Third Coast Bancshares in Humble, Texas, has raised $100.6 million from its initial public offering.
The $2 billion-asset company said in a press release Wednesday that it sold more than 4 million shares, including an overallotment of 525,000 shares, as part of the IPO. The shares were sold at $25 a share.
Stephens, Piper Sandler and Deutsche Bank Securities were the joint book-running managers.