Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 246

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 246
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A) Interest Income (GAAP)$3,477,597 $2,893,114 $1,747,443 Taxable-equivalent adjustment: -Loans9,377 7,827 3,619  -Liquidity management assets2,501 2,249 1,977  -Other earning assets12 10 5 (B) Interest Income (non-GAAP)$3,489,487 $2,903,200 $1,753,044 (C) Interest Expense (GAAP)1,515,062 1,055,250 252,081 (D) Net Interest Income (GAAP) (A minus C)1,962,535 1,837,864 1,495,362 (E) Net interest Income, fully taxable-equivalent (non-GAAP) (B minus C)1,974,425 1,847,950 1,500,963 Net interest margin (GAAP)3.51 %3.66 %3.15 %Net interest margin, fully taxable-equivalent (non-GAAP)3.53 3.68 3.17 (F) Non-interest income$488,325 $434,106 $461,053 (G) Losses on investment securities, net(2,602)1,525 (20,427)(H) Non-interest expense1,402,724 1,312,499 1,177,271 Efficiency ratio (H/(D+F-G))57.17 %57.81 %59.55 %Efficiency ratio (non-GAAP) (H/(E+F-G))56.90 57.55 59.38 Reconciliation of Non-GAAP Tangible Common Equity Ratio:Total shareholders’ equity (GAAP)$6,344,297$5,399,526 $4,796,838 Less: Non-convertible preferred stock (GAAP)(412,500)(412,500)(412,500)Less: Acquisition-related intangible assets (GAAP)(918,632)(679,561)(675,710)(I) Total tangible common shareholders’ equity (non-GAAP)$5,013,165 $4,307,465 $3,708,628 (J) Total assets (GAAP)$64,879,668 $56,259,934 $52,949,