Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 160

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 160
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 Class of Financing ReceivableThree Months Ended (dollars in millions)Other commercial and industrial$— $— $1 $1 0.0 %Total$— $— $1 $1 0.0 %

Amortized Cost Basis at June 30, 2025Term ExtensionInterest Rate ReductionPayment DelayTotal% of Total Class of Financing ReceivableSix Months Ended (dollars in millions)Tech & innovation$5 $1 $18 $24 0.7 %Other commercial and industrial— — 84 84 0.8 Other CRE - non-owner occupied35 — 56 91 1.4 Construction and land development— — 39 39 0.9 Total$40 $1 $197 $238 0.4 %

Amortized Cost Basis at June 30, 2024Term ExtensionInterest Rate ReductionPayment DelayTotal% of Total Class of Financing ReceivableThree Months Ended (dollars in millions)Other CRE - non-owner occupied$— $— $70 $70 1.1 %Total$— $— $70 $70 0.1 %

Amortized Cost Basis at June 30, 2024Term ExtensionInterest Rate ReductionPayment DelayTotal% of Total Class of Financing ReceivableSix Months Ended (dollars in millions)Tech & innovation$— $— $29 $29 0.9 %Other commercial and industrial8 — — 8 0.1 CRE - owner occupied31 — — 31 1.8 Other CRE - non-owner occupied— — 70 70 1.1 Construction and land development39 — — 39 0.8 Total$78 $— $99 $177 0.3 %

The performance of these modified loans is monitored for 12 months following the modification. As of June 30, 2025, modified loans of $135 million were current with contractual payments and $103 million were on nonaccrual status. As of December 31, 2024, modified loans of $128 million were current with contractual payments and $169 million were on nonaccrual status.

In the normal course of business, the Company also modifies EBO loans, which are delinquent FHA, VA, or USDA insured or guaranteed loans