Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 83

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 83
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 assets$66,879 $64,481 Accounts receivable and inventory4,949 6,315 Machinery and equipment132 2,729 Unsecured6 60 Highly liquid assets— 1,340 Other— 639 Total commercial71,966 75,564 Commercial real estate:Industrial buildings22,584 20,637 Commercial buildings1,534 — Office buildings— 14,000 Total commercial real estate24,118 34,637 Consumer:Single family residences— 964 Total consumer— 964 Total non-accrual loans held for investment96,084 111,165 Non-accrual loans held for sale— — Other real estate owned (“OREO”)— — Total non-performing assets$96,084 $111,165 Non-accrual loans held for investment to total loans held for investment0.40 %0.50 %Total non-performing assets to total assets0.30 %0.36 %Allowance for credit losses on loans to non-accrual loans held for investment2.9x2.4xLoans held for investment past due 90 days and accruing$126 $4,265 Loans held for investment past due 90 days to total loans held for investment— %0.02 %Loans held for sale past due 90 days and accruing$— $— 

Summary of Credit Loss Experience

The provision for credit losses, comprised of a provision for loans and off-balance sheet credit losses, is a charge to earnings to maintain the allowance for credit losses at a level consistent with management’s assessment of expected losses at each balance sheet date.

The Company recorded a provision for credit losses of $44.0 million for the nine months ended September 30, 2025, compared to a provision of $49.0 million for the nine months ended September 30, 2024. The provision for credit losses for the nine months ended September 30, 2025 reflects an increase in total loans held for investment and $36.5 million in net charge-offs recorded during the nine months ended September 30, 2025, partially offset by decreases in criticized loans and non-accrual loans. Criticized loans totaled $529.7 million at September 30, 2025, compared to $714.0