Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 85

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 85
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 extent to which collateral secures its collateral dependent loans, whether in the form of general deterioration or from other factors during the period ended September 30, 2025. Allowance for Credit LossesThe ACL consists of the ACL on funded loans HFI and an ACL on unfunded loan commitments. The ACL on HTM securities is estimated separately from loans, see "Note 2. Investment Securities" of these Notes to Unaudited Consolidated Financial Statements for further discussion. Management considers the level of ACL to be a reasonable and supportable estimate of expected credit losses inherent within the Company's HFI loan portfolio as of September 30, 2025. The below tables reflect the activity in the ACL on loans HFI by loan portfolio segment, which includes an estimate of future recoveries:Three Months Ended September 30, 2025Balance, June 30, 2025Provision for (Recovery of) Credit LossesCharge-offsRecoveriesBalance, September 30, 2025(in millions)Mortgage finance$4.4 $0.6 $— $— $5.0 Municipal & nonprofit11.3 0.8 — — 12.1 Tech & innovation45.7 10.7 3.7 (0.4)53.1 Equity fund resources2.2 0.4 — — 2.6 Other commercial and industrial110.7 43.5 8.4 (0.2)146.0 CRE - owner occupied3.9 (0.6)— — 3.3 Hotel franchise finance36.0 2.1 — — 38.1 Other CRE - non-owner occupied125.0 19.6 12.9 — 131.7 Residential19.9 2.2 — — 22.1 Construction and land development33.6 (3.3)6.3 — 24.0 Other2.0 0.8 0.5 (0.1)2.4 Total$394.7 $76.8 $31.8 $(0.7)$440.4 

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Nine Months Ended September 30, 2025Balance, December 31, 2024Provision for (Recovery of) Credit LossesCharge-offsRecoveriesBalance