Company: WAL-PA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001212545-25-000090
Chunk: 91

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7
Chunk 91
---
55 Total interest earning assets74,265 4,541.1 6.17 65,412 4,035.3 6.22 Non-interest earning assetsCash and due from banks293 273 Allowance for credit losses(357)(326)Bank owned life insurance589 183 Other assets4,483 4,581 Total assets$79,273 $70,123 Interest bearing liabilitiesInterest bearing deposits:Interest bearing demand accounts$16,155 $480.7 2.98 %$12,422 $352.0 2.83 %Savings and money market accounts17,462 610.2 3.49 14,903 428.1 2.87 Certificates of deposit10,085 509.3 5.05 7,945 362.5 4.56 Total interest bearing deposits43,702 1,600.2 3.66 35,270 1,142.6 3.24 Short-term borrowings3,893 216.3 5.56 7,800 434.6 5.57 Long-term debt830 67.7 8.16 862 81.3 9.43 Qualifying debt896 38.0 4.25 892 37.9 4.25 Total interest bearing liabilities49,321 1,922.2 3.90 44,824 1,696.4 3.78 Interest cost of funding earning assets2.59 2.59 Non-interest bearing liabilitiesNon-interest bearing deposits22,017 18,293 Other liabilities1,455 1,287 Stockholders’ equity6,480 5,719 Total liabilities and stockholders' equity$79,273 $70,123 Net interest income and margin (4)$2,618.9 3.58 %$2,338.9 3.63 %

(1)Yields on loans and securities have been adjusted to a TEB. The taxable-equivalent adjustment was $39.5 million and $35.5 million for the year ended December 31, 2024 and 2023, respectively. 

(2)Included in the yield computation are net loan fees of $109.0 million and $131.2 million for the year ended December 31, 2024 and