Company: TCBI
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0001077428-25-000036
Chunk: 31

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-02-11
Form: 10-K
Item: Item 8
Chunk 31
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001,690)Redemption of long-term debt(200,000)(75,000)— Net cash provided by/(used in) financing activities1,943,937 (387,672)(6,390,936)Net decrease in cash and cash equivalents(54,042)(1,769,410)(2,934,399)Cash and cash equivalents at beginning of period3,242,850 5,012,260 7,946,659 Cash and cash equivalents at end of period$3,188,808 $3,242,850 $5,012,260 Supplemental disclosures of cash flow informationCash paid during the period for interest$837,804 $773,034 $252,178 Cash paid during the period for income taxes52,815 71,941 128,435 Transfers of loans from held for investment to held for sale18,411 126,990 — Transfers of debt securities from available-for-sale to held-to-maturity— — 1,019,365 

See accompanying notes to consolidated financial statements.

55

(1) Operations and Summary of Significant Accounting Policies

Organization and Nature of BusinessTexas Capital Bancshares, Inc. (“TCBI” or the “Company”) is a registered bank holding company and a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. TCBI is headquartered in Dallas, with primary banking offices in Austin, Dallas, Fort Worth, Houston and San Antonio, and has built a network of clients across the country. The Company’s business activities are conducted primarily through its wholly-owned bank subsidiary Texas Capital Bank (the “Bank”) and its wholly-owned non-bank subsidiary, TCBI Securities Inc. (“TCBI Securities”). The Bank is a Texas state-chartered bank. TCBI Securities is a registered broker-dealer with the U.S. Securities and Exchange Commission (“SEC”) and a member of the Financial Industry Regulatory Authority (“FINRA”) and Municipal Securities Rulemaking Board (“MSRB”).The Company was incorporated as a Delaware corporation in 1996 and commenced banking operations in 1998.Basis of PresentationThe Company’s accounting and reporting policies conform to accounting principles generally accepted in the United States (“GAAP”) and to generally accepted practices within the banking industry. Certain prior period balances have been reclassified to conform to the current period presentation.Use of EstimatesThe preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect