Exhibit 99.1
tcbilogoa20.jpg
January 25, 2017
MEDIA & INVESTOR CONTACT
Heather Worley, 214.932.6646
heather.worley@texascapitalbank.com

TEXAS CAPITAL BANCSHARES, INC. ANNOUNCES OPERATING RESULTS FOR 2016

DALLAS - January 25, 2017 - Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced earnings and operating results for the fourth quarter and full year of 2016.

“We are extremely pleased to finish 2016 with solid earnings and continued growth in loans, deposits and fee income. Our recent capital raise positions us to fully support potentially stronger growth by our clients in an environment that is expected to be more business-friendly," said Keith Cargill, CEO. "Continuing to attract and develop great talent and partnering with exceptional clients will drive future risk-appropriate assets and earnings growth, and solidify our outlook for a bright future as a leading organic-growth company."

Loans held for investment ("LHI"), excluding mortgage finance, increased 3% and total LHI decreased 1% on a linked quarter basis (increased 1% and decreased 1% on an average basis, respectively), growing 11% and 5%, respectively, from the fourth quarter of 2015.
Total mortgage finance loans, including MCA loans, decreased 3% on a linked quarter basis (increasing 4% on an average basis) and increased 8% from the fourth quarter of 2015.
Demand deposits decreased 9% and total deposits decreased 6% on a linked quarter basis (increasing 3% and 4% on an average basis, respectively), growing 25% and 13%, respectively, from the fourth quarter of 2015.
Net income increased 13% on a linked quarter basis and increased 39% from the fourth quarter of 2015.
EPS increased 10% on a linked quarter basis and increased 37% from the fourth quarter of 2015.

FINANCIAL SUMMARY
(dollars and shares in thousands)
 
2016
 
2015
 
% Change
ANNUAL OPERATING RESULTS
 
 
 
 
 
Net income
$
155,119

 
$
144,854

 
7
 %
Net income available to common stockholders
$
145,369

 
$
135,104

 
8
 %
Diluted EPS
$
3.11

 
$
2.91

 
7
 %
Diluted shares
46,766

 
46,438

 
1
 %
ROA
0.74
%
 
0.79
%
 
 
ROE
9.27
%
 
9.65
%
 
 
 
 
 
 
 
 
QUARTERLY OPERATING RESULTS
 
 
 
 
 
Net income
$
48,386

 
$
34,753

 
39
 %
Net income available to common stockholders
$
45,949

 
$
32,316

 
42
 %
Diluted EPS
$
0.96

 
$
0.70

 
37
 %
Diluted shares
47,760

 
46,480

 
3
 %
ROA
0.85
%
 
0.72
%
 
 
ROE
10.82
%
 
8.82
%
 
 
 
 
 
 
 
 
BALANCE SHEET
 
 
 
 
 
Loans held for sale (MCA)
$
968,929

 
$
86,075

 
N/M

LHI, mortgage finance
4,497,338

 
4,966,276

 
(9
)%
LHI
13,001,011

 
11,745,674

 
11
 %
Total LHI
17,498,349

 
16,711,950

 
5
 %
Total assets
21,697,134

 
18,903,821

 
15
 %
Demand deposits
7,994,201

 
6,386,911

 
25
 %
Total deposits
17,016,831

 
15,084,619

 
13
 %
Stockholders’ equity
2,009,557

 
1,623,533

 
24
 %
Tangible book value per share
$
37.17

 
$
31.69

 
17
 %



The following information was filed by Texas Capital Bancshares Inctx (TCBI) on Wednesday, January 25, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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