AcquisitionOct 22, 2025Completed
๐Ÿ‡บ๐Ÿ‡ธ United States

Keystone Bancshares, Inc.Third Coast Bancshares, Inc.

Financial Institutions โ€บ Banks

Deal valueUndisclosed
AnnouncedOct 22, 2025
ConsiderationUndisclosed
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo

Overview

Third Coast Bancshares agreed on October 22, 2025 to acquire Keystone Bancshares, parent of Keystone Bank, SSB, through a merger with its subsidiary Arch Merger Sub, Inc.

Deal rationale

The document does not state a strategic rationale; it only supplements the fairness opinion disclosures, which showed the merger as accretive to Third Coast's estimated 2027 and 2028 EPS.

AI-generated from the SEC filing
CompletedFinancial Institutions โ€บ BanksUnited StatesNorth America

Timeline

  1. AnnouncedOct 22, 2025

    Imported from prototype record 68, unverified

    Filing
  2. Shareholder vote ยท ApprovedJan 23, 2026

    Acquirer shareholders approved the deal.

    Filing
  3. ClosedFeb 1, 2026

    Closing reported in Form 8-K filed 2026-02-02.

    Filing

Valuation and terms

Equity valueUndisclosed
Enterprise valueUndisclosed
ConsiderationUndisclosed

Advisors

Buy-side
RJRaymond James
Sell-side
None listed

Parties

Target
Keystone Bancshares, Inc.
Headquarters
United States
Ticker
โ€”
Acquirer
Third Coast Bancshares, Inc.
Headquarters
United States
Ticker
โ€”
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