Third Coast Bancshares, Inc. 8-K

What Happened
Third Coast Bancshares, Inc. (TCBX) filed an 8-K disclosing that on March 10, 2026 it entered into a Renewal, Extension and Modification of Loan with American National Bank & Trust, amending the March 10, 2021 loan agreement. As of the Effective Date the company had outstanding borrowings of $54,875,000 and had pledged all issued and outstanding capital stock of Third Coast Bank as collateral. The amendment extends the loan maturity from March 10, 2026 to March 10, 2028 and increases the maximum commitment under the loan from $55,000,000 to $70,000,000. The amendment is attached as Exhibit 10.1 to the 8-K filed May 1, 2026.

Key Details

• Effective date: March 10, 2026; 8-K filed May 1, 2026.
• Outstanding borrowings as of March 10, 2026: $54,875,000.
• Maturity extended from March 10, 2026 to March 10, 2028.
• Maximum commitment increased from $55,000,000 to $70,000,000.
• Collateral: all issued and outstanding capital stock of Third Coast Bank pledged to the lender.

Why It Matters
This amendment provides Third Coast Bancshares with a two-year extension to repay its loan and increases available borrowing capacity by $15 million, which can support liquidity and operations. Investors should note the bank’s stock is pledged as collateral, meaning those shares are encumbered under the loan agreement. The filing is a material financing event that affects the company’s secured indebtedness and access to capital.