Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 74

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 74
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 $0.14 for the same period in 2024. ROE was 9.02% and ROA was 0.97% for the nine months ended September 30, 2025, compared to (0.30)% and 0.03%, respectively, for the same period in 2024. The increase in net income for the nine months ended September 30, 2025 compared to the same period in 2024 resulted primarily from increases in net interest income and non-interest income.

Details of the changes in the various components of net income are discussed below.

24

Taxable Equivalent Net Interest Income Analysis - Quarterly(1)

Three Months Ended September 30, 2025Three Months Ended September 30, 2024(dollars in thousands)AverageBalanceIncome/ExpenseYield/RateAverageBalanceIncome/ExpenseYield/RateAssetsInvestment securities(2)$4,635,066 $49,401 4.14 %$4,314,834 $38,389 3.34 %Interest bearing cash and cash equivalents2,920,102 32,202 4.38 %3,958,843 52,737 5.30 %Loans held for sale— — — %23,793 565 9.44 %Loans held for investment, mortgage finance5,472,467 59,604 4.32 %5,152,317 54,371 4.20 %Loans held for investment(3)18,253,451 319,921 6.95 %16,792,446 306,541 7.26 %Less: Allowance for credit losses on loans277,385 — — 266,915 — — Loans held for investment, net23,448,533 379,525 6.42 %21,677,848 360,912 6.62 %Total earning assets31,003,701 461,128 5.88 %29,975,318 452,603 5.96 %Cash and other assets1,159,008 1,239,855 Total assets$32,162,709 $31,215,173 Liabilities and Stockholders’ EquityTransaction deposits$2,251,217 $13,987 2.46 %$1,988,