Third Coast Bancshares, Inc. (TCBX) Form 8-K — May 1, 2026
Third Coast Bancshares, Inc. entered into a Renewal, Extension and Modification of Loan with American National Bank & Trust, extending the maturity date of its loan facility from March 10, 2026 to March 10, 2028. The amendment increases the maximum commitment under the loan agreement from $55,000,000 to $70,000,000, providing the company with additional liquidity capacity. As of the effective date, the company had outstanding borrowings of $54,875,000 under the agreement.
Key figures
- Debt Amount
- 54875000
- Maturity Date
- March 10, 2028
- Max Commitment
- 70000000
- Collateral Shares
- 100% of issued and outstanding shares of Third Coast Bank, SSB
- Previous Max Commitment
- 55000000
Price after filing
Close on the filing date to close N calendar days later (from $37.80). Historical, not a forecast.
AI analysis
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