Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 126

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 126
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 to the Corporate & Other segment and presented in net interest income.The net income amount for each reportable segment is further derived by the use of expense allocations. Certain expenses not directly attributable to a specific segment are allocated across all segments based on key metrics, such as number of employees, number of transactions processed for loans and deposits, and average loan and deposit balances. These types of expenses include information technology, operations, human resources, finance, risk management, credit administration, legal, and marketing.Income taxes are applied to each segment based on estimated effective tax rates. Any difference in the corporate tax rate and the aggregate effective tax rates in the segments are adjusted in the Corporate & Other segment.The assignment and allocation methodologies used in the segment reporting process discussed above change from time to time as systems are enhanced, methods for evaluating segment performance or product lines change or as business segments are realigned. 

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The following is a summary of operating segment information for the periods indicated:Balance Sheet:Consolidated CompanyCommercialConsumer RelatedCorporate & OtherAt June 30, 2025:(in millions)Assets:Cash, cash equivalents, and investment securities$21,368 $16 $53 $21,299 Loans HFS3,022 — 3,022 — Loans HFI, net of deferred fees and costs55,939 33,207 22,732 — Less: allowance for credit losses(395)(332)(63)— Net loans HFI55,544 32,875 22,669 — Goodwill and other intangible assets, net653 290 363 — Other assets6,138 318 1,978 3,842 Total assets$86,725 $33,499 $28,085 $25,141 Liabilities:Deposits$71,107 $26,307 $38,546 $6,254 Borrowings and qualifying debt6,730 — 44 6,686 Other liabilities1,481 76 564 841 Total liabilities79,318 26,383 39,154 13,781 Allocated equity:7,407 3,503 2,352 1,552 Total liabilities and equity$86,725 $29,886 $41,506 $15,333 Excess funds provided (used)$— $(3,613)$13,421 $(9,808