Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 22

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 2
Chunk 22
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Consolidated CompanyCommercialConsumer RelatedCorporate & OtherAt June 30, 2025:(in millions)Loans HFI, net of deferred fees and costs$55,939 $33,207 $22,732 $— Deposits71,107 26,307 38,546 6,254 At December 31, 2024:Loans HFI, net of deferred fees and costs$53,676 $31,544 $22,132 $— Deposits66,341 25,487 33,767 7,087 

Three Months Ended June 30, 2025:(in millions)Income (loss) before provision for income taxes$291.3 $154.6 $183.3 $(46.6)Six Months Ended June 30, 2025:Income (loss) before provision for income taxes$537.7 $301.1 $347.4 $(110.8)Three Months Ended June 30, 2024:Income before provision for income taxes$247.9 $128.9 $96.8 $22.2 Six Months Ended June 30, 2024:Income before provision for income taxes$479.7 $272.8 $189.7 $17.2 

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BALANCE SHEET ANALYSIS

Total assets increased $5.8 billion, or 7.2%,  to $86.7 billion at June 30, 2025, compared to $80.9 billion at December 31, 2024, supported by an increase in deposits, which drove HFI and HFS loan growth and contributed to an increase in investment securities of $3.5 billion. Loans HFI increased $2.3 billion, or 4.2%, to $55.9 billion as of June 30, 2025, compared to $53.7 billion as of December 31, 2024 driven by increases in commercial and industrial, commercial real estate, and residential loans of $1.8 billion, $311 million, and $139 million, respectively. Loans HFS increased $736 million from $2.3 billion as of December 31, 2024 due to an increase in non-EBO and agency-conforming loans. 

Total liabilities increased $5.1 billion to $79.3 billion at June 30, 202