TEXAS CAPITAL BANCSHARES INC/TX TCBIL Income Statement

Texas capital bancshares inc/tx (TCBIL)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest income
Interest and fees on loans
1,254,958	1,284,036	1,282,359	1,244,204	1,193,809	1,124,970	1,053,406	991,333	913,532	846,292	790,295	738,903	705,321	684,582	653,873	627,898	611,440	594,729	579,411	562,280	534,908	511,606	491,985	471,820	454,004	441,314	430,706	417,083	404,956	393,548	378,407	359,269	338,487	314,753	293,534	276,777	0	0	0
Investment securities
9,377	8,654	7,310	6,155	4,088	2,834	1,773	953	1,047	1,066	1,081	972	931	967	1,014	1,080	1,157	1,254	1,368	1,498	1,646	1,828	2,060	2,314	2,616	3,015	3,447	3,890	4,320	4,688	5,043	5,442	5,919	6,458	7,296	8,263	0	0	0
Federal funds sold and securities purchased under resale agreements
1,764	1,529	2,074	2,538	3,126	3,792	3,744	3,368	3,057	2,542	1,944	1,757	1,705	1,547	1,464	1,202	938	682	518	393	283	207	140	94	99	65	47	27	18	13	8	9	10	37	86	123	0	0	0
Interest-bearing deposits in other banks
79,660	71,093	57,530	43,029	34,862	32,597	33,071	32,229	31,586	29,399	25,131	21,668	19,594	16,312	13,206	10,741	8,318	6,293	4,674	3,234	2,007	906	494	378	338	231	229	223	211	208	197	187	204	352	317	279	0	0	0
Total interest income
1,345,759	1,365,312	1,349,273	1,295,926	1,235,885	1,164,193	1,091,994	1,027,883	949,222	879,299	818,451	763,300	727,551	703,408	669,557	640,921	621,853	602,958	585,971	567,405	538,844	514,547	494,679	474,606	457,057	444,625	434,429	421,223	409,505	398,457	383,655	364,907	344,620	321,600	301,233	285,442	0	0	0
Interest expense
Deposits
286,657	293,537	284,323	255,390	222,468	185,116	150,968	121,369	98,295	79,886	62,693	49,208	41,646	37,175	33,811	31,101	27,772	24,578	22,773	21,139	19,743	18,145	16,740	15,833	14,815	14,030	13,484	13,163	13,417	13,644	13,803	13,616	13,551	14,950	20,239	25,468	0	0	0
Federal funds purchased
9,025	11,872	12,650	12,615	9,078	6,531	5,157	4,248	3,309	2,592	2,025	1,260	644	518	429	359	342	284	298	324	346	373	408	478	569	686	760	876	910	979	1,062	922	776	602	588	704	0	0	0
Repurchase agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	-	18	17	17	17	18	17	18	18	16	15	14	13	14	13	11	10	9	9	0	0	0
Other borrowings
56,121	58,393	58,407	54,021	42,381	36,207	29,861	24,379	18,796	15,137	11,623	8,521	6,987	6,128	4,923	3,862	3,023	2,251	1,625	1,021	674	356	361	412	374	515	1,090	1,578	1,927	2,149	1,938	1,441	963	528	124	15	0	0	0
Subordinated notes
16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,764	16,814	16,864	16,914	16,202	13,801	11,389	8,977	7,327	7,316	5,695	3,866	2,037	208	0	0	-	0	-	-	-	-
Trust preferred subordinated debentures
4,767	5,026	5,121	5,121	5,020	4,715	4,408	4,101	3,789	3,592	3,447	3,270	3,123	3,009	2,862	2,752	2,649	2,551	2,519	2,503	2,491	2,489	2,493	2,504	2,518	2,536	2,570	2,624	2,679	2,756	2,759	2,701	2,651	2,573	2,877	3,163	0	0	0
Total interest expense
373,334	385,592	377,265	343,911	295,711	249,333	207,158	170,861	140,953	117,971	96,549	79,020	69,161	63,594	58,778	54,833	50,549	46,428	44,047	41,868	40,185	37,582	33,821	30,633	27,271	25,112	25,236	23,951	22,813	21,578	19,784	18,693	17,952	18,663	23,837	29,359	0	0	0
Net interest income
