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Texas Capital Bancshares Announces Operating Results for Q2 2006

Texas Capital Bancshares, Inc. (Nasdaq:TCBI), the parentcompany of Texas Capital Bank, announced earnings for the secondquarter of 2006.

-- Net income decreased 4%

-- EPS decreased 4%

-- Net income and EPS %'s remained unchanged versus Q2-2005 as adjusted for FAS 123R

-- Loans held for investment grew 34%

-- Total loans grew 34%

-- Demand deposits grew 12%

-- Total deposits grew 48%

"We are pleased by the strong growth in both loans and deposits inthe quarter," said Jody Grant, Chairman and CEO. "We are increasingmarket share with credit quality remaining our highest priority. Theprovision we incurred resulted primarily from exceptional loan growthfrom the beginning of 2006 and two specific credits. We have seen thatcertain newer and developing lines of business are performing underexpectation, and accordingly, we believe lowering our guidance for2006 net income to $29 million to $31 million is appropriate.

Synovus Reports 18.9% Increase in Net Income for Second Quarter ...

COLUMBUS, Ga.--(BUSINESS WIRE)--July 19, 2006--Synovus' (NYSE: SNV) second quarter earnings grew 18.9% over the second quarter 2005 to $152.8 million, which represented earnings per share growth of 15.0% to $.47 per share, Synovus' Chief Executive Officer Richard E. Anthony announced today.

"The first half of 2006 has confirmed our excellent growth momentum with the Synovus Financial Services segment providing the key drivers for an outstanding second quarter," said Anthony. "Excellent credit quality, strong loan growth, and margin expansion drove the earnings momentum in the quarter for the Financial Services segment."

Return on assets for the quarter was 2.07% and return on equity was 18.45% for the second quarter 2006, compared to 1.98% and 18.70%, respectively, in the same period last year.

Sterling Financial Corporation of Spokane, Washington, Announces ...

SPOKANE, Wash., Aug. 4 /PRNewswire-FirstCall/ -- Sterling Financial Corporation (Nasdaq: STSA - News) today announced that INTERVEST-Mortgage Investment Company ("INTERVEST"), a wholly owned subsidiary of Sterling Savings Bank, has acquired the servicing portfolio and other assets of Mason-McDuffie Financial Corporation, a well known mortgage banking operation in Northern California.

In connection with the transaction, which closed on July 31, 2006, INTERVEST acquired certain assets of the Mason-McDuffie Financial Corporation, including the name. The Mason-McDuffie name has been synonymous with real estate in the Northern California area since 1887. Located in Oakland, California, Mason-McDuffie services over $625,000,000 of commercial real estate loans for several life insurance companies.

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