Company: WTFCN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001015328-25-000188
Chunk: 16

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 16
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(7,011)76,985 Other1,000 — (10)990 Mortgage-backed: (1)Mortgage-backed securities4,320,215 361 (541,742)3,778,834 Commercial (multi-family) mortgage-backed securities18,096 8 (626)17,478 Collateralized mortgage obligations179,315 629 (18,786)161,158 Total available-for-sale securities$4,906,690 $1,393 $(578,126)$4,329,957 Held-to-maturity securitiesU.S. government agencies$336,458 $— $(70,928)$265,530 Municipal166,400 155 (6,789)159,766 Mortgage-backed: (1)Residential mortgage-backed securities2,962,721 — (591,601)2,371,120 Commercial (multi-family) mortgage-backed securities6,390 — (300)6,090 Collateralized mortgage obligations227,247 362 (23,636)203,973 Corporate notes57,199 — (3,211)53,988 Total held-to-maturity securities$3,756,415 $517 $(696,465)$3,060,467 Less: Allowance for credit losses(491)Held-to-maturity securities, net of allowance for credit losses$3,755,924 Equity securities with readily determinable fair value$117,674 $2,882 $(8,383)$112,173 (1)None of our mortgage-backed securities are subprime.Equity securities without readily determinable fair values totaled $66.7 million as of June 30, 2025. Equity securities without readily determinable fair values are included as part of accrued interest receivable and other assets in the Company’s Consolidated Statements of Condition. The Company monitors its equity investments without readily determinable fair values to identify potential transactions that may indicate an observable price change in orderly transactions for the identical or a similar investment of the same issuer, requiring adjustment to its carrying amount. During the three months ended June 30, 2025, the Company recorded no adjustment related to such observable price changes. During the six months ended June 30, 2025, the Company recorded no upward adjustment and a downward adjustment of $20,000 related to such