Third Coast Bancshares, Inc. (TCBX) Balance Sheet
TCBX balance sheet, 2025
December 31, 2025 · U.S. dollars$5.34B assets = $4.81B liabilities + $531.0M equity
Both columns are drawn to the same scale: what TCBX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
TCBX financial health
Descriptive bands, not a rating. Fiscal 2025.
TCBX balance sheet trends, 2019–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $928.3M2019 | $5.34B2025 | +33.9%/yr | |
| Total liabilities | $871.0M2019 | $4.81B2025 | +32.9%/yr | |
| Shareholders’ equity | $57.3M2019 | $531.0M2025 | +44.9%/yr | |
| Cash & short-term investments | $96.4M2019 | $399.4M2025 | +26.7%/yr | |
| Total debt | $30.4M2019 | $137.0M2025 | +28.5%/yr | |
| Net cash (debt) | $66.0M2019 | $262.4M2025 | +$196.4M | |
| Working capital | −$709.4M2019 | −$4.24B2025 | −$3.5B | |
| Book value per share | $8.052019 | $32.432025 | +26.2%/yr | |
| Debt / equity | 0.532019 | 0.262025 | −0.27 | |
| Shares outstanding | 7.1M2019 | 16.4M2025 | +14.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TCBX assets
TCBX liabilities and equity
TCBX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
TCBX balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $399.4M | $755.5M | $475.0M | $505.9M | $353.3M | $227.0M | $96.4M |
| Cash & equivalents | $175.5M | $371.5M | $296.9M | $329.9M | $326.9M | $201.4M | $95.8M |
| Short-term investments | $223.9M | $384.0M | $178.1M | $176.1M | $26.4M | $25.6M | $536,326 |
| Receivables | $29.2M | $25.8M | $23.1M | $18.3M | $10.2M | $13.7M | $3.3M |
| Inventory | $0 | $0 | $273.8M | −$350.4M | −$339.1M | −$220.7M | −$101.2M |
| Other current assets | $0 | $0 | $0 | $350.4M | $339.1M | $220.7M | $101.2M |
| Total current assets | $428.6M | $781.4M | $498.1M | $524.3M | $363.5M | $240.7M | $99.6M |
| Property, plant & equipment (net) | $41.9M | $46.1M | $50.0M | $46.5M | $19.0M | $15.2M | $7.7M |
| Goodwill & intangible assets | $18.7M | $37.7M | $19.0M | $19.2M | $19.3M | $19.5M | $0 |
| Long-term investments | $575.2M | $384.0M | $178.1M | $3.27B | $2.08B | $25.6M | $536,326 |
| Other non-current assets | $4.28B | $3.69B | $3.65B | $0 | $14.1M | $1.57B | $820.5M |
| Total assets | $5.34B | $4.94B | $4.40B | $3.77B | $2.50B | $1.87B | $928.3M |
| Liabilities | |||||||
| Accounts payable | $6.0M | $6.3M | $4.8M | $2.5M | $437,000 | $1.2M | $1.7M |
| Short-term debt | $37.9M | $30.9M | $38.9M | $30.9M | $1.0M | $40.9M | — |
| Deferred revenue | — | — | −$4.8M | — | — | −$39.7M | — |
| Total current liabilities | $4.67B | $4.35B | $3.85B | $3.27B | $2.14B | $1.64B | $809.0M |
| Long-term debt | $81.0M | $80.8M | $80.6M | $80.3M | $0 | $33.9M | $30.4M |
| Lease obligations | $18.1M | $20.9M | $22.3M | $18.2M | — | — | — |
| Other long-term liabilities | $58.0M | $53.3M | $56.7M | $41.5M | $57.8M | $76.7M | $31.7M |
| Total liabilities | $4.81B | $4.48B | $3.98B | $3.39B | $2.20B | $1.75B | $871.0M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $14.0M | $13.8M | $13.7M | $13.6M | $13.5M | $6.3M | $3.9M |
| Retained earnings (deficit) | $183.2M | $121.7M | $78.8M | $53.3M | $36.0M | $24.6M | $12.5M |
| Treasury stock | — | — | — | −$1.1M | −$1.1M | — | — |
| Accumulated other comprehensive income | $10.9M | $4.5M | $933,000 | −$2.1M | $1.4M | $280,000 | $490 |
| Total shareholders' equity | $531.0M | $460.7M | $412.0M | $381.8M | $299.0M | $121.7M | $57.3M |
| Key figures | |||||||
| Total debt | $137.0M | $132.5M | $141.7M | $129.4M | $1.0M | $33.9M | $30.4M |
