Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 304

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 304
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 are based on the most recent available information, if current appraisals are not available.

December 31, 2024AmountPercent of CRE-Non OOPercent of Total HFI LoansWeighted Average LTV (1)(dollars in millions)Hotel$4,167 42.3 %7.8 %46.7 %Office2,337 23.7 4.4 69.0 Retail783 7.9 1.4 55.7 Multifamily632 6.4 1.2 40.7 Industrial580 5.9 1.1 38.9 Time share467 4.7 0.9 33.6 Medical145 1.5 0.3 61.5 Senior care142 1.4 0.2 41.2 Data Center111 1.1 0.2 25.0 Storage89 0.9 0.2 46.2 Other415 4.2 0.7 57.8 Total CRE - non-owner occupied$9,868 100.0 %18.4 %51.6 %

(1)    The weighted average LTVs in the above table are based on the most recent available information, if current appraisals are not available.

The following table presents the Company’s CRE non-owner occupied loans by origination year as of September 30, 2025:

Origination Year20252024202320222021PriorTotal(in millions)CRE - non-owner occupied$902 $897 $1,169 $3,753 $1,446 $2,320 $10,487 

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The following table presents the scheduled maturities of the Company’s CRE non-owner occupied loans as of September 30, 2025:

(in millions)2025$1,093 20263,087 20272,552 20281,464 2029968 Thereafter1,323 Total$10,487 

Approximately $2.2 billion, or 3.9%, of total loans HFI consisted of CRE non-owner occupied office loans as of September 30, 2025, compared to $2.3 billion, or 4.4%, as of December 31, 2024. Of the non-owner occupied office loan balance as of September