Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 55

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 55
---
019 — 413 8 1,440 Net charge-offs (recoveries)35,992 — 518 (8)36,502 Ending balance$197,537 $8,699 $66,001 $1,789 $274,026 Nine Months Ended September 30, 2024Beginning balance$171,437 $4,173 $71,829 $2,534 $249,973 Allowance established for acquired PCD loans2,579 — — — 2,579 Provision for credit losses on loans54,529 1,290 (6,840)414 49,393 Charge-offs23,661 — 5,698 30 29,389 Recoveries587 — — — 587 Net charge-offs (recoveries)23,074 — 5,698 30 28,802 Ending balance$205,471 $5,463 $59,291 $2,918 $273,143 The Company recorded a $38.8 million provision for credit losses on loans for the nine months ended September 30, 2025, compared to $49.4 million for the same period of 2024. The $38.8 million provision for credit losses on loans resulted primarily from 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 million at December 31, 2024.A loan is considered collateral-dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. At September 30, 2025, the Company had $13.2 million in collateral-dependent commercial loans, collateralized by business assets, and $24.1 million in collateral-dependent commercial real estate loans, collateralized by real estate.The table below provides an age analysis of gross loans held for investment:(in thousands)30-59 DaysPast Due60-89 DaysPast Due90 Days or More Past DueTotal PastDueNon-accrual(1)CurrentTotalNon-accrual With No Allowance