Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 141

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 8
Chunk 141
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954 $460,510 $5,346,704 $31,747,716 LiabilitiesInterest bearing customer deposits$17,541,388 $— $— $— $17,541,388 CDs750,714 1,471,246 48,937 3,515 2,274,412 Total interest bearing deposits18,292,102 1,471,246 48,937 3,515 19,815,800 Short-term borrowings275,000 — — — 275,000 Long-term debt113,406 507,010 — — 620,416 Total borrowings388,406 507,010 — — 895,416 Total interest sensitive liabilities$18,680,508 $1,978,256 $48,937 $3,515 $20,711,216 GAP$6,947,040 $(1,665,302)$411,573 $5,343,189 $— Cumulative GAP$6,947,040 $5,281,738 $5,693,311 $11,036,500 $11,036,500 Non-interest bearing deposits7,689,598 Stockholders’ equity3,637,098 Total$11,326,696 

(1)Available-for-sale debt securities, equity securities and trading securities based on fair market value.

(2)Total loans include gross loans held for investment and loans held for sale.

34

While a gap interest table is useful in analyzing interest rate sensitivity, an interest rate sensitivity simulation provides a better illustration of the sensitivity of earnings to changes in interest rates. Earnings are also affected by the effects of changing interest rates on the value of funding derived from non-interest bearing deposits and stockholders’ equity. Management performs a sensitivity analysis to identify interest rate risk exposure on net interest income. Management also quantifies and measures interest rate risk exposure using a model to dynamically simulate the effect of changes in net interest income relative to changes in interest rates over the next twelve months based on different interest rate scenarios. These are a static rate scenario and “shock test” scenarios, as described below.

These scenarios are based on interest rates as of the last day of a reporting period published by independent sources and incorporate relevant spreads of instruments that are actively traded in the open market. The Federal Reserve’s federal funds