Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 310

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 310
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 30, 2025Number of LoansProblem Loan BalancePercent of Problem Loan BalancePercent of Total Loans HFI(dollars in millions)Other commercial and industrial126 $321 40.8 %0.57 %CRE - owner occupied16 18 2.3 0.03 Hotel franchise finance2 90 11.4 0.16 Other CRE - non-owner occupied13 276 35.1 0.49 Residential74 47 6.0 0.08 Construction and land development3 32 4.1 0.06 Other31 2 0.3 0.00 Total265 $786 100.0 %1.39 %

79

December 31, 2024Number of LoansProblem Loan BalancePercent of Problem Loan BalancePercent of Total Loans HFI(dollars in millions)Municipal & nonprofit2 $18 3.7 %0.03 %Other commercial and industrial89 121 24.8 0.23 CRE - owner occupied9 7 1.4 0.01 Hotel franchise finance8 112 22.9 0.21 Other CRE - non-owner occupied9 136 27.8 0.25 Residential169 92 18.8 0.17 Other33 3 0.6 0.01 Total319 $489 100.0 %0.91 %

The increase in the problem loan balance from December 31, 2024 was largely attributable to a reduction in nonperforming collateral-dependent loans, which are now classified as performing loans.

Mortgage Servicing Rights

The fair value of the Company's MSRs related to residential mortgage loans totaled $1.2 billion and $1.1 billion as of September 30, 2025 and December 31, 2024, respectively.

The following is a summary of the UPB of loans underlying the Company's MSR portfolio by type:

September 30, 2025December 31, 2024(in millions)FNMA and FHLMC$41,611 $42,908 GNMA20,426 14,980 Non-agency4,015 3,201 Total unpaid principal balance of loans$66,052 $61,089 

Other Assets Acquired through Foreclosure

Other assets acquired through foreclosure consist primarily