Company: TCBI
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001077428-25-000136
Chunk: 108

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 8
Chunk 108
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ings$1,250,000 $885,000 Total short-term borrowings$1,250,000 $885,000 

The table below presents a summary of long-term debt:(in thousands)June 30, 2025December 31, 2024Bank-issued 5.25% fixed rate subordinated notes due 2026134,408 174,717 Company-issued 4.00% fixed rate subordinated notes due 2031372,442 372,223 Trust preferred floating rate subordinated debentures due 2032 to 2036113,406 113,406 Total long-term debt$620,256 $660,346 

During the second quarter of 2025, the Company partially paid down $40.5 million of the bank-issued 5.25% fixed rate subordinated notes due 2026.

(6) Financial Instruments with Off-Balance Sheet Risk

The table below presents the Company’s financial instruments with off-balance sheet risk, as well as the activity in the allowance for off-balance sheet credit losses related to those financial instruments.(in thousands)CommercialMortgageFinanceCommercialReal EstateConsumerTotalSix Months Ended June 30, 2025Beginning balance$47,907 $23 $5,351 $51 $53,332 Provision for off-balance sheet credit losses4,075 7 (767)(16)3,299 Ending balance$51,982 $30 $4,584 $35 $56,631 Six Months Ended June 30, 2024Beginning balance$36,040 $6 $10,147 $169 $46,362 Provision for off-balance sheet credit losses1,222 23 (2,363)75 (1,043)Ending balance$37,262 $29 $7,784 $244 $45,319 (in thousands)June 30, 2025December 31, 2024Commitments to extend credit - period end balance$10,488,980 $9,694,406 Standby letters of credit - period end balance548,540 538,047 

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(7) Regulatory Ratios and Capital

The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory