Third Coast Bancshares, Inc. · NYSE:TCBX
Third Coast Bancshares — Investor Presentation (2025)
23 slides from Third Coast Bancshares's investor presentation, 2025
Slide 1: Third Coast Bancshares, Inc.
© 2025 Third Coast Bancshares, Inc.
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties and are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as
Slide 3: Executive Management: Caraway, McWhorter, Duncan
Bart O. Caraway John McWhorter Audrey Duncan Founder, Chairman, President & CEO Sr. EVP, Chief Financial Officer Sr. EVP, Chief Credit Officer Founded Third Coast in 2008. Serves as Serves as Senior Executive Vice President and Serves as Senior Executive Vice President and Chairman, President, and C
Slide 4: Executive Management: Bobbora, Alexander, Eber, Peacock
Bill Bobbora Vicki Alexander Liz Eber Christopher Peacock EVP, Chief Banking Officer EVP, Chief Risk and Operations Officer EVP, Chief Legal Officer EVP, Chief Retail Officer Serves as EVP Chief Banking Officer since May Serves as EVP Chief Risk and Operations Officer Serves as EVP Chief Legal Offic
Slide 5: Commercially focused bank founded in 2008, headquartered in Humble, Texas
We are a commercially focused bank founded in 2008, with headquarters in Humble, Texas. Third Coast currently has 19 branches located throughout Austin, Beaumont-Port Arthur, Dallas-Fort Worth, Greater Houston, and San Antonio markets. Third Coast HQ Branch (1) Third Coast Branches (18) As of As of
Slide 6: Austin MSA projected to be the fastest growing large MSA
Austin MSA is projected to be The Golden Triangle, a core Dallas MSA is the largest in Houston MSA is projected to The population in the San the fastest growing large MSA in market for Third Coast. Investment Texas and the fourth largest in grow approximately 7.6% over Antonio MSA is projected to th
Slide 7: Lines of business: Commercial Banking, SBA, TCCC, Builder Finance
COMMERCIAL BANKING SBA TCCC BUILDER FINANCE Commercial lines of business Member of the SBA Preferred Third Coast Commercial Capital Expert bankers in the residential include Community Banking, the Lenders Program, enabling was formed to provide working real estate market, began in foundation on whic
Slide 8: Total Loans, Total Assets and Total Deposits
TOTAL LOANS TOTAL ASSETS $3,966 $3,988 $4,942 $4,897 $3,639 $4,396 $3,108 $3,773 $2,069 $2,499 Dec-21 Dec-22 Dec-23 Dec-24 Mar-25 Dec-21 Dec-22 Dec-23 Dec-24 Mar-25 TOTAL DEPOSITS $4,310 $4,249 $3,803 $3,236 $2,141 Dec-21 Dec-22 Dec-23 Dec-24 Mar-25 $ in Millions
Slide 9: Quarterly Net Income, Diluted EPS and Tangible Book Value
NET INCOME - QUARTERLY DILUTED E.P.S. - QUARTERLY $13,733 $13,589 $0.79 $0.78 $12,775 $0.74 $10,796 $10,367 $0.63 $0.61 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 $ in Thousands TANGIBLE BOOK VALUE (1) $28.56 $27.29 $24.02 $21.90 $20.87 Dec-21 Dec-22 Dec-23 Dec-24 Mar-25 (
Slide 10: Net Interest Margin, Efficiency Ratio and Expense Ratio
NET INTEREST MARGIN – QUARTERLY (1) EFFICIENCY RATIO - QUARTERLY 3.80% 3.73% 64.1% 3.71% 61.4% 61.2% 59.6% 58.8% 3.60% 3.62% Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 NONINTEREST EXP. TO AVG. EARNING ASSETS – QTRLY (1) 2.50% 2.45% 2.39% 2.36% 2.32% Mar-24 Jun-24 Sep-24 De
Slide 11: Pre-Tax Pre-Provision ROAA, ROAA and ROACE
PRE-TAX, PRE-PROVISION ROAA – QUARTERLY (1) RETURN ON AVERAGE ASSETS – QUARTERLY (1) 1.17% 1.14% 1.13% 1.54% 1.58% 1.53% 1.45% 1.32% 0.95% 0.97% Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 RETURN ON AVERAGE COMMON EQUITY – QUARTERLY (1) (2) 12.66% 12.41% 12.12% 10.44% 10.53
Slide 12: Capital Ratios
