---
schema_version: "secwatch.filing_event.v1"
accession: "0001077428-22-000133"
form_type: "8-K"
ticker: "TCBI"
cik: "0001077428"
company_name: "TEXAS CAPITAL BANCSHARES INC/TX"
filed_at: "2022-10-19T23:59:59+00:00"
generated_at: "2026-06-23T02:33:40.960345+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Texas Capital Q3 EPS $0.74 beats Q2 $0.59; appoints John Cummings as CAO

## Summary
- Q3 net income available to common $37.1M ($0.74 diluted EPS) vs $29.8M ($0.59) last quarter and $39.1M ($0.76) a year ago.
- Net interest income rose to $239.1M from $205.5M Q2; net interest margin expanded 37 bps to 3.05%.
- Recorded $12M provision for credit losses, down from $22M in Q2; non-accrual LHI ratio improved to 0.18% from 0.21%.
- John Cummings appointed Chief Administrative Officer effective Oct 18, 2022; base salary $500K, eligible for annual incentive and change-in-control severance.
- Regulatory ratios all well-capitalized; CET1 ratio 11.1% vs 10.5% last quarter and 10.7% a year ago.

## SEC filing metadata
- accession: 0001077428-22-000133
- form_type: 8-K
- ticker: TCBI
- cik: 0001077428
- company_name: TEXAS CAPITAL BANCSHARES INC/TX
- filed_at: 2022-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1077428/000107742822000133/0001077428-22-000133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077428/000107742822000133/tcbi-20221018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001077428-22-000133
- JSON: https://secwatch.observer/filing/0001077428-22-000133.json
- Plain text: https://secwatch.observer/filing/0001077428-22-000133.txt

## Key facts
- Executive change
  John Cummings was appointed as Chief Administrative Officer at TEXAS CAPITAL BANCSHARES INC/TX.
  - Action: appointed
  - Role: Chief Administrative Officer
  source text: On October 18, 2022, the Board of Directors of the Company appointed John Cummings, age 62, to serve as Chief Administrative Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077428/000107742822000133/0001077428-22-000133-index.htm

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