Company: WTFCN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001015328-25-000188
Chunk: 17

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 17
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 observable price changes. During the three and six months ended June 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 six months ended June 30, 2025, the Company recorded $1.1 million impairment of equity securities without readily determinable fair values. During the three and six months ended June 30, 2024, the Company recorded $3.7 million impairment of equity securities without readily determinable fair values. 

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The following table presents the portion of the Company’s available-for-sale investment securities portfolios that have gross unrealized losses, reflecting the length of time that individual securities have been in a continuous unrealized loss position at June 30, 2025:Continuous unrealizedlosses existing forless than 12 monthsContinuous unrealizedlosses existing forgreater than 12 monthsTotal(In thousands)Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized LossesAvailable-for-sale securitiesU.S. Treasury$— $— $— $— $— $— U.S. government agencies— — 45,824 (4,176)45,824 (4,176)Municipal46,160 (720)50,763 (2,517)96,923 (3,237)Corporate notes:Financial issuers— — 78,801 (3,199)78,801 (3,199)Other— — 998 (2)998 (2)Mortgage-backed: (1)Residential mortgage-backed securities1,037,618 (12,905)2,177,836 (465,863)3,215,454 (478,768)Commercial (multi-family) mortgage-backed securities92,662 (3,238)6,107 (396)98,769 (3,634)Collateralized mortgage obligations— — 64,098 (17,559)64,098 (17,559)Total available-for-sale securities$1,176,440 $(16,863)$2,424,427 $(493,712)$3,600