Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 55

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 55
---
 the respective counterparties. Fair values of certain mortgage banking derivatives (interest rate lock commitments and forward commitments to sell mortgage loans) are estimated based on changes in mortgage interest rates from the date of the loan commitment. The fair value of foreign currency derivatives is computed based on changes in foreign currency rates stated in the contract compared to those prevailing at the measurement date. Commodity derivative fair values are computed based on changes in the price per unit stated in the contract compared to those prevailing at the measurement date.The table below presents the fair value of the Company’s derivative financial instruments as of September 30, 2025, December 31, 2024 and September 30, 2024:Derivative AssetsDerivative Liabilities(In thousands)September 30,2025December 31,2024September 30,2024September 30,2025December 31,2024September 30,2024Derivatives designated as hedging instruments under ASC 815:Interest rate derivatives designated as Cash Flow Hedges$59,667 $7,329 $53,402 $4,950 $56,084 $14,522 Interest rate derivatives designated as Fair Value Hedges5,633 10,001 8,069 560 87 351 Total derivatives designated as hedging instruments under ASC 815$65,300 $17,330 $61,471 $5,510 $56,171 $14,873 Derivatives not designated as hedging instruments under ASC 815:Interest rate derivatives$136,018 $177,553 $185,456 $133,279 $183,799 $180,160 Interest rate lock commitments7,149 1,950 5,143 — 18 6 Forward commitments to sell mortgage loans47 1,297 31 2,654 88 1,055 Commodity forward contracts233 766 1,647 67 583 1,365 Foreign exchange contracts210 1,131 1,914 195 1,091 1,880 Total derivatives not designated as hedging instruments under ASC 815$143,657 $182,697 $194,191 $136,195 $185,579 $184,466 Total Derivatives$208,957 $200,027 $255,662 $141,705