Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 128

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 128
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 in thousands)September 30,2025September 30,2024September 30,2025September 30,2024Allowance for credit losses at beginning of period$457,063 $437,069 $436,603 $427,265 Provision for credit losses - other21,771 6,799 68,027 68,389 Provision for credit losses - Day 1 on non-PCD assets acquiredduring the period— 15,547 — 15,547 Initial allowance for credit losses recognized on PCD assets acquired during the period— 3,004 — 3,004 Other adjustments(88)30 96 (20)Charge-offs:Commercial21,597 22,975 37,467 43,774 Commercial real estate144 95 6,309 21,090 Home equity27 — 138 74 Residential real estate26 — 26 61 Premium finance receivables - property & casualty6,860 7,790 20,320 24,214 Premium finance receivables - life insurance18 4 30 4 Consumer and other174 154 500 398 Total charge-offs28,846 31,018 64,790 89,615 Recoveries:Commercial1,449 649 4,124 2,078 Commercial real estate241 30 263 151 Home equity104 101 350 165 Residential real estate1 5 139 15 Premium finance receivables - property & casualty2,459 3,436 9,281 8,613 Premium finance receivables - life insurance— 41 — 54 Consumer and other37 21 98 68 Total recoveries4,291 4,283 14,255 11,144 Net charge-offs(24,555)(26,735)(50,535)(78,471)Allowance for credit losses at period end$454,191 $435,714 $454,191 $435,714 Annualized net charge-offs (recoveries) by category as a percentage of its own respective category’s average:Commercial0.49 %0.61 %0.28 %0.41 %Commercial real estate(0.00)0.00 0.06 0.23