Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 132

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 8
Chunk 132
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 also participates in shared national credits, both as a participant and as an agent. As of September 30, 2025, the Company had $5.9 billion in shared national credits, $1.0 billion of which the Company administered as agent. All syndicated loans, whether the Company acts as agent or participant, are underwritten to the same standards as all other loans the Company originates. As of September 30, 2025, approximately $32.1 million of the Company’s shared national credits were on non-accrual.

Portfolio Concentrations

Although more than 50% of the Company’s total loan exposure is outside of Texas and more than 50% of deposits are sourced outside of Texas, Texas concentration remains significant. As of September 30, 2025, a majority of the loans held for investment, excluding mortgage finance and other national lines of business, were to businesses with headquarters or operations in Texas. This geographic concentration subjects the Company’s loan portfolio to the general economic conditions within this state. The risks created by this concentration have been considered by management in determining the appropriateness of the allowance for credit losses.

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Non-performing Assets

Non-performing assets include non-accrual loans and leases, and repossessed assets. The table below summarizes non-accrual loans by portfolio segment and by type of property securing the credit. 

(dollars in thousands)September 30, 2025December 31, 2024Non-accrual loans held for investmentCommercial:Business assets$66,879 $64,481 Accounts receivable and inventory4,949 6,315 Machinery and equipment132 2,729 Unsecured6 60 Highly liquid assets— 1,340 Other— 639 Total commercial71,966 75,564 Commercial real estate:Industrial buildings22,584 20,637 Commercial buildings1,534 — Office buildings— 14,000 Total commercial real estate24,118 34,637 Consumer:Single family residences— 964 Total consumer— 964 Total non-accrual loans held for investment96,084 111,165 Non-accrual loans held for sale— — Other real estate owned (“OREO”)— — Total non-performing assets$96,084 $111,165 Non-accrual loans held for investment to total loans held for investment