Company: WTFCN
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001015328-25-000130
Chunk: 100

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 1
Chunk 100
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,622 9,483,123 37.7 130,000 Total commercial real estate$12,914,901 44.8 %$210,010 $11,633,437 46.3 %$226,052 Total commercial and commercial real estate$28,846,227 100.0 %$411,193 $25,136,918 100.0 %$392,570 Commercial real estate - primary collateral location by state:Illinois$6,911,417 53.5 %$7,000,471 60.2 %Wisconsin908,337 7.0 886,057 7.6 Michigan893,828 6.9 257,231 2.2 Total primary markets$8,713,582 67.4 %$8,143,759 70.0 %Indiana440,278 3.4 363,600 3.1 Florida437,500 3.4 357,738 3.1 Texas306,709 2.4 242,819 2.1 Tennessee296,895 2.3 224,315 1.9 California261,860 2.0 254,826 2.2 Colorado250,564 1.9 249,849 2.1 Georgia246,730 1.9 199,734 1.7 Ohio241,977 1.9 232,101 2.0 Other1,718,806 13.4 1,364,696 11.8 Total commercial real estate$12,914,901 100.0 %$11,633,437 100.0 %

We make commercial loans for many purposes, including working capital lines, which are generally renewable annually and supported by business assets, personal guarantees and additional collateral. Such loans may vary in size based on customer need. As a result of growth and the macroeconomic uncertainty qualitative overlay in the Company’s commercial loan portfolio, our allowance for credit losses in our commercial loan portfolio increased to $201.2 million as of March 31, 2025 compared to $166.5 million as of March 31, 2024.

Our commercial real estate loans are generally secured by a first mortgage lien and assignment of rents on the property. Since most of our bank branches are located