Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 80

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 80
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5 from 2.97% for the same period in 2024 and total funding costs, including non-interest bearing deposits and stockholders' equity, decreased to 2.44% for the nine months ended September 30, 2025, compared to 2.80% for the same period in 2024. 

Non-interest Income 

Three Months Ended September 30,Nine Months Ended September 30,(in thousands)2025202420252024Service charges on deposit accounts$8,111 $6,307 $24,133 $18,557 Wealth management and trust fee income3,989 4,040 11,683 11,306 Brokered loan fees2,419 2,400 6,766 6,442 Investment banking and advisory fees33,985 34,753 74,572 78,225 Trading income7,238 5,786 21,073 16,148 Available-for-sale debt securities losses— (179,581)(1,886)(179,581)Other12,841 11,524 30,755 25,875 Total non-interest income$68,583 $(114,771)$167,096 $(23,028)

Non-interest income increased $183.4 million during the three months ended September 30, 2025, compared to the same period in 2024, primarily due to the inclusion of a $179.6 million loss on sale of available-for-sale debt securities recognized during the third quarter of 2024, as well as increases in service charges on deposit accounts, trading income and other non-interest income.

Non-interest income was $167.1 million for the nine months September 30, 2025, a $190.1 million increase as compared to the same period in 2024, primarily due to the inclusion of the $179.6 million loss on sale of available-for-sale debt securities recognized during the third quarter of 2024 mentioned above, as well as increases in service charges on deposit accounts, trading income and other non-interest income, partially offset by a decrease in investment banking and advisory fees.

Non-interest Expense 

Three Months Ended September 30,Nine Months Ended September 30,(in thousands)2025202420252024Salaries and benefits$119,856 $121,138 $371,651 $368,705 Occupancy expense11,828 12,937