Company: WTFCN
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001015328-25-000130
Chunk: 71

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 1
Chunk 71
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 amortization of unrealized losses on investment securities transferred to held-to-maturity from available-for-sale, net of tax(8)— — (8)Net other comprehensive income (loss) during the period, net of tax$55,586 $42,974 $(240)$98,320 Balance at March 31, 2025$(373,994)$31,747 $(67,768)$(410,015)Balance at January 1, 2024$(350,697)$32,049 $(42,583)$(361,231)Other comprehensive loss during the period, net of tax, before reclassifications(57,287)(74,954)(6,234)(138,475)Amount reclassified from accumulated other comprehensive income or loss into net income, net of tax19 14,576 — 14,595 Amount reclassified from accumulated other comprehensive income or loss related to amortization of unrealized losses on investment securities transferred to held-to-maturity from available-for-sale, net of tax(37)— — (37)Net other comprehensive loss during the period, net of tax$(57,305)$(60,378)$(6,234)$(123,917)Balance at March 31, 2024$(408,002)$(28,329)$(48,817)$(485,148) (In thousands)Amount Reclassified from Accumulated Other Comprehensive Income or Loss for theDetails Regarding the Component of Accumulated Other Comprehensive Income or LossThree Months EndedImpacted Line on the Consolidated Statements of IncomeMarch 31,20252024Accumulated unrealized losses on securitiesLosses included in net income$(301)$(26)Gains on investment securities, net(301)(26)Income before taxesTax effect78 7 Income tax expenseNet of tax$(223)$(19)Net incomeAccumulated unrealized losses on derivative instrumentsAmount reclassified to interest income on loans$9,071 $24,475 Interest on LoansAmount reclassified to interest expense on deposits(3,325)(4,657)Interest on deposits(5,746)(19,818)Income before taxesTax effect1,494 5,242 Income tax expenseNet of tax$(4,252)$(14,576)Net income

43

Earnings per ShareThe following table shows the computation of basic and diluted earnings per share for the periods indicated:Three Months Ended(Dollars in thousands