Texas Capital Bancshares Announces Operating Results for Q1 2009 (Business Wire)
Posted in: Car Loans | April 24th, 2009
DALLAS—-Texas Capital Bancshares, Inc. , the parent company of Texas Capital Bank, announced earnings and operating results for the first quarter of 2009. Loans held for investment were flat and total loans decreased 2% on a linked quarter basis and grew 15% and 19%, respectively, from Q1 2008 Demand deposits grew 4% and total deposits declined 10% on a linked quarter basis and grew 21% and declined 5%, respectively, from Q1 2008 Net income increased 76% on a linked quarter basis and decreased 24% from Q1 2008 Net income available to common shareholders increased 49% on a linked quarter basis and decreased 35% from Q1 2008 EPS increased 55% on a linked quarter basis and decreased 43% from Q1 2008