Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 6

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 2
Chunk 6
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3.95 %11,878,646 427,733 4.81 %Time deposits2,282,419 77,711 4.55 %1,817,182 69,590 5.12 %Total interest bearing deposits18,408,141 530,513 3.85 %15,714,652 547,135 4.65 %Short-term borrowings364,641 12,224 4.48 %950,876 39,316 5.52 %Long-term debt643,274 23,534 4.89 %765,616 33,835 5.90 %Total interest bearing liabilities19,416,056 566,271 3.90 %17,431,144 620,286 4.75 %Non-interest bearing deposits8,141,135 8,910,067 Other liabilities496,644 535,221 Stockholders’ equity3,511,973 3,199,909 Total liabilities and stockholders’ equity$31,565,808 $30,076,341 Net interest income$762,682 $671,893 Net interest margin3.34 %3.07 %

(1)Taxable equivalent rates used where applicable.

(2)Yields on investment securities are calculated using available-for-sale securities at amortized cost.

(3)Average balances include non-accrual loans.

26

Volume/Rate Analysis

The following table presents the changes in taxable equivalent net interest income and identifies the changes due to differences in the average volume of earning assets and interest bearing liabilities and the changes due to differences in the average interest rate on those assets and liabilities.

Three Months Ended September 30,Nine Months Ended September 30, 2025/20242025/2024 NetChangeChange Due To(1)NetChangeChange Due To(1)(in thousands)VolumeYield/Rate(2)VolumeYield/Rate(2)Interest incomeInvestment securities$11,012 $2,689 $8,323 $37,848 $4,692 $33,156 Interest bearing cash and cash equivalents(20,535)(13,839)(6,696)(42,331)(19,501)(22,830)Loans held for sale(565)(565)— (2,430)(