Texas Capital Bank
Headquarters
2000 Mckinney Ave
Dallas, TX 75201
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Phone 214.932.6600
2024 Overview
General Bank Information
Texas Capital Bank is an FDIC insured institution located in Dallas, TX. It was founded in 1997 and has approximately $28.31 billion in assets. Customers can open an account at one of its 16 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 34383 |
| Date Established | 1997 |
| Assets | $ 28.31 billion |
| Loans | $ 20.13 billion |
| Deposits | $ 22.67 billion |
| Capital | $ 3.30 billion |
For a more detailed analysis of Texas Capital Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - April 24, 2024
Your Current Location: Ohio, OH 43085
Online Only Savings Rates of Bask Bank
| Online Savings Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Interest Savings Account
|
5.10% | $0 | - |
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|
Online Only CD Rates of Bask Bank
| Online CD Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 MONTH
|
5.15% | $1,000 | - |
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|
| 12 MONTH
|
5.20% | $1,000 | - |
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|
| 18 MONTH
|
4.50% | $1,000 | - |
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|
| 24 MONTH
|
4.50% | $1,000 | - |
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|
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Capital Checking | 0.10% | $1,500 | $10.00 | Learn More |
| Smart Checking | 0.00% | $0 | $0.00 | Learn More |
| Capital Interest Checking | 0.05% | $2,500 | $12.00 | Learn More |
Bank Online Offers
Bask's Interest Savings Account Rate is now 0.80% APY
Apr 2, 2022
Bask raised its interest savings account rate from 0.70% to 0.80% APY.
Bask Raises Its Online Savings Rate to 1.25%
May 5, 2022
This is the point where long-time account holders of Bask's AAdvantage program may want to start to seriously thinking about switching over the cash interest.
Bask Bank Raises Online Savings to 2.02% APY
Jul 20, 2022
Bask has raised its online savings rate to 2.02% APY. As of this moment, this is the highest nationally available online savings rate.
Bank Bank increases Its Online Savings Rate to 2.20% APY
Aug 16, 2022
Bask has raised its online savings rate again.
Bask Bank Raises Online Savings to 2.53% APY
Sep 12, 2022
Bask has raised its online savings rate by 33 BPS on September 12, 2022.
Bask Bank Raises Its Online Savings Rate to 2.75%
Sep 22, 2022
Bask Bank has raised its online savings rate from 2.53% to 2.75% in the aftermath of the Fed's move to raise the Fed Funds over 3%.
Bask Bank Raises Its Online Savings Rate to 3.05%
Oct 13, 2022
The bank has raised its online savings rate from 2.75% to 3.05% APY this morning.
Bask Bank's Online Savings Rate is Now 3.60% APY; CDs also Raised
Nov 4, 2022
Bask has raised its online rate to 3.60%. Its 6-month CD is at 4.00% and its 12-month CD is at 4.10%.
Bask Bank Raises Its Online Savings Rate to 3.85%
Nov 30, 2022
Bask Bank has raised its online savings rate from 3.60% to 3.85% APY today.
Bask Bank Raises Its Online Savings Rate to 4.03% APY
Dec 13, 2022
Bask Bank has raised its online savings rate to 4.03% APY this morning. It had previously been at 3.85%.
Bask Bank Raises Online Savings to 4.25% APY
Feb 4, 2023
Bask Bank's rate had previously stood at 4.15% APY.
Bask Bank also raised its 6-month and 12-month CD rate to 4.45% and 4.55%, respectively.
Bask Bank Raises Online Savings Rate to 4.35% APY
Mar 13, 2023
Bask Bank has raised its online savings rate by 10 basis points today.
Bask Bank Raises Interest Savings Rate to 4.45% APY
Mar 20, 2023
Bask raised its interest savings rate today by 10 basis points to 4.45% APY.
It also raised its 6-month and 12-month CD rates to 4.85% APY and 4.70% APY, respectively.
Bask Bank Raises Interest Savings Rate to 4.65% APY
Apr 12, 2023
Bask has raised its online savings rate by 20 basis points today.
Bask Raises Its Online Interest Savings Account by 10 basis points to 4.75% APY
Apr 27, 2023
Bask has raised its interest savings account to 4.75% APY.
Even for those valuing American Airlines miles highly, this rate is more superior to earning 2 AA miles per dollar per year in its mileage savings account.
Bask Bank Raises Interest Savings Rate to 5.00% APY
Jul 31, 2023
Bask Bank has raised its interest savings rate from 4.85% to 5.00% APY.
Bask's mileage savings program now offers 2.50 AA miles per year per dollar on deposit, and offers a 20,000 point bonus for $50,000 on deposit for more than 180 days.
Bask Bank Raises Its Online Interest Savings Account by 10 basis points to 5.10% APY
Oct 18, 2023
Bask continues to be a rate leader on the savings side and now offers an online rate slightly above many other well-known online banks.
