Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 19

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 19
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 gross unrealized losses, reflecting the length of time that individual securities have been in a continuous unrealized loss position at September 30, 2025:Continuous unrealizedlosses existing forless than 12 monthsContinuous unrealizedlosses existing forgreater than 12 monthsTotal(In thousands)Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized LossesAvailable-for-sale securitiesU.S. Treasury$— $— $— $— $— $— U.S. government agencies— — 46,511 (3,489)46,511 (3,489)Municipal27,180 (276)45,372 (1,876)72,552 (2,152)Corporate notes:Financial issuers— — 79,372 (2,628)79,372 (2,628)Other— — 1,000 (0)1,000 (0)Mortgage-backed: (1)Residential mortgage-backed securities746,985 (3,625)2,174,994 (416,350)2,921,979 (419,975)Commercial (multi-family) mortgage-backed securities179,691 (4,574)7,594 (562)187,285 (5,136)Collateralized mortgage obligations31,196 (102)63,054 (16,694)94,250 (16,796)Total available-for-sale securities$985,052 $(8,577)$2,417,897 $(441,599)$3,402,949 $(450,176)(1)None of our mortgage-backed securities are subprime.The Company conducts a regular assessment of its investment securities to determine whether securities are experiencing credit losses. Factors for consideration include the nature of the securities, credit ratings or financial condition of the issuer, the extent of the unrealized loss, expected cash flows, market conditions and the Company’s ability to hold the securities through the anticipated recovery period.The Company does not consider available-for-sale securities with unrealized losses at September 30, 2025 to be experiencing credit losses and recognized no resulting allowance for credit losses for such individually assessed credit losses. The Company does not intend to sell these investments and it is more likely than not that the Company will not be required to sell these investments before recovery of the amortized cost bases, which may be the maturity dates