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Third Coast Bank Enters $150 Million Securitization Deal of Commercial Real Estate Loans
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Third Coast Bank Enters $150 Million Securitization Deal of Commercial Real Estate Loans
Jun 4, 2025 7:24 AM

09:56 AM EDT, 06/04/2025 (MT Newswires) -- Third Coast Bancshares ( TCBX ) unit Third Coast Bank said Wednesday that it entered into a $150 million securitization deal of certain commercial real estate loans that it had originated.

EJF Capital arranged the securitization transaction, which is expected to lower the bank's risk-weighted assets as calculated under current risk-based capital rules as well as reduce the ratio of loans for construction, land development and other land to the bank's total capital, Third Coast said.

Price: 31.21, Change: -0.10, Percent Change: -0.32

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