| Net cash (debt) | $262.4M | $623.0M | $333.3M | $376.5M | $352.3M | $193.1M | $66.0M |
| Working capital | −$4.24B | −$3.57B | −$3.35B | −$2.75B | −$1.78B | −$1.39B | −$709.4M |
| Tangible book value | $512.3M | $423.0M | $393.0M | $362.6M | $279.7M | $102.2M | $57.3M |
| Book value per share | $32.43 | $26.89 | $24.41 | $27.76 | $36.74 | $19.19 | $8.05 |
| Shares outstanding | 16.4M | 17.1M | 16.9M | 13.8M | 8.1M | 6.3M | 7.1M |
| Current ratio | 0.09 | 0.18 | 0.13 | 0.16 | 0.17 | 0.15 | 0.12 |
| Quick ratio | 0.09 | 0.18 | 0.13 | 0.16 | 0.17 | 0.15 | 0.12 |
| Debt / equity | 0.26 | 0.29 | 0.34 | 0.34 | 0.00 | 0.28 | 0.53 |
| Equity / assets | 9.9% | 9.3% | 9.4% | 10.1% | 12.0% | 6.5% | 6.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.01B | $734.7M | $399.4M | $500.0M | $331.3M | $472.1M | $755.5M | $550.6M | $528.3M | $614.1M | $475.0M | $343.2M |
| Cash & equivalents | $404.2M | $425.4M | $175.5M | $116.6M | $113.4M | $219.3M | $371.5M | $258.2M | $242.2M | $367.8M | $296.9M | $142.1M |
| Short-term investments | $603.5M | $309.3M | $223.9M | $383.3M | $217.9M | $252.7M | $384.0M | $292.1M | $286.2M | $246.3M | $178.1M | $201.0M |
| Receivables | $30.3M | $31.4M | $29.2M | $29.5M | $27.7M | $26.8M | $25.8M | $26.1M | $27.5M | $25.8M | $23.1M | $22.8M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$576.4M | −$555.5M | −$639.9M | −$498.1M | −$332.2M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $576.4M | $555.5M | $639.9M | $498.1M | $332.2M |
| Total current assets | $1.04B | $766.1M | $428.6M | $529.5M | $359.1M | $498.8M | $781.4M | $576.8M | $555.8M | $639.9M | $498.1M | $366.0M |
| Property, plant & equipment (net) | $57.1M | $58.2M | $41.9M | $42.4M | $43.7M | $45.0M | $46.1M | $47.1M | $48.6M | $47.6M | $50.0M | $50.2M |
| Goodwill & intangible assets | $54.2M | $54.9M | $18.7M | $18.7M | $18.8M | $18.8M | $37.7M | $18.9M | $37.8M | $19.0M | $19.0M | $19.0M |
| Long-term investments | $597.2M | $649.6M | $575.2M | $608.9M | $580.6M | $413.4M | $384.0M | $292.1M | $286.2M | $246.3M | $178.1M | $201.0M |
| Other non-current assets | $4.99B | $5.05B | $4.28B | $3.86B | $3.94B | $3.92B | $3.69B | $3.69B | $3.55B | $3.71B | $3.65B | $3.58B |
| Total assets | $6.74B | $6.58B | $5.34B | $5.06B | $4.94B | $4.90B | $4.94B | $4.63B | $4.47B | $4.66B | $4.40B | $4.22B |
| Liabilities | ||||||||||||
| Accounts payable | $5.9M | $7.2M | $6.0M | $7.2M | $6.7M | $7.0M | $6.3M | $7.3M | $5.7M | $3.9M | $4.8M | $4.3M |
| Short-term debt | $60.4M | $57.9M | $37.9M | $32.9M | $30.9M | $30.9M | $30.9M | $31.9M | $36.9M | $43.9M | $38.9M | $35.9M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$5.7M | −$3.9M | −$4.8M | — |
| Total current liabilities | $5.92B | $5.78B | $4.67B | $4.41B | $4.32B | $4.29B | $4.35B | $4.03B | $3.90B | $4.10B | $3.85B | $3.69B |
| Long-term debt | $81.1M | $81.0M | $81.0M | $80.9M | $80.9M | $80.8M | $80.8M | $80.7M | $80.7M | $80.6M | $80.6M | $80.5M |
| Lease obligations | $18.0M | $18.7M | $18.1M | $18.7M | $19.8M | $20.4M | $20.9M | $21.4M | $21.9M | $21.6M | $22.3M | $22.0M |
| Other long-term liabilities | $43.9M | $70.4M | $58.0M | $54.3M | $48.4M | $49.9M | $53.3M | $62.9M | $60.3M | $57.7M | $56.7M | $47.9M |
| Total liabilities | $6.06B | $5.93B | $4.81B | $4.55B | $4.45B | $4.42B | $4.48B | $4.18B | $4.04B | $4.24B | $3.98B | $3.82B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $16.7M | $16.6M | $14.0M | $14.0M | $13.9M | $13.9M | $13.8M | $13.7M | $13.7M | $13.7M | $13.7M | $13.7M |
