Third Coast Bancshares, Inc.

NasdaqGS:TCBX Stock Report

Mkt Cap: US$238.5m

Third Coast Bancshares Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Bart Caraway

Chief executive officer

US$1.5m

Total compensation

CEO salary percentage35.9%
CEO tenure10.7yrs
CEO ownership0.5%
Management average tenure1.2yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

Third Coast Bancshares announces private placement of $69.4M

Sep 08

Third Coast Bancshares GAAP EPS of $0.16, revenue of $29M

Jul 27

CEO Compensation Analysis

How has Bart Caraway's remuneration changed compared to Third Coast Bancshares's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2023n/an/a

US$29m

Mar 31 2023n/an/a

US$23m

Dec 31 2022US$2mUS$548k

US$17m

Sep 30 2022n/an/a

US$11m

Jun 30 2022n/an/a

US$7m

Mar 31 2022n/an/a

US$8m

Dec 31 2021US$2mUS$521k

US$11m

Sep 30 2021n/an/a

US$14m

Jun 30 2021n/an/a

US$15m

Mar 31 2021n/an/a

US$14m

Dec 31 2020US$1mUS$470k

US$12m

Compensation vs Market: Bart's total compensation ($USD1.53M) is about average for companies of similar size in the US market ($USD1.65M).

Compensation vs Earnings: Bart's compensation has been consistent with company performance over the past year.


CEO

Bart Caraway (52 yo)

10.7yrs

Tenure

US$1,527,804

Compensation

Mr. Bart O. Caraway is Chairman, President & CEO of Third Coast Bank, SSB and Director since 2008. He is Chairman, President & CEO of Third Coast Bancshares, Inc and serves as Director since 2013. He is al...


Leadership Team

NamePositionTenureCompensationOwnership
Bart Caraway
Chairmanno dataUS$1.53m0.48%
$ 1.2m
R. McWhorter
Chief Financial Officer8.4yrsUS$784.14k1.87%
$ 4.5m
Audrey Duncan
Senior EVP & Chief Credit Officer8.3yrsUS$651.96k0.093%
$ 222.0k
Michael Deckert
Executive VP & COOless than a yearno data0.054%
$ 128.9k
Vicki Alexander
Executive VP & Chief Risk and Compliance Officerless than a yearno data0.078%
$ 185.1k
William Bobbora
Executive VP & Chief Banking Officer1.2yrsno data0.19%
$ 453.2k
Andrew Novarini
Executive VP & President of Community Banking1.2yrsno datano data
Christopher Peacock
Executive VP & Chief Retail Officerless than a yearno data0.011%
$ 27.4k
Sarah Natho
Treasurerno datano datano data
Jo Dean
Secretaryno datano datano data

1.2yrs

Average Tenure

57yo

Average Age

Experienced Management: TCBX's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Bart Caraway
Chairman10.7yrsUS$1.53m0.48%
$ 1.2m
W. Brunson
Independent Director4.7yrsUS$40.10k0.38%
$ 905.5k
Anthony Scavuzzo
Independent Directorless than a yearUS$1.30kno data
David Phelps
Directorless than a yearno data0.050%
$ 119.7k
Dennis Bonnen
Director3.7yrsUS$364.70k1.12%
$ 2.7m
Martin Basaldua
Independent Director10.7yrsUS$30.13k0.61%
$ 1.5m
Troy Glander
Independent Director10.7yrsUS$27.55k0.20%
$ 472.0k
Joseph Stunja
Independent Director10.7yrsUS$33.92k0.99%
$ 2.4m
Reagan Swinbank
Independent Director3.7yrsUS$29.40k0.45%
$ 1.1m
Shelton McDonald
Independent Director4.7yrsUS$38.15k0.043%
$ 102.8k
Carolyn Bailey
Independent Director3.7yrsUS$41.05k0.062%
$ 148.4k

4.7yrs

Average Tenure

51.5yo

Average Age

Experienced Board: TCBX's board of directors are considered experienced (4.7 years average tenure).