Company: TCBI
Filing Date: 2025-04-17
Form Type: 10-Q
Source: 0001077428-25-000078
Chunk: 12

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-04-17
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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,649 13,341 (133,612)3,678,378 Held-to-maturity debt securities:Residential mortgage-backed securities779,354 — (93,692)685,662 Total held-to-maturity debt securities779,354 — (93,692)685,662 Equity securities71,679 Trading securities1,808 Total investment securities(2)$4,531,219 December 31, 2024Available-for-sale debt securities:U.S. Treasury securities$280,137 $— $(2,852)$277,285 Residential mortgage-backed securities3,195,145 7,200 (168,302)3,034,043 Commercial mortgage-backed securities206,830 — (5,398)201,432 CRT securities12,466 — (540)11,926 Total available-for-sale debt securities3,694,578 7,200 (177,092)3,524,686 Held-to-maturity securities:Residential mortgage-backed securities796,168 — (117,994)678,174 Total held-to-maturity securities796,168 — (117,994)678,174 Equity securities75,261 Total investment securities(2)$4,396,115 (1)    Excludes accrued interest receivable of $14.2 million and $13.8 million at March 31, 2025 and December 31, 2024, respectively, related to available-for-sale debt securities and $1.3 million and $1.3 million at March 31, 2025 and December 31, 2024, respectively, related to held-to-maturity debt securities that is recorded in accrued interest receivable and other assets on the consolidated balance sheets.(2)    Includes available-for-sale debt securities, equity securities and trading securities at estimated fair value and held-to-maturity debt securities at amortized cost.Debt SecuritiesThe Company did not sell any available-for-sale debt securities during the first three months of 2025 or 2024.The amortized cost and estimated fair value as of March 31, 2025, excluding accrued interest receivable, of available-for-sale and held-to-maturity debt securities are presented below by contractual maturity. Actual maturities may differ from contractual maturities of mortgage-backed securities because borrowers may have the right to call or