Company: WAL-PA
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001212545-25-000141
Chunk: 245

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 8
Chunk 245
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,922 144.0 4.66 Cash and other4,083 46.6 4.63 2,953 39.1 5.33 Total interest earning assets77,179 1,095.6 5.81 68,017 1,055.0 6.29 Non-interest earning assetsCash and due from banks331 285 Allowance for credit losses(397)(349)Bank owned life insurance1,015 186 Other assets4,720 4,542 Total assets$82,848 $72,681 Interest bearing liabilitiesInterest bearing deposits:Interest bearing demand accounts$15,870 $99.9 2.55 %$16,348 $122.0 3.00 %Savings and money market accounts21,206 164.8 3.15 15,247 129.9 3.43 Certificates of deposit10,018 113.6 4.60 10,129 128.7 5.11 Total interest bearing deposits47,094 378.3 3.26 41,724 380.6 3.67 Short-term borrowings1,722 20.8 4.89 3,715 53.8 5.82 Long-term debt2,652 36.6 5.60 444 12.2 11.06 Qualifying debt899 9.3 4.18 895 9.5 4.28 Total interest bearing liabilities52,367 445.0 3.45 46,778 456.1 3.92 Interest cost of funding earning assets2.34 2.69 Non-interest bearing liabilitiesNon-interest bearing deposits22,097 18,183 Other liabilities1,485 1,536 Equity6,899 6,184 Total liabilities and equity$82,848 $72,681 Net interest income and margin (4)$650.6 3.47 %$598.9 3.60 %

(1)Yields on loans and securities have been adjusted to a TEB. The taxable-equivalent adjustment was $10.2 million and $9.6 million for the three months ended March 31, 2025 and 2024, respectively. 

(2)Included in the yield computation are net loan fees of