secwatch.observer — SEC 8-K summary
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Issuer:     TEXAS CAPITAL BANCSHARES INC/TX (TCBI)
CIK:        0001077428
Form:       8-K
Filed at:   2022-01-20T23:59:59+00:00
Accession:  0001077428-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Texas Capital Q4 net income $65.1M ($1.19 EPS); full year EPS $4.60 vs $1.12; credit improves
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- Q4 2021 net income $65.1M ($1.19 diluted EPS), vs $43.4M ($0.76) Q3 and $60.2M ($1.14) Q4 2020.
- Full year 2021 net income $253.9M ($4.60 EPS) vs $66.3M ($1.12 EPS) in 2020.
- Recorded $10.0M provision release (negative provision) as criticized loans fell to $582.9M from $728.9M Q3.
- Net interest margin 2.12%, down 10bps YoY; net interest income $194M vs $213.2M in Q4 2020.
- Capital ratios improved: CET1 11.1%, TCE/TA 8.3%; all ratios well above 'well-capitalized' levels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1077428/000107742822000006/0001077428-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1077428/000107742822000006/tcbi-20220120.htm
  HTML page:      https://secwatch.observer/filing/0001077428-22-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer