Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 67

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 67
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— $— $— $— $— $— $1,526 $1,526 Available-for-sale debt securitiesResidential MBS issued by GSEs and GNMA$— $5,831 $— $— $— $— $— $5,831 U.S. Treasury securities— 4,383 — — — — — 4,383 Private label residential MBS921 — 26 — — — — 947 Tax-exempt9 19 348 375 — — 94 845 CLO50 — 465 55 — — — 570 Commercial MBS issued by GSEs and GNMA— 437 — — — — — 437 Corporate debt securities— — — 78 226 82 — 386 Other— 1 8 2 40 1 17 69 Total AFS securities (1)$980 $10,671 $847 $510 $266 $83 $111 $13,468 Equity securitiesPreferred stock$— $— $— $— $50 $29 $12 $91 CRA investments— 26 — — — — — 26 Total equity securities (1)$— $26 $— $— $50 $29 $12 $117 (1)For rated securities, if ratings differ, the Company uses an average of the available ratings by major credit agencies.A security is considered to be past due once it is 30 days contractually past due under the terms of the agreement. As of June 30, 2025, the Company did not have a significant amount of investment securities that were past due or on nonaccrual status.The amortized cost and fair value of the Company's debt securities as of June 30, 2025, by contractual maturities are shown below. MBS are shown separately as individual MBS are comprised of pools of loans with varying maturities.June 30, 2025Amortized CostEstimated Fair Value(in millions)Held-to-maturityDue in one year or less$24 $24 After one year through five years18 18 After five years through ten