Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 269

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 269
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 contribution to net interest margin from net free funds is calculated using the rate paid for total interest-bearing liabilities.

(8)See “Non-GAAP Financial Measures/Ratios” for additional information on this performance measure/ratio.

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Changes In Interest Income and Expense

The following table shows the dollar amount of changes in interest income and expense, on a fully taxable-equivalent basis (non-GAAP), by major categories of interest-earning assets and interest-bearing liabilities attributable to changes in volume or rate for the periods indicated:

 Years Ended December 31, 2024 Compared to 20232023 Compared to 2022(In thousands)ChangeDue toRateChangeDue toVolumeTotalChangeChangeDue toRateChangeDue toVolumeTotalChangeInterest income, FTE basis (non-GAAP) (1)Interest-bearing deposits with banks, securities purchased under resale agreements and cash equivalents (2)$968 $33,867 $34,835 $67,201 $(34,768)$32,433 Investment securities21,089 16,691 37,780 52,257 26,003 78,260 FHLB and FRB stock2,208 2,940 5,148 2,005 4,285 6,290 Total liquidity management assets$24,265 $53,498 $77,763 $121,463 $(4,480)$116,983 Other earning assets(75)2 (73)403 (260)143 Mortgage loans held-for-sale1,387 3,258 4,645 5,792 (10,196)(4,404)Loans, net of unearned income207,753 296,199 503,952 872,679 164,755 1,037,434 Total interest income$233,330 $352,957 $586,287 $1,000,337 $149,819 $1,150,156 Interest ExpenseDeposits — interest-bearing:NOW and interest-bearing demand deposits$13,940 $(5,733)$8,207 $93,047 $1,461 $94,508 Wealth management deposits4,664 (7,122)(2,458)28,052 (15,020)13,032 Money market accounts110,745 79,766 190,511 338,999 10