Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 213

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 213
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 $— $— $— $50 $29 $12 $91 CRA investments— 26 — — — — — 26 Total equity securities (1)$— $26 $— $— $50 $29 $12 $117 (1)For rated securities, if ratings differ, the Company uses an average of the available ratings by major credit agencies.

17

A security is considered to be past due once it is 30 days contractually past due under the terms of the agreement. As of September 30, 2025, the Company did not have a significant amount of investment securities that were past due or on nonaccrual status.The amortized cost and fair value of the Company's debt securities as of September 30, 2025, by contractual maturities are shown below. MBS are shown separately as individual MBS are comprised of pools of loans with varying maturities.September 30, 2025Amortized CostEstimated Fair Value(in millions)Held-to-maturityDue in one year or less$15 $15 After one year through five years20 21 After five years through ten years190 179 After ten years1,138 1,014 Mortgage-backed securities169 138 Total HTM securities$1,532 $1,367 Available-for-saleDue in one year or less$1,393 $1,395 After one year through five years2,118 2,118 After five years through ten years683 674 After ten years4,334 4,312 Mortgage-backed securities9,175 8,731 Total AFS securities$17,703 $17,230 The following table presents gross gains and losses on sales of investment securities: Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(in millions)Available-for-sale securitiesGross gains$8.6 $8.8 $22.5 $12.4 Gross losses(0.1)— (0.1)(2.2)Net gain on AFS securities$8.5 $8.8 $22.4 $10.2 Equity securitiesGross gains $— $— $0.2 $— Gross losses— —