Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 38

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 38
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 has been restructured to be reasonably assured of repayment and of performance according to the modified terms and is supported by a current, well-documented credit assessment of the borrower’s financial condition and prospects for repayment under the revised terms. Based on the Company’s credit risk rating system, it considers that borrowers whose credit risk rating is 5 or better are not experiencing financial difficulties.Restructurings may arise when, due to financial difficulties experienced by the borrower, the Company obtains through physical possession one or more collateral assets in satisfaction of all or part of an existing credit. Once possession is obtained, the Company reclassifies the appropriate portion of the remaining balance of the credit from loans to other real estate owned (“OREO”), which is included within other assets in the Consolidated Statements of Condition. For any residential real estate property collateralizing a consumer mortgage loan, the Company is considered to possess the related collateral only if legal title is obtained upon completion of foreclosure, or the borrower conveys all interest in the residential real estate property to the Company through completion of a deed in lieu of foreclosure or similar legal agreement. At September 30, 2025, the Company had no foreclosed residential real estate properties included within OREO. Further, the recorded investment in residential mortgage loans secured by residential real estate properties for which foreclosure proceedings are in process totaled $67.0 million and $40.4 million at September 30, 2025 and 2024, respectively. 

The tables below presents a summary of the period-end balance of loans to borrowers experiencing financial difficulties during the three and nine months ended September 30, 2025 and 2024:Three Months EndedSeptember 30, 2025(Dollars in thousands)TotalPercentage of Total Class of LoanExtension of TermReduction of InterestRateInterest OnlyPaymentsDelay in Contractual PaymentsExtension of Term and Reduction of Interest RateCommercial$4,7910.1 %$4,464 $— $— $— $327 Commercial real estateConstruction and development—— — — — — — Non-construction1960.0 196 — — — — Home equity—— — — — — — Residential real estate3920.0 287 — — — 105 Premium finance receivables—property & casualty—— — — — — — Total loans$5,3790.0 %$4,