secwatch.observer — SEC 8-K summary
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Issuer:     TEXAS CAPITAL BANCSHARES INC/TX (TCBI)
CIK:        0001077428
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0001077428-23-000152
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Texas Capital Q2 net income $68.7M, diluted EPS $1.33 vs $0.59 YoY; NIM 3.29%
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- Net income available to common stockholders $64.3M ($1.33 diluted EPS) vs $29.8M ($0.59) in Q2 2022.
- Net interest income $232M, net interest margin 3.29% (+61 bps YoY); total cost of deposits 2.37%.
- Provision for credit losses $7M vs $28M in Q1 2023; net charge-offs $8.2M vs $19.9M.
- Non-accrual LHI ratio improved to 0.38% from 0.47% QoQ; CET1 ratio 12.2% (well-capitalized).
- Balance sheet: total deposits $23.3B, total LHI $21.3B; tangible common equity / tangible assets 9.6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1077428/000107742823000152/0001077428-23-000152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1077428/000107742823000152/tcbi-20230720.htm
  HTML page:      https://secwatch.observer/filing/0001077428-23-000152

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