Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 85

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 85
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)$351.8 Six Months Ended June 30, 2024Balance, December 31, 2023Provision for (Recovery of) Credit LossesCharge-offsRecoveriesBalance, June 30, 2024(in millions)Warehouse lending$5.8 $0.7 $— $— $6.5 Municipal & nonprofit14.7 (0.7)— — 14.0 Tech & innovation42.1 4.4 1.5 — 45.0 Equity fund resources1.3 0.4 — — 1.7 Other commercial and industrial81.4 8.4 6.0 (0.5)84.3 CRE - owner occupied6.0 (1.0)— — 5.0 Hotel franchise finance33.4 9.1 2.9 — 39.6 Other CRE - non-owner occupied96.0 31.1 22.6 — 104.5 Residential23.1 (4.3)— — 18.8 Residential - EBO— — — — — Construction and land development30.4 (0.5)— — 29.9 Other2.5 0.1 0.1 — 2.5 Total$336.7 $47.7 $33.1 $(0.5)$351.8 

30

Accrued interest receivable of $274 million and $272 million at June 30, 2025 and December 31, 2024, respectively, was excluded from the estimate of credit losses. However, accrued interest receivable related to the Company's Residential-EBO loan portfolio segment was included in the estimate of credit losses and had an allowance of $1.4 million and $1.5 million as of June 30, 2025 and December 31, 2024, respectively. Accrued interest receivable, net of any allowance, is included in Other assets on the Consolidated Balance Sheet. 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 is included in Other liabilities on the Consolidated Balance Sheet.The below table reflects the activity in the ACL on unfunded loan