Company: TCBI
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001077428-25-000136
Chunk: 50

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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 accumulated other comprehensive income/loss, net (“AOCI”). Held-to-maturity securities consist of government guaranteed securities for which no loss is expected. At June 30, 2025 and December 31, 2024, no allowance for credit losses was established for available-for-sale or held-to-maturity debt securities.At June 30, 2025 and December 31, 2024, debt securities with carrying values of approximately $962,000 and $940,000, respectively, were pledged to secure certain customer deposits.Equity SecuritiesEquity securities consist of investments that qualify for consideration under the regulations implementing the Community Reinvestment Act and investments in exchange traded funds. The following is a summary of unrealized and realized gains/(losses) recognized on equity securities included in other non-interest income on the consolidated statements of income and other comprehensive income:Three Months Ended June 30,Six Months Ended June 30,(in thousands)2025202420252024Net gains/(losses) recognized during the period$1,604 $(59)$(104)$3,975 Less: Realized net gains/(losses) recognized on securities sold703 59 1,031 371 Unrealized net gains/(losses) recognized on securities still held$901 $(118)$(1,135)$3,604 

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(4) Loans and Allowance for Credit Losses on Loans

Loans are summarized by portfolio segment as follows:(in thousands)June 30, 2025December 31, 2024Loans held for investment(1):Commercial$11,930,668 $11,145,591 Mortgage finance5,889,589 5,215,574 Commercial real estate5,665,100 5,616,282 Consumer540,837 565,376 Gross loans held for investment24,026,194 22,542,823 Unearned income (net of direct origination costs)(100,660)(92,757)Total loans held for investment23,925,534 22,450,066 Allowance for credit losses on loans(277,648)(271,709)Total loans held for investment, net$23,647,886 $22,178,357 (1)    Excludes accrued interest receivable of $101.9 million and $107.3 million at June 30, 2025 and December 31, 2024,