FOR IMMEDIATE RELEASE
July 20, 2011

INVESTOR CONTACT
Myrna Vance, 214.932.6646
myrna.vance@texascapitalbank.com

TEXAS CAPITAL BANCSHARES ANNOUNCES OPERATING RESULTS FOR Q2 2011

DALLAS — July 20, 2011 — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced earnings and operating results for the second quarter of 2011.

	•		Net income increased 40% on a linked quarter basis and increased 106% from Q2 2010
	•		EPS increased 42% on a linked quarter basis and increased 100% for the second quarter of 2011 as compared to the same quarter of 2010
	•		Demand deposits remained consistent and total deposits increased 4% on a linked quarter basis and grew 32% and 10%, respectively, from Q2 2010
	•		Loans held for investment increased 10% and total loans increased 14% on a linked quarter basis; grew 16% and 15%, respectively, from Q2 2010

“We are pleased to report another quarter of record earnings, one in which core earnings power improved dramatically. With a substantial increase in the net interest margin and continued improvement in credit cost trends, we realized much higher levels of ROA and ROE,” said George Jones, CEO. “In addition we saw strong growth in new lending relationships this quarter and have experienced a 33% reduction in non-performing loans. Because of our history of growth and profitability, we remain confident in our ability to demonstrate that Texas Capital is the Best Business Bank in Texas™.”

FINANCIAL SUMMARY
(dollars and shares in thousands)

		Q2 2011				Q2 2010				%Change
QUARTERLY OPERATING RESULTS(1)
Net Income		$	16,708			$	8,116				106	%
Diluted EPS		$	.44			$	.22				100	%
ROA			1.08	%			.58	%
ROE			12.13	%			6.33	%
Diluted Shares			38,333				37,487
BALANCE SHEET(1)
Total Assets		$	6,709,338			$	5,961,472				13	%
Demand Deposits			1,483,159				1,120,664				32	%
Total Deposits			5,421,726				4,926,069				10	%
Loans Held for Investment			5,164,293				4,462,830				16	%
Total Loans			6,286,623				5,459,980				15	%
Stockholders’ Equity			563,924				514,078				10	%

(1)    Operating results, assets and loans are reporting from continuing operations

DETAILED FINANCIALS

Texas Capital Bancshares, Inc. reported net income from continuing operations of $16.7 million for the quarter ended June 30, 2011, compared to $8.1 million for the second quarter of 2010. On a fully diluted basis, earnings per common share from continuing operations were $.44 for the three months ended June 30, 2011 compared to $.22 for the same period last year. The discussion below relates only to continuing operations.

Return on average equity was 12.13 percent and return on average assets was 1.08 percent for the second quarter of 2011, compared to 6.33 percent and .58 percent, respectively, for the second quarter of 2010.

The net interest margin in the second quarter of 2011 was 4.86 percent, a 54 basis point increase from the second quarter of 2010 and a 40 basis point increase from the first quarter of 2011. The year over year and linked quarter increases are due to growth in loans, a reduction in funding costs and our ability to maintain and improve spreads on our loans. Net interest income was $71.1 million for the second quarter of 2011, compared to $57.9 million for the second quarter of 2010. The increase was due to an increase in average earning assets of $496.2 million over levels reported in the second quarter of 2010. The increase in average earning assets included a $430.9 million increase in average loans held for investment and a $143.7 million increase in average loans held for sale, offset by a decrease of $70.1 million in average securities.

Average total deposits for the second quarter of 2011 increased by $476.2 million from the second quarter of 2010 and decreased by $66.4 million from the first quarter of 2011. For the same periods, the average balance of demand deposits increased by $431.1 million, or 42 percent, to $1.5 billion from $1.0 billion during the second quarter of 2010 and increased $37.6 million, or 3 percent, from the first quarter of 2011.

