Company: WAL-PA
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001212545-25-000141
Chunk: 71

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 71
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 recoveries:Three Months Ended March 31, 2025Balance, December 31, 2024Provision for (Recovery of) Credit LossesCharge-offsRecoveriesBalance, March 31, 2025(in millions)Warehouse lending$6.4 $(0.1)$— $— $6.3 Municipal & nonprofit14.7 0.1 — — 14.8 Tech & innovation55.9 0.2 12.1 (0.9)44.9 Equity fund resources1.6 (0.2)— — 1.4 Other commercial and industrial77.8 14.7 0.9 (0.1)91.7 CRE - owner occupied3.4 0.2 — (0.1)3.7 Hotel franchise finance35.3 (2.7)— (0.6)33.2 Other CRE - non-owner occupied134.4 18.2 14.5 — 138.1 Residential19.7 — — — 19.7 Residential - EBO— — — — — Construction and land development21.3 10.7 — — 32.0 Other3.3 (0.5)— — 2.8 Total$373.8 $40.6 $27.5 $(1.7)$388.6 Three Months Ended March 31, 2024Balance, December 31, 2023Provision for (Recovery of) Credit LossesCharge-offsRecoveriesBalance, March 31, 2024(in millions)Warehouse lending$5.8 $1.5 $— $— $7.3 Municipal & nonprofit14.7 (0.8)— — 13.9 Tech & innovation42.1 5.9 — — 48.0 Equity fund resources1.3 (0.1)— — 1.2 Other commercial and industrial81.4 (12.4)2.3 (0.4)67.1 CRE - owner occupied6.0 0.2 — — 6.2 Hotel franchise finance33.4 5.3 2