| Retained earnings (deficit) | $219.2M | $198.4M | $183.2M | $166.5M | $149.7M | $134.1M | $121.7M | $109.2M | $97.6M | $88.0M | $78.8M | $70.3M |
| Accumulated other comprehensive income | $5.9M | $7.7M | $10.9M | $10.9M | $10.6M | $10.3M | $4.5M | $7.8M | $4.2M | $2.9M | $933,000 | −$1.7M |
| Total shareholders' equity | $670.8M | $650.5M | $531.0M | $513.8M | $496.1M | $479.8M | $460.7M | $450.5M | $435.0M | $423.6M | $412.0M | $400.3M |
| Key figures | ||||||||||||
| Total debt | $141.4M | $157.6M | $137.0M | $132.5M | $131.6M | $132.1M | $132.5M | $134.0M | $139.4M | $146.1M | $141.7M | $138.3M |
| Net cash (debt) | $866.2M | $577.1M | $262.4M | $367.5M | $199.8M | $340.0M | $623.0M | $416.7M | $388.9M | $468.0M | $333.3M | $204.8M |
| Working capital | −$4.88B | −$5.01B | −$4.24B | −$3.88B | −$3.96B | −$3.79B | −$3.57B | −$3.46B | −$3.34B | −$3.46B | −$3.35B | −$3.32B |
| Tangible book value | $616.6M | $595.6M | $512.3M | $495.1M | $477.4M | $461.0M | $423.0M | $431.7M | $397.2M | $404.7M | $393.0M | $381.3M |
| Book value per share | $40.97 | $39.73 | $32.43 | $29.31 | $28.45 | $27.51 | $26.49 | $26.22 | $25.56 | $25.01 | $24.39 | $28.86 |
| Shares outstanding | 16.4M | 16.4M | 16.4M | 17.5M | 17.4M | 17.4M | 17.4M | 17.2M | 17.0M | 16.9M | 16.9M | 13.9M |
| Current ratio | 0.18 | 0.13 | 0.09 | 0.12 | 0.08 | 0.12 | 0.18 | 0.14 | 0.14 | 0.16 | 0.13 | 0.10 |
| Quick ratio | 0.18 | 0.13 | 0.09 | 0.12 | 0.08 | 0.12 | 0.18 | 0.14 | 0.14 | 0.16 | 0.13 | 0.10 |
| Debt / equity | 0.21 | 0.24 | 0.26 | 0.26 | 0.27 | 0.28 | 0.29 | 0.30 | 0.32 | 0.34 | 0.34 | 0.35 |
| Equity / assets | 10.0% | 9.9% | 9.9% | 10.2% | 10.0% | 9.8% | 9.3% | 9.7% | 9.7% | 9.1% | 9.4% | 9.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 4, 2026); data from EODHD.
TCBX financial position
At the end of fiscal 2025 (December 31, 2025), Third Coast Bancshares had total assets of $5.3 billion (up 8.1% from a year earlier), total liabilities of $4.8 billion and shareholders' equity of $531.0 million. It held $399.4 million in cash and short-term investments against $137.0 million of debt, a net cash position of $262.4 million. Its current ratio was 0.09. In the latest quarter (ended June 30, 2026) total assets were $6.7 billion and equity $670.8 million.
Related: TCBX income statement, TCBX cash flow statement, TCBX key metrics. See the TCBX stock overview for the latest quote and news.
TCBX balance sheet FAQ
What are Third Coast Bancshares's total assets?
Third Coast Bancshares reported total assets of $5.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $4.9 billion a year earlier.
How much debt does Third Coast Bancshares have?
Third Coast Bancshares had $137.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.26.
How much cash does Third Coast Bancshares have?
Third Coast Bancshares held $399.4 million in cash and short-term investments at the end of fiscal 2025; with $137.0 million of debt that is net cash of $262.4 million.
What is Third Coast Bancshares's book value?
Third Coast Bancshares's shareholders' equity (book value) was $531.0 million at the end of fiscal 2025, or $32.43 per share.
What is Third Coast Bancshares's current ratio?
Third Coast Bancshares had current assets of $428.6 million and current liabilities of $4.7 billion, a current ratio of 0.09 (current liabilities exceed current assets).
How much goodwill does Third Coast Bancshares have?
Third Coast Bancshares carried $18.7 million of goodwill and intangible assets, 0.3% of total assets, at the end of fiscal 2025.