In the second quarter of 2011, we experienced decreases in levels of non-performing assets and credit losses. Credit costs, including the provision for credit losses and valuation charges related to other real estate owned (“OREO”) totaled $8.7 million in the second quarter of 2011 compared to $15.1 million in the second quarter of 2010 and $10.8 million in the first quarter of 2011. We recorded an $8.0 million provision for credit losses in the second quarter of 2011 compared to $14.5 million in the second quarter of 2010 and $7.5 million in the first quarter of 2011. At June 30, 2011, due primarily to the substantial growth in the loan portfolio, the combined reserve decreased to 1.34 percent of loans held for investment as compared to 1.73 percent at June 30, 2010 and 1.53 percent at March 31, 2011. In management’s opinion, the reserve is adequate and is derived from consistent application of the methodology for establishing the adequacy of reserves for Texas Capital Bank’s loan portfolio. In the second quarter of 2011, net charge-offs were $10.5 million, compared to net charge-offs of $12.6 million in the second quarter of 2010 and net charge-offs of $9.0 million in the first quarter of 2011. Non-accrual loans were $77.9 million, or 1.51 percent of loans held for investment at the end of the second quarter of 2011, and $138.2 million, or 3.10 percent, at the end of the second quarter of 2010 and $116.5 million, or 2.47 percent, at the end of the first quarter 2011. At June 30, 2011, total OREO was $27.3 million compared to $42.1 million at the end of the second quarter of 2010, and $26.2 million at the end of the first quarter 2011. The OREO balance of $27.3 million at June 30, 2011 is stated net of a $9.2 million valuation allowance. The valuation charge for OREO reflected in non-interest expense was $725,000 in the second quarter of 2011 compared to $557,000 in the second quarter of 2010 and $3.3 million in the first quarter of 2011.

Non-interest income decreased $85,000 during the second quarter of 2011, or 1%, compared to the same period of 2010 primarily related to a decrease of $520,000 in equipment rental income due to the continued decrease in the leased equipment portfolio. Offsetting this decrease is a $337,000 increase in brokered loan fees and minor increases in various categories.

Non-interest expense for the first quarter of 2011 increased $6.2 million, or 16 percent, to $45.3 million from $39.1 million in the first quarter of 2010. The increase is primarily related to a $2.7 million increase in salaries and employee benefits to $24.1 million from $21.4 million, which was primarily due to general business growth. Marketing expense increased $1.6 million relating to general business growth. Allowance and other carrying costs for OREO expense increased $215,000 to $1.0 million, $725,000 of which related to deteriorating values of assets held in OREO. Of the $1.0 million valuation expense in the third quarter of 2011,

$725,000 related to direct write-downs of the OREO balance. Additionally, legal and professional expense and communications and technology expense increased $966,000 and $398,000, respectively, from the third quarter of 2010.

Stockholders’ equity increased by 10 percent from $514.1 million at June 30, 2010 to $563.9 million at June 30, 2011. Contributing to the increase was retained net income and proceeds of sales of common stock. The Bank is well capitalized under regulatory guidelines and at June 30, 2011, the Company’s ratio of tangible common equity to total tangible assets was 8.0 percent.

ABOUT TEXAS CAPITAL BANCSHARES, INC.

Texas Capital Bancshares, Inc. (NASDAQ: TCBI) is the parent company of Texas Capital Bank, a commercial bank that delivers highly personalized financial services to businesses and private clients. Headquartered in Dallas, the Bank has full-service locations in Austin, Dallas, Fort Worth, Houston and San Antonio.

This release contains forward-looking statements, which are subject to risks and uncertainties. A number of factors, many of which are beyond Texas Capital Bancshares’ control, could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. These risks and uncertainties include the risk of adverse impacts from general economic conditions, competition, interest rate sensitivity and exposure to regulatory and legislative changes. These and other factors that could cause results to differ materially from those described in the forward-looking statements can be found in the Form 10-K and other filings made by Texas Capital Bancshares with the Securities and Exchange Commission.

TEXAS CAPITAL BANCSHARES, INC.

