Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 108

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 108
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— 10 Interest rate contracts30 — 30 10 — 10 5 — 5 Equity warrants33 — 33 30 — 30 22 — 22 $88 $— $88 $45 $— $45 $37 $— $37 LiabilitiesForeign currency contracts$— $— $— $(1)$— $(1)$— $— $— Forward contracts(3)— (3)(1)— (1)(2)— (2)Interest rate lock commitments— — — (7)— (7)(2)— (2)Interest rate contracts(12)— (12)(14)— (14)(18)— (18)$(15)$— $(15)$(23)$— $(23)$(22)$— $(22)Total derivatives and marginAssets$523 $(134)$389 $305 $(52)$253 $265 $(21)$244 Liabilities(162)134 (28)(79)52 (27)(49)21 (28)

44

The following table summarizes the net gain (loss) on derivatives included in the non-interest income line items below:Three Months Ended June 30,Six Months Ended June 30,2025202420252024(in millions)Net gain (loss) on loan origination and sale activities:Interest rate lock commitments$10.8 $(2.3)$25.8 $(10.3)Forward contracts(17.5)9.3 (73.0)26.0 Interest rate contracts2.3 (0.7)2.3 (2.9)Other contracts(0.1)0.2 3.4 0.9 Net (loss) gain on derivatives$(4.5)$6.5 $(41.5)$13.7 Net loan servicing revenue:Forward contracts$(9.3)$(11.2)$(1.9)$(27.5)Futures contracts(0.6)3.7 (6.4)14.4 Interest rate contracts16.5 (16.7)42.8 (53.0)Net gain (loss) on derivatives$6.6 $(24.2)$34.5 $(66.1)Counterparty Credit