Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 129

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 129
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1 339.2 25.3 Provision for credit losses37.1 36.1 1.0 — Net interest income after provision for credit losses619.5 256.0 338.2 25.3 Non-interest income115.2 23.1 90.0 2.1 Salaries and employee benefits153.0 39.8 31.5 81.7 Other non-interest expense (1)333.8 110.4 299.9 (76.5)Income before provision for income taxes247.9 128.9 96.8 22.2 Income tax expense54.3 28.1 21.5 4.7 Net income$193.6 $100.8 $75.3 $17.5 Six Months Ended June 30, 2024:Interest income$2,202.5 $1,232.7 $510.9 $458.9 Interest expense947.0 343.1 289.4 314.5 Funds transfer pricing— (308.9)410.7 (101.8)Net interest income1,255.5 580.7 632.2 42.6 Provision for credit losses52.3 51.4 0.6 0.3 Net interest income after provision for credit losses1,203.2 529.3 631.6 42.3 Non-interest income245.1 49.1 185.7 10.3 Salaries and employee benefits307.9 74.6 69.0 164.3 Other non-interest expense (1)660.7 231.0 558.6 (128.9)Income before provision for income taxes479.7 272.8 189.7 17.2 Income tax expense108.7 61.9 43.3 3.5 Net income$371.0 $210.9 $146.4 $13.7 (1)    The composition of other non-interest expense is consistent with Non-interest expense as presented in the Consolidated Income Statement.

18. REVENUE FROM CONTRACTS WITH CUSTOMERS 

Revenue streams within the scope of ASC 606 include service charges and fees, interchange fees on credit and debit cards,