XML 107 R93.htm IDEA: XBRL DOCUMENT v3.24.0.1
Parent Company Only - Statement of Cash Flows (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities      
Net income $ 189,141 $ 332,478 $ 253,939
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:      
Accrued interest receivable and other assets (78,606) (25,482) 154,114
Accrued interest payable and other liabilities 29,134 2,518 (70,154)
Net cash provided by operating activities 373,740 147,970 657,315
Investing Activities      
Sales/(purchases) of equity securities, net (14,298) 11,651 0
Net cash provided by/(used in) investing activities (1,755,478) 3,308,567 1,232,786
Financing Activities      
Net proceeds from issuance of preferred stock 0 0 289,723
Redemption of preferred stock 0 0 (150,000)
Preferred stock dividends paid (17,250) (17,250) (18,721)
Repurchase of common stock (105,024) (115,302) 0
Redemption of long-term debt (75,000) 0 (111,000)
Excess tax benefits from stock-based compensation arrangements 0 0 639,440
Net cash used in financing activities (387,672) (6,390,936) (3,149,822)
Net increase/(decrease) in cash and cash equivalents (1,769,410) (2,934,399) (1,259,721)
Cash and cash equivalents at beginning of period 5,012,260 7,946,659 9,206,380
Cash and cash equivalents at end of period 3,242,850 5,012,260 7,946,659
Texas Capital Bancshares, Inc.      
Operating activities      
Net income 187,594 330,294 251,755
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:      
Equity in undistributed income of subsidiary (201,189) (337,946) (258,539)
Amortization expense 437 438 2,469
Accrued interest receivable and other assets 36,938 (2,095) (1,750)
Accrued interest payable and other liabilities 16,941 3,086 2,348
Net cash provided by operating activities 40,721 (6,223) (3,717)
Investing Activities      
Sales/(purchases) of equity securities, net (18,337) 0 0
Net decrease in loans held for investment 0 0 7,500
Repayments of investments in/(advances to) subsidiaries 160,000 (50,000) 0
Net cash provided by/(used in) investing activities 141,663 (50,000) 7,500
Financing Activities      
Issuance of stock related to stock-based awards (4,215) (4,209) (3,121)
Net proceeds from issuance of preferred stock 0 0 289,723
Redemption of preferred stock 0 0 (150,000)
Preferred stock dividends paid (17,250) (17,250) (18,721)
Repurchase of common stock (105,024) (115,302) 0
Redemption of long-term debt 0 0 (111,000)
Excess tax benefits from stock-based compensation arrangements 0 0 370,625
Net cash used in financing activities (126,489) (136,761) 377,506
Net increase/(decrease) in cash and cash equivalents 55,895 (192,984) 381,289
Cash and cash equivalents at beginning of period 245,777 438,761 57,472
Cash and cash equivalents at end of period $ 301,672 $ 245,777 $ 438,761