Company: TCBI
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001077428-25-000136
Chunk: 85

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 1
Chunk 85
---
 as much of its funding as possible from customer deposits, which are generated through digital acquisition or as a result of development of long-term customer relationships, with a significant focus on treasury management products. In addition, the Company also has access to deposits through brokered channels. The following table summarizes period-end total deposits:

June 30, 2025December 31, 2024(dollars in thousands)Balance% of TotalBalance% of TotalCustomer deposits$25,858,066 99.2 %$24,704,091 97.9 %Brokered deposits206,243 0.8 %534,508 2.1 %Total deposits$26,064,309 100.0 %$25,238,599 100.0 %

32

Estimated uninsured deposits, including accrued interest, were 41% of total deposits at both June 30, 2025 and December 31, 2024. The uninsured amounts are estimated based on the methodologies and assumptions used for the Bank’s regulatory reporting requirements.

The Company has short-term borrowing sources available to supplement deposits and meet its funding needs. Such borrowings are generally used to fund mortgage finance loans, due to their liquidity, short duration and interest spreads available. These borrowing sources include federal funds purchased from downstream correspondent bank relationships (which consist of banks that are smaller than the Bank) and from upstream correspondent bank relationships (which consist of banks that are larger than the Bank) and advances from the FHLB and the Federal Reserve. The following table summarizes short-term borrowings, all of which mature within one year:

(in thousands)June 30, 2025December 31, 2024FHLB borrowings$1,250,000 $885,000 Total short-term borrowings$1,250,000 $885,000 

The following table summarizes the Company’s short-term borrowing capacities net of balances outstanding:

(in thousands)June 30, 2025December 31, 2024FHLB borrowing capacity relating to loans and pledged securities$1,624,083 $4,664,703 FHLB borrowing capacity relating to unencumbered securities4,436,475 4,189,993 Total FHLB borrowing capacity(1)$6,060,558 $8,854,696 Unused federal funds lines available from commercial banks$1,570,000 $1,370,000 Unused Federal Reserve borrow