Company: TCBI
Filing Date: 2025-04-17
Form Type: 10-Q
Source: 0001077428-25-000078
Chunk: 63

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-04-17
Form: 10-Q
Item: Part I, Item 8
Chunk 63
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$7,543 $550 $4,037 $537 $8,784 $23,566 $44 $46,055 

11

The following table details activity in the allowance for credit losses on loans. Allocation of a portion of the allowance to one category does not preclude its availability to absorb losses in other categories.(in thousands)CommercialMortgageFinanceCommercial Real EstateConsumerTotalThree Months Ended March 31, 2025Beginning balance$198,423 $2,755 $68,825 $1,706 $271,709 Provision for credit losses on loans9,167 2,701 4,641 (42)16,467 Charge-offs10,197 — 500 — 10,697 Recoveries483 — 413 4 900 Net charge-offs (recoveries)9,714 — 87 (4)9,797 Ending balance$197,876 $5,456 $73,379 $1,668 $278,379 Three Months Ended March 31, 2024Beginning balance$171,437 $4,173 $71,829 $2,534 $249,973 Provision for credit losses on loans19,976 1,825 2,786 166 24,753 Charge-offs7,544 — 3,325 — 10,869 Recoveries105 — — — 105 Net charge-offs (recoveries)7,439 — 3,325 — 10,764 Ending balance$183,974 $5,998 $71,290 $2,700 $263,962 The Company recorded a $16.5 million provision for credit losses on loans for the three months ended March 31, 2025, compared to $24.8 million for the same period of 2024. The $16.5 million provision for credit losses on loans resulted primarily from an increase in criticized loans, $9.8 million in net charge-offs recorded during the three months ended March 31, 2025 and uncertainty in the economic outlook. Criticized loans totaled $762.9 million at March 31, 2025, compared to $714.0 million at December 31, 2024.A loan is considered collateral-dependent when