Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 254

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 254
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 $— $— $— Forward contracts(56)— (56)(47)— (47)(37)— (37)Interest rate contracts(107)— (107)(6)— (6)(70)(70)Margin43 — 43 (3)— (3)4 — 4 Netting— 115 115 — 52 52 — 94 94 $(123)$115 $(8)$(56)$52 $(4)$(103)$94 $(9)Derivatives not subject to master netting arrangements:AssetsForeign currency contracts$5 $— $5 $— $— $— $— $— $— Interest rate lock commitments14 — 14 5 — 5 13 — 13 Interest rate contracts35 — 35 10 — 10 24 — 24 Equity warrants34 — 34 30 — 30 21 — 21 $88 $— $88 $45 $— $45 $58 $— $58 LiabilitiesForeign currency contracts$— $— $— $(1)$— $(1)$— $— $— Forward contracts(3)— (3)(1)— (1)(1)— (1)Interest rate lock commitments(1)— (1)(7)— (7)(2)— (2)Interest rate contracts(12)— (12)(14)— (14)(10)— (10)$(16)$— $(16)$(23)$— $(23)$(13)$— $(13)Total derivatives and marginAssets$512 $(115)$397 $305 $(52)$253 $377 $(94)$283 Liabilities(139)115 (24)(79)52 (27)(116)94 (22)

44

The following table summarizes the net gain (loss) on derivatives included in the non-interest income line items below:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(in millions)Net gain (loss) on loan origination and sale activities:Interest rate lock commitments$(10.5)$2.6 $15.3 $(7.8)Forward contracts(64.7)(87