{"schema_version":"secwatch.filing_event.v1","accession":"0001077428-24-000089","form_type":"8-K","ticker":"TCBI","cik":"0001077428","company_name":"TEXAS CAPITAL BANCSHARES INC/TX","filed_at":"2024-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.193619+00:00","generated_at":"2026-06-03T18:04:07.679693+00:00","sec_items":["2.02","5.02","5.07","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Texas Capital Bancshares Q1 net income $26.1M ($0.46 EPS); CRO Storms to retire June 15","bullets":["Net income available to common stockholders $21.8M ($0.46 diluted EPS), vs $15.8M ($0.33) Q4 2023 and $34.3M ($0.70) Q1 2023.","Loans held for investment grew 2.4% QoQ to $20.8B; total deposits up 7.1% to $23.95B.","Net interest margin 3.03%, up 10 bps QoQ; provision for credit losses $19.0M; net charge-offs $10.8M.","CET1 ratio 12.4%, Total Capital 16.6%; repurchased 529k shares for $31.5M at $59.27 avg.","Chief Risk Officer Tim J. Storms to retire around June 15, 2024; search for replacement underway."],"urls":{"canonical":"https://secwatch.observer/filing/0001077428-24-000089","json":"https://secwatch.observer/filing/0001077428-24-000089.json","markdown":"https://secwatch.observer/filing/0001077428-24-000089.md","text":"https://secwatch.observer/filing/0001077428-24-000089.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1077428/000107742824000089/0001077428-24-000089-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1077428/000107742824000089/tcbi-20240413.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T18:04:07.679693+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4f6d453d8abce536941148f1bda0dc1d35da2ebc","claim":"TEXAS CAPITAL BANCSHARES INC/TX reported first quarter ended March 31, 2024 results: net income $26.1 million, EPS $0.46 per diluted share.","evidence_excerpt":"First quarter 2024 net income of $26.1 million and net income available to common stockholders of $21.8 million, or $0.46 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1077428/000107742824000089/0001077428-24-000089-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"$26.1 million"},{"label":"EPS","value":"$0.46 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a556e9be6d","claim":"Tim J. Storms departed as Managing Director and Chief Risk Officer at TEXAS CAPITAL BANCSHARES INC/TX.","evidence_excerpt":"Tim J. Storms, Managing Director and Chief Risk Officer of the Company and Texas Capital Bank, informed the Company that he plans to retire on or around June 15, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1077428/000107742824000089/0001077428-24-000089-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Managing Director and Chief Risk Officer"}],"fact_type":"executive_change"},{"claim_id":"3746824e7b8f315d999840352cce11bb3434fdf9","claim":"TEXAS CAPITAL BANCSHARES INC/TX shareholders approved Approve, on an advisory basis, the 2023 compensation of named executive officers at the 2024-04-16 meeting.","evidence_excerpt":"Proposal 3 - A Company proposal to approve, on an advisory basis, the 2023 compensation of the Company's named executive officers as disclosed in the Proxy Statement:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1077428/000107742824000089/0001077428-24-000089-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-04-16"}],"fact_type":"shareholder_vote"},{"claim_id":"4cd8c4cb011fdadd0372ec024f2c542a7a438620","claim":"TEXAS CAPITAL BANCSHARES INC/TX shareholders approved Election of twelve directors at the 2024-04-16 meeting.","evidence_excerpt":"On April 16, 2024, the Company held its Annual Meeting. The matters voted on at the Annual Meeting and final voting results are summarized below. Proposal 1 - A Company proposal to elect twelve directors each to serve until the next annual meeting of stockholders or until their successors are elected and qualified:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1077428/000107742824000089/0001077428-24-000089-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-04-16"}],"fact_type":"shareholder_vote"},{"claim_id":"c0fcf15c7ea0fe0db157cf4748400d9e6baa01dc","claim":"TEXAS CAPITAL BANCSHARES INC/TX shareholders approved Ratify the appointment of Ernst & Young LLP as independent registered public accounting firm at the 2024-04-16 meeting.","evidence_excerpt":"Proposal 2 - A Company proposal to ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1077428/000107742824000089/0001077428-24-000089-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-04-16"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}