Company: TCBI
Filing Date: 2025-04-17
Form Type: 10-Q
Source: 0001077428-25-000078
Chunk: 7

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-04-17
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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 Communications and technology23,642 21,114 Federal Deposit Insurance Corporation insurance assessment5,341 8,421 Other11,554 12,163 Total non-interest expense203,020 202,393 Income before income taxes60,458 34,935 Income tax expense13,411 8,793 Net income47,047 26,142 Preferred stock dividends4,313 4,313 Net income available to common stockholders$42,734 $21,829 Other comprehensive income/(loss)Change in unrealized gain/(loss)$50,279 $(42,343)Amounts reclassified into net income10,359 19,708 Other comprehensive income/(loss)60,638 (22,635)Income tax expense/(benefit)13,693 (4,753)Other comprehensive income/(loss), net of tax46,945 (17,882)Comprehensive income$93,992 $8,260 Basic earnings per common share$0.93 $0.46 Diluted earnings per common share$0.92 $0.46 

See accompanying notes to consolidated financial statements.

4

TEXAS CAPITAL BANCSHARES, INC.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - UNAUDITED

Preferred StockCommon StockAdditional Treasury StockAccumulated Other  Paid-inRetainedComprehensive (in thousands except share data)SharesAmountSharesAmountCapitalEarningsSharesAmountIncome/(Loss)TotalBalance at December 31, 2023 (audited)300,000 $300,000 51,142,979 $511 $1,045,576 $2,435,393 (3,905,067)$(220,334)$(362,004)$3,199,142 Comprehensive income/(loss):Net income— — — — — 26,142 — — — 26,142 Change in other comprehensive income/(loss), net of taxes— — — — — — — — (17,882)(17,882)Total comprehensive income8,260 Stock-based compensation expense recognized in earnings— — — — 8,026 — — — — 8,026 Preferred stock dividend — — — — —