第三海岸银行控股公司2025年季度报告

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒As of April 30, 2025, the registrant had13,833,289shares ofcommon stock, par value $1.00 per share, outstanding. PART I.FINANCIAL INFORMATION Item 1.Financial Statements (unaudited)Consolidated Balance Sheets Consolidated Statements of Income Consolidated Statements of Comprehensive Income Consolidated Statements of Changes in Shareholders' EquityConsolidated Statements of Cash FlowsNotes to Unaudited Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures PART II.OTHER INFORMATION Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity SecuritiesItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of Section 27A of theSecurities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-lookingstatements reflect our current views with respect to, among other things, future events and our financial performance. Thesestatements are often, but not always, made through the use of words or phrases such as “may,” “should,” “could,” “predict,”“potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,”“projection,” “would” and “outlook,” or the negative version of those words or other comparable words or phrases of a future orforward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimatesand projections about our industry, management’s beliefs and certain assumptions made by management, many of which, by their There are or will be important factors that could cause our actual results to differ materially from those indicated in theseforward-looking statements, including, but not limited to, the following: ii•interest rate risk and fluctuations in interest rates;•market conditions and economic trends generally and in the banking industry;•our ability to maintain important deposit relationships;•our ability to grow or maintain our deposit base;•our ability to implement our expansion strategy;•our geographic concentration in the Greater Houston market, Dallas-Fort Worth market, and Austin-San Antoniomarket;•changes in the economy affecting real estate values and liquidity;•changes in value of the collateral securing our loans;•credit risk associated with our business;•credit risks associated with our real estate and construction lending;•the adequacy of our allowance for credit losses;•the amount of nonperforming and classified assets that we hold;•our borrowers’ ability to repay loans;•the risk of fraud related to our asset-based lending and commercial finance products;•additional debt or future issuances of new debt securities or preferred stock;•our ability to raise additional capital in the future;•changes in key management personnel;•the accuracy of the valuation techniques we use in evaluating collateral;•competition from financial services companies and other companies that offer banking services;•systems failures, fraudulent activity, interruptions or data breaches involving our information technology andcommunications systems of third parties;•natural disasters, pandemics, epidemics and other catastrophes;•changes in the laws, rules, regulations, interpretations or policies relating to financial institution, accounting, tax, trade,monetary and fiscal matters;•the rise of Artificial Intelligence as a commonly used resource in banking; •monetary policies and regulations of the Board of Governors of the Federal Reserve System (the “Federal Reserve”);•the sustainment of an active, liquid market for our common stock; The foregoing factors shoul