972,425	979,720	972,008	952,015	940,174	914,860	884,836	857,022	808,269	761,328	721,902	684,280	658,390	639,814	610,779	586,088	571,304	556,530	541,924	525,537	498,659	476,965	460,858	443,973	429,786	419,513	409,193	397,272	386,692	376,879	363,871	346,214	326,668	302,937	277,396	256,083	0	0	0
Provision for credit losses
151,000	75,000	93,000	95,000	95,000	87,000	54,000	61,000	47,000	44,000	51,000	53,000	56,000	77,000	82,000	73,750	72,250	53,250	45,750	38,500	28,000	22,000	20,500	19,000	22,000	19,000	18,500	16,500	10,500	11,500	13,000	17,000	24,000	28,500	36,000	43,500	0	0	0
Net interest income after provision for credit losses
821,425	904,720	879,008	857,015	845,174	827,860	830,836	796,022	761,269	717,328	670,902	631,280	602,390	562,814	528,779	512,338	499,054	503,280	496,174	487,037	470,659	454,965	440,358	424,973	407,786	400,513	390,693	380,772	376,192	365,379	350,871	329,214	302,668	274,437	241,396	212,583	0	0	0
Non-interest income
Service charges on deposit accounts
11,634	11,320	11,703	12,473	12,629	12,787	12,728	12,462	12,524	12,432	12,263	11,932	11,276	10,341	9,385	8,601	8,339	8,323	8,315	8,036	7,651	7,253	6,951	6,793	6,778	6,783	6,802	6,827	6,702	6,605	6,416	6,317	6,301	6,480	6,638	6,592	0	0	0
Wealth management and trust fee income
9,268	8,810	8,620	8,355	8,233	8,148	7,763	7,325	6,720	6,153	5,630	5,116	4,812	4,268	4,337	4,446	4,635	5,022	4,932	4,900	4,855	4,937	4,964	5,037	5,064	5,023	5,033	4,986	4,949	4,822	4,670	4,545	4,379	4,219	4,124	4,013	0	0	0
Bank owned life insurance (BOLI) income
-	-	-	-	-	-	-	-	-	-	2,043	1,948	2,003	-	2,159	2,123	2,063	2,011	1,964	1,997	2,042	2,067	2,080	1,986	1,928	1,917	1,894	2,020	2,145	2,168	2,158	2,142	2,093	2,095	2,050	1,998	0	0	0
Brokered loan fees
32,687	29,738	26,501	23,951	22,430	22,532	22,816	22,827	22,821	23,331	24,888	26,317	26,372	25,339	22,357	19,661	19,074	18,661	18,373	17,309	15,389	13,981	13,382	13,639	15,060	16,980	18,578	19,339	18,689	17,596	16,026	14,036	12,466	11,335	11,199	10,571	0	0	0
Servicing income
15,451	13,439	12,270	13,708	15,549	18,307	20,716	20,215	18,948	15,657	11,687	7,511	3,861	1,715	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Swap fees
6,113	4,387	4,184	4,343	5,094	5,625	4,855	4,147	3,749	3,990	3,940	4,211	4,362	2,866	3,330	2,666	2,596	4,275	4,169	4,379	3,754	2,992	4,002	4,521	5,092	5,520	5,013	4,652	0	-	0	0	-	-	-	-	-	-	-
Net gain/(loss) on sale of loans held for sale
-32,754	-20,259	-20,589	-15,022	-14,266	-15,934	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equipment rental income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Other
31,807	45,005	47,270	47,368	38,422	26,559	25,036	19,364	17,357	15,080	12,682	13,811	13,323	13,704	11,404	10,449	10,128	9,458	9,891	10,039	10,731	11,281	11,090	10,528	9,177	7,801	7,660	6,502	6,882	6,940	6,636	7,314	6,550	6,168	5,077	5,151	0	0	0
Total non-interest income
74,206	92,440	89,959	95,176	88,091	78,024	82,118	75,603	77,093	74,256	73,717	71,430	66,593	60,780	53,265	47,929	46,768	47,738	47,644	46,660	44,422	42,511	42,469	42,504	43,099	44,024	45,676	45,797	45,131	43,040	39,198	36,249	33,738	32,232	31,339	31,772	0	0	0
Non-interest expense
Salaries and employee benefits
