Company: WAL-PA
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001212545-25-000141
Chunk: 23

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 2
Chunk 23
---
Equity fund resources1 0.2 0.00 Other commercial and industrial17 3.6 0.03 CRE - owner occupied5 1.0 0.01 Other CRE - non-owner occupied243 51.1 0.45 Residential88 18.5 0.17 Construction and land development56 11.8 0.11 Other1 0.2 0.00 Total non-accrual loans$476 100.0 %0.89 %

Restructurings for Borrowers Experiencing Financial Difficulty

The following tables present the amortized cost basis of loans HFI that were modified during the period by loan portfolio segment:

Amortized Cost Basis at March 31, 2025Term ExtensionInterest Rate ReductionPayment DelayTotal% of Total Class of Financing ReceivableThree Months Ended (in millions)Tech & innovation$5 $1 $18 $24 0.7 %Other commercial and industrial— — 85 85 0.8 Other CRE - non-owner occupied46 — 107 153 2.4 Construction and land development— — 37 37 0.8 Total$51 $1 $247 $299 0.5 %

Amortized Cost Basis at March 31, 2024Term ExtensionInterest Rate ReductionPayment DelayTotal% of Total Class of Financing ReceivableThree Months Ended (dollars in millions)Tech & innovation$— $— $30 $30 1.0 %Other commercial and industrial8 — — 8 0.1 CRE - owner occupied31 — — 31 1.8 Construction and land development39 — — 39 0.8 Total$78 $— $30 $108 0.2 %

74

The performance of these modified loans is monitored for 12 months following the modification. As of March 31, 2025, modified loans of $135 million were current with contractual payments and $164 million were on nonaccrual status. As of December 31, 2024, modified loans of $128 million were current with contractual payments and $169 million were on nonaccrual status.

In the normal course of business, the Company also modifies EBO loans, which are delinquent FHA, VA, or USDA insured or