Company: WTFCN
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001015328-25-000130
Chunk: 0

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 1
Chunk 0
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ITEM 1. FINANCIAL STATEMENTS

WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CONDITION(Unaudited)(Unaudited)(Dollars in thousands, except per share data)March 31,2025December 31,2024March 31,2024AssetsCash and due from banks$616,216 $452,017 $379,825 Federal funds sold and securities purchased under resale agreements63 6,519 61 Interest-bearing deposits with banks4,238,237 4,409,753 2,131,077 Available-for-sale securities, at fair value4,220,305 4,141,482 4,387,598 Held-to-maturity securities, at amortized cost, net of allowance for credit losses of $446, $457 and $329 at March 31, 2025, December 31, 2024 and March 31, 2024, respectively ($2.9 billion, $2.9 billion and $3.1 billion fair value at March 31, 2025, December 31, 2024 and March 31, 2024, respectively)3,564,490 3,613,263 3,810,015 Trading account securities— 4,072 2,184 Equity securities with readily determinable fair value270,442 215,412 119,777 Federal Home Loan Bank and Federal Reserve Bank stock281,893 281,407 224,657 Brokerage customer receivables— 18,102 13,382 Mortgage loans held-for-sale, at fair value316,804 331,261 339,884 Loans, net of unearned income48,708,390 48,055,037 43,230,706 Allowance for loan losses(378,207)(364,017)(348,612)Net loans48,330,183 47,691,020 42,882,094 Premises, software and equipment, net776,679 779,130 744,769 Lease investments, net280,472 278,264 283,557 Accrued interest receivable and other assets1,598,255 1,739,334 1,580,142 Receivable on unsettled securities sales463,023 — — Goodwill796