313,924	315,080	304,318	301,539	297,054	291,768	292,460	283,015	273,765	264,231	260,120	248,960	240,616	228,985	212,903	204,764	198,154	192,610	186,521	181,127	172,823	169,051	168,149	160,972	166,267	157,752	145,942	140,939	125,978	121,456	116,916	111,503	105,382	100,535	95,749	91,546	0	0	0
Net occupancy expense
33,822	32,989	31,304	31,541	30,987	30,342	29,701	27,775	26,934	25,811	24,999	24,197	23,520	23,221	23,093	23,333	23,303	23,182	23,119	22,524	21,789	20,866	19,607	18,670	17,732	16,821	16,250	15,561	15,105	14,852	14,473	14,187	13,951	13,657	13,248	12,913	0	0	0
Leased equipment depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Marketing
50,107	53,355	50,756	46,217	42,366	39,335	37,565	34,593	30,514	26,787	22,966	20,016	18,345	17,303	17,035	16,742	16,181	16,491	16,553	16,578	16,448	15,989	15,761	15,711	15,990	16,203	16,000	15,498	14,598	13,449	13,267	12,250	11,809	11,109	8,644	7,290	0	0	0
Legal and professional
61,266	53,830	44,470	43,840	45,490	42,990	38,704	34,335	29,808	29,731	27,418	26,356	25,455	23,326	23,857	24,034	23,426	22,150	18,901	18,265	19,828	21,182	22,977	22,040	19,566	18,104	17,904	18,883	17,506	17,557	16,599	15,330	16,264	14,996	13,339	12,990	0	0	0
Communications and technology
49,236	44,826	39,870	36,500	32,621	30,056	27,801	26,368	31,131	31,004	30,748	31,366	25,851	25,562	24,748	23,308	22,564	21,425	21,359	21,107	19,821	18,667	16,810	15,578	14,564	13,762	13,235	12,424	11,797	11,158	10,555	9,880	9,744	9,608	9,397	9,373	0	0	0
FDIC insurance assessment
20,820	20,093	19,903	21,207	23,326	24,307	25,594	25,273	23,619	23,510	23,373	23,525	24,965	24,440	22,608	20,742	18,910	17,231	15,365	13,651	11,984	10,919	9,967	11,549	9,704	8,057	7,466	0	0	-	0	-	-	7,543	8,430	9,206	0	0	0
Servicing-related expenses
33,545	22,573	22,168	18,210	16,511	14,934	19,556	19,246	17,561	15,506	8,727	5,450	3,380	1,703	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger-related expenses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allowance and other carrying costs for other real estate owned
-	-	9	-1,857	-	474	6,589	8,558	8,453	6,437	0	0	0	-	-	-	-	22	40	44	49	85	0	0	0	-	2,548	2,833	6,163	9,075	10,089	11,687	8,898	9,586	11,274	9,932	0	0	0
Other
45,041	47,246	48,373	50,747	51,840	50,890	50,402	47,896	44,957	42,859	39,771	38,326	38,576	37,033	37,347	36,176	34,188	33,398	31,740	30,529	29,572	28,355	29,130	27,713	26,908	26,030	24,305	24,583	25,512	26,766	26,300	25,894	23,554	21,167	18,786	17,514	0	0	0
Total non-interest expense
615,038	589,999	561,171	547,944	538,514	525,096	528,372	507,059	486,742	465,876	439,261	419,230	401,671	382,397	362,916	349,805	336,826	326,523	313,598	303,825	292,314	285,114	281,283	271,377	270,346	256,729	246,554	238,066	223,305	219,881	210,123	202,788	194,078	188,201	180,450	173,382	0	0	0
Income before income taxes
280,593	407,161	407,796	404,247	394,751	380,788	384,582	364,566	351,620	325,708	305,358	283,480	267,312	241,197	219,128	210,462	208,996	224,495	230,220	229,872	222,767	212,362	201,544	196,100	180,539	187,808	189,815	188,503	198,018	188,538	179,946	162,675	142,328	118,468	92,285	70,973	0	0	0
Income tax expense/(benefit)
