Company: WTFCN
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001015328-25-000130
Chunk: 156

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 2
Chunk 156
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) “Deposits” to the Consolidated Financial Statements in Item 1 of this report for a summary of period end deposit balances.

The following table sets forth, by category, the maturity of time certificates of deposit as of March 31, 2025:

Time Certificates of DepositMaturity/Re-pricing AnalysisAs of March 31, 2025(Dollars in thousands)Total TimeCertificates ofDepositsWeighted-AverageRate of MaturingTime Certificatesof Deposit1-3 months$3,845,120 4.34 %4-6 months2,345,184 3.81 7-9 months2,694,739 3.72 10-12 months711,206 3.62 13-18 months210,063 3.03 19-24 months87,336 2.72 24+ months74,589 2.47 Total$9,968,237 3.94 %

The following table sets forth, by category, the composition of average deposit balances and the relative percentage of total average deposits for the periods presented:

Three Months EndedMarch 31, 2025December 31, 2024March 31, 2024(Dollars in thousands)BalancePercentBalancePercentBalancePercentNon-interest-bearing$10,732,156 21 %$10,718,738 21 %$9,972,646 22 %NOW and interest-bearing demand deposits6,046,189 11 5,601,672 11 5,680,265 13 Wealth management deposits1,574,480 3 1,430,163 3 1,510,203 3 Money market17,581,141 34 17,579,395 34 14,474,492 33 Savings6,479,444 13 6,288,727 12 5,792,118 13 Time certificates of deposit9,406,126 18 9,702,948 19 7,148,456 16 Total average deposits$51,819,536 100 %$51,321,643 100 %$44,578,180 100 %

Total average deposits for the first quarter of 2025 were $51.8 billion, an increase of $7.2 billion, or 16%, from the first quarter of 202