Parent Company Only (Tables)

12 Months Ended

Dec. 31, 2025

Summarized financial information for Texas Capital Bancshares, Inc. are as follows:

Balance Sheet


	December 31,
(in thousands)	2025		2024
Assets
Cash and cash equivalents	$	333,144	$	205,377
Investment securities	11,450		38,683
Investment in subsidiaries	3,742,705		3,604,699
Other assets	47,649		29,389
Total assets	$	4,134,948	$	3,878,148
Liabilities and Stockholders’ Equity
Liabilities:
Other liabilities	$	17,500	$	50,050

Long-term debt	486,066		485,629


Total liabilities	503,566		535,679
Stockholders’ Equity:
Preferred stock	300,000		300,000
Common stock	518		515
Additional paid-in capital	1,074,496		1,056,719
Retained earnings	2,808,645		2,470,184
Treasury stock	(487,692)		(301,842)
Accumulated other comprehensive loss	(64,585)		(183,107)
Total stockholders’ equity	3,631,382		3,342,469
Total liabilities and stockholders’ equity	$	4,134,948	$	3,878,148

Statement of Income


	Year ended December 31,
(in thousands)	2025		2024		2023
Interest on notes receivable	$	289	$	2	$	2,167
Dividend income	567		685		7,671
Other income	(485)		148		(94)
Total income	371		835		9,744

Interest expense	22,815		23,925		23,714
Salaries and benefits	1,066		922		835
Legal and professional	2,604		2,005		1,504
Other non-interest expense	2,020		2,072		1,823
Total expense	28,505		28,924		27,876
Loss before income taxes and equity in undistributed income of subsidiary	(28,134)		(28,089)		(18,132)
Income tax benefit	(7,038)		(8,102)		(4,537)
Loss before equity in undistributed income of subsidiary	(21,096)		(19,987)		(13,595)
Equity in undistributed income of subsidiary	351,340		97,495		201,189
Net income	330,244		77,508		187,594
Preferred stock dividends	17,250		17,250		17,250
Net income available to common stockholders	$	312,994	$	60,258	$	170,344

Statements of Cash Flows


	Year ended December 31,
(in thousands)	2025		2024		2023
Operating Activities
Net income	$	330,244	$	77,508	$	187,594
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:
Equity in undistributed income of subsidiary	(351,340)		(97,495)		(201,189)
Depreciation and amortization	437		438		437
Net (gain)/loss recognized on equity securities	240		(4,395)		(508)
Changes in operating assets and liabilities:
Accrued interest receivable and other assets	(11,827)		26,560		37,446

Accrued interest payable and other liabilities	(13,516)		26,355		16,941
Net cash provided by/(used in) operating activities	(45,762)		28,971		40,721
Investing Activities
Sales/(purchases) of equity securities, net	26,993		(15,443)		(18,337)

Repayments of investments in/(advances to) subsidiaries	(3,000)		(2,000)		160,000
Sale or repayment of investments in and advances to subs	360,000		—		—
Net cash provided by/(used in) investing activities	383,993		(17,443)		141,663
Financing Activities
Issuance of stock related to stock-based awards	(7,364)		(9,065)		(4,215)



Preferred stock dividends paid	(17,250)		(17,250)		(17,250)
Repurchase of common stock	(185,850)		(81,508)		(105,024)




Net cash used in financing activities	(210,464)		(107,823)		(126,489)
Net increase/(decrease) in cash and cash equivalents	127,767		(96,295)		55,895
Cash and cash equivalents at beginning of year	205,377		301,672		245,777
Cash and cash equivalents at end of year	$	333,144	$	205,377	$	301,672