Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 145

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 145
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.6 4.49 10,278 261.6 5.12 Total interest bearing deposits47,312 756.1 3.22 43,003 790.9 3.70 Short-term borrowings2,389 56.4 4.76 3,940 112.6 5.75 Long-term debt2,575 71.8 5.62 441 24.4 11.13 Qualifying debt862 17.5 4.10 895 19.1 4.28 Total interest bearing liabilities53,138 901.8 3.42 48,279 947.0 3.94 Interest cost of funding earning assets2.31 2.69 Non-interest bearing liabilitiesNon-interest bearing deposits22,837 19,589 Other liabilities1,530 1,493 Equity7,128 6,257 Total liabilities and equity$84,633 $75,618 Net interest income and margin (4)$1,348.2 3.50 %$1,255.5 3.61 %

(1)Yields on loans and securities have been adjusted to a TEB. The taxable-equivalent adjustment was $20.3 million and $19.5 million for the six months ended June 30, 2025 and 2024, respectively. 

(2)Included in the yield computation are net loan fees of $49.3 million and $65.2 million for the six months ended June 30, 2025 and 2024, respectively.

(3)Includes non-accrual loans.

(4)Net interest margin is computed by dividing net interest income by total average earning assets, annualized on an actual/actual basis.

68

Three Months Ended June 30,Six Months Ended June 30,2025 versus 20242025 versus 2024Increase (Decrease) Due to Changes in (1)Increase (Decrease) Due to Changes in (1)VolumeRateTotalVolumeRateTotal(in millions)Interest income:Loans HFS$30.4 $0.6 $31.0 $59.6 $(1.2)$58.4 Loans HFI:Commercial and industrial68.0 (46.0)22.0 133.6 (91.4)42.2