Short-Term Borrowings and Long-Term Debt (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Debt Disclosure [Abstract] |
|
| Summary of short-term borrowings |
The table below presents a summary of the Company’s short-term borrowings, all of which mature within one year: | | | | | | | | | | | | | | | | | | | | | | (dollars in thousands) | | Federal Funds Purchased | | Customer Repurchase Agreements | | FHLB Borrowings | | December 31, 2025 | | | | | | | | Amount outstanding at year-end | | $ | 30,000 | | | $ | — | | | $ | 300,000 | | | Interest rate at year-end | | 3.74 | % | | — | % | | 3.72 | % | | Average balance outstanding during the year | | $ | 39,691 | | | $ | — | | | $ | 288,808 | | | Weighted-average interest rate during the year | | 4.51 | % | | — | % | | 4.35 | % | | Maximum month-end outstanding during the year | | $ | 588,000 | | | $ | — | | | $ | 1,400,000 | | | December 31, 2024 | | | | | | | | Amount outstanding at year-end | | $ | — | | | $ | — | | | $ | 885,000 | | | Interest rate at year-end | | — | % | | — | % | | 4.38 | % | | Average balance outstanding during the year | | $ | 16 | | | $ | — | | | $ | 933,880 | | | Weighted-average interest rate during the year | | 17.82 | % | | — | % | | 5.35 | % | | Maximum month-end outstanding during the year | | $ | — | | | $ | — | | | $ | 1,675,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
| Summary of long-term debt |
The table below presents a summary of long-term debt: | | | | | | | | | | | | | | | | | | | (in thousands) | | December 31, 2025 | | December 31, 2024 | | | | | | | | | | | Bank-issued 5.25% fixed rate subordinated notes due 2026 | | $ | 134,509 | | | $ | 174,717 | | Company-issued 4.00% fixed rate subordinated notes due 2031 | | 372,660 | | | 372,223 | | | Trust preferred floating rate subordinated debentures due 2032 to 2036 | | 113,406 | | | 113,406 | | | Total long-term debt | | $ | 620,575 | | | $ | 660,346 | |
|
| Summary of short-term borrowing capacities |
The following table summarizes the Company’s short-term borrowing capacities net of balances outstanding: | | | | | | | | | | | | | | | | | (in thousands) | December 31, 2025 | | December 31, 2024 | | | | | | | | | | FHLB borrowing capacity relating to loans and pledged securities | $ | 2,570,596 | | | $ | 4,664,703 | | | | | FHLB borrowing capacity relating to unencumbered securities | 4,594,553 | | | 4,189,993 | | | | | Total FHLB borrowing capacity(1) | $ | 7,165,149 | | | $ | 8,854,696 | | | | | Unused federal funds lines available from commercial banks | $ | 1,520,000 | | | $ | 1,370,000 | | | | | Unused Federal Reserve borrowings capacity | $ | 9,174,238 | | | $ | 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, 2027. 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 year ended December 31, 2025 or 2024. |
| Summary of significant terms of preferred subordinated debentures |
The following table summarizes the significant terms of the Company’s trust preferred subordinated debentures: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (dollars in thousands) | Texas Capital
Statutory Trust I | | Texas Capital
Statutory Trust II | | Texas Capital
Statutory Trust III | | Texas Capital
Statutory Trust IV | | Texas Capital
Statutory Trust V | | Date issued | November 19, 2002 | | April 10, 2003 | | October 6, 2005 | | April 28, 2006 | | September 29, 2006 | | Trust preferred securities issued | $10,310 | | $10,310 | | $25,774 | | $25,774 | | $41,238 | | Floating or fixed rate securities | Floating | | Floating | | Floating | | Floating | | Floating | | Interest rate on subordinated debentures | 3 month SOFR + 3.61% | | 3 month SOFR + 3.51% | | 3 month SOFR + 1.77% | | 3 month SOFR + 1.86% | | 3 month SOFR + 1.97% | | Maturity date | November 2032 | | April 2033 | | December 2035 | | June 2036 | | December 2036 |
|