TANGIBLE COMMON EQUITY TO TANGIBLE ASSETS (1) (2) TOTAL COMMON EQUITY TO TOTAL ASSETS (2) 9.34% 9.37% 9.45% 8.97% 8.45% 8.72% 8.31% 8.24% 8.09% 7.98% 7.85% 7.93% 7.63% 7.29% 7.67% Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 TOTAL RISK BASED CAPITAL RATIO - BANK 13.63% 13.49
Slide 13: A solid foundation of deposits
A solid foundation of deposits. $579 $650 $28 $476 $25 $25 $216 $36 $3,101 $278 $3,125 $33 $2,843 $2,498 $1,299 $531 $486 $459 $602 $449 Dec-21 (Cost of Dec-22 (Cost of Dec-23 (Cost of Dec-24 (Cost of Mar-25 (Cost of Deposits 0.47%) Deposits 1.14%) Deposits 3.53%) Deposits 4.08%) Deposits 3.60%) Non
Slide 14: A well-balanced loan portfolio
A well-balanced loan portfolio. $4.0 B in Loans | As of 12.31.2024 $4.0 B in Loans | As of 03.31.2025 Yield 7.80% | NIM 3.67% Yield 7.45% | NIM 3.80% 38% 40% 4% 4% Commercial & Industrial Own. Occ. CRE Non-Own. Occ. CRE 21% 22% Residential RE C&D 11% Other 11% 9% 8% 16% 16%
Slide 15: Asset Quality: NPL, NPA, ACL and NCOs
NPA TO TOTAL ASSETS NPL TO TOTAL LOANS 0.70% 0.65% 0.62% 0.55% 0.58% 0.56% 0.58% 0.53% 0.47% 0.47% Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 ACL TO TOTAL LOANS (1) NCOs to AVERAGE LOANS – QUARTERLY (1) 1.02% 1.02% 1.02% 1.02% 1.01% 0.20% 0.08% 0.09% 0.04% -0.01% Mar-24 Ju
Slide 16: Underwriting and comprehensive monitoring process
Third Coast has a robust commitment to sound underwriting and comprehensive monitoring. Below is an overview of the comprehensive monitoring process. • Sets ticklers for financial reporting and • Trend cards are kept on every borrower • Trend cards are kept on every borrower and include: covenant tr
Slide 17: Compliance program and change management
Third Coast has a robust commitment to building a best-in-class compliance program. We are looking across all business processes, functions, assets, and outsourced entities to understand the full scope of risk. And we use that comprehensive view to foster risk awareness throughout our organization a
Slide 18: Growth Strategies and Value Objectives
MARKET EXPANSION PRODUCTS & SERVICES GROWTH STRATEGIES VALUE OBJECTIVES • Evaluate opportunities within our • Enhancement of supplemental, • Emphasize core deposit growth • Generate shareholder value. existing metropolitan markets, specialty, and commercial through banker incentives and Greater Hous
Slide 19: Experienced team, markets, relationship-driven, diversified products
EXPERIENCED TEAM MARKETS OF OPERATION RELATIONSHIP-DRIVEN DIVERSIFIED PRODUCTS Highly experienced management With locations encompassing the four A high-touch relationship-driven We offer a well-diversified selection of team with over 100 years of combined largest metropolitan areas in Texas in appr
Slide 20: Board of Directors
AGE AS OF TCBX DIRECTOR NAME SUMMARY BIO 03/31/2025 SINCE Serves as Founder, Chairman, President and CEO of the Company. A certified CPA since 1996, and a licensed attorney since 1999. Prior Bart O. Caraway 54 2013 experience includes executive roles at several community banks, financial and consult
Slide 21: Non-GAAP reconciliation: annual
For the Year Ended December 31, (Dollars in thousands, except share and per share data) 2021 2022 2023 2024 Tangible Common Equity Total shareholders' equity $ 299,007 $ 381,780 $ 411,974 $ 460,719 Less: Preferred stock including additional paid in capital - 66,225 66,225 66,160 Total common equity
Slide 22: Non-GAAP reconciliation: quarterly
As of and for the Three Months Ended 2022 2023 2024 2025 (Dollars in thousands, except share and per share data) December 31 March 31 June 30 September 30 December 31 March 31 June 30 September 30 December 31 March 31 Tangible Common Equity Total shareholders' equity $ 381,780 $ 387,044 $ 395,945 $
Slide 23: Third Coast Bancshares, Inc.
© 2025 Third Coast Bancshares, Inc.
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