TEXAS CAPITAL BANCSHARES INCTX
For the period ended Sep 30, 2024. Filed Oct 17, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 17, 2024
TCBI$101.03-2.0%Stored close · as of Nov 6, 2026
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Financial Statements - Unaudited Consolidated Balance Sheets
PART I - FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
CONSOLIDATED BALANCE SHEETS - UNAUDITED
| (in thousands except share data) | September 30, 2024 | December 31, 2023 |
|---|---|---|
| Assets | ||
| Cash and due from banks | $297,048 | $200,493 |
| Interest bearing cash and cash equivalents | 3,894,537 | 3,042,357 |
| Available-for-sale debt securities | 3,518,662 | 3,225,892 |
| Held-to-maturity debt securities | 812,432 | 865,477 |
| Equity securities | 74,426 | 51,825 |
| Investment securities | 4,405,520 | 4,143,194 |
| Loans held for sale | 9,022 | 44,105 |
| Loans held for investment, mortgage finance | 5,529,659 | 3,978,328 |
| Loans held for investment | 16,764,512 | 16,362,230 |
| Less: Allowance for credit losses on loans | 273,143 | 249,973 |
| Loans held for investment, net | 22,021,028 | 20,090,585 |
| Premises and equipment, net | 81,577 | 32,366 |
| Accrued interest receivable and other assets | 919,071 | 801,670 |
| Goodwill and intangibles, net | 1,496 | 1,496 |
| Total assets | $31,629,299 | $28,356,266 |
| Liabilities and Stockholders’ Equity | ||
| Liabilities: | ||
| Non-interest bearing deposits | $9,070,804 | $7,328,276 |
| Interest bearing deposits | 16,794,451 | 15,043,563 |
| Total deposits | 25,865,255 | 22,371,839 |
| Accrued interest payable | 18,679 | 33,234 |
| Other liabilities | 696,149 | 392,904 |
| Short-term borrowings | 1,035,000 | 1,500,000 |
| Long-term debt | 660,172 | 859,147 |
| Total liabilities | 28,275,255 | 25,157,124 |
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value, $1,000 liquidation value: | ||
| Issued shares - 300,000 at September 30, 2024 and December 31, 2023 | 300,000 | 300,000 |
| Common stock, $0.01 par value: | ||
| Issued shares - 51,494,260 and 51,142,979 at September 30, 2024 and December 31, 2023, respectively | 515 | 511 |
| Additional paid-in capital | 1,054,614 | 1,045,576 |
| Retained earnings | 2,428,940 | 2,435,393 |
| Treasury stock - 5,286,503 and 3,905,067 shares at cost at September 30, 2024 and December 31, 2023, respectively | (301,868) | (220,334) |
| Accumulated other comprehensive loss, net of taxes | (128,157) | (362,004) |
| Total stockholders’ equity | 3,354,044 | 3,199,142 |
| Total liabilities and stockholders’ equity | $31,629,299 | $28,356,266 |
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