Company: WAL-PA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001212545-25-000090
Chunk: 108

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7
Chunk 108
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 %15.3 %$5.8 1.7 %13.2 %Municipal & nonprofit14.7 3.9 3.0 14.7 4.4 3.1 Tech & innovation55.9 15.0 6.3 42.1 12.5 5.6 Equity fund resources1.6 0.4 1.7 1.3 0.4 1.7 Other commercial and industrial77.8 20.8 17.1 81.4 24.2 14.8 CRE - owner occupied3.4 0.9 3.1 6.0 1.8 3.3 Hotel franchise finance35.3 9.4 7.1 33.4 9.9 7.6 Other CRE - non-owner occupied134.4 36.0 11.8 96.0 28.5 11.9 Residential19.7 5.3 24.1 23.1 6.9 26.4 Residential - EBO— — 1.8 — — 2.4 Construction and land development21.3 5.7 8.4 30.4 9.0 9.6 Other3.3 0.9 0.3 2.5 0.7 0.4 Total$373.8 100.0 %100.0 %$336.7 100.0 %100.0 %

During the years ended December 31, 2024 and 2023, net loan charge-offs to average loans outstanding were 0.18% and 0.06%, respectively.

In addition to the ACL on funded loans HFI, the Company maintains a separate ACL related to off-balance sheet credit exposures, including unfunded loan commitments. This allowance balance totaled $39.5 million and $31.6 million at December 31, 2024 and 2023, respectively, and is included in Other liabilities on the Consolidated Balance Sheet. The increase in the ACL related to off-balance sheet credit exposures is due to higher unfunded loan commitments at December 31, 2024 compared to December 31, 2023.

53

Problem Loans

The Company classifies loans consistent