Third Coast Celebrates Its 1000th Anniversary as a Nasdaq Listed Company by Ringing the Nasdaq Closing Bell By Investing.com

A successful completed IPO is open November 12, 2021

Community bank offices extended from 11 in 2021 to 18 today

HOUSTON, August 6, 2024 /PRNewswire/ — Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the “Company,” “On the Third Coast,” “we,” “us,” or “our”), the bank holding company Third Coast Bank working primarily on Greater Houston, Dallas-Fort Worthagain Austin–San Antonio markets, today announced that the Chairman and Chief Executive Officer, Bart Carawayand other members of the Third Coast management team will ring the closing bell at the Nasdaq MarketSite e. Times Square, New York to Tuesday, August 6, 2024.

“Today we are celebrating another milestone in our Company,” he said Mr. Caraway. “This closing ceremony marks an important moment for the Third Coast team as we reach our 1000th anniversary.^th day as a Nasdaq-listed company, playing an important role in increasing our Company's exposure to the investment community. Since our IPO November 12, 2021we have almost doubled in size since $2.5 billion to $4.5 billion in assets, our total loans have grown from $2.1 billion of December 31, 2021 to $3.8 billion of June 30, 2024and the amount deposited has increased from $2.1 billion to $3.9 billion at that time.

“I want to thank the shareholders, employees, board of directors and communities for their commitment and dedication to Third Coast Bank. We are confident that our continued success will accelerate our growth and profitability, bringing long-term benefits to all of our stakeholders,” concluded Caraway.

About Company Third Coast Bancshares, Inc.

Company Third Coast Bancshares, Inc. focused on commerce, Texas-A banking company operating primarily in Greater Houston, Dallas-Fort Worthagain Austin–San Antonio markets through a wholly owned subsidiary, Third Coast Bank. It was established in 2008 Humble, Texas, Third Coast Bank conducts banking activities through 18 branches covering four major metropolitan areas Texas. Please visit for more information.

Forward-looking statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties and are made in accordance with the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. . These forward-looking statements reflect our current views regarding, among other things, future events and our financial performance. These statements are usually, but not always, made by using words or phrases such as “may,” “should,” “may,” “predict,” “likely,” “believe,” “look forward,” “will.” likely outcome,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “opinion,” “can” and “opinion,” or version negative of those words or other similar words or phrases of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates and assumptions about our industry, management's beliefs and certain assumptions made by management, many of which, in their nature , which are inherently uncertain and beyond our control. Therefore, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although we believe that the expectations expressed in these forward-looking statements are reasonable as of the date made, actual results may differ materially from the results expressed or implied by the forward-looking statements. There are or will be important factors that could cause our actual results to differ materially from those reflected in these forward-looking statements, including, but not limited to, the following: interest rate risk and interest rate volatility; market conditions and economic trends generally and in the banking industry; our ability to maintain significant deposit relationships; our ability to increase or maintain our deposits; our ability to execute our expansion strategy; our ability to pay dividends on our Series A Preferred Stock; credit risk related to our business; and changes in key management personnel. For a discussion of additional factors that could cause our actual results to differ materially from those described in the forward-looking statements, please see the risk factors discussed in our Annual Report on Form 10-K for the year ended. December 31, 2023 filled with US Securities and Exchange Commission (the “SEC“), and our other fillings with SEC.

The foregoing should not be considered exhaustive and should be read in conjunction with other cautionary statements included in this press release. If one or more events related to these or other risks or uncertainties occur, or if our underlying assumptions prove incorrect, actual results may differ materially from our expectations. Therefore, you should not place undue reliance on any forward-looking statements. Any forward-looking statement speaks only as of the date it is made, and we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. New things appear from time to time, and it is impossible for us to predict which ones will appear. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, could cause actual results to differ materially from those contained in any forward-looking statements.

Contact person:
Ken Dennard / Natalie HairstonDennard Lascar Investor relations
(713) 529-6600
TCBX@dennardlascar.com