Call reports 2023
THIRD COAST BANK — 2023
What THIRD COAST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 3,855,345,000 | 3,958,210,000 | 4,209,333,000 | 4,389,086,000 |
| Total loans | 3,213,326,000 | 3,334,277,000 | 3,559,953,000 | 3,638,788,000 |
| Allowance for loan losses | 35,915,000 | 37,243,000 | 38,067,000 | 37,022,000 |
| Securities available for sale | 180,376,000 | 194,467,000 | 201,035,000 | 178,087,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,326,907,000 | 3,409,922,000 | 3,648,225,000 | 3,805,038,000 |
| Interest-bearing deposits | 2,805,624,000 | 2,878,807,000 | 3,146,635,000 | 3,343,595,000 |
| Noninterest-bearing deposits | 521,283,000 | 531,115,000 | 501,590,000 | 461,443,000 |
| Equity capital | 490,962,000 | 502,889,000 | 510,226,000 | 525,127,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 57,315,000 | 119,957,000 | 189,274,000 | 266,201,000 |
| Interest expense | 22,735,000 | 49,493,000 | 81,691,000 | 119,362,000 |
| Net interest income | 34,580,000 | 70,464,000 | 107,583,000 | 146,839,000 |
| Noninterest income | 1,849,000 | 4,343,000 | 5,920,000 | 8,233,000 |
| Noninterest expense | 21,845,000 | 45,266,000 | 72,461,000 | 98,369,000 |
| Provision for loan losses | 1,200,000 | 2,600,000 | 3,448,000 | 3,908,000 |
| Pretax income | 13,481,000 | 27,038,000 | 36,283,000 | 50,865,000 |
| Income tax | 2,644,000 | 5,421,000 | 7,322,000 | 10,154,000 |
| Net income | 10,837,000 | 21,617,000 | 28,961,000 | 40,711,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 473,954,000 | 485,175,000 | 492,918,000 | 505,190,000 |
| Total capital | 509,870,000 | 522,418,000 | 532,757,000 | 544,624,000 |
| Risk-weighted assets | 3,847,379,000 | 4,021,924,000 | 3,950,699,000 | 4,036,470,000 |