Company: TCBI
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0001077428-25-000036
Chunk: 27

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-02-11
Form: 10-K
Item: Item 8
Chunk 27
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Total non-interest income31,046 161,419 349,522 Non-interest expenseSalaries and benefits466,578 459,700 434,906 Occupancy expense45,266 38,494 44,222 Marketing22,349 25,854 32,388 Legal and professional53,783 64,924 75,858 Communications and technology93,085 81,262 69,253 Federal Deposit Insurance Corporation insurance assessment23,351 36,775 14,344 Other53,873 49,938 56,561 Total non-interest expense758,285 756,947 727,532 Income before income taxes107,061 246,595 431,755 Income tax expense29,553 57,454 99,277 Net income77,508 189,141 332,478 Preferred stock dividends17,250 17,250 17,250 Net income available to common stockholders$60,258 $171,891 $315,228 Other comprehensive income/(loss)Change in unrealized gain/(loss)$(31,555)$4,323 $(479,814)Amounts reclassified into net income253,277 67,752 9,905 Other comprehensive income/(loss)221,722 72,075 (469,909)Income tax expense/(benefit)42,825 15,136 (98,681)Other comprehensive income/(loss), net of tax178,897 56,939 (371,228)Comprehensive income/(loss)$256,405 $246,080 $(38,750)Basic earnings per common share$1.29 $3.58 $6.25 Diluted earnings per common share$1.28 $3.54 $6.18 

See accompanying notes to consolidated financial statements.

53

TEXAS CAPITAL BANCSHARES, INC.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

 Preferred StockCommon StockAdditional Treasury StockAccumulated Other  Paid-inRetainedComprehensive (in thousands except share data)SharesAmountSharesAmountCapitalEarningsSharesAmountIncome/(Loss)TotalBalance at December 31, 2021300,000 $300,000 50,618,911 $506 $1,008,559 $1,948