Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 296

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 296
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41,941 Variable rate57,621 — — — 57,621 Total consumer and other$90,128 $7,587 $927 $920 $99,562 Total per categoryFixed rate$8,536,176 $6,719,218 $2,472,074 $1,186,257 $18,913,725 Variable rate26,792,206 597,432 1,751,674 — 29,141,312 Total loans, net of unearned income$35,328,382 $7,316,650 $4,223,748 $1,186,257 $48,055,037 Less: Existing cash flow hedging derivatives (1)(6,700,000)Total loans repricing or maturing in one year or less, adjusted for cash flow hedging activity$28,628,382 Variable Rate Loan Pricing by Index:SOFR tenors (2)$18,029,528 12- month CMT (3)6,355,203 Prime3,388,920 Fed Funds886,812 Other U.S. Treasury tenors190,576 Other290,273 Total variable rate$29,141,312 

(1)Excludes cash flow hedges with future effective starting dates.

(2)SOFR - Secured Overnight Financing Rate.

(3)CMT - Constant Maturity Treasury Rate.SOFR - Secured Overnight Financing Rate

78

Past Due Loans and Non-Performing Assets

The Company’s ability to manage credit risk depends in large part on its ability to properly identify and manage problem loans. To do so, the Company operates a credit risk rating system under which credit management personnel assign a credit risk rating (1 to 10 rating, with higher scores indicating higher risk) to each loan at the time of origination and review loans on a regular basis. For loans measured at amortized cost, these credit risk ratings are also an important aspect of the Company’s allowance for credit losses measurement methodology. The credit risk rating structure and classifications are shown below:

1 Rating —      Minimal Risk (Loss Potential — none or extremely low) (Superior asset quality, excellent liquidity, minimal leverage)2 Rating —      Modest Risk (Loss Potential demonstrably low) (Very good asset quality and liquidity, strong leverage capacity)3 Rating —