UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the transition period from to Commission File Number 001-36722 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 TRIUMPH BANCORP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Texas 20-0477066 (I.R.S. Employer Identification No.) 12700 Park Central Drive, Sui ...

Triumph Bancorp, Inc. (TBK) Q3 2019 Earnings Conference Call October 17, 2019 8:00 AM ET Company Participants Luke Wyse – Senior Vice President of Finance and Investor Relations Aaron Graft – Vice Chairman and Chief Executive Officer Todd Ritterbusch – Chief Lending Officer Bryce Fowler – Chief Financial Officer Conference Call Participants Brady Gailey – KBW Brad Milsaps – Sandler O’Neill Gary Tenner – D.A. Davidson Matt Olney – Stephens Steve Moss – B. Riley FBR Timur Braziler – Wells Fargo Operator Good ...

Financial Performance - Triumph Bancorp's diluted earnings per share for Q3 2019 were $0.56[22] - Total loans held for investment portfolio grew by $373.5 million, a 9.7% increase[22, 23] - Deposit growth reached $38.9 million, representing a 1.1% increase, with non-interest bearing demand deposits growing by $14.3 million[22] - The net interest margin (NIM) was 5.85% in Q3 2019[24] - The company repurchased 850,093 shares of common stock at an average price of $29.38, totaling $25.0 million[25] Loan Portfolio - Total loans amounted to $4.2 billion[8] - Community banking loans accounted for 53% of the total portfolio, totaling $2,211.2 million[33] - Commercial finance loans represented 30% of the portfolio, amounting to $1,276.1 million[33] - National lending comprised 17% of the total loans, with a value of $729.6 million[33] Triumph Business Capital Factoring - Triumph Business Capital's client portfolio mix is primarily transportation (83%) with the remaining 17% in non-transportation[44] - The factoring yield in the current quarter was 18.23%[45] - The average annual charge-off rate for Triumph Business Capital factoring over the past 3 years was 0.36%[45] Transportation Finance - The company estimates that it purchases approximately 10% of the available invoices from its ~$60 billion target market[54]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36722 TRIUMPH BANCORP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organiza ...

Financial Data and Key Metrics Changes - For Q2 2019, the company reported net income of $12.7 million or $0.48 per diluted share, indicating average to below-average financial returns [6] - Loans held for investment increased by $223 million or 6% in Q2 [8] - Total deposits rose by $345 million or 10% in the second quarter [13] - Net interest margin declined by 16 basis points to 5.99% [16] - Non-performing assets to total assets increased by 2 basis points to 86 basis points [16] Business Line Data and Key Metrics Changes - The community bank portfolio grew by $54 million or 3%, primarily driven by C&I lending [9] - The commercial finance portfolio grew by $78 million or 7% despite soft growth in transportation factoring [10] - Mortgage warehouse lending saw a $62 million increase in average balances, a 26% rise over the prior quarter [12] - Total factoring revenue increased by $1 million quarter-over-quarter or 4% to $26 million, driven by a 6% increase in purchases to $1.4 billion [21] Market Data and Key Metrics Changes - The spot market rate per mile continued to decline from late 2018 levels, with no typical seasonal rebound observed in Q2 [18] - The average transportation invoice size decreased by $49 to $1,492 or 3% [22] - Active clients in transportation factoring increased by 73 to a total of 6,455 during Q2 [24] Company Strategy and Development Direction - The company is focused on generating high-quality growth rather than growth for its own sake, aiming for returns on capital at $5 billion to $7 billion in assets [30] - The company plans to continue repurchasing shares if the stock remains undervalued, with a second $25 million repurchase program authorized [28] - TriumphPay is expected to be profitable in 2020 and significantly impact 2021 performance, with a strong pipeline of freight brokers [27] Management's Comments on Operating Environment and Future Outlook - Management believes the current softness in the spot market is tied to a supply/demand imbalance rather than a cyclical downturn [19] - The company remains committed to the trucking business for the long term, expecting continued demand for trucking services [20] - Management anticipates loan growth of $500 million to $700 million for the full year, focusing on the most profitable opportunities [38] Other Important Information - Total expenses for Q2 were $50.7 million, better than the estimated $51.5 million [16] - The company is evaluating the implementation of a dividend while maintaining excess capital for potential M&A opportunities [29] Q&A Session Summary Question: Average invoice size trend and loan growth expectations - Management noted that the average invoice size has been declining but expects it could stabilize in the second half of the year, maintaining loan growth expectations of $500 million to $700 million for 2019 [35][38] Question: TCE ratio and buyback strategy - Management indicated that while the TCE ratio decreased to 9.8%, they have room to complete the buyback plan and are focused on improving their deposit network [39][41] Question: Participation in loans and fee income generation - Management discussed plans to participate in loans to manage exposure and generate fee income, with expectations for this to materialize in the next 12 months [45] Question: Agricultural exposure and credit trends - Management confirmed agricultural exposure is just under $300 million, with a focus on corn farming and a cautious approach to monitoring relationships [46][48] Question: Net interest margin and deposit costs - Management expects to lower deposit costs gradually, with a focus on maintaining a strong net interest margin through profitable business lines [50][51] Question: Client acquisition pace and market share - Management stated that while new client additions have slowed, they continue to capture market share and maintain a strong pipeline for future growth [52][54] Question: TriumphPay and larger carriers - Management is optimistic about onboarding larger carriers to TriumphPay, expecting significant growth in the coming quarters [61]

Rethink Vanilla. RELEASE July 17, 2019 Q2 2019 EARNINGS ╬ TRIUMPH DISCLAIMER FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. You can identify forward-looking statements by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "like ...

