Company: WAL-PA
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001212545-25-000141
Chunk: 214

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 8
Chunk 214
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$— $— $— $— $— $(1)$— $(1)Forward contracts(53)— (53)(47)— (47)(29)— (29)Interest rate contracts(21)— (21)(6)— (6)(2)— (2)Margin31 — 31 (3)— (3)(8)— (8)Netting— 32 32 — 52 52 — 33 33 $(43)$32 $(11)$(56)$52 $(4)$(40)$33 $(7)Derivatives not subject to master netting arrangements:AssetsForeign currency contracts$1 $— $1 $— $— $— $— $— $— Interest rate lock commitments14 — 14 5 — 5 10 — 10 Interest rate contracts21 — 21 10 — 10 3 — 3 Equity warrants31 — 31 30 — 30 18 — 18 $67 $— $67 $45 $— $45 $31 $— $31 LiabilitiesForeign currency contracts$— $— $— $(1)$— $(1)$— $— $— Forward contracts(2)— (2)(1)— (1)(1)— (1)Interest rate lock commitments(1)— (1)(7)— (7)(1)— (1)Interest rate contracts(11)— (11)(14)— (14)(19)— (19)$(14)$— $(14)$(23)$— $(23)$(21)$— $(21)Total derivatives and marginAssets$285 $(32)$253 $305 $(52)$253 $272 $(33)$239 Liabilities(57)32 (25)(79)52 (27)(61)33 (28)

43

The following table summarizes the net gain (loss) on derivatives included in the non-interest income line items below:Three Months Ended March 31,20252024(in millions)Net gain (loss) on loan origination and sale activities:Interest rate lock commitments$15.0 $(8.1)Forward contracts(55.6)16.7 Interest