Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 13

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 13
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5 5.74 77,795 1,200.0 6.19 Non-interest earning assetsCash and due from banks397 278 Allowance for credit losses(414)(366)Bank owned life insurance1,038 973 Other assets4,957 4,409 Total assets$91,312 $83,089 Interest bearing liabilitiesInterest bearing deposits:Interest bearing demand accounts$16,071 $101.4 2.50 %$16,456 $126.2 3.05 %Savings and money market accounts23,373 189.4 3.21 18,092 166.3 3.66 Certificates of deposit10,124 107.4 4.21 10,134 129.6 5.09 Total interest bearing deposits49,568 398.2 3.19 44,682 422.1 3.76 Short-term borrowings2,577 30.2 4.66 4,214 57.8 5.46 Long-term debt2,905 40.4 5.52 569 13.7 9.57 Qualifying debt678 6.3 3.63 897 9.5 4.23 Total interest bearing liabilities55,728 475.1 3.38 50,362 503.1 3.97 Interest cost of funding earning assets2.21 2.58 Non-interest bearing liabilitiesNon-interest bearing deposits26,438 24,638 Other liabilities1,539 1,457 Equity7,607 6,632 Total liabilities and equity$91,312 $83,089 Net interest income and margin (4)$750.4 3.53 %$696.9 3.61 %

(1)Yields on loans and securities have been adjusted to a TEB. The taxable-equivalent adjustment was $9.7 million and $10.0 million for the three months ended September 30, 2025 and 2024, respectively. 

(2)Included in the yield computation are net loan fees of $28.1 million and $21.7 million for the three months ended September 30, 2025 and 2024, respectively.

(3)Includes non-accrual loans.

(4)Net interest margin is computed by