Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 147

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 147
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)Net interest margin is computed by dividing net interest income by total average earning assets, annualized on an actual/actual basis.

67

Nine Months Ended September 30,20252024Average BalanceInterestAverage Yield / CostAverageBalanceInterestAverage Yield / Cost(dollars in millions)Interest earning assetsLoans HFS$4,725 $217.7 6.16 %$3,192 $149.1 6.24 %Loans HFI:Commercial and industrial24,056 1,168.9 6.55 20,220 1,107.8 7.38 CRE - non-owner occupied10,247 547.8 7.15 9,613 560.6 7.80 CRE - owner occupied1,785 80.7 6.15 1,835 83.5 6.18 Construction and land development4,309 269.2 8.36 4,806 340.0 9.45 Residential real estate14,435 457.5 4.24 14,565 470.0 4.31 Consumer34 1.8 6.99 54 2.9 7.14 Total loans HFI (1), (2), (3)54,866 2,525.9 6.18 51,093 2,564.8 6.74 Investment securities:Taxable15,322 529.2 4.62 13,027 461.0 4.73 Tax-exempt2,221 72.0 5.44 2,217 70.6 5.34 Total investment securities (1)17,543 601.2 4.72 15,244 531.6 4.82 Cash and other3,909 130.7 4.47 3,716 157.0 5.64 Total interest earning assets81,043 3,475.5 5.78 73,245 3,402.5 6.26 Non-interest earning assetsCash and due from banks358 285 Allowance for credit losses(405)(355)Bank owned life insurance1,026 451 Other assets4,862 4,501 Total assets$86,884 $78,127 Interest bearing liabilitiesInterest bearing