Third Coast Bancshares Financial Health
Financial Health criteria checks 6/6
Third Coast Bancshares has total assets of $4.0B and total equity of $395.9M. Total deposits are $3.4B, and total loans are $3.3B. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $277.4M.
Key information
10x
Asset to equity ratio
3.8%
Net interest margin
| Total deposits | US$3.41b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$277.39m |
Recent financial health updates
No updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TCBX's Assets to Equity ratio (10x) is moderate.
Allowance for Bad Loans: TCBX has a sufficient allowance for bad loans (374%).
Low Risk Liabilities: 96% of TCBX's liabilities are made up of primarily low risk sources of funding.
Loan Level: TCBX has an appropriate level of Loans to Assets ratio (83%).
Low Risk Deposits: TCBX's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: TCBX has an appropriate level of bad loans (0.3%).