Company: WTFCN
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001015328-25-000130
Chunk: 103

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 1
Chunk 103
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or two payments) past due and $293.3 million, or 0.6% of all loans, were 30 to 59 days (or one payment) past due. As of December 31, 2024, excluding early buy-out loans guaranteed by U.S. government agencies, $164.4 million, or 0.3% of all loans, were 60 to 89 days (or two payments) past due and $249.9 million, or 0.5% of all loans, were 30 to 59 days (or one payment) past due. Many of the commercial and commercial real estate loans shown as 60 to 89 days and 30 to 59 days past due are included on the Company’s internal problem loan reporting system. Loans on this system are closely monitored by management on a monthly basis. The Company's home equity and residential loan portfolios continue to exhibit low delinquency ratios.  Home equity loans at March 31, 2025 that were current with regard to the contractual terms of the loan agreement represent 98.6% of the total home equity portfolio. Residential real estate loans, excluding early buy-out loans guaranteed by U.S. government agencies, at March 31, 2025 that were current with regards to the contractual terms of the loan agreements comprise 98.2% of total residential real estate loans outstanding. For more information regarding delinquent loans as of March 31, 2025, see Note (7) “Allowance for Credit Losses” in Item 1 of this report. 

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Non-performing Assets (1)

The following table sets forth the Company's non-performing assets performing under the contractual terms of the loan agreement as of the dates shown. 

(Dollars in thousands)March 31,2025December 31,2024March 31,2024Loans past due greater than 90 days and still accruing:Commercial$46 $104 $27 Commercial real estate— — — Home equity— — — Residential real estate— — — Premium finance receivables—property and casualty18,081 16,031 25,877 Premium finance receivables—life insurance2,962 — — Consumer and other98 47 47 Total loans past due greater than 90 days and still accruing21,187 16,182 25,951 Nonaccrual loans