Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 69

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 69
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 — 101,226 Amounts reclassified into net income21,618 — 4,880 26,498 Total other comprehensive income22,561 100,283 4,880 127,724 Income tax expense5,095 22,644 1,102 28,841 Total other comprehensive income, net of tax17,466 77,639 3,778 98,883 Ending balance$2,191 $(53,892)$(32,523)$(84,224)Nine Months Ended September 30, 2024Beginning balance$(45,749)$(273,806)$(42,449)$(362,004)Change in unrealized gain/(loss)(17,762)71,329 — 53,567 Amounts reclassified into net income54,371 179,581 5,180 239,132 Total other comprehensive income36,609 250,910 5,180 292,699 Income tax expense7,352 51,179 321 58,852 Total other comprehensive income, net of tax29,257 199,731 4,859 233,847 Ending balance$(16,492)$(74,075)$(37,590)$(128,157)

(12) New Accounting Standards 

Accounting Standards Update 2025-05 “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets” (“ASU 2025-05”) provides certain entities with an additional practical expedient and an accounting policy election for estimating expected credit losses on current accounts receivable and current contract assets arising from revenue transactions accounted for under Topic 606, Revenue from Contracts with Customers. ASU 2025-05 will be effective for the Company beginning January 1, 2026 for the Company’s interim and annual financial statements on Forms 10-Q and 10-K, respectively, with early adoption permitted and is not expected to have a significant impact on the Company’s financial statements.Accounting Standards Update 2025-06 “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): (“ASU 2025-06”) removes all references to prescriptive and sequential software development stages and clarifies that the threshold for when an entity is required to start capitalizing software costs is when (1) management has authorized and committed to funding the software