Company: WAL-PA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001212545-25-000090
Chunk: 101

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7
Chunk 101
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37)Total loans HFI, net of allowance$53,302 $49,960 $3,342 

Loans classified as HFI are stated at the amount of unpaid principal, adjusted for net deferred fees and costs, premiums and discounts on acquired and purchased loans, and an ACL. Net deferred loan fees of $106 million and $108 million reduced the carrying value of loans as of December 31, 2024 and 2023, respectively. Net unamortized purchase premiums on acquired and purchased loans of $175 million and $177 million increased the carrying value of loans as of December 31, 2024 and 2023, respectively. 

48

The following table sets forth the amount of loans outstanding by type of loan as of December 31, 2024 that were contractually due in under one year, one through five years, after five through 15 years, and more than 15 years based on remaining scheduled repayments of principal. Lines of credit or other loans having no stated final maturity and no stated schedule of repayments are reported as due in one year or less. The table also presents an analysis of the rate structure for loans within the same maturity time periods. Actual cash flows from these loans may differ materially from contractual maturities due to prepayment, refinancing, or other factors.

Due Under 1 YearDue 1 - 5 YearsDue 5 - 15 YearsDue Over 15 YearsTotal(in millions)Warehouse lendingVariable rate$3,546 $4,401 $— $— $7,947 Fixed rate— 260 — — 260 Municipal & nonprofitVariable rate28 43 333 2 406 Fixed rate146 75 699 294 1,214 Tech & innovationVariable rate353 2,866 33 — 3,252 Fixed rate— 131 — — 131 Equity fund resourcesVariable rate774 12 9 — 795 Fixed rate89 — — — 89 Other commercial and industrialVariable rate1,331 4,818 1,563 31 7,743 Fixed rate225 884 323 — 1,432 CRE - owner occupiedVariable rate140 360 337 72 909 Fixed rate108 307 316 35 766 Hotel franchise financeVariable rate356 2,807 20 —