Third Coast Bancshares, Inc. (TCBX) Misses Q1 EPS by 2c

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THIRD COAST BANCSHARES, INC. REPORTS STRONG FIRST QUARTER 2022 FINANCIAL RESULTS

April 28, 2022 4:15 PM EDT

Strong First Quarter Loan & Deposit Growth Exceed Plan

HUMBLE, Texas, April 28, 2022 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company" or "Third Coast"), the bank holding company for Third Coast Bank, SSB, today reported its 2022 first quarter financial results.

First Quarter 2022 Financial and Operational Highlights

Loans held for investment grew $379.2 million to $2.45 billion, or 18.3% over the fourth quarter of 2021 and a 44.6% increase over the first quarter of 2021.Noninterest-bearing demand deposits... More