Business Context and Reporting Period
Third Coast Bancshares, Inc. filed this Form 8-K on May 30, 2024, under Item 5.07 to report the results of its 2024 Annual Meeting of Shareholders. The company is headquartered in Humble, Texas, and its common stock trades on Nasdaq under the symbol TCBX.
Meeting Results
- Director elections: Shareholders elected Carolyn Bailey, Dennis Bonnen, Troy A. Glander, and Joseph L. Stunja as Class B directors. Each director will serve until the 2027 annual meeting and until a successor is elected and qualified, or until earlier resignation or removal.
- Auditor ratification: Shareholders ratified the appointment of Whitley Penn LLP as the company’s independent registered public accounting firm for the year ending December 31, 2024.
| Proposal | For | Against | Abstain | Broker Non-Vote |
|---|---|---|---|---|
| Carolyn Bailey election | 7,096,367 | 1,303,054 | 30,417 | 1,360,206 |
| Dennis Bonnen election | 6,875,995 | 1,395,132 | 158,711 | 1,360,206 |
| Troy A. Glander election | 4,847,676 | 3,544,263 | 37,899 | 1,360,206 |
| Joseph L. Stunja election | 6,711,723 | 1,683,697 | 34,418 | 1,360,206 |
| Whitley Penn LLP ratification | 8,413,265 | 1,347,343 | 29,437 | — |
Financial Metrics and Material Changes
This filing does not provide revenue, profit, cash flow, margins, debt, liquidity, asset quality, capital ratios, or other operating or financial metrics. It does not report a material financial change versus a prior comparable period.
Guidance, Outlook, Risks, and Unusual Items
The filing contains no financial guidance, management outlook, new risk disclosures, contingencies, or unusual financial items. It identifies Whitley Penn LLP as the ratified independent registered public accounting firm for 2024.
Key Facts to Verify
- Confirm the elected directors’ continued service and committee assignments in subsequent filings.
- Review later filings for any changes involving Whitley Penn LLP or the 2024 audit.
- Consult the company’s periodic reports for financial performance, liquidity, capital, credit quality, and management outlook, which are not addressed in this Form 8-K.