SELECTED FINANCIAL HIGHLIGHTS (UNAUDITED)

(Dollars in thousands except per share data)

		2nd Quarter				1st Quarter				4th Quarter				3rd Quarter				2nd Quarter
		2011				2011				2010				2010				2010
CONSOLIDATED STATEMENT OF INCOME
Interest income		$	75,259			$	70,111			$	75,432			$	72,600			$	67,472
Interest expense			4,165				5,613				9,477				9,994				9,587
Net interest income			71,094				64,498				65,955				62,606				57,885
Provision for credit losses			8,000				7,500				12,000				13,500				14,500
Net interest income after provision for credit losses			63,094				56,998				53,955				49,106				43,385
Non-interest income			7,951				7,684				9,178				8,101				8,036
Non-interest expense			45,263				46,399				44,582				42,602				39,118
Income from continuing operations before income taxes			25,782				18,283				18,551				14,605				12,303
Income tax expense			9,074				6,344				6,475				5,074				4,187
Income from continuing operations			16,708				11,939				12,076				9,531				8,116
Loss from discontinued operations (after-tax)			(54	)			(60	)			(22	)			(5	)			(54	)
Net income		$	16,654			$	11,879			$	12,054			$	9,526			$	8,062
Diluted EPS from continuing operations		$	.44			$	.31			$	.32			$	.25			$	.22
Diluted EPS		$	.43			$	.31			$	.32			$	.25			$	.22
Diluted shares			38,332,888				38,341,679				37,658,396				37,444,516				37,486,785
CONSOLIDATED BALANCE SHEET DATA
Total assets		$	6,709,338			$	6,061,046			$	6,448,179			$	6,344,916			$	5,961,472
Loans held for investment			5,164,293				4,711,424				4,711,330				4,483,204				4,462,830
Loans held for sale			1,122,330				811,400				1,194,209				1,399,208				997,150
Securities			157,821				171,990				185,424				202,177				227,029
Demand deposits			1,483,159				1,480,695				1,451,307				1,195,093				1,120,664
Total deposits			5,421,726				5,221,991				5,455,401				5,407,033				4,926,069
Other borrowings			561,902				133,995				300,387				270,628				376,646
Long-term debt			113,406				113,406				113,406				113,406				113,406
Stockholders’ equity			563,924				544,925				528,319				515,618				514,078
End of period shares outstanding			37,329,726				37,216,929				36,956,688				36,792,030				36,776,836
Book value (excluding securities gains/losses)		$	14.97			$	14.50			$	14.15			$	13.84			$	13.79
Tangible book value (excluding securities gains/losses)		$	14.41			$	14.25			$	13.89			$	13.58			$	13.53
SELECTED FINANCIAL RATIOS
From continuing operations
Net interest margin			4.86	%			4.46	%			4.12	%			4.27	%			4.32	%
Return on average assets			1.08	%			.78	%			.72	%			.62	%			.58	%
Return on average equity			12.13	%			8.91	%			9.04	%			7.23	%			6.33	%
Non-interest income to earning assets			.54	%			.53	%			.57	%			.55	%			.60	%
Efficiency ratio			57.3	%			64.3	%			59.3	%			60.3	%			59.3	%
Efficiency ratio (excluding OREO valuation/write-down)			56.3	%			59.7	%			56.2	%			55.1	%			58.5	%
Non-interest expense to earning assets			3.08	%			3.20	%			2.78	%			2.90	%			2.91	%
Tangible common equity to total tangible assets			8.0	%			8.8	%			8.0	%			7.9	%			8.4	%
Tier 1 capital ratio			10.2	%			11.2	%			10.6	%			10.7	%			11.0	%
Total capital ratio			11.3	%			12.5	%			11.8	%			11.9	%			12.3	%
Tier 1 leverage ratio			10.5	%			10.3	%			9.4	%			10.0	%			10.7	%

TEXAS CAPITAL BANCSHARES, INC.

