Company: TCBI
Filing Date: 2025-04-17
Form Type: 10-Q
Source: 0001077428-25-000078
Chunk: 6

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-04-17
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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ued shares - 51,707,542 and 51,520,315 at March 31, 2025 and December 31, 2024, respectively517 515 Additional paid-in capital1,060,028 1,056,719 Retained earnings2,538,385 2,495,651 Treasury stock - 5,682,609 and 5,286,503 shares at cost at March 31, 2025 and December 31, 2024, respectively(332,994)(301,842)Accumulated other comprehensive loss, net of taxes(136,162)(183,107)Total stockholders’ equity3,429,774 3,367,936 Total liabilities and stockholders’ equity$31,375,749 $30,731,883 

See accompanying notes to consolidated financial statements.

3

Table of Contents

TEXAS CAPITAL BANCSHARES, INC.

CONSOLIDATED STATEMENTS OF INCOME AND OTHER

COMPREHENSIVE INCOME - UNAUDITEDThree Months Ended March 31,(in thousands except per share data)20252024Interest incomeInterest and fees on loans$334,150 $330,879 Investment securities46,565 32,144 Interest bearing cash and cash equivalents46,574 54,355 Total interest income427,289 417,378 Interest expenseDeposits174,936 175,600 Short-term borrowings8,246 12,783 Long-term debt8,073 13,986 Total interest expense191,255 202,369 Net interest income236,034 215,009 Provision for credit losses17,000 19,000 Net interest income after provision for credit losses219,034 196,009 Non-interest incomeService charges on deposit accounts7,840 6,339 Wealth management and trust fee income3,964 3,567 Brokered loan fees1,949 1,911 Investment banking and advisory fees16,478 18,424 Trading income5,939 4,712 Other8,274 6,366 Total non-interest income44,444 41,319 Non-interest expenseSalaries and benefits131,641 128,727 Occupancy expense10,844 9,737 Marketing5,009 6,036 Legal and professional14,989 16,195