7 unchanged sentences
The performance graph represents past performance and should not be considered to be an indication of future performance.
+Added: 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020
Texas Capital Bancshares, Inc.
+Added: $ 100.00 $ 158.64 $ 179.89 $ 103.38 $ 114.87 $ 120.40
Russell 2000 Index (RTY) 100.00 119.30 134.87 118.81 146.70 173.09
3 unchanged sentences
At or For the Year Ended December 31,
−Removed: (in thousands, except per share, average share and percentage data)
+Added: (in thousands) 2020 2019 2018 2017 2016
Consolidated Operating Data
8 unchanged sentences
Income tax expense 25,657 84,295 79,964 128,645 86,078
+Added: Net income 66,289 312,015 293,387 196,081 153,419
Preferred stock dividends 9,750 9,750 9,750 9,750 9,750
1 unchanged sentence
Consolidated Balance Sheet Data
+Added: Total assets $ 37,726,096 $ 32,548,069 $ 28,257,767 $ 25,075,645 $ 21,697,134
Loans held for sale 283,165 2,577,134 1,969,474 1,011,004 968,929
10 unchanged sentences
Stockholders’ equity 2,871,224 2,801,321 2,480,308 2,190,072 1,997,890
+Added: (1) Liquidity assets include federal funds sold and interest-bearing deposits in other banks.
At or For the Year Ended December 31,
−Removed: (in thousands, except per share, average share and percentage data)
+Added: 2020 2019 2018 2017 2016
Other Financial Data
Income per share
+Added: Basic $ 1.12 $ 6.01 $ 5.68 $ 3.76 $ 3.10
+Added: Diluted 1.12 5.99 5.64 3.71 3.07
Book value per common share 53.92 52.67 46.42 41.09 37.33
1 unchanged sentence
Weighted average shares
+Added: Basic 50,430,326 50,286,300 49,936,702 49,587,169 46,239,210
+Added: Diluted 50,582,979 50,419,204 50,272,872 50,259,834 46,765,902
Selected Financial Ratios
6 unchanged sentences
Asset Quality Ratios
−Removed: Allowance for loan losses to LHI
+Added: Allowance for credit losses on loans to LHI 1.04 % 0.79 % 0.85 % 0.89 % 0.96 %
Net charge-offs (recoveries) to average LHI 0.80 % 0.31 % 0.37 % 0.16 % 0.29 %
−Removed: Allowance for loan losses to non-accrual loans
+Added: Allowance for credit losses on loans to non-accrual loans 2.1x .9x 2.4x 1.8x 1.0x
Non-accrual loans to LHI 0.50 % 0.91 % 0.36 % 0.49 % 0.96 %
1 unchanged sentence
Capital and Liquidity Ratios
+Added: CET1 9.35 % 8.88 % 8.58 % 8.45 % 8.97 %
Total capital ratio 12.09 % 11.37 % 11.31 % 11.50 % 12.48 %
4 unchanged sentences
Average LHI, net to average total deposits 80.07 % 95.73 % 102.74 % 97.56 % 95.82 %
−Removed: Liquidity assets include federal funds sold and interest-bearing deposits in other banks.
(1) Stockholders' equity excluding preferred stock, less goodwill and intangibles, divided by shares outstanding at period end.
−Removed: See Supplemental Financial Data for a reconciliation of non-GAAP measures.
(2) Non-interest expense divided by the sum of net interest income and non-interest income.
(3) Stockholders' equity excluding preferred stock, less accumulated other comprehensive income and goodwill and intangibles, divided by total assets, less accumulated other comprehensive income and goodwill and intangibles.
−Removed: See Supplemental Financial Data for a reconciliation of non-GAAP measures.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.