Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 267

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 267
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Loans HFI, net of deferred fees and costs53,676 31,544 22,132 — Less: allowance for credit losses(374)(320)(54)— Net loans HFI53,302 31,224 22,078 — Goodwill and other intangible assets, net659 291 368 — Other assets5,496 367 1,923 3,206 Total assets$80,934 $31,896 $26,655 $22,383 Liabilities:Deposits$66,341 $25,487 $33,767 $7,087 Borrowings and qualifying debt6,472 15 37 6,420 Other liabilities1,414 72 476 866 Total liabilities74,227 25,574 34,280 14,373 Allocated equity:6,707 2,727 1,899 2,081 Total liabilities and equity$80,934 $28,301 $36,179 $16,454 Excess funds provided (used)$— $(3,595)$9,524 $(5,929)Income Statement: Three Months Ended June 30, 2024:(in millions)Interest income$1,147.5 $625.5 $258.5 $263.5 Interest expense490.9 174.8 155.3 160.8 Funds transfer pricing— (158.6)236.0 (77.4)Net interest income656.6 292.1 339.2 25.3 Provision for credit losses37.1 36.1 1.0 — Net interest income after provision for credit losses619.5 256.0 338.2 25.3 Non-interest income115.2 23.1 90.0 2.1 Salaries and employee benefits153.0 39.8 31.5 81.7 Other non-interest expense (1)333.8 110.4 299.9 (76.5)Income before provision for income taxes247.9 128.9 96.8 22.2 Income tax expense54.3 28.1 21.5 4.7 Net income$193.6 $100.8 $