Company: TCBI
Filing Date: 2025-04-17
Form Type: 10-Q
Source: 0001077428-25-000078
Chunk: 5

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-04-17
Form: 10-Q
Item: Part I, Item 1
Chunk 5
---
Table of Contents

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

TEXAS CAPITAL BANCSHARES, INC.

CONSOLIDATED BALANCE SHEETS - UNAUDITED

(in thousands except share data)March 31, 2025December 31, 2024AssetsCash and due from banks$201,504 $176,501 Interest bearing cash and cash equivalents3,600,969 3,012,307 Available-for-sale debt securities3,678,378 3,524,686 Held-to-maturity debt securities779,354 796,168 Equity securities71,679 75,261 Trading securities1,808 — Investment securities4,531,219 4,396,115 Loans held for sale— — Loans held for investment, mortgage finance4,725,541 5,215,574 Loans held for investment17,654,243 17,234,492 Less: Allowance for credit losses on loans278,379 271,709 Loans held for investment, net22,101,405 22,178,357 Premises and equipment, net84,575 85,443 Accrued interest receivable and other assets854,581 881,664 Goodwill and intangibles, net1,496 1,496 Total assets$31,375,749 $30,731,883 Liabilities and Stockholders’ EquityLiabilities:Non-interest bearing deposits$7,874,780 $7,485,428 Interest bearing deposits18,178,254 17,753,171 Total deposits26,053,034 25,238,599 Accrued interest payable25,270 23,680 Other liabilities457,150 556,322 Short-term borrowings750,000 885,000 Long-term debt660,521 660,346 Total liabilities27,945,975 27,363,947 Stockholders’ equity:Preferred stock, $0.01 par value, $1,000 liquidation value:Authorized shares - 10,000,000Issued shares - 300,000 at March 31, 2025 and December 31, 2024300,000 300,000 Common stock, $0.01 par value:Authorized shares - 100,000,000Iss