Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 148

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 148
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 deposits:Interest bearing demand accounts$15,883 $298.5 2.51 %$16,693 $379.4 3.04 %Savings and money market accounts22,113 524.7 3.17 16,644 442.4 3.55 Certificates of deposit10,076 331.1 4.39 10,230 391.2 5.11 Total interest bearing deposits48,072 1,154.3 3.21 43,567 1,213.0 3.72 Short-term borrowings2,452 86.7 4.72 4,032 170.4 5.65 Long-term debt2,686 112.1 5.58 483 38.1 10.51 Qualifying debt800 23.8 3.97 896 28.6 4.26 Total interest bearing liabilities54,010 1,376.9 3.41 48,978 1,450.1 3.95 Interest cost of funding earning assets2.27 2.65 Non-interest bearing liabilitiesNon-interest bearing deposits24,051 21,284 Other liabilities1,534 1,481 Equity7,289 6,384 Total liabilities and equity$86,884 $78,127 Net interest income and margin (4)$2,098.6 3.51 %$1,952.4 3.61 %

(1)Yields on loans and securities have been adjusted to a TEB. The taxable-equivalent adjustment was $30.1 million and $29.5 million for the nine months ended September 30, 2025 and 2024, respectively. 

(2)Included in the yield computation are net loan fees of $77.4 million and $86.9 million for the nine months ended September 30, 2025 and 2024, respectively.

(3)Includes non-accrual loans.

(4)Net interest margin is computed by dividing net interest income by total average earning assets, annualized on an actual/actual basis.

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Three Months Ended September 30,Nine Months Ended September 30,2025 versus 20242025 versus 2024Increase (Decrease) Due to Changes in (1)Increase (Decrease) Due to Changes in (