Exhibit 99.1
tcbilogoa53.jpg

INVESTOR CONTACT
Heather Worley, 214.932.6646
heather.worley@texascapitalbank.com

TEXAS CAPITAL BANCSHARES, INC. ANNOUNCES OPERATING RESULTS FOR Q3 2018
DALLAS - October 17, 2018 - Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced earnings and operating results for the third quarter of 2018.
“We continue to focus on strategic initiatives to position ourselves for the future while delivering record financial results," said Keith Cargill, CEO. "Positioning for through-the-cycle credit quality, broadening our funding profile and driving efficiencies, as we enhance the client experience, are top of mind."
Loans held for investment ("LHI"), excluding mortgage finance, remained flat on a linked quarter basis, growing 12% from the third quarter of 2017.
Total mortgage finance loans, including mortgage correspondent aggregation ("MCA") loans, decreased 1% on a linked quarter basis, and increased 8% from the third quarter of 2017.
Demand deposits decreased 8% and total deposits remained flat on a linked quarter basis, decreasing 15% and increasing 7%, respectively, from the third quarter of 2017.
Net income increased 20% on a linked quarter basis and increased 46% from the third quarter of 2017.
EPS increased 20% on a linked quarter basis and increased 47% from the third quarter of 2017.

FINANCIAL SUMMARY
(dollars and shares in thousands)
 
Q3 2018
 
Q3 2017
 
% Change
QUARTERLY OPERATING RESULTS
 
 
 
 
 
Net income
$
85,552

 
$
58,684

 
46
 %
Net income available to common stockholders
$
83,114

 
$
56,246

 
48
 %
Diluted EPS
$
1.65

 
$
1.12

 
47
 %
Diluted shares
50,381

 
50,251

 
 %
ROA
1.31
%
 
0.99
%
 
 
ROE
14.68
%
 
11.20
%
 
 
 
 
 
 
 
 
BALANCE SHEET
 
 
 
 
 
Loans held for sale (LHS), MCA
$
1,651,930

 
$
955,983

 
73
 %
LHI, mortgage finance
5,477,787

 
5,642,285

 
(3
)%
LHI
16,569,538

 
14,828,406

 
12
 %
Total LHI
22,047,325

 
20,470,691

 
8
 %
Total loans
23,699,255

 
21,426,674

 
11
 %
Total assets
27,127,107

 
24,400,998

 
11
 %
Demand deposits
7,031,460

 
8,263,202

 
(15
)%
Total deposits
20,385,637

 
19,081,257

 
7
 %
Stockholders’ equity
2,426,442

 
2,158,363

 
12
 %



The following information was filed by Texas Capital Bancshares Inctx (TCBI) on Wednesday, October 17, 2018 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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