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(Dollars in thousands)

		June 30,				June 30,				%
		2011				2010				Change
Assets
Cash and due from banks		$	89,326			$	93,159				(4	)%
Federal funds sold			—				27,990				(100	)%
Securities, available-for-sale			157,821				227,029				(30	)%
Loans held for sale			1,122,330				997,150				13	%
Loans held for sale from discontinued operations			396				582				(32	)%
Loans held for investment (net of unearned income)			5,164,293				4,462,830				16	%
Less: Allowance for loan losses			67,748				74,881				(10	)%
Loans held for investment, net			5,096,545				4,387,949				16	%
Premises and equipment, net			12,118				11,065				10	%
Accrued interest receivable and other assets			210,406				207,486				1	%
Goodwill and intangibles, net			20,792				9,644				116	%
Total assets		$	6,709,734			$	5,962,054				13	%
Liabilities and Stockholders’ Equity
Liabilities:
Deposits:
Non-interest bearing		$	1,483,159			$	1,120,664				32	%
Interest bearing			3,196,108				3,394,648				(6	)%
Interest bearing in foreign branches			742,459				410,757				81	%
Total deposits			5,421,726				4,926,069				10	%
Accrued interest payable			1,032				2,503				(59	)%
Other liabilities			47,744				29,352				63	%
Federal funds purchased			203,969				309,722				(34	)%
Repurchase agreements			14,634				13,812				6	%
Other borrowings			343,299				53,112				546	%
Trust preferred subordinated debentures			113,406				113,406				—
Total liabilities			6,145,810				5,447,976				13	%
Stockholders’ equity:
Preferred stock, $.01 par value, $1,000 liquidation value:
Authorized shares — 10,000,000
Issued shares			—				—
Common stock, $.01 par value:
Authorized shares — 100,000,000
Issued shares — 37,330,143 and 36,777,253 at June 30, 2011 and 2010, respectively			373				368				1	%
Additional paid-in capital			343,997				342,724				0	%
Retained earnings			214,340				164,227				31	%
Treasury stock (shares at cost: 417 at June 30, 2011 and 2010, respectively)			(8	)			(8	)			—
Accumulated other comprehensive income, net of taxes			5,222				6,767				(23	)%
Total stockholders’ equity			563,924				514,078				10	%
Total liabilities and stockholders’ equity		$	6,709,734			$	5,962,054				13	%

TEXAS CAPITAL BANCSHARES, INC.

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(Dollars in thousands except per share data)

		Three Months Ended								Six Months Ended
		June 30								June 30
		2011				2010				2011				2010
Interest income
Interest and fees on loans		$	73,509			$	64,935			$	141,549			$	126,504
Securities			1,680				2,491				3,526				5,217
Federal funds sold			5				40				33				42
Deposits in other banks			65				6				262				15
Total interest income			75,259				67,472				145,370				131,778
Interest expense
Deposits			3,417				8,420				8,288				16,178
Federal funds purchased			94				244				201				609
Repurchase agreements			2				2				4				6
Other borrowings			14				1				14				48
Trust preferred subordinated debentures			638				920				1,271				1,824
Total interest expense			4,165				9,587				9,778				18,665
Net interest income			71,094				57,885				135,592				113,113
Provision for credit losses			8,000				14,500				15,500				28,000
Net interest income after provision for credit losses			63,094				43,385				120,092				85,113
Non-interest income
Service charges on deposit accounts			1,608				1,539				3,391				3,022
Trust fee income			1,066				980				2,020				1,934
Bank owned life insurance (BOLI) income			539				481				1,062				952
Brokered loan fees			2,558				2,221				5,078				4,125
Equipment rental income			676				1,196				1,459				2,540
Other			1,504				1,619				2,625				2,411
Total non-interest income			7,951				8,036				15,635				14,984
Non-interest expense
Salaries and employee benefits			24,109				21,393				48,281				41,462
Net occupancy expense			3,443				3,032				6,753				6,046
Leased equipment depreciation			447				1,035				1,003				2,094
Marketing			2,733				1,101				4,856				1,888
Legal and professional			4,264				3,298				6,987				5,248
Communications and technology			2,584				2,186				4,931				4,112
FDIC insurance assessment			1,972				2,241				4,483				4,109
Allowance and other carrying costs for OREO			1,023				808				5,053				3,100
Other			4,688				4,024				9,315				8,245
Total non-interest expense			45,263				39,118				91,662				76,304
Income from continuing operations before income taxes			25,782				12,303				44,065				23,793
Income tax expense			9,074				4,187				15,418				8,077
Income from continuing operations			16,708				8,116				28,647				15,716
Loss from discontinued operations (after-tax)			(54	)			(54	)			(114	)			(109	)
Net income		$	16,654			$	8,062			$	28,533			$	15,607
Basic earnings per common share:
Income from continuing operations		$	.45			$	.22			$	.77			$	.43
Net income		$	.45			$	.22			$	.77			$	.43
Diluted earnings per common share:
Income from continuing operations		$	.44			$	.22			$	.75			$	.42
Net income		$	.43			$	.22			$	.74			$	.42

