Company: TCBI
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001077428-25-000136
Chunk: 97

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 8
Chunk 97
---
 Held-to-maturity debt securities:Residential mortgage-backed securities761,907 — (87,244)674,663 Total held-to-maturity debt securities761,907 — (87,244)674,663 Equity securities68,692 Trading securities3,888 Total investment securities(2)$4,608,628 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 $15.6 million and $13.8 million at June 30, 2025 and December 31, 2024, respectively, related to available-for-sale debt securities and $1.2 million and $1.3 million at June 30, 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 SecuritiesDuring the second quarter of 2025, the Company sold available-for-sale debt securities with an amortized cost basis of $287.5 million, realizing a loss of $1.9 million, and repositioned the proceeds into purchases of available-for-sale residential mortgage-backed securities. The Company did not sell any available-for-sale debt securities during the first six months of 2024.The amortized cost and estimated fair value as of June 30, 2025, excluding accrued interest receivable, of available-for-sale