Company: TCBI
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001077428-25-000136
Chunk: 69

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 1
Chunk 69
---
 income17,093 — 3,233 20,326 Total other comprehensive income17,958 69,452 3,233 90,643 Income tax expense4,055 15,682 730 20,467 Total other comprehensive income, net of tax13,903 53,770 2,503 70,176 Ending balance$(1,372)$(77,761)$(33,798)$(112,931)Six Months Ended June 30, 2024Beginning balance$(45,749)$(273,806)$(42,449)$(362,004)Change in unrealized gain/(loss)(36,611)(19,671)— (56,282)Amounts reclassified into net income36,120 — 3,413 39,533 Total other comprehensive income/(loss)(491)(19,671)3,413 (16,749)Income tax expense/(benefit)(1,025)(9,918)(78)(11,021)Total other comprehensive income/(loss), net of tax534 (9,753)3,491 (5,728)Ending balance$(45,215)$(283,559)$(38,958)$(367,732)

(12) New Accounting Standards 

Accounting Standards Update 2025-03 “Business Combinations (Topic 805) and Consolidation (Topic 810): Determining the Accounting Acquirer in the Acquisition of a Variable Interest Entity” (“ASU 2025-03”) amends the guidance to improve the requirements for identifying the accounting acquirer in a business combination in which the legal acquiree is a variable interest entity (“VIE”). The amendments require entities to consider the general accounting acquirer factors in Topic 805 when the transaction is primarily effected by the exchange of equity interests. ASU 2025-03 will be effective for the Company beginning January 1, 2027 for the Company’s interim and annual financial statements on Forms 10-Q and 10-K, respectively and is not expected to have a significant impact on the Company’s financial statements.Accounting Standards Update 2025-04 “Compensation - Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Clarifications to Share-Based Consideration Payable to a Customer” (“ASU 2025-04”) clarifies the guidance on the accounting for share-based payment awards that are granted by an entity as consideration