Company: WAL-PA
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001212545-25-000141
Chunk: 109

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 109
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 March 31, 2025:(in millions)Assets:Cash, cash equivalents, and investment securities$19,147 $15 $— $19,132 Loans HFS3,238 — 3,238 — Loans HFI, net of deferred fees and costs54,761 32,529 22,232 — Less: allowance for credit losses(389)(330)(59)— Net loans HFI54,372 32,199 22,173 — Goodwill and other intangible assets, net656 291 365 — Other assets5,630 341 2,104 3,185 Total assets$83,043 $32,846 $27,880 $22,317 Liabilities:Deposits$69,322 $25,099 $37,636 $6,587 Borrowings and qualifying debt5,049 7 30 5,012 Other liabilities1,457 79 528 850 Total liabilities75,828 25,185 38,194 12,449 Allocated equity:7,215 3,441 2,355 1,419 Total liabilities and equity$83,043 $28,626 $40,549 $13,868 Excess funds provided (used)$— $(4,220)$12,669 $(8,449)Income Statement: Three Months Ended March 31, 2025:(in millions)Interest income$1,095.6 $591.5 $285.2 $218.9 Interest expense445.0 149.9 156.0 139.1 Funds transfer pricing— (131.7)270.1 (138.4)Net interest income (expense)650.6 309.9 399.3 (58.6)Provision for credit losses31.2 31.3 5.0 (5.1)Net interest income (expense) after provision for credit losses619.4 278.6 394.3 (53.5)Non-interest income127.4 36.9 79.5 11.0 Salaries and employee benefits182.4 44.2 43.1 95.1 Other non-interest expense (1)318.0 124.7