Company: WTFCN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001015328-25-000207
Chunk: 18

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 18
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 40 (126)6,293 Collateralized mortgage obligations219,758 1,457 (17,303)203,912 Corporate notes57,025 — (1,953)55,072 Total held-to-maturity securities$3,677,899 $7,526 $(563,605)$3,121,820 Less: Allowance for credit losses(479)Held-to-maturity securities, net of allowance for credit losses$3,677,420 Equity securities with readily determinable fair value$127,700 $4,313 $(6,703)$125,310 (1)None of our mortgage-backed securities are subprime.Equity securities without readily determinable fair values totaled $67.8 million as of September 30, 2025. Equity securities without readily determinable fair values are included as part of accrued interest receivable and other assets in the Company’s Consolidated Statements of Condition. The Company monitors its equity investments without readily determinable fair values to identify potential transactions that may indicate an observable price change in orderly transactions for the identical or a similar investment of the same issuer, requiring adjustment to its carrying amount. During the three months ended September 30, 2025, the Company recorded no adjustment related to such observable price changes. During the nine months ended September 30, 2025, the Company recorded no upward adjustment and a downward adjustment of $20,000 related to such observable price changes. During the three and nine months ended September 30, 2024, the Company recorded no upward or downward adjustments related to such observable price changes. The Company conducts a quarterly assessment of its equity securities without readily determinable fair values to determine whether impairment exists in such securities, considering, among other factors, the nature of the securities, financial condition of the issuer and expected future cash flows. During the three and nine months ended September 30, 2025, the Company recorded $570,000 and $1.6 million impairment of equity securities without readily determinable fair values. During the three months ended September 30, 2024, the Company recorded no impairment of equity securities without readily determinable fair values. During the nine months ended September 30, 2024, the Company recorded $3.7 million impairment of equity securities without readily determinable fair values. 

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Table of Contents

The following table presents the portion of the Company’s available-for-sale investment securities portfolios that have