TEXAS CAPITAL BANCSHARES, INC.

SUMMARY OF LOAN LOSS EXPERIENCE
(Dollars in thousands)

		2nd Quarter				1st Quarter				4th Quarter				3rd Quarter				2nd Quarter
		2011				2011				2010				2010				2010
Reserve for loan losses:
Beginning balance		$	70,248			$	71,510			$	75,655			$	74,881			$	71,705
Loans charged-off:
Commercial			3,654				1,993				11,135				2,384				6,653
Real estate — construction			—				—				—				6,229				5,789
Real estate — term			6,424				7,364				5,751				3,000				—
Consumer			283				34				216				—				—
Leases			464				532				148				595				218
Total			10,825				9,923				17,250				12,208				12,660
Recoveries:
Commercial			143				546				47				76				30
Real estate — construction			—				243				—				1				—
Real estate — term			122				31				101				7				22
Consumer			3				1				2				2				—
Leases			26				150				75				8				55
Total recoveries			294				971				225				94				107
Net charge-offs			10,531				8,952				17,025				12,114				12,553
Provision for loan losses			8,031				7,690				12,880				12,888				15,729
Ending balance		$	67,748			$	70,248			$	71,510			$	75,655			$	74,881
Reserve for off-balance sheet credit losses:
Beginning balance		$	1,707			$	1,897			$	2,777			$	2,165			$	3,394
Provision (benefit) for off-balance sheet credit losses			(31	)			(190	)			(880	)			612				(1,229	)
Ending balance		$	1,676			$	1,707			$	1,897			$	2,777			$	2,165
Total reserves for credit losses		$	69,424			$	71,955			$	73,407			$	78,432			$	77,046
Total provision for credit losses		$	8,000			$	7,500				12,000			$	13,500			$	14,500
Reserve to loans held for investment(2)			1.31	%			1.49	%			1.52	%			1.69	%			1.68	%
Reserve to average loans held for investment(2)			1.39	%			1.49	%			1.58	%			1.68	%			1.68	%
Net charge-offs to average loans(1)(2)			.86	%			.77	%			1.49	%			1.07	%			1.13	%
Net charge-offs to average loans for last twelve months(1)(2)			1.06	%			1.11	%			1.14	%			.95	%			.73	%
Total provision for credit losses to average loans(1)(2)			.66	%			.64	%			1.05	%			1.19	%			1.30	%
Combined reserves for credit losses to loans held for investment(2)			1.34	%			1.53	%			1.56	%			1.75	%			1.73	%
Non-performing assets (NPAs):
Non-accrual loans		$	77,884			$	116,479			$	112,090			$	127,054			$	138,236
Other real estate owned (OREO) (4)			27,285				26,172				42,261				38,646				42,077
Total		$	105,169			$	142,651			$	154,351			$	165,700			$	180,313
Non-accrual loans to loans(2)			1.51	%			2.47	%			2.38	%			2.83	%			3.10	%
Total NPAs to loans plus OREO(2)			2.03	%			3.01	%			3.25	%			3.66	%			4.00	%
Reserve for loan losses to non-accrual loans			.9x				.6x				.6x				.6x				.5x
Restructured loans		$	23,540			$	22,219			$	4,319			$	—			$	—
Loans past due 90 days and still accruing(3)		$	10,333			$	2,529			$	6,706			$	2,428			$	13,962
Loans past due 90 days to loans(2)			.20	%			.05	%			.14	%			.05	%			.31	%

TEXAS CAPITAL BANCSHARES, INC.

