Company: TCBI
Filing Date: 2025-04-17
Form Type: 10-Q
Source: 0001077428-25-000078
Chunk: 13

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-04-17
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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 prepay obligations with or without prepayment penalties.Available-for-saleHeld-to-maturity(in thousands)Amortized CostFair ValueAmortized CostFair ValueDue within one year$282,053 $280,099 $— $— Due after one year through five years— — — — Due after five years through ten years230,060 229,911 — — Due after ten years3,286,536 3,168,368 779,354 685,662 Total$3,798,649 $3,678,378 $779,354 $685,662 

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The table below presents the weighted average yields for the Company’s available-for-sale debt securities for the three months ended March 31, 2025. Weighted average yields are calculated based on amortized cost on a tax-exempt basis assuming a 21% federal tax rate, where applicable.U.S. Treasury securitiesResidential mortgage-backed securitiesCommercial mortgage-backed securitiesCRT securitiesDue within one year3.13 %— %— %— %Due after one year through five years— — — — Due after five years through ten years— 3.87 4.83 4.44 Due after ten years— 4.62 4.35 — Total3.13 %4.62 %4.79 %4.44 %The following table discloses the Company’s available-for-sale debt securities that have been in a continuous unrealized loss position for less than 12 months and those that have been in a continuous unrealized loss position for 12 or more months:Less Than 12 Months12 Months or LongerTotal(in thousands)Fair ValueUnrealized LossFair ValueUnrealized LossFair ValueUnrealized LossMarch 31, 2025U.S. Treasury securities$— $— $280,099 $(1,954)$280,099 $(1,954)Residential mortgage-backed securities1,338,655 (4,822)1,289,319 (124,739)2,627,974 (129,561)Commercial mortgage-backed securities155,810 (1,526)— — 155,810 (1,526)CRT securities— — 11,594 (571)11,594 (571)Total$1,494,465 $(