Loan Rates - April 24, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Texas Capital Bank
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Monthly Payment |
Learn More |
|---|---|---|---|---|
NMLS ID: 401822 |
6.806% |
6.625% 0.88 points $6,000 fees |
$2,049 | Learn More |
NMLS ID: 2059741 |
6.905% |
6.750% 1.00 points $5,094 fees |
$2,076 | Learn More |
NMLS ID: 3030 |
7.451% |
7.375% 0.75 points $2,400 fees |
$2,211 | Learn More |
NMLS ID: 491986 |
points fees |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to Texas Capital Bank
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Branches
Texas Capital Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
Texas Capital Bank is a significant funding source for the oil and gas industry and has no climate action plan.
Updated April 3, 2024
In spite of its location in Austin, the bank has not financed any renewable energy project, has no climate action plan and remains a significant funding source for the oil and gas industry.
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Financial Details
Texas Capital Bank Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Texas Capital Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.
Texas Ratio
| Texas Capital Bank | U.S. Bank Average |
|---|---|
| 2.84% | 3.96% |
The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.
As of December 31, 2024, Texas Capital Bank had $100,921,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $3,302,689,000 in equity and $249,973,000 in loans loss reserves. That gives it a Texas Ratio of 2.84%.
Return on Equity
| Texas Capital Bank | U.S. Bank Average |
|---|---|
| 6.45% | 12.20% |
Texas Capital Bank has a Return on Equity of 6.45% versus the BestCashCow average of 12.20%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.
Capitalization
| Texas Capital Bank | U.S. Bank Average |
|---|---|
| 11.67% | 10.76% |
Texas Capital Bank has a Capitalization of 11.67% versus the BestCashCow average of 10.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.
Texas Capital Bank Balance Sheet Analysis
As of December 31, 2023, Texas Capital Bank had assets of $28,309,486,000, loans of $20,134,690,000, and deposits of $22,668,553,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.
Summary Balance Sheet
December 31, 2024| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 3.22 billion |
| Interest-bearing balances | $ 3.02 billion |
| Total securities | $ 4.12 billion |
| Federal funds sold and reverse repurchase | $ 17.51 million |
| Net loans and leases | $ 20.13 billion |
| Loan loss allowance | $ 249.97 million |
| Trading account assets | $ 32.94 million |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 2.15 million |
| All other assets | $ 544.25 million |
| Total Assets | $ 25.01 billion |
| LIABILITIES | |
|---|---|
| Total deposits | $ 22.67 billion |
| Interest-bearing deposits | $ 15.04 billion |
| Deposits held in domestic offices | $ 22.67 billion |
| % insured (estimated) | 57.17% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | $ 70.92 million |
| Other borrowed funds | $ 2.91 billion |
| Subordinated debt | $ 174.46 million |
| All other liabilities | $ 328.29 million |
| Total Liabilities | $ 25.01 billion |
| Shareholders’ Equity | $ 3.30 billion |
Summary Income Statement
December 31, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 1,694.38 million |
| Total Interest Expense | $ 694.25 million |
| Net interest income | $ 1,000.13 million |
| Provision for loan and lease losses | $ 72.00 million |
| Total non interest income | $ 92.84 million |
| Total non interest expense | $ 752.43 million |
| Pre-tax Net Operating Income | $ 116.46 million |
Bank Loan Profile?
The top three loan types in Texas Capital Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and Construction and Development Loans.
Compared to other banks in Texas, Texas Capital Bank has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
| % Loans |
% Comparison to Other Banks |
|||
|---|---|---|---|---|
| Low | Med | High | ||
| 1-4 Family Residential Loans | 1.72 | ✓ | ||
| Multifamily Mortgages |
2.81 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.00 | ✓ | ||
| Small Business Loans | 0.37 | ✓ | ||
| Construction and Development Loans | 8.97 | ✓ | ||
| Commercial Real Estate | 10.86 | ✓ | ||
| Commercial and Industrial Loans | 47.86 | ✓ | ||
| Farm Loans | 0.02 | ✓ | ||
Customer Reviews for Texas Capital Bank
6CellBattery
August 26, 2023 |
I have no issues with Bask Bank nor Texas Capital Bank. They provide good apy on savings and CD's, bank to keep funds secured so yes they do have strict security measures but if you don't like it than go to your local bank that pays 0.01 apy.
Most of the time, the user did something to cause there account to get locked out, like a rapid ach transfer out, well why would you open a savings account than just to transfer it out a month later?! Don't open an online savings account than and you'll be fine.
Is this review helpful? Yes:3 / No: 1
jhawk1500
September 21, 2022 |
I opened an account with Bask, a subsidiary of Texas Capital Bank, funded the account, and several days later, Bask "disabled" my account without notifying me or providing any explanation. In other words, they held my account funds hostage for weeks. Only after I initiated an FDIC investigation, did Bask make an effort to communicate. Bask never disclosed as to why they shut me out of my account. Don't do it! Bask, a subsidiary of Texas Capital Bank, is a despicable institution: not worth the risk or the stress.
Is this review helpful? Yes:11 / No: 3
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