Third Coast Bank
Third Coast Bank reported total assets of $6.7 bn at Q2 2026, up 36.2% from a year earlier. That ranks 226th among 497 banks reporting this metric (1 = highest). Its common equity tier 1 ratio was 12.10%, and an estimated 30.98% of domestic deposits were uninsured. Source: FDIC Call Report data, cross-checked against FFIEC filings.
- Return on equity (ROE): up 1.21 pp on Q1 2026, to 11.42%
- Net loans and leases: up 3.5% on Q1 2026, to $5.4 bn
- Bank equity capital: up 3.0% on Q1 2026, to $806.6 mn
Ranks compare banks in our US coverage that report each metric. Sparklines: the last ten years. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Overview
What stands out about Third Coast Bank?
Its largest one-quarter change in total assets since Q1 2016 was +42.1% between Q4 2019 and Q1 2020, when it absorbed Heritage Bank. By efficiency ratio it moved from 358th to 273rd among 500 banks between Q1 2026 and Q2 2026 (1 = lowest).
How large is Third Coast Bank?
At Q2 2026 the bank held $6.7 bn of assets. Deposits were $5.9 bn and net loans and leases $5.4 bn, a loan-to-deposit ratio of 91.91%. Securities of $597.2 mn made up 8.9% of assets.
Total assets rose 1,484.8% between Q1 2016 and Q2 2026, from $424.6 mn.
How much of its funding is uninsured?
An estimated 30.98% of domestic deposits were above the FDIC insurance limit at Q2 2026, -0.04 pp from the previous quarter and +0.80 pp from a year earlier. That share ranks 302nd among 500 banks reporting this metric (1 = highest).
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total assets | $6.7 bn | +36.2% | 226th of 497 |
| Total deposits | $5.9 bn | +36.8% | 212th of 499 |
| Net loans and leases | $5.4 bn | +33.2% | 196th of 500 |
| Bank equity capital | $806.6 mn | +33.6% | 210th of 498 |
| Common equity tier 1 (CET1) ratio | 12.10% | -0.46 pp | 325th of 448 |
| Tier 1 leverage ratio | 11.44% | -0.45 pp | 133rd of 500 |
| Return on equity (ROE) | 11.42% | -0.13 pp | 280th of 500 |
| Net interest margin | 3.99% | -0.07 pp | 141st of 500 |
| Uninsured share of domestic deposits | 30.98% | +0.80 pp | 302nd of 500 |
| Unrealized gain/loss on held-to-maturity securities | Loss of $1.4 mn | Turned from a gain into a loss | |
| Noncurrent loans to total loans | 0.50% | +0.01 pp | 195th of 500 (1 = lowest) |
| Net charge-offs to average loans | -0.01% | -0.14 pp | 30th of 500 (1 = lowest) |
US rank: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.
Balance sheet
Total assets, deposits and net loans, quarterly, Q1 2016 to Q2 2026. Dashed amber lines mark the mergers and acquisitions listed under Mergers and acquisitions.
- Total assets $6.7bn
- Deposits $5.9bn
- Net loans $5.4bn
Capital and securities
The common equity tier 1 (CET1) ratio was 12.10% at Q2 2026, -0.46 pp from a year earlier. Since Q1 2016 it has ranged from 9.79% (Q2 2018) to 13.04% (Q3 2022). At Q2 2026 the tier 1 leverage ratio was 11.44% and the total risk-based capital ratio 12.91%. The median CET1 ratio of the size peers listed below was 14.21% at Q2 2026.
Held-to-maturity securities had an unrealized loss of $1.4 mn at Q2 2026, measured as fair value minus amortized cost, equal to 0.2% of bank equity capital. The loss turned from a gain into a loss from a year earlier. The largest unrealized loss on these securities was $1.4 mn at Q1 2026. Available-for-sale securities showed an unrealized gain of $2.9 mn at Q2 2026; the gain fell by $577,000 from a year earlier.
Capital ratios
- Total capital 13%
- CET1 12%
- Tier 1 leverage 11%
Unrealized gains and losses on securities
- Available for sale $3mn
- Held to maturity -$1mn
Profitability and loan quality
Return on equity was 11.42% for the year to Q2 2026, annualized, with a return on assets of 1.37% and a net interest margin of 3.99%. The margin was -0.07 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 57.37%. Net income for the year to Q2 2026 was $42.5 mn, up 25.5% on the same period a year earlier. The median return on equity of its size peers was 13.73% for the same period.
Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 0.50% of total loans at Q2 2026. Net charge-offs for the year to date were -0.01% of average loans, annualized.
Profitability
- Return on equity 11%
- Net interest margin 4.0%
- Return on assets 1.4%
Compared with banks of similar size
The six banks ranked closest to Third Coast Bank by total assets at Q2 2026, three above and three below where possible.