Financial Performance - For the three months ended March 31, 2019, net income available to common stockholders was $14.8 million, or $0.55 per diluted share, compared to $11.9 million, or $0.56 per diluted share for the same period in 2018[160]. - Net income for the three months ended March 31, 2019, was $14.8 million, an increase of $2.7 million from $12.1 million for the same period in 2018[180]. - Adjusted net income for the three months ended March 31, 2018, was $11.1 million, compared to $14.8 million for the same period in 2019, reflecting a $3.7 million increase[181]. - Total stockholders' equity increased by $9.6 million during the three months ended March 31, 2019, primarily due to net income for the period[163]. - The return on average common equity was 9.30% and the return on average assets was 1.33% for the three months ended March 31, 2019[160][172]. Assets and Liabilities - As of March 31, 2019, the company had total assets of $4.530 billion, total loans held for investment of $3.613 billion, total deposits of $3.314 billion, and total stockholders' equity of $646.2 million[157]. - Total assets as of March 31, 2019, were $4,529,783 thousand, a slight decrease from $4,559,779 thousand at the end of 2018[174]. - Total liabilities decreased by $40 million to $3.884 billion as of March 31, 2019, compared to $3.923 billion at December 31, 2018[255]. - Total deposits decreased by $135.9 million, or 3.9%, to $3.314 billion as of March 31, 2019, primarily due to decreases in all deposit products except for savings deposits and certificates of deposit[256]. Loan Portfolio - The company's commercial finance product lines decreased by $69.3 million, or 5.5%, to $1.187 billion as of March 31, 2019, constituting 33% of the total loan portfolio[158][161]. - Average total loans increased to $3.54 billion for the three months ended March 31, 2019, up from $2.77 billion in the same period of 2018[186]. - Outstanding loans increased by $4.2 million from December 31, 2018, compared to a $63.1 million increase during the same period in 2018[199]. - The average balance of higher yielding commercial finance loans increased by $244.8 million, or 25.8%, from $949.9 million for the three months ended March 31, 2018 to $1.195 billion for the same period in 2019[188]. - The ratio of nonperforming loans to total loans improved to 0.95% as of March 31, 2019, down from 1.00% a year earlier[174]. Income and Expenses - Interest income for the three months ended March 31, 2019, was $73.3 million, compared to $54.1 million for the same period in 2018[172]. - Net interest income increased by $14.2 million, contributing to the overall growth in adjusted net income[181]. - Total noninterest expense rose by $14.5 million, or 42.7%, from $34.0 million to $48.6 million for the same period[202]. - Salaries and employee benefits expenses increased by $7.0 million, or 36.3%, due to a significant increase in workforce from acquisitions[203]. - Noninterest income increased by $2.4 million, or 45.7%, from $5.2 million to $7.5 million for the three months ended March 31, 2019[200]. Capital and Equity - Total stockholders' equity increased to $646,216 thousand as of March 31, 2019, compared to $636,607 thousand at the end of 2018[179]. - The company repurchased 247,312 shares at an average price of $30.51, totaling $7.6 million under its stock repurchase program during the three months ended March 31, 2019[165]. - The allowance for loan and lease losses (ALLL) was $27.6 million at March 31, 2019, representing an ALLL to total loans ratio of 0.76%[197]. - The company is subject to various regulatory capital requirements, with all carrying value of $39.2 million allowed in the calculation of Tier I capital as of March 31, 2019[265][271]. Interest Rate Risk - The principal objective of asset and liability management is to evaluate interest rate risk while maximizing net income and preserving adequate levels of liquidity and capital[281]. - As of March 31, 2019, a 400 basis points increase in interest rates is projected to result in a 9.1% increase in net interest income over the following 12 months[285]. - The company emphasizes the origination of shorter duration and variable rate loans to mitigate negative exposure to interest rate increases[286]. - A 100 basis points increase in interest rates is expected to yield a 1.4% increase in net interest income over the following 12 months as of March 31, 2019[285]. - The calculations of interest rate risk do not account for management actions that may be taken in response to anticipated interest rate changes[285].

Triumph Bancorp, Inc. (TBK) Q1 2019 Results Earnings Conference Call April 18, 2019 8:00 AM ET Company Participants Luke Wyse - Senior Vice President, Finance and Investor Relations Aaron Graft - Founder, Vice Chairman and Chief Executive Officer Bryce Fowler - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Matt Olney - Stephens, Inc. Brady Gailey - Keefe, Bruyette & Woods Brad Milsaps - Sandler O'Neill & Partners, L.P. Jared Shaw - Wells Fargo Securities Steve ...

(Mark One) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-36722 TRIUMPH BANCORP, INC. (Exact name of Registrant as specified in its Charter) (State or other jurisdiction of incorporation or o ...