Company: TCBI
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001077428-25-000136
Chunk: 135

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 8
Chunk 135
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 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 borrowings capacity$10,975,549 $5,436,652 Unused revolving line of credit(2)$75,000 $75,000 

(1)FHLB borrowings are collateralized by a blanket floating lien on certain real estate secured loans and certain pledged securities.

(2)Unsecured revolving, non-amortizing line of credit with maturity date of February 8, 2026. Proceeds may be used for general corporate purposes, including funding regulatory capital infusions into the Bank. The loan agreement contains customary financial covenants and restrictions. No borrowings were made against this line of credit during the six months ended June 30, 2025 or 2024.

The Company has long-term debt outstanding of $620.3 million as of June 30, 2025, comprised of trust preferred securities and subordinated notes with maturity dates ranging from January 2026 to December 2036. See Note 5 - Short-Term Borrowings and