Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 45

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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12,938)(12,938)Repurchase of common stock(59,234)(81,534)Net decrease in short-term borrowings(610,000)(465,000)Redemption of long-term debt(40,435)(200,000)Net cash provided by financing activities1,536,633 2,724,757 Net increase/(decrease) in cash and cash equivalents(123,983)948,735 Cash and cash equivalents at beginning of period3,188,808 3,242,850 Cash and cash equivalents at end of period$3,064,825 $4,191,585 Supplemental disclosures of cash flow informationCash paid during the period for interest$580,591 $672,199 Cash paid during the period for income taxes67,402 48,040 Transfers of loans from held for investment to held for sale— 18,411 

See accompanying notes to consolidated financial statements.

7

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - UNAUDITED

(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 and Municipal Securities Rulemaking Board.The Company was incorporated as a Delaware corporation in 1996 and commenced banking operations in 1998.Effective September 19, 2025, the Bank became a member of the Federal Reserve System. As a result, the Board of Governors of the Federal Reserve System assumed the role as the Bank’s primary federal regulator, succeeding the Federal Deposit Insurance Corporation. The Texas Department of Banking will continue to serve as the Bank’s primary state regulator.Basis of PresentationThe Company’s accounting and reporting policies conform to accounting principles generally accepted in the United States (“GAAP”) and