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

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 2
Chunk 25
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0.9 3.1 Hotel franchise finance33.2 8.5 7.1 35.3 9.4 7.1 Other CRE - non-owner occupied138.1 35.5 11.7 134.4 36.0 11.8 Residential19.7 5.1 23.7 19.7 5.3 24.1 Residential - EBO— — 1.7 — — 1.8 Construction and land development32.0 8.2 8.2 21.3 5.7 8.4 Other2.8 0.7 0.3 3.3 0.9 0.3 Total$388.6 100.0 %100.0 %$373.8 100.0 %100.0 %

During the three months ended March 31, 2025 and 2024, annualized net loan charge-offs to average loans outstanding were 0.20% and 0.08%, 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 $35.1 million and $39.5 million at March 31, 2025 and December 31, 2024, respectively, and is included in Other liabilities on the Consolidated Balance Sheet. 

75

Problem Loans

The Company classifies loans consistent with federal banking regulations using a nine category grading system. The following table presents information regarding potential and actual problem loans, consisting of loans graded as Special Mention, Substandard, Doubtful, and Loss, but which are still performing: 

March 31, 2025Number of LoansProblem Loan BalancePercent of Problem Loan BalancePercent of Total Loans HFI(dollars in millions)Municipal & nonprofit2 $18 3.5 %0.03 %Other commercial and industrial88 60 11.8 0.11 CRE - owner occupied7 4 0.8 0.01 Hotel franchise finance8 142 28.0 0.26 Other CRE - non-owner occupied6 213 41.9 0.39 Residential65 42 8.3 0.08 Construction and land development3