Call reports 2024
THIRD COAST BANK — 2024
What THIRD COAST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 4,650,798,000 | 4,462,753,000 | 4,616,596,000 | 4,936,896,000 |
| Total loans | 3,746,178,000 | 3,758,159,000 | 3,889,831,000 | 3,966,425,000 |
| Allowance for loan losses | 38,140,000 | 38,211,000 | 39,683,000 | 40,304,000 |
| Securities available for sale | 246,291,000 | 286,167,000 | 292,104,000 | 384,025,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,053,528,000 | 3,858,631,000 | 3,995,245,000 | 4,312,669,000 |
| Interest-bearing deposits | 3,626,653,000 | 3,391,093,000 | 3,504,616,000 | 3,708,416,000 |
| Noninterest-bearing deposits | 426,875,000 | 467,538,000 | 490,629,000 | 604,253,000 |
| Equity capital | 539,666,000 | 543,990,000 | 557,549,000 | 568,177,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 78,725,000 | 159,761,000 | 242,283,000 | 327,686,000 |
| Interest expense | 38,698,000 | 79,109,000 | 119,591,000 | 159,981,000 |
| Net interest income | 40,027,000 | 80,652,000 | 122,692,000 | 167,705,000 |
| Noninterest income | 2,323,000 | 5,246,000 | 8,564,000 | 11,482,000 |
| Noninterest expense | 25,601,000 | 50,816,000 | 76,134,000 | 103,021,000 |
| Provision for loan losses | 1,860,000 | 3,760,000 | 5,175,000 | 6,675,000 |
| Pretax income | 15,346,000 | 31,902,000 | 50,377,000 | 70,461,000 |
| Income tax | 3,084,000 | 7,085,000 | 11,036,000 | 15,643,000 |
| Net income | 12,262,000 | 24,817,000 | 39,341,000 | 54,818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 517,833,000 | 520,861,000 | 530,864,000 | 544,826,000 |
| Total capital | 558,084,000 | 561,184,000 | 572,329,000 | 586,569,000 |
| Risk-weighted assets | 4,202,987,000 | 4,161,121,000 | 4,263,919,000 | 4,412,019,000 |