Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 95

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 95
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 1080 34Commercial real estateConstruction and development701 13— — Non-construction813 8— — Home equity86 12— —Residential real estate166 — 201 —Premium finance receivablesProperty and casualty insurance loans1,226 — 37 —Total loans$14,523 974 34Year EndedDecember 31, 2023(Dollars in thousands)Total (1)Percentage of Total Class of LoanExtension of (1)TermReduction of InterestRate (1)Delay in Contractual Payments (1)Extension of Term and Reduction of Interest Rate (1)CommercialCommercial, industrial and other$41,223 0.3 %$3,367 $314 $37,069 $473 Commercial real estateConstruction and development2,504 0.1 — — — 2,504 Non-construction6,980 0.1 467 827 1,310 4,376 Home equity702 0.2 203 — — 499 Residential real estate2,113 0.1 1,537 271 — 305 Premium finance receivablesProperty and casualty insurance loans129 0.0 62 59 — 8 Total loans$53,651 0.1 %$5,636 $1,471 $38,379 $8,165 (1)Balances represent the recorded investment in the loan at the time of the restructuring.Weighted Average Magnitude of Modifications:Year Ended December 31, 2023(Dollars in thousands)TotalDuration of Extension of Term (months)Reduction of InterestRate (bps)Duration of Delay in Contractual Payments (months)CommercialCommercial, industrial and other$41,223 15114 16Commercial real estateConstruction and development2,504 12150 — Non-construction6,980 40232 101Home equity702 21137 — Residential real estate2,113 54284 — Premium finance receivablesProperty and casualty insurance loans129 150 — Total loans$53,651 28198 16The Company had commitments of $20.9 million and $53.7 million as of December 31, 2024 and December 31, 2023, respectively, to lend additional funds to borrowers experiencing