Texas Capital Bancshares(TCBI) - 2025 Q3 - Earnings Call Presentation

Financial Performance Highlights - Net interest income increased by $184 million QoQ, driven by LHI growth and higher LHI excl MF9 yields[36] - Net interest margin expanded by 12bps QoQ[36] - Adjusted non-interest expense increased $05 million YoY to $1906 million[41] - YTD net interest income increased 13% despite a 125bps reduction in short-term rates[41] Balance Sheet Trends - Total deposit balances increased $14 billion or 6% QoQ[25] - Average non-interest bearing deposits, excluding MF9, increased $67 million or 2% QoQ to $34 billion[26] - Average MF9 non-interest bearing deposits declined $11 billion YoY to $49 billion, representing 90% of average mortgage finances loans in Q3 2025 compared to 116% in Q3 of last year[26] - Total LHI excl mortgage finance increased $14 billion or 8% YoY[16] Asset Quality - Total ACL, excl MF9 increased to $3238 million[50] - Criticized LHI declined $368 million or 41% YoY, with the percentage of total LHI declining 184bps to 219%[50] - Special mention LHI declined $90 million or 27% QoQ[50] Capital Position - Tangible book value per share increased by $288 or 4% QoQ to $7302[54] - Repurchased 87 thousand shares in Q3 for a total of $7 million[54] - Total capital ratio of 1610% and CET1 ratio of 1214%[54]