Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 20

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 20
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 of the securities. The unrealized losses within each category have occurred as a result of changes in interest rates, market spreads and market conditions subsequent to purchase. Available-for-sale securities with continuous unrealized losses existing for more than twelve months at September 30, 2025 were primarily mortgage-backed securities with unrealized losses due to increased market rates subsequent to the date the securities were purchased. See Note (7) “Allowance for Credit Losses” in Item 1 of this report for further discussion regarding any credit losses associated with held-to-maturity securities at September 30, 2025.

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The following table provides information as to the amount of gross gains and losses, adjustments and impairment on investment securities recognized in earnings and proceeds received through the sale or call of investment securities:Three months ended September 30,Nine months ended September 30,(In thousands)2025202420252024Realized gains on investment securities$3,563 $222 $3,846 $2,582 Realized losses on investment securities(2,689)(144)(3,313)(273)Net realized gains on investment securities874 78 533 2,309 Unrealized gains on equity securities with readily determinable fair value3,352 3,126 8,689 4,234 Unrealized losses on equity securities with readily determinable fair value(684)(15)(741)(2,579)Net unrealized gains on equity securities with readily determinable fair value2,668 3,111 7,948 1,655 Downward adjustments of equity securities without readily determinable fair values— — (20)— Impairment of equity securities without readily determinable fair values(570)— (1,643)(3,731)Adjustment and impairment, net, of equity securities without readily determinable fair values(570)— (1,663)(3,731)Gains on investment securities, net$2,972 $3,189 $6,818 $233 The amortized cost and fair value of available-for-sale and held-to-maturity investment securities as of September 30, 2025, December 31, 2024 and September 30, 2024, by contractual maturity, are shown in the following table. Contractual maturities may differ from actual maturities as borrowers may have the right to call or repay obligations with or without call or prepayment penalties.