CONSOLIDATED STATEMENT OF INCOME (UNAUDITED)
(Dollars in thousands)

		2nd Quarter				1st Quarter				4th Quarter				3rd Quarter				2nd Quarter
		2011				2011				2010				2010				2010
Interest income
Interest and fees on loans		$	73,509			$	68,040			$	73,206			$	70,293			$	64,935
Securities			1,680				1,846				2,018				2,246				2,491
Federal funds sold			5				28				118				50				40
Deposits in other banks			65				197				90				11				6
Total interest income			75,259				70,111				75,432				72,600				67,472
Interest expense
Deposits			3,417				4,871				8,371				8,760				8,420
Federal funds purchased			94				107				229				259				244
Repurchase agreements			2				2				1				3				2
Other borrowings			14				—				—				—				1
Trust preferred subordinated debentures			638				633				876				972				920
Total interest expense			4,165				5,613				9,477				9,994				9,587
Net interest income			71,094				64,498				65,955				62,606				57,885
Provision for credit losses			8,000				7,500				12,000				13,500				14,500
Net interest income after provision for credit losses			63,094				56,998				53,955				49,106				43,385
Non-interest income
Service charges on deposit accounts			1,608				1,783				1,708				1,662				1,539
Trust fee income			1,066				954				899				1,013				980
Bank owned life insurance (BOLI) income			539				523				482				455				481
Brokered loan fees			2,558				2,520				3,793				3,272				2,221
Equipment rental income			676				783				802				792				1,196
Other			1,504				1,121				1,494				907				1,619
Total non-interest income			7,951				7,684				9,178				8,101				8,036
Non-interest expense
Salaries and employee benefits			24,109				24,172				21,964				21,872				21,393
Net occupancy expense			3,443				3,310				3,140				3,128				3,032
Leased equipment depreciation			447				556				623				580				1,035
Marketing			2,733				2,123				2,198				1,333				1,101
Legal and professional			4,264				2,723				3,884				2,705				3,298
Communications and technology			2,584				2,347				2,143				2,256				2,186
FDIC insurance assessment			1,972				2,511				2,611				2,482				2,241
Allowance and other carrying costs for OREO			1,023				4,030				3,233				4,071				808
Other			4,688				4,627				4,786				4,175				4,024
Total non-interest expense			45,263				46,399				44,582				42,602				39,118
Income from continuing operations before income taxes			25,782				18,283				18,551				14,605				12,303
Income tax expense			9,074				6,344				6,475				5,074				4,187
Income from continuing operations			16,708				11,939				12,076				9,531				8,116
Loss from discontinued operations (after-tax)			(54	)			(60	)			(22	)			(5	)			(54	)
Net income		$	16,654			$	11,879			$	12,054			$	9,526			$	8,062

     

TEXAS CAPITAL BANCSHARES, INC.

QUARTERLY FINANCIAL SUMMARY — UNAUDITED
Consolidated Daily Average Balances, Average Yields and Rates
Continuing Operations
(Dollars in thousands)

