Company: TCBI
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001077428-25-000136
Chunk: 55

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 1
Chunk 55
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810 $277,648 Six Months Ended June 30, 2024Beginning balance$171,437 $4,173 $71,829 $2,534 $249,973 Provision for credit losses on loans26,200 1,445 12,245 153 40,043 Charge-offs17,541 — 5,436 — 22,977 Recoveries258 — — — 258 Net charge-offs (recoveries)17,283 — 5,436 — 22,719 Ending balance$180,354 $5,618 $78,638 $2,687 $267,297 The Company recorded a $28.7 million provision for credit losses on loans for the six months ended June 30, 2025, compared to $40.0 million for the same period of 2024. The $28.7 million provision for credit losses on loans resulted primarily from an increase in total loans held for investment and $22.8 million in net charge-offs recorded during the six months ended June 30, 2025, partially offset by a decline in criticized loans. Criticized loans totaled $637.5 million at June 30, 2025, compared to $714.0 million at December 31, 2024.A loan is considered collateral-dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. At June 30, 2025, the Company had $4.1 million in collateral-dependent commercial loans, collateralized by business assets, and $22.9 million in collateral-dependent commercial real estate loans, collateralized by real estate.The table below provides an age analysis of gross loans held for investment:(in thousands)30-59 DaysPast Due60-89 DaysPast Due90 Days or More Past DueTotal PastDueNon-accrual(1)CurrentTotalNon-accrual With No AllowanceJune 30, 2025Commercial$2,418 $4,278 $1,775 $8,471 $90,357 $11,831,840 $11,930,668 $5,628 Mortgage finance— — — — — 5,889,589 5,889,589 — Commercial real estate