Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 216

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 216
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 HFI are stated at the amount of unpaid principal, adjusted for net deferred fees and costs, premiums and discounts on acquired and purchased loans, and an ACL. Net deferred fees of $127 million and $106 million reduced the carrying value of loans as of September 30, 2025 and December 31, 2024, respectively. Net unamortized purchase premiums on acquired and purchased loans of $178 million and $175 million increased the carrying value of loans as of September 30, 2025 and December 31, 2024, respectively. Nonaccrual and Past Due Loans Loans are placed on nonaccrual status when management determines that the full repayment of principal and collection of interest according to contractual terms is no longer likely, generally when the loan becomes 90 days or more past due. The following tables present nonperforming loan balances by loan portfolio segment:September 30, 2025Nonaccrual with No Allowance for Credit LossNonaccrual with an Allowance for Credit LossTotal NonaccrualLoans Past Due 90 Days or More and Still Accruing(in millions)Municipal & nonprofit$— 5 $5 $— Tech & innovation5 38 43 — Equity fund resources— 1 1 — Other commercial and industrial12 122 134 — CRE - owner occupied3 — 3 — Other CRE - non-owner occupied91 96 187 — Residential— 11 11 49 Residential - EBO— — — 282 Construction and land development136 — 136 — Other2 — 2 — Total$249 $273 $522 $331 Loans contractually delinquent by 90 days or more and still accruing totaled $331 million at September 30, 2025 and consisted of government guaranteed EBO and certain other residential loans.Additionally, the recorded investment of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process totaled $116 million and $99 million at September 30, 2025 and December 31, 2024, respectively.

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December 31, 2024Nonaccrual with No Allowance for Credit LossNonaccrual with an Allowance for Credit LossTotal NonaccrualLoans Past Due 90 Days or More and Still Accruing(in millions)M