Company: WTFCN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001015328-25-000188
Chunk: 18

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 18
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,867 $(510,575)(1)None of our mortgage-backed securities are subprime.The Company conducts a regular assessment of its investment securities to determine whether securities are experiencing credit losses. Factors for consideration include the nature of the securities, credit ratings or financial condition of the issuer, the extent of the unrealized loss, expected cash flows, market conditions and the Company’s ability to hold the securities through the anticipated recovery period.The Company does not consider available-for-sale securities with unrealized losses at June 30, 2025 to be experiencing credit losses and recognized no resulting allowance for credit losses for such individually assessed credit losses. The Company does not intend to sell these investments and it is more likely than not that the Company will not be required to sell these investments before recovery of the amortized cost bases, which may be the maturity dates of the securities. The unrealized losses within each category have occurred as a result of changes in interest rates, market spreads and market conditions subsequent to purchase. Available-for-sale securities with continuous unrealized losses existing for more than twelve months at June 30, 2025 were primarily mortgage-backed securities with unrealized losses due to increased market rates during such period. See Note (7) “Allowance for Credit Losses” in Item 1 of this report for further discussion regarding any credit losses associated with held-to-maturity securities at June 30, 2025.

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The following table provides information as to the amount of gross gains and losses, adjustments and impairment on investment securities recognized in earnings and proceeds received through the sale or call of investment securities:Three months ended June 30,Six months ended June 30,(In thousands)2025202420252024Realized gains on investment securities$94 $1,325 $283 $2,360 Realized losses on investment securities(263)(21)(624)(129)Net realized (losses) gains on investment securities(169)1,304 (341)2,231 Unrealized gains on equity securities with readily determinable fair value1,892 74 5,337 1,108 Unrealized losses on equity securities with readily determinable fair value— (1,931)(57)(2,564)Net unrealized gains on equity securities with readily determinable fair value1,892 (1,857)5,280 (1,456)Downward adjustments of equity securities without readily determinable fair values— — (20)— Impairment