Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 86

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 86
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 are larger than the Bank) and advances from the FHLB and the Federal Reserve. The following table summarizes short-term borrowings, all of which mature within one year:

(in thousands)September 30, 2025December 31, 2024Federal funds purchased$275,000 $— FHLB borrowings— 885,000 Total short-term borrowings$275,000 $885,000 

The following table summarizes the Company’s short-term borrowing capacities net of balances outstanding:

(in thousands)September 30, 2025December 31, 2024FHLB borrowing capacity relating to loans and pledged securities$2,841,660 $4,664,703 FHLB borrowing capacity relating to unencumbered securities4,451,240 4,189,993 Total FHLB borrowing capacity(1)$7,292,900 $8,854,696 Unused federal funds lines available from commercial banks$1,275,000 $1,370,000 Unused Federal Reserve borrowings capacity$9,362,692 $5,436,652 Unused revolving line of credit(2)$75,000 $75,000 

(1)FHLB borrowings are collateralized by a blanket floating lien on certain real estate secured loans and certain pledged securities.

(2)Unsecured revolving, non-amortizing line of credit with maturity date of February 8, 2026. Proceeds may be used for general corporate purposes, including funding regulatory capital infusions into the Bank. The loan agreement contains customary financial covenants and restrictions. No borrowings were made against this line of credit during the nine months ended September 30, 2025 or 2024.

The Company has long-term debt outstanding of $620.4 million as of September 30, 2025, comprised of trust preferred securities and subordinated notes with maturity dates ranging from January 2026 to December 2036. See Note 5 - Short-Term Borrowings and Long-Term Debt in the accompanying notes to the consolidated financial statements included elsewhere in this report for additional information. The Company may consider raising additional capital, if needed, in public or private offerings of debt or equity securities to supplement deposits and meet its long-term funding needs.

As the Company is a holding company and is a separate operating entity from the Bank, the Company’s primary sources of liquidity are dividends received from the Bank and borrowings from