Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 50

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 50
---
 were acquired rather than the credit quality of the issuers or underlying loans. The Company does not currently intend to sell and based on current conditions it does not believe it is likely that the Company will be required to sell these available-for-sale debt securities before recovery of the amortized cost of such securities in an unrealized loss position and has therefore recorded the unrealized losses related to this portfolio in accumulated other comprehensive income/loss, net (“AOCI”). Held-to-maturity securities consist of government guaranteed securities for which no loss is expected. At September 30, 2025 and December 31, 2024, no allowance for credit losses was established for available-for-sale or held-to-maturity debt securities.At September 30, 2025 and December 31, 2024, debt securities with carrying values of approximately $951,000 and $940,000, respectively, were pledged to secure certain customer deposits.

10

Equity SecuritiesThe 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 September 30,Nine Months Ended September 30,(in thousands)2025202420252024Net gains/(losses) recognized during the period$2,369 $2,752 $2,265 $6,727 Less: Realized net gains/(losses) recognized on securities sold831 482 1,862 853 Unrealized net gains/(losses) recognized on securities still held$1,538 $2,270 $403 $5,874 

(4) Loans and Allowance for Credit Losses on Loans

Loans are summarized by portfolio segment as follows:(in thousands)September 30, 2025December 31, 2024Loans held for investment(1):Commercial$11,999,025 $11,145,591 Mortgage finance6,057,804 5,215,574 Commercial real estate5,696,720 5,616,282 Consumer540,126 565,376 Gross loans held for investment24,293,675 22,542,823 Unearned income (net of direct origination costs)(101,812)(92,757)Total loans held for investment24,191,863 22,450,066 Allowance for credit losses on loans(274,026)(271,709)Total