Company: WTFCN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001015328-25-000188
Chunk: 155

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 155
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 Other liabilities1,456,383 1,541,245 1,601,485 Equity6,862,040 6,460,941 5,450,173 Total liabilities and shareholders’ equity$65,840,345 $64,107,042 $57,493,184 Interest rate spread (6) (8)2.76 %2.76 %2.58 %Less:  Fully taxable-equivalent adjustment(2,880)(2,899)(2,875)(0.02)(0.02)(0.02)Net free funds/contribution (7)$15,341,805 $14,972,015 $13,562,314 0.78 0.80 0.94 Net interest income/margin  (GAAP) (8)$546,694 $526,474 $470,610 3.52 %3.54 %3.50 %Fully taxable-equivalent adjustment2,880 2,899 2,875 0.02 0.02 0.02 Net interest income/margin, fully taxable-equivalent (non-GAAP) (8) $549,574 $529,373 $473,485 3.54 %3.56 %3.52 %

(1)Includes interest-bearing deposits with banks and securities purchased under resale agreements with original maturities of greater than three months. Cash equivalents include federal funds sold and securities purchased under resale agreements with original maturities of three months or less. 

(2)Investment securities includes investment securities classified as available-for-sale and held-to-maturity, and equity securities with readily determinable fair values. Equity securities without readily determinable fair values are included within other assets.

(3)Interest income on tax-advantaged loans, trading securities and investment securities reflects a tax-equivalent adjustment based on the marginal federal corporate tax rate in effect as of the applicable period. The total adjustments for the three months ended June 30, 2025, March 31, 2025 and June 30, 2024 were $2.9 million, $2.9 million and $2.9 million, respectively.

(4)Other earning assets include brokerage customer receivables and trading account securities.

(5)Loans, net of unearned income, include nonaccrual loans.

(6)Interest rate spread is