In 2021, Third Coast Bank's Specialty Finance business witnessed a significant shift with the formation of a key partnership led by Senior Executive Vice President & Chief Credit Officer, Audrey Duncan, and Executive Vice President, Director of Specialty Finance, Melissa Abel. This collaboration broke away from typical bank dynamics, where relationships between Chief Credit Officers and Vertical Executives are often challenging. Instead, their approach was based on mutual respect, direct communication, integrity, dedication, and hard work.

This partnership is characterized by a strong sense of trust and a commitment to overcoming obstacles through joint effort, and the results of this collaboration were immediately evident. In its first full year, the business unit demonstrated exceptional performance, turning profitable in a remarkably short time.

Together, the partnership leverages past lessons to proactively address challenges and collaborate seamlessly with the divisions top tier clients. Their innovative approach involves anticipating future scenarios, analyzing market conditions, and mitigating risks for optimal business unit performance. Recognizing the significance of successful business operations, the partnership prioritizes strategic foresight over reactive measures.

As it nears the end of its second year, the division continues to perform exceptionally, signaling sustained success. This development at Third Coast Bank exemplifies the impact of a focused and cooperative approach in finance, setting a new standard for success in the industry.

Since its inception in 2008, Third Coast Bank has experienced significant growth, recently surpassing $4.22 billion in assets, and earning the title of the 13th largest bank in Houston. Our strategy has been one of conversative loan growth, disciplined expense management, and strengthening shareholder value. We are also committed to providing innovative solutions and exceptional service which has contributed to the company’s growth.

Audrey Duncan, a seasoned financial leader with over 34 years of experience, serves as the Senior Executive Vice President and Chief Credit Officer at Third Coast Bank since June 2015. Audrey's journey in the banking sector began in 1986 when she graduated with a Bachelor of Business Administration in Finance from Texas Tech University. Her dedication and expertise led her to roles of increasing responsibility, starting as a Senior and Commissioned Bank Examiner with the Federal Reserve Bank of Dallas from 1989 to 2000. Prior to joining Third Coast, Audrey was employed with LegacyTexas Bank where she served as Chief Credit Officer and the Director of Credit Risk Management.

In June 2015, Audrey joined Third Coast Bank as the Executive Vice President and Chief Credit Officer, steering the bank through dynamic financial landscapes with strategic acumen. A trailblazer in credit risk management, she sets loan policy and guidelines, monitors portfolio changes, and navigates problem loan workouts with finesse. Audrey's exceptional leadership is evident as Chairperson of the Officers’ Loan Committee and the Special Assets Committee, and as a vital member of the Directors’ Loan Committee and BSA Committee. Her extensive experience, coupled with a dynamic leadership philosophy, has been a driving force behind Third Coast Bank's notable growth.

Audrey's leadership style extends beyond numbers and committees; it's about fostering a culture of trust, respect, and collaboration. Her commitment to the success of her team is reflected in her approach — focusing on the details and organization while setting a high standard of expectations for herself. She role models the behaviors she expects of her team by being transparent, coaching others to be their best, and fostering a culture of trust and mutual respect. In the serious business of finance, Audrey Duncan brings a refreshing blend of professionalism, experience, and just the right touch of humor. Beyond the confines of finance, Audrey trades the boardroom for quality time with her animal kingdom, where scaly companions or furry paws are equally welcome.