Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 272

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 272
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 between users and providers. A net user of funds has lending/investing in excess of deposits/borrowings and a net provider of funds has deposits/borrowings in excess of lending/investing. A segment that is a user of funds is charged for the use of funds, while a provider of funds is credited through funds transfer pricing, which is determined based on the average estimated life of the assets or liabilities in the portfolio. Residual funds transfer pricing mismatches are allocable to the Corporate & Other segment and presented in net interest income.The net income amount for each reportable segment is further derived by the use of expense allocations. Certain expenses not directly attributable to a specific segment are allocated across all segments based on key metrics, such as number of employees, number of transactions processed for loans and deposits, and average loan and deposit balances. These types of expenses include information technology, operations, human resources, finance, risk management, credit administration, legal, and marketing.Income taxes are applied to each segment based on estimated effective tax rates. Any difference in the corporate tax rate and the aggregate effective tax rates in the segments are adjusted in the Corporate & Other segment.The assignment and allocation methodologies used in the segment reporting process discussed above change from time to time as systems are enhanced, methods for evaluating segment performance or product lines change or as business segments are realigned. 

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The following is a summary of operating segment information for the periods indicated:Balance Sheet:Consolidated CompanyCommercialConsumer RelatedCorporate & OtherAt September 30, 2025:(in millions)Assets:Cash, cash equivalents, and investment securities$24,597 $13 $— $24,584 Loans HFS3,502 — 3,502 — Loans HFI, net of deferred fees and costs56,646 33,830 22,816 — Less: allowance for credit losses(440)(379)(61)— Net loans HFI56,206 33,451 22,755 — Goodwill and other intangible assets, net651 290 361 — Other assets6,014 326 2,123 3,565 Total assets$90,970 $34,080 $28,741 $28,149 Liabilities:Deposits$77,247 $28,584 $42,725 $5,938 Borrowings and qualifying debt4,543 — 62 4,481