Company: TCBI
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0001077428-25-000036
Chunk: 78

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-02-11
Form: 10-K
Item: Item 8
Chunk 78
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,449)$(362,004)Change in unrealized gain/(loss)(28,672)(2,883)— (31,555)Amounts reclassified into net income66,852 179,581 6,844 253,277 Total other comprehensive income/(loss)38,180 176,698 6,844 221,722 Income tax expense/(benefit)7,706 34,423 696 42,825 Total other comprehensive income/(loss), net of tax30,474 142,275 6,148 178,897 Ending balance$(15,275)$(131,531)$(36,301)$(183,107)Year Ended December 31, 2023Beginning balance$(66,394)$(304,309)$(48,240)$(418,943)Change in unrealized gain/(loss)(34,778)39,101 — 4,323 Amounts reclassified into net income60,911 (489)7,330 67,752 Total other comprehensive income/(loss)26,133 38,612 7,330 72,075 Income tax expense/(benefit)5,488 8,109 1,539 15,136 Total other comprehensive income/(loss), net of tax20,645 30,503 5,791 56,939 Ending balance$(45,749)$(273,806)$(42,449)$(362,004)

(16) Related Party Transactions

During 2024 and 2023, the Company had transactions with its directors, executive officers and their affiliates. These transactions were made in the ordinary course of business and include extensions of credit and deposit transactions, all made on substantially the same terms as the then prevailing market and credit terms extended to other customers.

(17) Parent Company Only

Summarized financial information for Texas Capital Bancshares, Inc. are as follows:Balance Sheet December 31,(in thousands)20242023AssetsCash and cash equivalents$205,377 $301,672 Investment securities38,683 18,845 Investment in subsidiaries3,604,699 3,306,095 Other assets29,389 55,949 Total assets$3,878,148 $3,682,561 Liabilities and Stockholders’ EquityLiabilities:Other liabilities$50,050 $23,695 Long-term