Third Coast Bancshares IncNASDAQ TCBX Stock Report

Third Coast Bancshares, Inc. engages in operation of a bank holding company. The company is headquartered in Humble, Texas and currently employs 368 full-time employees. The company went IPO on 2021-11-09. The Company, through its subsidiary, Third Coast Bank (the Bank) and the Bank's wholly owned subsidiary, Third Coast Commercial Capital, Inc. (TCCC) provides general consumer and commercial banking services to small and medium-sized businesses and professionals. The Bank conducts banking operations through 12 branches and one loan production office in in the the North, Central and Southeast regions of Texas. The branch locations include Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets, and one branch in Detroit, Texas. The Bank is engaged in traditional community banking activities that include commercial and retail lending, deposit gathering, and investment and liquidity management activities. Its deposit products are demand deposits, money market accounts and certificates of deposit. Its lending products are commercial business and real estate and others. TCCC provides accounts receivable factoring activities.