Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 102

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 102
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 in denominations of $250,000 or more were $3.9 billion and $2.5 billion at December 31, 2024 and 2023, respectively.

(11) Federal Home Loan Bank Advances

A summary of the outstanding FHLB advances at December 31, 2024 and 2023, is as follows:(In thousands)202420230.00% advance due April 2024$— $442 2.98% advance due August 2024— 25,000 0.00% advance due April 2026629 629 0.00% advance due January 2029680 — 3.70% advance due July 2030150,000 150,000 2.81% advance due September 2032500,000 500,000 3.08% advance due September 2032500,000 500,000 2.96% advance due December 2032— 250,000 2.98% advance due December 2032— 250,000 3.13% advance due February 2033— 250,000 2.95% advance due May 2033250,000 250,000 3.72% advance due July 2033150,000 150,000 3.43% advance due January 2034175,000 — 3.19% advance due January 2034175,000 — 3.45% advance due April 2034250,000 — 3.44% advance due April 2034250,000 — 3.33% advance due May 2034250,000 — 3.29% advance due June 2034250,000 — 3.38% advance due June 2034250,000 — Total FHLB advances$3,151,309 $2,326,071 FHLB advances consist of obligations of the banks and are collateralized by qualifying commercial and residential real estate and home equity loans and certain securities. The banks have arrangements with the FHLB whereby, based on available collateral, they could have borrowed an additional $3.9 billion at December 31, 2024.FHLB advances are stated at par value of the debt adjusted for unamortized prepayment fees paid at the time of prior restructurings of FHLB advances and unamort