Among the seven banks in the table at Q2 2026, Third Coast Bank is 4th by total assets. Its CET1 ratio of 12.10% compares with a peer median of 14.21%, its tier 1 leverage ratio of 11.44% compares with a peer median of 10.42%, and its return on equity of 11.42% compares with a peer median of 13.73%.
| Bank | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|
| Hinsdale Bank & Trust Company | $6.8 bn | 10.60% | 14.28% | 36.65% | |
| Intrust Bank | $6.8 bn | 13.66% | 19.88% | 24.48% | |
| City National Bank of West Virginia | $6.8 bn | 15.01% | 19.17% | 16.74% | |
| Third Coast Bank | $6.7 bn | 12.10% | 11.42% | 30.98% | |
| Heartland Bank and Trust Company | $6.7 bn | 14.75% | 11.16% | 23.85% | |
| Alpine Bank | $6.7 bn | 15.21% | 12.34% | 38.46% | |
| Midland States Bank | $6.7 bn | 13.59% | 13.18% | 22.73% | |
Q2 2026. Peer median (the six banks, excluding this one): CET1 14.21%, return on equity 13.73%. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Last eight quarters
Third Coast Bank, as reported in its Call Reports.
From Q3 2024 to Q2 2026, total assets rose 45.7% to $6.7 bn, deposits rose 46.6% to $5.9 bn and bank equity capital rose 44.7% to $806.6 mn. Over the same period its full-time equivalent staff went from 358 to 504 and its offices went from 19 to 23.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.6 bn | $4.9 bn | $4.9 bn | $4.9 bn | $5.1 bn | $5.3 bn | $6.6 bn | $6.7 bn |
| Total deposits | $4.0 bn | $4.3 bn | $4.2 bn | $4.3 bn | $4.4 bn | $4.6 bn | $5.7 bn | $5.9 bn |
| Bank equity capital | $557.5 mn | $568.2 mn | $589.7 mn | $603.8 mn | $624.3 mn | $644.5 mn | $783.4 mn | $806.6 mn |
| Common equity tier 1 (CET1) ratio | 12.45% | 12.35% | 12.69% | 12.56% | 12.59% | 12.23% | 12.23% | 12.10% |
| Return on equity (ROE) | 9.69% | 10.02% | 10.60% | 11.55% | 11.99% | 12.10% | 10.21% | 11.42% |
| Uninsured share of domestic deposits | 29.29% | 31.33% | 29.26% | 30.18% | 27.09% | 28.59% | 31.02% | 30.98% |
| Full-time equivalent employees | 358 | 369 | 383 | 388 | 398 | 412 | 514 | 504 |
| Number of offices | 19 | 19 | 19 | 19 | 19 | 19 | 23 | 23 |
Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Mergers and acquisitions
Figures before and after each event are not like for like.
- . Absorbed Heritage Bank (FDIC certificate 26372).
- . Absorbed Keystone Bank, SSB (FDIC certificate 34456).
Large one-quarter moves
- Total assets changed by +42.1% in the quarter to 2020-03-31: Absorbtion - Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Heritage Bank.
- Total assets changed by +38.8% in the quarter to 2020-06-30, with no FDIC structure event in that quarter.
Source: FDIC BankFind API, institution history. Moves of more than 25% in one quarter are checked against that history in our review.
Identifiers and sources
- FDIC certificate
- 58716
- Federal Reserve RSSD ID
- 3630323
- Head office
- Humble, Texas
- Holding company
- Third Coast Bancshares, Inc.
- Holding company RSSD ID
- 4475473
- Holding company SEC CIK
- 1781730
- EconoMonitor ID
- EMB-US-000336
Frequently asked questions
What were Third Coast Bank's total assets?
$6.7 bn at Q2 2026, according to its Call Report as published by the FDIC. By total assets it ranks 226th among 497 banks reporting this metric (1 = highest).
Is Third Coast Bank the same as its holding company?
No. This page covers the FDIC-insured bank (certificate 58716). Its holding company, Third Coast Bancshares, Inc., reports separately to the Federal Reserve and, if its shares are listed, to the SEC.
How often is this page updated?
Every quarter, after Third Coast Bank files its Call Report and the FDIC publishes it. This page shows Q2 2026, loaded on 19 October 2026; any sentence that uses an earlier quarter names it.
Where can I check these numbers?
In the FDIC BankFind Suite record for certificate 58716, and in the Call Reports filed under RSSD ID 3630323 at the FFIEC Central Data Repository.
Sources and definitions
Definitions, Call Report fields and formulas for each metric: Bank equity capital, Uses community bank leverage ratio framework, Common equity tier 1 (CET1) ratio, Deposits in domestic offices, Efficiency ratio, Full-time equivalent employees, Loan-to-deposit ratio, Total loans and leases (gross), Net loans and leases, Net charge-offs to average loans, Net income (year to date), Net interest margin, Noncurrent loans to total loans, Number of offices, Return on assets (ROA), Return on equity (ROE), Available-for-sale securities (amortized cost), Available-for-sale securities (fair value), Held-to-maturity securities (amortized cost), Held-to-maturity securities (fair value), Total securities, Tier 1 leverage ratio, Total assets, Total deposits, Total equity capital, Total risk-based capital ratio, Uninsured share of domestic deposits, Estimated uninsured deposits, Unrealized gain/loss on available-for-sale securities, Unrealized gain/loss on held-to-maturity securities.
Checks for this release: Check A (database against the FDIC download) passed, Check B (FDIC against FFIEC Call Report filings) passed.
Source: FDIC BankFind Suite (Call Report data). EconoMonitor is not affiliated with or endorsed by the FDIC. FDIC BankFind Suite API.
Source: FFIEC Central Data Repository (Call Reports). EconoMonitor is not affiliated with or endorsed by the FFIEC. FFIEC Central Data Repository, Public Data Distribution.
Data and analysis only, not financial advice. The FDIC and the FFIEC do not endorse EconoMonitor. See the disclaimer and methodology.