Business
Third Coast Bancshares, Inc. Wins SCI Transaction of the Year
Third Coast Bancshares, Inc. (the "Company") (NYSE and NYSE Texas: TCBX) announced today that it has been recognized as the 2025 North American Transaction of the Year by Structured Credit Investor (SCI), following SCI's Capital Relief Trades Awards ceremony on October 15 in London. This award honors Third Coast's groundbreaking commercial real estate loan securitization, executed in partnership with EJF Capital, LLC, representing a first-of-its-kind transaction for a bank of Third Coast's size.
About this update from Third Coast Bancshares, Inc.
[{"type":"text","content":"Award honors Third Coast's innovative synthetic risk transfer deal executed in partnership with EJF Capital ","length":111,"tagName":"p","attribs":{}},{"type":"text","content":"HOUSTON, Oct. 17, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (the "Company") (NYSE and NYSE Texas: TCBX) announced today that it has been recognized as the 2025 North American Transaction of the Year by Structured Credit Investor (SCI), following SCI's Capital Relief Trades Awards ceremony on October 15 in London. This award honors Third Coast's groundbreaking commercial real estate loan securitization, executed in partnership with EJF Capital, LLC, representing a first-of-its-kind transaction for a bank of Third Coast's size.","length":566,"tagName":"p"},{"type":"text","content":""We're incredibly proud of our team's creativity and the collaboration with our partners at EJF Capital — this is our Bannister moment," said Bart Caraway, Founder, Chairman, President, and Chief Executive Officer of Third Coast, referencing the Oxford runner Roger Bannister, who became the first to run a four-minute mile. "Just as Bannister broke a barrier once thought impossible, our team has proven that innovation in capital markets is achievable for community and regional banks. By using real estate development loans as collateral, we have opened new doors. This is more than an achievement for Third Coast, it's a milestone for the entire sector, illustrating the resilience and innovation driving the next generation of community banking."","length":783,"tagName":"p"},{"type":"text","content":"In April 2025, Third Coast, in partnership with EJF Capital, LLC, completed a landmark $100 million synthetic risk transfer (SRT) transaction — the first of its kind executed by a U.S. bank with $5 billion in assets. Previously, only much larger institutions had undertaken similar deals. This innovative securitization reduced Third Coast's commercial real estate concentration risk, improved capital ratios, and generated meaningful non-interest income, setting a new standard for how regional and community banks can use advanced credit risk transfer tools to enhance balance-sheet strength and growth potential.","length":624,"tagName":"p"},{"type":"text","content":"Third Coast continues to expand its balance-shee...