Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 46

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 46
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, 64,955 shares at December 31, 2024 and 24,940 shares at December 31, 2023(6,153)(2,217)Retained earnings3,897,164 3,345,399 Accumulated other comprehensive loss(508,335)(361,231)Total shareholders’ equity6,344,297 5,399,526 Total liabilities and shareholders’ equity$64,879,668 $56,259,934 

See accompanying Notes to Consolidated Financial Statements.

98

WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

Years Ended December 31,(In thousands, except per share data)202420232022Interest incomeInterest and fees on loans$3,043,354 $2,540,952 $1,507,726 Mortgage loans held-for-sale21,436 16,791 21,195 Interest-bearing deposits with banks115,253 78,978 43,447 Federal funds sold and securities purchased under resale agreements366 1,806 4,903 Investment securities276,115 238,587 160,600 Trading account securities48 41 22 Federal Home Loan Bank and Federal Reserve Bank stock20,060 14,912 8,622 Brokerage customer receivables965 1,047 928 Total interest income3,477,597 2,893,114 1,747,443 Interest expenseInterest on deposits1,343,642 906,470 175,202 Interest on Federal Home Loan Bank advances99,149 72,286 30,329 Interest on other borrowings34,480 35,280 14,294 Interest on subordinated notes18,117 22,024 22,004 Interest on junior subordinated debentures19,674 19,190 10,252 Total interest expense1,515,062 1,055,250 252,081 Net interest income1,962,535 1,837,864 1,495,362 Provision for credit losses101,047 114,390 78,589 Net interest income after provision for credit losses1,861,488 1,723,474 1,416,773 Non-interest incomeWealth management146,227 130,607 126,614