Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 152

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 152
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 measured at fair value on a recurring basis during the years ended December 31, 2024 and 2023 are summarized as follows:(In thousands)MunicipalMortgage loans held-for-saleLoans held-for-investmentMSRsDerivative assetsBalance at January 1, 2024$86,237 $26,835 $60,670 $192,456 $4,510 Total net gains (losses) included in:Net income (1)— 370 (43)11,332 (2,560)Other comprehensive income or loss(11,212)— — — — Purchases84,839 — — — — Issuances— — — — — Sales— — — — — Settlements(38,257)(48,555)(43,525)— — Net transfers into Level 3— 81,749 17,794 — — Balance at December 31, 2024$121,607 $60,399 $34,896 $203,788 $1,950 (In thousands)MunicipalMortgage loans held-for-saleLoans held-for-investmentMSRsDerivative assetsBalance at January 1, 2023$117,537 $48,655 $84,165 $230,225 $1,711 Total net (losses) gains included in:Net income (1)— 1,960 (103)(7,599)2,799 Other comprehensive income or loss(7,152)— — — — Purchases36,688 — — — — Issuances— — — — — Sales— — — (30,170)— Settlements(60,836)(75,342)(69,218)— — Net transfers into Level 3— 51,562 45,826 — — Balance at December 31, 2023$86,237 $26,835 $60,670 $192,456 $4,510 (1)Changes in the balance of mortgage loans held-for-sale, MSRs and derivative assets related to fair value adjustments are recorded as components of mortgage banking revenue.  Changes in the balance of loans held-for-investment related to fair value adjustments