Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 274

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 274
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1 146.9 9.1 (4.9)Net interest income (expense) after provision for credit losses1,947.5 830.4 1,299.6 (182.5)Non-interest income463.5 120.9 272.3 70.3 Salaries and employee benefits555.8 116.6 123.2 316.0 Other non-interest expense (1)1,003.7 400.1 874.1 (270.5)Income (loss) before provision for income taxes851.5 434.6 574.6 (157.7)Income tax expense (benefit)154.1 73.9 99.1 (18.9)Net income (loss)$697.4 $360.7 $475.5 $(138.8)(1)    The composition of other non-interest expense is consistent with Non-interest expense as presented in the Consolidated Income Statement.

57

Balance Sheet:Consolidated CompanyCommercialConsumer RelatedCorporate & OtherAt December 31, 2024:(in millions)Assets:Cash, cash equivalents, and investment securities$19,191 $14 $— $19,177 Loans HFS2,286 — 2,286 — Loans HFI, net of deferred fees and costs53,676 31,544 22,132 — Less: allowance for credit losses(374)(320)(54)— Net loans HFI53,302 31,224 22,078 — Goodwill and other intangible assets, net659 291 368 — Other assets5,496 367 1,923 3,206 Total assets$80,934 $31,896 $26,655 $22,383 Liabilities:Deposits$66,341 $25,487 $33,767 $7,087 Borrowings and qualifying debt6,472 15 37 6,420 Other liabilities1,414 72 476 866 Total liabilities74,227 25,574 34,280 14,373 Allocated equity:6,707 2,727 1,899 2,081 Total liabilities and equity$80,934 $28,301 $36,179 $16,454