Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 24

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 24
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Table of Contents

In accordance with ASC 326, the Company elected to not measure an allowance for credit losses on accrued interest. As such accrued interest is written off in a timely manner when deemed uncollectible. Any such write-off of accrued interest will reverse previously recognized interest income. In addition, the Company elected to not include accrued interest within presentation and disclosures of the carrying amount of financial assets held at amortized cost. This election is applicable to the various disclosures included within the Company's financial statements. Accrued interest related to financial assets held at amortized cost is included within accrued interest receivable and other assets within the Company's Consolidated Statements of Condition and totaled $342.4 million at September 30, 2025, $332.8 million at December 31, 2024, and $351.5 million at September 30, 2024.

The tables below show the aging of the Company’s loan portfolio by the segmentation noted above at September 30, 2025, December 31, 2024 and September 30, 2024: As of September 30, 202590+ days and still accruing60-89 days past due30-59 days past due(In thousands)NonaccrualCurrentTotal LoansLoan Balances (includes PCD):Commercial$66,577 $— $12,190 $36,136 $16,429,439 $16,544,342 Commercial real estateConstruction and development3,227 — 630 40,276 2,614,020 2,658,153 Non-construction24,975 — 13,489 42,779 10,879,811 10,961,054 Home equity1,295 — 246 2,294 480,367 484,202 Residential real estate, excluding early buy-out loans28,942 — 8,829 95 3,981,180 4,019,046 Premium finance receivables—property & casualty24,512 13,006 23,527 38,133 8,267,114 8,366,292 Premium finance receivables—life insurance— — 34,016 34,506 8,690,031 8,758,553 Consumer and other38 60 49 159 146,710 147,016 Total loans, net of unearned income, excluding