Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 108

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 8
Chunk 108
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 $30,496 

(5) Short-Term Borrowings and Long-Term Debt

The table below presents a summary of short-term borrowings:(in thousands)September 30, 2025December 31, 2024Federal funds purchased$275,000 $— Federal Home Loan Bank borrowings— 885,000 Total short-term borrowings$275,000 $885,000 

The table below presents a summary of long-term debt:(in thousands)September 30, 2025December 31, 2024Bank-issued 5.25% fixed rate subordinated notes due 2026$134,459 $174,717 Company-issued 4.00% fixed rate subordinated notes due 2031372,551 372,223 Trust preferred floating rate subordinated debentures due 2032 to 2036113,406 113,406 Total long-term debt$620,416 $660,346 During the second quarter of 2025, the Company partially paid down $40.5 million of the bank-issued 5.25% fixed rate subordinated notes due 2026.

(6) Financial Instruments with Off-Balance Sheet Risk

The table below presents the Company’s financial instruments with off-balance sheet risk, as well as the activity in the allowance for off-balance sheet credit losses related to those financial instruments.(in thousands)CommercialMortgageFinanceCommercialReal EstateConsumerTotalNine Months Ended September 30, 2025Beginning balance$47,907 $23 $5,351 $51 $53,332 Provision for off-balance sheet credit losses5,717 2 (522)(16)5,181 Ending balance$53,624 $25 $4,829 $35 $58,513 Nine Months Ended September 30, 2024Beginning balance$36,040 $6 $10,147 $169 $46,362 Provision for off-balance sheet credit losses5,701 26 (6,100)(20)(393)Ending balance$41,741 $32 $4,047 $149 $45,969 (in thousands)September 30, 2025December 31, 2024Commitments to extend credit - period end balance$11,063,858 $9,694,406 Standby