.12M11.04M17.41M30.51M45.54M
Income towards Parent Company 2.38M12.12M11.04M17.41M30.51M45.54M
Preferred Dividend Payments 1.42M4.74M4.75M
Net Income towards Common Stockholders 2.38M12.12M11.42M17.24M28.66M42.92M
Additional items
EPS (Basic) 0.621.941.451.282.113.14
EPS (Weighted Average and Diluted) 0.601.911.401.251.982.78
Shares Outstanding (Weighted Average) 12.31M13.44M13.53M13.60M13.68M
Tax Rate 26.35%22.39%23.75%24.86%26.68%25.78%