Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 226

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 226
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 29 3,815 35.3 — 35.3 Other CRE - non-owner occupied5,830 512 6,342 90.3 44.1 134.4 Residential12,961 — 12,961 19.7 — 19.7 Residential EBO972 — 972 — — — Construction and land development4,401 67 4,468 21.3 — 21.3 Other173 1 174 3.3 — 3.3 Total$52,817 $859 $53,676 $304.5 $69.3 $373.8 

31

Loan Purchases and SalesLoan purchases during the three and six months ended June 30, 2025 totaled $755 million and $1.1 billion, respectively, which primarily consisted of residential and commercial and industrial loan purchases. Loan purchases during the three and six months ended June 30, 2024 totaled $126 million and $515 million, respectively, which primarily consisted of commercial and industrial loans. There were no loans purchased with more-than-insignificant deterioration in credit quality during the three and six months ended June 30, 2025 and 2024.In the normal course of business, the Company also repurchases guaranteed or insured loans under the terms of the GNMA MBS program which can be repooled when loans are brought current either through the borrower's reperformance or completion of a loan modification and have demonstrated sustained performance for a period of time. The Company repurchased $175 million and $302 million of such EBO loans during the three and six months ended June 30, 2025, respectively. The Company repurchased $104 million and $182 million of such EBO loans during the three and six months ended June 30, 2024, respectively. Prior to repurchase, these loans are classified as loans eligible for repurchase, which is included as a component of Other assets on the Consolidated Balance Sheet.During the three and six months ended June 30, 2025, the Company sold loans with a carrying value of approximately $161 million and $379 million, respectively, and recognized a net loss of $0.2 million and $2.8 million, respectively, and net charge-offs of $1.7 million for both the three and six months ended June 30, 2025. During the