Texas capital bancshares inc/tx (TCBIL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest income
Interest and fees on loans

1,284,036

1,124,970

846,292

684,582

594,729

511,606

441,314

393,548

314,753

270,003

229,500

Investment securities

8,654

2,834

1,066

967

1,254

1,828

3,015

4,688

6,458

9,481

13,578

Federal funds sold and securities purchased under resale agreements

1,529

3,792

2,542

1,547

682

207

65

13

37

210

31

Interest-bearing deposits in other banks

71,093

32,597

29,399

16,312

6,293

906

231

208

352

116

44

Total interest income

1,365,312

1,164,193

879,299

703,408

602,958

514,547

444,625

398,457

321,600

279,810

243,153

Interest expense
Deposits

293,537

185,116

79,886

37,175

24,578

18,145

14,030

13,644

14,950

33,309

37,824

Federal funds purchased

11,872

6,531

2,592

518

284

373

686

979

602

1,097

2,404

Repurchase agreements

-

-

-

-

-

17

18

13

10

10

53

Other borrowings

58,393

36,207

15,137

6,128

2,251

356

515

2,149

528

48

1,949

Subordinated notes

16,764

16,764

16,764

16,764

16,764

16,202

7,327

2,037

0

0

-

Trust preferred subordinated debentures

5,026

4,715

3,592

3,009

2,551

2,489

2,536

2,756

2,573

3,672

4,232

Total interest expense

385,592

249,333

117,971

63,594

46,428

37,582

25,112

21,578

18,663

38,136

46,462

Net interest income

979,720

914,860

761,328

639,814

556,530

476,965

419,513

376,879

302,937

241,674

196,691

Provision for credit losses

75,000

87,000

44,000

77,000

53,250

22,000

19,000

11,500

28,500

53,500

43,500

Net interest income after provision for credit losses

904,720

827,860

717,328

562,814

503,280

454,965

400,513

365,379

274,437

188,174

153,191

Non-interest income
Service charges on deposit accounts

11,320

12,787

12,432

10,341

8,323

7,253

6,783

6,605

6,480

6,392

6,287

Wealth management and trust fee income

8,810

8,148

6,153

4,268

5,022

4,937

5,023

4,822

4,219

3,846

3,815

Bank owned life insurance (BOLI) income

-

-

-

-

2,011

2,067

1,917

2,168

2,095

1,889

1,579

Brokered loan fees

29,738

22,532

23,331

25,339

18,661

13,981

16,980

17,596

11,335

11,190

9,043

Servicing income

13,439

18,307

15,657

1,715

-12

-

-

-

-

-

-

Swap fees

4,387

5,625

3,990

2,866

4,275

2,992

5,520

4,909

1,935

1,266

-

Net gain/(loss) on sale of loans held for sale

-20,259

-15,934

-2,387

2,547

-

-

-

-

-

-

-

Equipment rental income

-

-

-

-

-

-

-

-

-

-

5,557

Other

45,005

26,559

15,080

13,704

9,458

11,281

7,801

6,940

6,168

7,680

2,979

Total non-interest income

92,440

78,024

74,256

60,780

47,738

42,511

44,024

43,040

32,232

32,263

29,260

Non-interest expense
Salaries and employee benefits

315,080

291,768

264,231

228,985

192,610

169,051

157,752

121,456

100,535

85,298

73,419

Net occupancy expense

32,989

30,342

25,811

23,221

23,182

20,866

16,821

14,852

13,657

12,314

12,291

Leased equipment depreciation

-

-

-

-

-

-

-

-

-

-

4,319

Marketing

53,355

39,335

26,787

17,303

16,491

15,989

16,203

13,449

11,109

5,419

3,034

Legal and professional

53,830

42,990

29,731

23,326

22,150

21,182

18,104

17,557

14,996

11,837

11,846

Communications and technology

44,826

30,056

31,004

25,562

21,425

18,667

13,762

11,158

9,608

8,511

6,510

FDIC insurance assessment

20,093

24,307

23,510

24,440

17,231

10,919

8,057

5,568

7,543

9,202

8,464

Servicing-related expenses

22,573

14,934

15,506

1,703

14

-

-

-

-

-

-

Allowance and other carrying costs for other real estate owned

7

474

6,437

824

22

85

-

9,075

9,586

10,404

10,345

Litigation settlement expense

-

-

-

-

-

-

-

-

0

0

-

Other

47,246

50,890

42,859

37,033

33,398

28,355

26,030

26,766

21,167

20,503

15,314

Total non-interest expense

589,999

525,096

465,876

382,397

326,523

285,114

256,729

219,881

188,201

163,488

145,542

Income before income taxes

407,161

380,788

325,708

241,197

224,495

212,362

187,808

188,538

118,468

56,949

36,909

Income tax expense/(benefit)

84,295

79,964

128,645

86,078

79,641

76,010

66,757

67,866

42,366

19,626

12,522

Net income/(loss)

322,866

300,824

197,063

155,119

144,854

136,352

121,051

120,672

75,976

37,187

24,152

Income from continuing operations

-

-

-

-

-

-

-

-

76,102

37,323

24,387

Income from discontinued operations (after-tax)

-

-

-

-

-

-

-

-

-126

-136

-235

Preferred stock dividends

9,750

9,750

9,750

9,750

9,750

9,750

7,394

0

0

-

5,383

Net income/(loss) available to common stockholders

313,116

291,074

187,313

145,369

135,104

126,602

113,657

120,672

75,976

-

18,769

Other comprehensive income/(loss)
Change in unrealized gain/(loss) on available-for-sale debt securities arising during period, before tax

10,674

7

19

-467

-877

-522

-2,529

-2,231

-974

-1,246

-

Income tax expense/(benefit) related to unrealized loss on available-for-sale debt securities

2,242

1

6

-164

-306

-183

-885

-781

-341

436

-

Basic earnings/(loss) per common share
Other comprehensive income (loss), net of tax

8,432

6

13

-303

-571

-339

-1,644

-1,450

-633

-810

-

Comprehensive income

331,298

300,830

197,076

154,816

144,283

136,013

119,407

119,222

75,343

36,377

-

Income from continuing operations

-

-

-

-

-

-

-

-

2.04

1.02

0.56

Basic earnings/(loss) per common share

6.23

5.83

3.78

3.14

2.95

2.93

2.78

3.09

2.03

1.02

0.55

Diluted earnings/(loss) per common share
Income from continuing operations

-

-

-

-

-

-

-

-

1.99

1.00

0.55

Diluted earnings/(loss) per common share

6.21

5.79

3.73

3.11

2.91

2.88

2.72

3.00

1.98

1.00

0.55