Company: WAL-PA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001212545-25-000090
Chunk: 155

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 155
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Restricted stock surrendered (1)— — (0.1)— — (8.7)— — (8.7)Dividends paid to preferred stockholders— — — — — — — (12.8)(12.8)Dividends paid to common stockholders— — — — — — — (164.0)(164.0)Other comprehensive loss, net— — — — — — (20.8)— (20.8)Balance, December 31, 202412.0 $294.5 110.0 $— $2,245.8 $(125.0)$(533.7)$4,825.9 $6,707.5 

(1)Share amounts represent treasury shares, see "Note 1. Summary of Significant Accounting Policies" for further discussion. 

See accompanying Notes to Consolidated Financial Statements.

81

WESTERN ALLIANCE BANCORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

December 31,202420232022(in millions)Cash flows from operating activities:Net income$787.7 $722.4 $1,057.3 Adjustments to reconcile net income to net cash (used in) provided by operating activities:Provision for credit losses145.9 62.6 68.1 Depreciation and amortization94.4 63.0 52.4 Stock-based compensation47.7 34.3 39.8 Deferred income taxes12.4 (24.9)(68.6)Amortization of net discounts for investment securities(207.3)(84.0)21.1 Amortization of tax credit investments75.2 64.3 63.2 Amortization of operating lease right of use asset24.1 23.5 22.2 Amortization of net deferred loan fees and net purchase premiums(85.6)(84.0)(73.6)Purchases and originations of loans HFS(48,667.3)(42,720.9)(45,407.0)Proceeds from sales and payments on loans HFS45,752.4 42,168.1 47,285.0 Mortgage servicing rights capitalized upon