Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 207

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 207
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ross Unrealized GainsGross Unrealized (Losses)Fair Value(in millions)Held-to-maturityTax-exempt$1,363 $2 $(136)$1,229 Private label residential MBS169 — (31)138 Total HTM securities$1,532 $2 $(167)$1,367 Available-for-sale debt securitiesResidential MBS issued by GSEs and GNMA$7,347 $43 $(325)$7,065 U.S. Treasury securities5,313 75 — 5,388 CLO1,883 6 (1)1,888 Private label residential MBS1,203 1 (160)1,044 Tax-exempt895 — (90)805 Commercial MBS issued by GSEs and GNMA625 5 (8)622 Corporate debt securities362 — (12)350 Other75 1 (8)68 Total AFS debt securities$17,703 $131 $(604)$17,230 December 31, 2024Amortized CostGross Unrealized GainsGross Unrealized (Losses)Fair Value(in millions)Held-to-maturityTax-exempt$1,350 $1 $(180)$1,171 Private label residential MBS176 — (38)138 Total HTM securities$1,526 $1 $(218)$1,309 Available-for-sale debt securitiesResidential MBS issued by GSEs and GNMA$6,225 $16 $(410)$5,831 U.S. Treasury securities4,385 1 (3)4,383 Private label residential MBS1,148 — (201)947 Tax-exempt921 — (76)845 CLO570 — — 570 Commercial MBS issued by GSEs and GNMA447 1 (11)437 Corporate debt securities407 — (21)386 Other75 1 (7)69 Total AFS debt securities$14,178 $19 $(729)$13,468 In addition, the Company held equity securities, which primarily consisted of preferred stock and CRA investments, with a fair value of $91 million and $117 million at September 30, 2025 and December 31, 202