Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 132

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 132
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.6 120.0 345.8 (86.2)Income before provision for income taxes252.1 138.2 113.7 0.2 Income tax expense52.3 28.5 19.1 4.7 Net income$199.8 $109.7 $94.6 $(4.5)Nine Months Ended September 30, 2024:Interest income$3,402.5 $1,880.6 $795.0 $726.9 Interest expense1,450.1 521.0 456.2 472.9 Funds transfer pricing— (493.3)727.4 (234.1)Net interest income1,952.4 866.3 1,066.2 19.9 Provision for credit losses85.9 79.1 6.0 0.8 Net interest income after provision for credit losses1,866.5 787.2 1,060.2 19.1 Non-interest income371.3 80.3 249.8 41.2 Salaries and employee benefits465.7 105.4 102.2 258.1 Other non-interest expense (1)1,040.3 351.0 904.4 (215.1)Income before provision for income taxes731.8 411.1 303.4 17.3 Income tax expense161.0 90.4 62.4 8.2 Net income$570.8 $320.7 $241.0 $9.1 (1)    The composition of other non-interest expense is consistent with Non-interest expense as presented in the Consolidated Income Statement.

18. REVENUE FROM CONTRACTS WITH CUSTOMERS 

Revenue streams within the scope of ASC 606 include service charges and fees, interchange fees on credit and debit cards, and legal settlement service fees. These revenues totaled $24.5 million and $15.2 million for the three months ended September 30, 2025 and 2024, respectively, and $71.0 million and $45.9 million for the nine months ended September 30, 2025 and 2024, respectively. The Company had no material unsatisfied performance obligations as of September 30, 2025 or December 31,