Texas Capital Bancshares, Inc. · NASDAQ:TCBI

Texas Capital Bancshares — Q3 2005 Earnings Presentation

14 slides from Texas Capital Bancshares's earnings presentation, Oct 20, 2005

  1. Slide 1: Texas Capital Bancshares, Inc. Earnings Release October 19, 2005

    Texas Capital Bancshares, Inc. Earnings Release October 19, 2005

  2. Slide 2: Forward-looking statements

    Certain matters discussed on this call may contain forward-looking statements, which are subject to risks and uncertainties. A number of factors, many of which are beyond Texas Capital Bancshares' control, could cause actual results to differ materially from future results expressed or implied by su

  3. Slide 3: Performance Summary

    Net income growth to $7.6 million Increase of 45% from Q3-2004 - increase of 15% on linked-quarter basis EPS at $0.28 up 40% from Q3-2004 - increase of 12% on linked-quarter basis Growth in loans* Held for investment - 32% growth over Q3-2004; increase of 7% on linked- quarter basis Total loans - 33

  4. Slide 4: Financial Review

    © TEXAS CAPITAL BANCSHARES, INC. FINANCIAL REVIEW

  5. Slide 5: Income Statement

    INCOME STATEMENT In Thousands Q3-05 Q2-05 Q1-05 Q4-04 Q3-04 Net interest income $ 26,958 $ 24,484 $ 21,668 $ 21,460 $ 19,386 Provision for loan losses - - - 200 375 Net interest income after provision for loan losses 26,958 24,484 21,668 21,260 19,011 Non-interest income 5,790 4,694 4,179 3,738 3,46

  6. Slide 6: Financial Summary (Period End)

    FINANCIAL SUMMARY In Thousands Period End Period End Period End Q3 2005 Q2 2005 Q3 2004 Q3/Q2 % Change YOY % Change Loans held for investment $1,935,818 $1,805,630 $1,485,156 7% 30% Loans held for sale 118,929 120,708 79,010 (1)% 51% Total loans 2,054,747 1,926,338 1,564,166 7% 31% Securities 674,79

  7. Slide 7: Financial Summary (Averages)

    FINANCIAL SUMMARY In Thousands Averages Averages Averages Q3 2005 Q2 2005 Q3 2004 Q3/Q2 % Change YOY % Change Loans held for investment $1,884,161 $1,755,311 $1,432,860 7% 32% Loans held for sale 121,181 84,497 70,730 43% 71% Total loans 2,005,342 1,839,808 1,503,590 9% 33% Securities 691,994 733,75

  8. Slide 8: Average Balances, Yields, and Rates

    AVERAGE BALANCES, YIELDS, AND RATES In Thousands Q3 2005 Q3 2005 Q2 2005 Q2 2005 Q3 2004 Q3 2004 Avg. Bal. Yield / Rate Avg. Bal. Yield / Rate Avg. Bal. Yield / Rate Assets Securities $ 691,994 4.41% $ 733,752 4.44% $ 801,227 4.30% Fed funds sold & liquidity investments 38,427 3.52% 3,716 2.70% 5,32

  9. Slide 9: Deposit and Loan Growth

    DEPOSIT AND LOAN GROWTH Loans HFI* Interest Bearing Deposits Demand Deposits * Excludes loans held for sale. Demand Deposit CAGR: 48% Total Deposit CAGR: 25% Loans Held for Investment CAGR: 27% 2000 2001 2002 2003 2004 Q3-05 Loans Held for Investment 625 855 1003 1230 1565 1936 2000 2001 2002 2003 2

  10. Slide 10: Revenue and Expense Growth

    REVENUE AND EXPENSE GROWTH Operating Revenue CAGR: 36% Net Interest Income CAGR: 34% Non-interest Income CAGR: 58% Non-interest Expense CAGR: 17% Net Interest Income Non-interest Income Non-interest Expense 2000 2001 2002 2003 2004 Q3-2005 Non Interest Expense 35158 29432 35370 48430 57340 77724 200

  11. Slide 11: Interest Sensitivity Position

    Assets Liabilities 0.63 0.41 0.24 0.15 0.06 0.08 0.07 0.36 Asset Sensitive Differential: Approx. $629 million INTEREST SENSITIVITY POSITION Floating Rate Other Loans Securities Loans Fixed Rate Floating Rate Money Market & Fed Funds Non-Interest Checking Fixed Rate Capital Term Deposits & Rev Repos

  12. Slide 12: Credit Quality

    CREDIT QUALITY Allowance / Loans (1) 0.98% 1.20% 1.44% 1.45% 1.47% NPL to Loans (1) .12% .39% .83% .29% .75% Allowance to NPL 8.2x 3.1x 1.7x 5.0x 1.1x Net Charge-offs / Average Loans YTD 2005 2004 2003 2002 2001 (1) Excludes loans held for sale.

  13. Slide 13: Closing Comments

    CLOSING COMMENTS Confirming guidance for 2005 Net income of $26.5 to $28 million Improvement in ROA and ROE Credit quality maintained at high standards Continued investment in business strategy

  14. Slide 14: Q&A

    © TEXAS CAPITAL BANCSHARES, INC. Q&A

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