Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 192

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 192
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 have been placed into deposit accounts of the banks.

Other Funding Sources

Although deposits are the Company’s primary source of funding its interest-earning assets, the Company’s ability to manage the types and terms of deposits is somewhat limited by customer preferences and market competition. As a result, in addition to deposits and the issuance of equity securities and the retention of earnings, the Company uses several other funding sources to support its growth. These sources include FHLB advances, notes payable, short-term borrowings, secured borrowings, subordinated debt and junior subordinated debentures. The Company evaluates the terms and unique characteristics of each source, as well as its asset-liability management position, in determining the use of such funding sources.

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Table of Contents

The following table sets forth, by category, the composition of the average balances of other funding sources for the quarterly periods presented:

Three Months EndedSeptember 30,June 30,September 30,(In thousands)202520252024FHLB advances$3,151,310 $3,151,310 $3,178,973 Other borrowings:Notes payable128,425 135,556 156,949 Short-term borrowings24 — 37 Secured borrowings430,265 403,622 407,993 Other56,178 54,479 57,813 Total other borrowings$614,892 $593,657 $622,792 Subordinated notes298,481 298,398 298,135 Junior subordinated debentures253,566 253,566 253,566 Total other funding sources$4,318,249 $4,296,931 $4,353,466 

See Note (11) “FHLB Advances, Other Borrowings and Subordinated Notes” and Note (12) “Junior Subordinated Debentures” of the Consolidated Financial Statements presented under Item 1 of this report for details of period end balances and other information for these various funding sources. The Company hereby incorporates by reference Note (11) and Note (12) of the Consolidated Financial Statements presented under Item 1 of this report in its entirety. 

Shareholders’ Equity

The following tables reflect various consolidated measures of capital as of the dates presented and the capital guidelines established for a bank holding company:

September 30,    2025 (2)June 30,    2025 (3)September 30,