		2nd Quarter 2011												1st Quarter 2011												4th Quarter 2010												3rd Quarter 2010												2nd Quarter 2010
		Average				Revenue/				Yield/				Average				Revenue/				Yield/				Average				Revenue/				Yield/				Average				Revenue/				Yield/				Average				Revenue/				Yield/
		Balance				Expense (1)				Rate				Balance				Expense (1)				Rate				Balance				Expense (1)				Rate				Balance				Expense (1)				Rate				Balance				Expense (1)				Rate
Assets
Securities — Taxable		$	127,269			$	1,346				4.24	%		$	140,007			$	1,500				4.35	%		$	155,180			$	1,666				4.26	%		$	173,835			$	1,890				4.31	%		$	193,542			$	2,126				4.41	%
Securities — Non-taxable(2)			35,804				514				5.76	%			37,154				532				5.81	%			37,848				541				5.67	%			38,357				548				5.67	%			39,635				562				5.69	%
Federal funds sold			14,303				5				0.14	%			44,322				28				0.26	%			241,907				118				0.19	%			107,404				50				0.18	%			91,564				40				0.18	%
Deposits in other banks			77,928				65				0.33	%			277,228				197				0.29	%			144,650				90				0.25	%			18,766				11				0.23	%			12,449				6				0.19	%
Loans held for sale			808,165				9,591				4.76	%			735,682				8,677				4.78	%			1,324,264				15,314				4.59	%			1,074,309				12,760				4.71	%			664,474				8,244				4.98	%
Loans held for investment			4,890,696				63,918				5.24	%			4,721,928				59,363				5.10	%			4,533,501				57,892				5.07	%			4,493,998				57,533				5.08	%			4,459,790				56,691				5.10	%
Less reserve for loan losses			68,031				—				—				70,142				—				—				74,580				—				—				74,810				—				—				71,536				—				—
Loans, net of reserve			5,630,830				73,509				5.24	%			5,387,468				68,040				5.12	%			5,783,185				73,206				5.02	%			5,493,497				70,293				5.08	%			5,052,728				64,935				5.15	%
Total earning assets			5,886,134				75,439				5.14	%			5,886,179				70,297				4.84	%			6,362,770				75,621				4.72	%			5,831,859				72,792				4.95	%			5,389,918				67,669				5.04	%
Cash and other assets			306,372												297,060												285,566												267,923												261,668
Total assets		$	6,192,506											$	6,183,239											$	6,648,336											$	6,099,782											$	5,651,586
Liabilities and Stockholders’ Equity
Transaction deposits		$	375,084			$	55				0.06	%		$	345,978			$	55				0.06	%		$	434,160			$	132				0.12	%		$	465,370			$	189				0.16	%		$	484,900			$	389				0.32	%
Savings deposits			2,465,118				1,700				0.28	%			2,469,435				2,371				0.39	%			2,511,343				3,978				0.63	%			2,222,431				4,228				0.75	%			2,054,199				4,047				0.79	%
Time deposits			541,337				1,351				1.00	%			709,604				1,921				1.10	%			1,022,509				3,068				1.19	%			955,703				3,044				1.26	%			832,973				2,808				1.35	%
Deposits in foreign branches			415,998				311				0.30	%			376,570				524				0.56	%			451,088				1,193				1.05	%			418,112				1,299				1.23	%			380,361				1,176				1.24	%
Total interest bearing deposits			3,797,537				3,417				0.36	%			3,901,587				4,871				0.51	%			4,419,100				8,371				0.75	%			4,061,616				8,760				0.86	%			3,752,433				8,420				0.90	%
Other borrowings			233,388				110				0.19	%			159,450				109				0.28	%			212,939				230				0.43	%			230,043				262				0.45	%			222,427				247				0.45	%
Trust preferred subordinated debentures			113,406				638				2.26	%			113,406				633				2.26	%			113,406				876				3.06	%			113,406				972				3.40	%			113,406				920				3.25	%
Total interest bearing liabilities			4,144,331				4,165				0.40	%			4,174,443				5,613				0.55	%			4,745,445				9,477				0.79	%			4,405,065				9,994				0.90	%			4,088,266				9,587				0.94	%
Demand deposits			1,455,366												1,417,734												1,337,213												1,142,735												1,024,292
Other liabilities			40,177												47,753												35,589												28,997												24,693
Stockholders’ equity			552,632												543,309												530,089												522,985												514,335
Total liabilities and stockholders’ equity		$	6,192,506											$	6,183,239											$	6,648,336											$	6,099,782											$	5,651,586
Net interest income						$	71,274											$	64,684											$	66,144											$	62,798											$	58,082
Net interest margin											4.86	%											4.46	%											4.12	%											4.27	%											4.32	%