Current Bank Board member and former Briggs
& Veselka executive brings more than 30 years of financial
services experience to Third Coast
HOUSTON, July 27,
2023 /PRNewswire/ -- Third Coast Bancshares,
Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third
Coast Bank, today announced the appointment of David Phelps to its Board of Directors,
effective immediately.
Mr. Phelps, who has been a Director on the Third Coast Bank
Board since June 2022, was formerly
the leader of the Business Advisory practice of Briggs &
Veselka. During his tenure, Phelps led the Business Advisory
practice with more than 30 years of experience providing internal
audit, Sarbanes-Oxley Act compliance, accounting support,
efficiency analysis, and policy and procedure development services
to various industries. Phelps retired from Briggs & Veselka at
the end of 2020. During his career, Phelps served as the
Chief Risk Officer and Internal Audit Director for a publicly
traded financial services company. Phelps also spent a decade
as the Director of Risk Management at a public bank.
As a respected industry leader, Mr. Phelps has made significant
contributions to the financial services sector for over 50
financial institutions ranging in size from small community banks
to institutions in excess of several billion. With his extensive
background in financial services and banking, the appointment of
Mr. Phelps to the Board of Directors represents an exciting
opportunity for Third Coast to leverage his exceptional skills,
leadership, and industry experience to drive continued growth and
profitability.
"We are pleased to announce the appointment of David to our
Board of Directors. With over 30 years of experience in the
industry and his prior contributions to our bank board, David has
already played a crucial role in propelling our business forward.
We are excited to see the continued positive impact he will bring
to our team," said Bart Caraway,
Chairman, President, and CEO of Third Coast. Phelps will join
ten other members of the Board of Directors, contributing to their
collective insight and guidance of the Company.
About Third Coast Bank
Third Coast
Bancshares, Inc. (Nasdaq: TCBX) is
a commercially focused, Texas-based bank holding company operating
primarily in the Greater Houston,
Dallas-Fort Worth, and
Austin-San Antonio markets through
its wholly owned subsidiary, Third Coast Bank. Founded in 2008 in
Humble, Texas, Third Coast Bank
conducts banking operations through 16 branches and one loan
production office encompassing the four largest metropolitan areas
in Texas. For more information, please visit
www.tcbssb.com.
Contact:
Ken Dennard / Natalie Hairston
Dennard Lascar Investor
Relations
(713) 529-6600
TCBX@dennardlascar.com
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SOURCE Third Coast Bancshares