Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 200

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 200
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$(174)$1,368 Available-for-sale debt securitiesResidential MBS issued by GSEs and GNMA$6,986 $35 $(355)$6,666 U.S. Treasury securities5,470 38 (4)5,504 CLO1,895 6 — 1,901 Private label residential MBS1,164 1 (175)990 Tax-exempt909 — (113)796 Commercial MBS issued by GSEs and GNMA604 4 (9)599 Corporate debt securities391 — (17)374 Other75 1 (8)68 Total AFS debt securities$17,494 $85 $(681)$16,898 December 31, 2024Amortized CostGross Unrealized GainsGross Unrealized (Losses)Fair Value(in millions)Held-to-maturityTax-exempt$1,350 $1 $(180)$1,171 Private label residential MBS176 — (38)138 Total HTM securities$1,526 $1 $(218)$1,309 Available-for-sale debt securitiesResidential MBS issued by GSEs and GNMA$6,225 $16 $(410)$5,831 U.S. Treasury securities4,385 1 (3)4,383 Private label residential MBS1,148 — (201)947 Tax-exempt921 — (76)845 CLO570 — — 570 Commercial MBS issued by GSEs and GNMA447 1 (11)437 Corporate debt securities407 — (21)386 Other75 1 (7)69 Total AFS debt securities$14,178 $19 $(729)$13,468 In addition, the Company held equity securities, which primarily consisted of preferred stock, CRA investments, and common stock, with a fair value of $122 million and $117 million at June 30, 2025 and December 31, 2024, respectively. Unrealized losses of $1.3 million and $1.2 million on equity securities for the three months ended June 30, 2025 and 2024, respectively, and unrealized losses of less than $0.1 million and unrealized gains of $2.7 million for the