Company: TCBI
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001077428-25-000066
Chunk: 70

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 70
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vision net revenue of $369MM; Non-interest income of $211MM, and diluted earnings per share of $4.43 all reached record levels since the beginning of the transformation; Higher ratio of tangible common equity to tangible assets than any U.S. bank with assets over $200 billion, with cash and securities of 25% of total assets; Executed $1.2 billion bond portfolio repositioning by selling available-for-sale securities with an average book yield of 1.23% purchased prior to 2021 and reinvesting proceeds into securities at a yield of 5.26%; Completed acquisition of $400 million healthcare loan portfolio in commitments supported by sector-focused sponsors with notable track records; Executed on structural expense reductions after a period of multi-year investments into the operating platform, with anticipated savings of approximately $30 million pre-tax in 2025 
 ▪“First Call”                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
 Onboarded all LOBs to a firm-wide CRM system, enabling a single platform to collect and manage sales activities, including leads, calls, and pipelines; Updated service model and processes by optimizing digital technology and tools to deliver client centric approach with dedicated client service officers, omni channel support, integrated platforms, 24/7 assistance, and enhanced controls; Enhanced processes to measure on-going performance and effectiveness of the front line; Triple-digit number of client meetings to better know and understand our clients and offer proactive support; Hosted events for clients that included key note speakers with expertise in the external environment; Record new client growth; Advisor, bookrunner or lead arranger on more than 30 leveraged finance transactions                                                                                                                                                                                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 1Non-GAAP financial measures. See Annex A for information concerning these measures, including a description of how these measures are calculated and a reconciliation to the most comparable GAAP financial measure.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |

TCBI 2025 | Notice of Annual Meeting and Proxy Statement 68

| Executive Compensation |

| J. Matthew Scurlock                                                                                                                                                                                                                                                                  
 Managing Director and Chief Financial Officer                                                                                                                                                                                                                                        |     |   | 2024 Compensation Summary |     |         |     | Responsibilities:                                                                                                                                                                                                                                           
 As Chief Financial Officer (“CFO”), Mr. Scurlock is responsible for managing the Company’s overall financial condition, including resource and capital allocation and expense discipline.                                                                   
 He is also responsible for overseeing all corporate