Dallas-based Texas Capital Bancshares Inc. reported net income available to common stockholders of $85.7 million, or $1.70 per share, compared to $83.1 million, or $1.65 per share, a year ago.

The S&P Global Market Intelligence consensus estimate for GAAP EPS for the third quarter was $1.51.

The company's net interest margin for the quarter was 3.16%, down 25 basis points from 3.41% in the previous quarter and down 54 basis points from 3.70% a year ago.

The bank recorded an $11 million credit loss provision for the quarter, down from $27.0 million in the previous quarter and $13.0 million in the year-ago period. Texas Capital reported $36.9 million in net charge-offs for the third quarter, compared to $20.0 million in the second quarter and $2.0 million in the third quarter of 2018.

Noninterest expense for the quarter increased $7.8 million, or 6%, compared to the second quarter and increased $13.2 million, or 10%, compared to the third quarter of 2018.

The bank's total loans were at $27.40 billion at the end of the quarter, up from $23.70 billion in the year-ago quarter.

The bank's deposits stood at $27.41 billion, up from $20.39 billion in the year-ago quarter.