57,253	84,295	86,956	85,996	83,033	79,964	110,907	117,759	125,154	128,645	104,651	98,732	94,779	86,078	77,642	74,587	74,064	79,641	82,285	82,219	79,630	76,010	72,665	70,579	64,367	66,757	67,727	67,319	71,283	67,866	64,927	58,516	51,084	42,366	32,397	24,679	0	0	0
Net income/(loss)
223,340	322,866	320,840	318,251	311,718	300,824	273,675	246,807	226,466	197,063	200,707	184,748	172,533	155,119	141,486	135,875	134,932	144,854	147,935	147,653	143,137	136,352	128,877	125,521	116,173	121,051	122,121	121,181	126,730	120,672	114,983	104,150	91,182	75,976	0	0	0	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	115,019	104,159	91,244	76,102	59,888	46,294	0	0	0
Income from discontinued operations (after-tax)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-36	-9	-62	-126	-126	-173	0	0	0
Preferred stock dividends
9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,750	9,751	9,750	9,751	7,394	4,956	2,519	81	0	0	0	0	-	-	-	-	-	-
Net income/(loss) available to common stockholders
213,590	313,116	311,090	308,501	301,968	291,074	263,925	237,057	216,716	187,313	190,957	174,998	162,783	145,369	131,736	126,125	125,182	135,104	138,185	137,903	133,387	126,602	119,126	115,771	106,422	113,657	117,165	118,662	126,649	120,672	0	0	0	-	-	-	0	0	0
Other comprehensive income/(loss)
Change in unrealized gain/(loss) on available-for-sale debt securities arising during period, before tax
5,435	10,674	13,149	10,042	17	7	-2,393	-118	-47	19	-322	-437	-426	-467	-387	-540	-839	-877	-721	-800	-436	-522	-659	-895	-1,966	-2,529	-3,216	-3,071	-2,668	-2,231	-1,928	-1,684	-1,016	-974	0	0	0	-	-
Income tax expense/(benefit) related to unrealized loss on available-for-sale debt securities
1,141	2,242	2,762	2,109	4	1	-504	-19	-8	6	-111	-152	-149	-164	-137	-189	-293	-306	-252	-280	-153	-183	-1,457	-1,540	-1,196	-885	-808	-487	-628	-781	234	50	-326	-341	0	0	0	-	-
Basic earnings/(loss) per common share
Other comprehensive income (loss), net of tax
4,294	8,432	10,387	7,933	13	6	-1,889	-99	-39	13	-211	-285	-277	-303	-250	-351	-546	-571	-469	-520	-283	-339	-429	-582	-1,278	-1,644	-2,090	-1,996	-1,734	-1,450	-1,253	-1,094	-660	-633	0	0	0	-	-
Comprehensive income
227,634	331,298	331,227	326,184	311,731	300,830	271,786	246,708	226,427	197,076	200,496	184,463	172,256	154,816	141,236	135,524	134,386	144,283	147,466	147,133	142,854	136,013	128,448	124,939	114,895	119,407	120,031	119,185	124,996	119,222	113,730	103,056	90,522	75,343	0	0	0	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.76	0.53	0.82	-	0.82	0.78	0.72	0.69	0.58	0.45	0.32	0.26	0.22
Basic earnings/(loss) per common share
-0.38	1.43	1.70	1.50	1.60	1.38	1.66	1.39	1.40	0.86	1.13	0.98	0.81	0.98	0.88	0.79	0.49	0.70	0.76	0.78	0.71	0.80	0.80	0.72	0.61	0.67	0.76	0.53	0.82	0.77	0.82	0.78	0.72	0.68	0.58	0.45	0.32	0.26	0.22
Diluted earnings/(loss) per common share
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.74	0.52	0.80	-	0.80	0.76	0.70	0.68	0.56	0.44	0.31	0.25	0.22
Diluted earnings/(loss) per common share
-0.38	1.41	1.70	1.50	1.60	1.38	1.65	1.38	1.38	0.84	1.12	0.97	0.80	0.97	0.87	0.78	0.49	0.70	0.75	0.76	0.70	0.79	0.78	0.71	0.60	0.66	0.74	0.52	0.80	0.74	0.80	0.76	0.70	0.68	0.56	0.43	0.31	0.25	0.22