Company: TCBI
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001077428-25-000136
Chunk: 98

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 8
Chunk 98
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 and held-to-maturity debt securities are presented below by contractual maturity. Actual maturities may differ from contractual maturities of mortgage-backed securities because borrowers may have the right to call or prepay obligations with or without prepayment penalties.Available-for-saleHeld-to-maturity(in thousands)Amortized CostFair ValueAmortized CostFair ValueDue within one year$— $— $— $— Due after one year through five years— — — — Due after five years through ten years254,523 255,531 — — Due after ten years3,620,059 3,518,610 761,907 674,663 Total$3,874,582 $3,774,141 $761,907 $674,663 

9

The table below presents the weighted average yields for the Company’s available-for-sale debt securities as of June 30, 2025. Weighted average yields are calculated based on amortized cost on a tax-exempt basis assuming a 21% federal tax rate, where applicable.Residential mortgage-backed securitiesCommercial mortgage-backed securitiesCRT securitiesDue within one year— %— %— %Due after one year through five years— — — Due after five years through ten years3.90 4.81 4.44 Due after ten years4.68 — — Total4.68 %4.81 %4.44 %The following table discloses the Company’s available-for-sale debt securities that have been in a continuous unrealized loss position for less than 12 months and those that have been in a continuous unrealized loss position for 12 or more months:Less Than 12 Months12 Months or LongerTotal(in thousands)Fair ValueUnrealized LossFair ValueUnrealized LossFair ValueUnrealized LossJune 30, 2025Residential mortgage-backed securities$888,175 $(3,438)$1,258,369 $(115,275)$2,146,544 $(118,713)Commercial mortgage-backed securities158,266 (621)— — 158,266 (621)CRT securities— — 11,367 (462)11,367 (462)Total$1,046,441 $(4,059)$1,269,736 $(115,737)$2,316,177 $(119,796)December