---
schema_version: "secwatch.filing_event.v1"
accession: "0001077428-21-000094"
form_type: "8-K"
ticker: "TCBI"
cik: "0001077428"
company_name: "TEXAS CAPITAL BANCSHARES INC/TX"
filed_at: "2021-07-21T23:59:59+00:00"
generated_at: "2026-06-30T03:37:29.383648+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Texas Capital Q2 net income $73.5M ($1.31 EPS) vs year-ago loss; appoints new director

## Summary
- Net income $73.5M ($1.31 diluted EPS) vs net loss $34.3M ($0.73 loss) in Q2 2020; negative provision $19M.
- Loans held for investment ex-mortgage finance fell 1% linked, 8% YoY due to PPP payoffs; total deposits down 14% linked.
- Issued $375M 4.00% subordinated notes; used part to redeem 6.50% notes; sold mortgage servicing rights portfolio.
- Paola Arbour (EVP/CIO of Tenet Healthcare) elected to board, serves on Risk Committee, granted 1,077 RSUs vesting in 1 year.
- NPAs fell to $86.6M (0.36% of LHI) from $97.7M prior quarter; CET1 ratio 10.5%, TCE/TA 7.9%.

## SEC filing metadata
- accession: 0001077428-21-000094
- form_type: 8-K
- ticker: TCBI
- cik: 0001077428
- company_name: TEXAS CAPITAL BANCSHARES INC/TX
- filed_at: 2021-07-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1077428/000107742821000094/0001077428-21-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077428/000107742821000094/tcbi-20210720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001077428-21-000094
- JSON: https://secwatch.observer/filing/0001077428-21-000094.json
- Plain text: https://secwatch.observer/filing/0001077428-21-000094.txt

## Key facts
- Executive change
  Paola Arbour was elected as Director at TEXAS CAPITAL BANCSHARES INC/TX.
  - Action: elected
  - Role: Director
  source text: On July 20, 2021, the Board of Directors of the Company (the “Board”) elected Paola Arbour as a member of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077428/000107742821000094/0001077428-21-000094-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.