THIRD COAST BANCSHARES, INC.
We are a commercially focused, Texas-based bank holding company operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through our wholly owned subsidiary, Third Coast Bank, SSB, or the Bank, a Texas state savings bank, and the Bank’s wholly owned subsidiary, Third Coast Commercial Capital, Inc., or TCCC, a Texas corporation and commercial finance company. Since the Bank’s founding in 2008, we have been able to successfully execute our organically focused strategic plan by attracting talented professionals and providing superior banking services through our relationship managers. We currently operate 12 branch locations, with seven branches in the Greater Houston market, two branches in the Dallas-Fort Worth market, two branches in the Austin-San Antonio market, and one branch in Detroit, Texas. As of June 30, 2021, we had, on a consolidated basis, total assets of $2.01 billion, total loans of $1.55 billion, total deposits of $1.78 billion and total shareholders’ equity, including ESOP-owned shares, of $137.8 million.
(Note: Third Coast Bancshares upsized its IPO at pricing on Nov. 8, 2021, by pricing 3.5 million shares, up from 3.0 million shares in the prospectus, at $25 – the mid-point of its $24-to-$26 range – to raise $87.5 million.)
|Address||20202 Highway 59 North, Suite 190 Humble, Texas 77338|
|Phone Number||(281) 446-7000|
|View Prospectus:||THIRD COAST BANCSHARES, INC.|
|Revenues||$82.39 mil (last 12 months)|
|Net Income||$15.35 mil (last 12 months)|
|Price range||$25.00 - $25.00|
|Est. $ Volume||$87.5 mil|
|Manager / Joint Managers||Stephens, Inc./ Piper Sandler/ Deutsche Bank Securities|
|Expected To Trade:||11/9/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|