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.
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