Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 131

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 131
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 Sheet:Consolidated CompanyCommercialConsumer RelatedCorporate & OtherAt December 31, 2024:(in millions)Assets:Cash, cash equivalents, and investment securities$19,191 $14 $— $19,177 Loans HFS2,286 — 2,286 — 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 September 30, 2024:(in millions)Interest income$1,200.0 $647.9 $284.1 $268.0 Interest expense503.1 177.9 166.7 158.5 Funds transfer pricing— (184.4)316.6 (132.2)Net interest income696.9 285.6 434.0 (22.7)Provision for credit losses33.6 27.7 5.4 0.5 Net interest income after provision for credit losses663.3 257.9 428.6 (23.2)Non-interest income126.2 31.2 64.1 30.9 Salaries and employee benefits157.8 30.9 33.2 93.7 Other non-interest expense (1)379