 Moodys Investors Service Moodys said that Texas Capital Bancshares, Inc.s long-term issuer rating Baa3 negative termination of its merger agreement with Independent Bank Group, Inc. as a result of the coronavirus pandemic is credit positive. The merger termination removes these additional risks, which is credit positive for Texas Capital but it has no immediate implications for its ratings and outlook, which remains negative. The unchanged assessment of Texas Capitals standalone credit profile is based on its good financial performance historically, which includes strong asset quality performance during the 2007-09 recession and 2015-17 energy downturn, as well as good operating efficiency. 