Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 221

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 221
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 to 89 days delinquent and $11 million in loans 90 days or more delinquent.

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Collateral-Dependent LoansThe following table presents the amortized cost basis of collateral-dependent loans by loan portfolio segment:June 30, 2025December 31, 2024Real Estate CollateralOther CollateralTotalReal Estate CollateralOther CollateralTotal(in millions)Municipal & nonprofit$— $— $— $— $5 $5 Tech & innovation— 4 4 — 5 5 Other commercial and industrial— 10 10 — 11 11 CRE - owner occupied3 — 3 16 — 16 Hotel franchise finance— — — 29 — 29 Other CRE - non-owner occupied181 — 181 474 — 474 Construction and land development142 — 142 67 — 67 Total$326 $14 $340 $586 $21 $607 The Company did not identify any significant changes in the extent to which collateral secures its collateral dependent loans, whether in the form of general deterioration or from other factors during the period ended June 30, 2025. Allowance for Credit LossesThe ACL consists of the ACL on funded loans HFI and an ACL on unfunded loan commitments. The ACL on HTM securities is estimated separately from loans, see "Note 2. Investment Securities" of these Notes to Unaudited Consolidated Financial Statements for further discussion. Management considers the level of ACL to be a reasonable and supportable estimate of expected credit losses inherent within the Company's HFI loan portfolio as of June 30, 2025. The below tables reflect the activity in the ACL on loans HFI by loan portfolio segment, which includes an estimate of future recoveries:Three Months Ended June 30, 2025Balance, March 31, 2025Provision for (Recovery of) Credit LossesCharge-offsRecoveriesBalance, June 30, 2025(in millions)Warehouse lending$6.3 $(0.4)$— $— $5.9 Municipal & nonprofit14.8 (3.5)— — 11.3 Tech & innovation44.9 10.4 9.7 (0.1)45.7 Equity fund resources1.4 0