Company: TCBI
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0001077428-25-000036
Chunk: 75

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-02-11
Form: 10-K
Item: Item 8
Chunk 75
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885,000 — Long-term debt660,346 622,713 — 622,713 — Securities sold not yet purchased33,705 33,705 33,705 — — Derivative liabilities57,906 57,906 — 57,906 — December 31, 2023Financial assets:Cash and cash equivalents$3,242,850 $3,242,850 $3,242,850 $— $— Available-for-sale debt securities3,225,892 3,225,892 636,473 2,577,424 11,995 Held-to-maturity debt securities865,477 763,844 — 763,844 — Equity securities51,825 51,825 40,661 11,164 — Loans held for sale44,105 44,105 15,000 29,105 — Loans held for investment, net20,090,585 20,050,974 — — 20,050,974 Derivative assets32,944 32,944 — 32,944 — Financial liabilities:Total deposits22,371,839 22,379,452 — — 22,379,452 Short-term borrowings1,500,000 1,500,000 — 1,500,000 — Long-term debt859,147 801,309 — 801,309 — Securities sold not yet purchased10,602 10,602 10,602 — — Derivative liabilities70,917 70,917 — 70,917 — 

80

(14) Derivative Financial Instruments

The notional amounts and estimated fair values of derivative positions outstanding are presented in the following table.  December 31, 2024December 31, 2023Estimated Fair ValueEstimated Fair Value(in thousands)NotionalAmountAsset DerivativeLiability DerivativeNotionalAmountAsset DerivativeLiability DerivativeDerivatives designated as hedgesCash flow hedges:Interest rate contracts:Swaps hedging loans$2,600,000 $254 $23,265 $2,850,000 $668 $57,961 Non-hedging derivativesCustomer-initiated and other derivatives:Foreign currency forward contracts485,948