Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 129

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 129
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 and the aggregate effective tax rates in the segments are adjusted in the Corporate & Other segment.The assignment and allocation methodologies used in the segment reporting process discussed above change from time to time as systems are enhanced, methods for evaluating segment performance or product lines change or as business segments are realigned. 

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The following is a summary of operating segment information for the periods indicated:Balance Sheet:Consolidated CompanyCommercialConsumer RelatedCorporate & OtherAt September 30, 2025:(in millions)Assets:Cash, cash equivalents, and investment securities$24,597 $13 $— $24,584 Loans HFS3,502 — 3,502 — Loans HFI, net of deferred fees and costs56,646 33,830 22,816 — Less: allowance for credit losses(440)(379)(61)— Net loans HFI56,206 33,451 22,755 — Goodwill and other intangible assets, net651 290 361 — Other assets6,014 326 2,123 3,565 Total assets$90,970 $34,080 $28,741 $28,149 Liabilities:Deposits$77,247 $28,584 $42,725 $5,938 Borrowings and qualifying debt4,543 — 62 4,481 Other liabilities1,490 88 577 825 Total liabilities83,280 28,672 43,364 11,244 Allocated equity:7,690 3,296 2,423 1,971 Total liabilities and equity$90,970 $31,968 $45,787 $13,215 Excess funds provided (used)$— $(2,112)$17,046 $(14,934)Income Statement: Three Months Ended September 30, 2025:(in millions)Interest income$1,225.5 $637.1 $314.8 $273.6 Interest expense475.1 168.9 164.4 141.8 Funds transfer pricing— (121.9)326.5 (204.6)Net interest income (expense)750.4 346.3 476.9 (72.8)Provision for (recovery of) credit losses80.0 80.