Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 143

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 143
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 Total assets$86,399 $78,555 Interest bearing liabilitiesInterest bearing deposits:Interest bearing demand accounts$15,707 $97.2 2.48 %$17,276 $131.2 3.05 %Savings and money market accounts21,736 170.6 3.15 16,579 146.2 3.55 Certificates of deposit10,084 110.0 4.38 10,427 132.9 5.12 Total interest bearing deposits47,527 377.8 3.19 44,282 410.3 3.73 Short-term borrowings3,048 35.7 4.69 4,165 58.9 5.69 Long-term debt2,498 35.1 5.64 437 12.1 11.19 Qualifying debt826 8.2 4.01 896 9.6 4.28 Total interest bearing liabilities53,899 456.8 3.40 49,780 490.9 3.97 Interest cost of funding earning assets2.28 2.67 Non-interest bearing liabilitiesNon-interest bearing deposits23,569 20,996 Other liabilities1,576 1,449 Equity7,355 6,330 Total liabilities and equity$86,399 $78,555 Net interest income and margin (4)$697.6 3.53 %$656.6 3.63 %

(1)Yields on loans and securities have been adjusted to a TEB. The taxable-equivalent adjustment was $10.2 million and $9.9 million for the three months ended June 30, 2025 and 2024, respectively. 

(2)Included in the yield computation are net loan fees of $25.5 million and $32.1 million for the three months ended June 30, 2025 and 2024, respectively.

(3)Includes non-accrual loans.

(4)Net interest margin is computed by dividing net interest income by total average earning assets, annualized on an actual/actual basis.

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Six Months Ended June 30,20252024Average BalanceInterestAverage Yield / CostAverageBalanceInterestAverage Yield / Cost(dollars in millions)Interest earning assetsLoans HFS$4,581