| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 463 | 439 | ||
| Interest bearing deposits in other financial institutions | 5,293 | 2,328 | ||
| Cash and cash equivalents | 5,756 | 2,767 | ||
| Investment securities - afs, at fair value amortized cost of 17,703 at september 30, 2025 and 14,178 at december 31, 2024 (acl of and 0.4 at september 30, 2025 and december 31, 2024, respectively) | 17,230 | 16,898 | ||
| Investment securities - htm, at amortized cost and net of acl of 12.0 and 16.4 (fair value of 1,367 and 1,309) at september 30, 2025 and december 31, 2024, respectively | 1,520 | 1,528 | ||
| Investment securities - equity | 91 | 122 | ||
| Investments in restricted stock, at cost | 189 | 269 | ||
| Loans hfs | 3,502 | 3,022 | ||
| Loans hfi, net of deferred fees and costs | 56,646 | 55,939 | ||
| Less allowance for credit losses | 440 | 395 | ||
| Investment securities - trading, at fair value | - | 53 | ||
| Net loans hfi | 56,206 | 55,544 | ||
| Mortgage servicing rights | 1,213 | 1,044 | ||
| Premises and equipment, net | 416 | 365 | ||
| Operating lease right of use asset | 134 | 130 | ||
| Bank owned life insurance | 1,045 | 1,033 | ||
| Goodwill and intangible assets, net | 651 | 653 | ||
| Deferred tax assets, net | 341 | 313 | ||
| Investments in lihtc and renewable energy | 571 | 588 | ||
| Other assets | 2,105 | 2,396 | ||
| Total assets | 90,970 | 86,725 | ||
| Non-interest bearing | 26,628 | 22,997 | ||
| Interest bearing | 50,619 | 48,110 | ||
| Total deposits | 77,247 | 71,107 | ||
| Other borrowings | 3,862 | 6,052 | ||
| Qualifying debt | 681 | 678 | ||
| Operating lease liability | 164 | 160 | ||
| Other liabilities | 1,326 | 1,321 | ||
| Total liabilities | 83,280 | 79,318 | ||
| Preferred stock (par value 0.0001 20,000,000 authorized 30,000 shares (12,000,000 depositary shares) issued and outstanding and liquidation value per depositary share of 25 at september 30, 2025 and december 31, 2024) | 295 | 295 | ||
| Common stock (par value 0.0001 200,000,000 authorized 113,212,117 shares issued at september 30, 2025 and 112,897,807 at december 31, 2024) and additional paid in capital | 2,277 | 2,273 | ||
| Treasury stock, at cost (2,980,632 shares at september 30, 2025 and 2,845,201 shares at december 31, 2024) | 137 | 137 | ||
| Accumulated other comprehensive loss | -409 | -482 | ||
| Retained earnings | 5,371 | 5,165 | ||
| Total western alliance stockholders equity | 7,397 | 7,114 | ||
| Noncontrolling interest in subsidiary | 293 | 293 | ||
| Total equity | 7,690 | 7,407 | ||
| Total liabilities and equity | 90,970 | 86,725 | ||
WESTERN ALLIANCE BANCORPORATION (WAL)
WESTERN ALLIANCE BANCORPORATION (WAL)