Company: WTFCN
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001015328-25-000093
Chunk: 288

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 288
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%— %2.68 %Equity securities with readily determinable fair value— %— %— %— %— %0.32 %0.32 %

(1) None of our mortgage-backed securities are subprime.

73

Credit Quality

Commercial and Commercial Real Estate Loan Portfolios

Commercial and commercial real estate loans.  Our commercial and commercial real estate loan portfolios are comprised primarily of commercial real estate loans and lines of credit for working capital purposes. The table below sets forth information regarding the types, amounts and performance of our loans within these portfolios as of December 31, 2024 and 2023:

As of December 31, 2024As of December 31, 2023Balance% ofTotalBalanceAllowanceFor Credit Losses AllocationBalance% ofTotalBalanceAllowanceFor Credit Losses AllocationCommercial:Commercial, industrial and other$15,574,551 54.7 %$175,837 $12,832,053 53.1 %$169,604 Commercial Real Estate:Construction and development$2,434,081 8.5 %$87,236 $2,084,041 8.6 %$94,081 Non-construction10,469,863 36.8 135,620 9,260,123 38.3 129,772 Total commercial real estate$12,903,944 45.3 %$222,856 $11,344,164 46.9 %$223,853 Total commercial and commercial real estate$28,478,495 100.0 %$398,693 $24,176,217 100.0 %$393,457 Commercial real estate—collateral location by state:Illinois$7,043,810 54.6 %$6,935,002 61.1 %Wisconsin918,976 7.1 878,888 7.7 Michigan877,058 6.8 195,212 1.7 Total primary markets$8,839,844 68.5 %$8,009,102 70.5 %Indiana447,768 3.5 367,215 3.2 Florida434,078 3.4 337,771 3.0 Colorado249,070 1.