Western alliance bancorporation (WALA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Payments of Ordinary Dividends, Common Stock

51,329

0

0

-

-

-

-

-

-

-

-

Payments of Ordinary Dividends, Preferred Stock and Preference Stock

-

-

-

-

750

1,387

1,410

3,793

7,033

7,000

6,833

Unrealized losses on assets and liabilities measured at fair value, net

-

-

-

-

-

1,212

-6,483

653

5,621

-369

3,631

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

49,671

Debt and Equity Securities, Realized Gain (Loss)

3,152

-7,656

2,343

1,059

-

-

-

-

-

-

-

Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

499,171

435,788

325,492

259,798

194,244

147,951

114,965

72,639

31,494

-7,195

-151,406

Adjustments to reconcile net income to cash provided by operating activities:
Provision for Loan, Lease, and Other Losses

18,500

23,000

17,250

8,000

3,200

4,726

13,220

46,844

46,188

93,211

149,099

Depreciation and amortization

18,457

14,319

13,393

12,494

8,466

6,166

6,859

6,305

10,623

14,091

15,489

Stock-based compensation

26,238

25,711

23,554

20,338

25,533

16,577

7,699

6,318

4,272

7,537

8,753

Excess tax benefit of stock-based compensation

-

-

-

-

5,874

4,194

1,552

293

0

-

-

Deferred income taxes

-5,129

-16,709

88,471

7,644

3,254

-7,182

-13,717

21,723

15,303

-7,592

-46,300

Amortization of net premiums for investment securities

-17,095

-14,247

-16,938

-13,790

-9,775

-8,035

-9,727

-10,799

-8,339

-6,309

-1,664

Amortization of tax credit investments

41,500

35,900

25,400

17,336

14,437

-

-

-

-

-

-

Operating Lease, Expense

10,458

0

0

-

-

-

-

-

-

-

-

Goodwill and intangible impairment

-

-

-

-

-

-

-

3,435

0

-

-

Accretion of fair market value adjustments on loans acquired from business combinations

12,678

18,565

28,235

29,209

17,144

17,014

10,917

1,721

0

-

-

Accretion and amortization of fair market value adjustments on other assets and liabilities acquired from business combinations

-1,857

-1,904

-2,385

-3,098

-1,279

552

-437

-3,256

-

-

-

Income from bank owned life insurance

3,901

3,946

3,861

3,762

3,899

4,508

4,809

4,439

5,372

-

-

Securities impairment

-

-

-

-

-

-

-

-

226

-1,186

43,784

(Gains) / Losses on:
Equity Securities, FV-NI, Unrealized Gain (Loss)

5,119

-3,611

-1

8

-

-

-

-

-

-

-

(Gains) / Losses on:

-

-

-

-

615

757

-1,195

3,949

4,798

19,757

16,100

Sale of loans

690

2,638

945

2,492

517

71

-

-

-

16

328

Business Combination, Bargain Purchase, Gain Recognized, Amount

-

-

-

-

-

-

10,044

17,562

0

-

-

Sale of subsidiary, net

-

-

-

-

-

-

-

-

-

-

54

Extinguishment of debt

-

-

-

-

-81

-502

-1,387

0

0

3,000

-

Derivatives

-

-

-

-

-

-

-

-

-

-269

-263

Other assets acquired through foreclosure, net

604

1,214

228

-372

2,628

2,866

5,924

727

-3,424

-

-

Valuation adjustments of other repossessed assets, net

-4,144

-1,267

-120

268

-182

-294

-3,743

-5,029

-20,598

-

-

Sale of premises, equipment, and other assets, net

-278

44

-28

-21

-376

2,778

206

95

-673

-

-

Servicing rights, net

-

-

-

-

-

-

-

-

-

35

37

Changes in other assets and liabilities, net

-111,346

-20,687

93,564

-

-

-

-

-

-

-

332

Equity Method Investment, Realized Gain (Loss) on Disposal

-

-

-

-

-

-

-

892

0

568

-

Changes in other assets and liabilities, net
Sale of repossessed assets, net

-

-

-

-

-

-

-

-

-

29,224

21,274

Sale of premises and equipment, net

-

-

-

-

-

-

-

-

-

-398

-112

Other assets

-

-

-

23,114

23,966

-9,313

-33,185

-5,135

-9,216

40,994

63,571

Other liabilities

-

-

-

-2,334

14,231

14,971

13,318

9,402

7,910

-72,411

66,555

Net cash provided by operating activities

717,772

540,972

383,811

280,645

220,415

167,401

165,049

160,554

142,475

300

74,755

Cash flows from investing activities:
Investment securities - trading
Principal pay downs and maturities

-

-

-

395

347

1,144

1,881

1,355

4,919

15,609

39,664

Proceeds from sales

0

0

994

0

0

-

-

-

2,907

29,415

22,419

Investment securities - AFS
Purchases

927,589

520,734

1,429,434

1,205,057

827,002

143,052

729,768

322,283

843,813

1,790,489

503,285

Principal pay downs and maturities

21,594

8,987

6,174

499,541

273,950

226,455

208,228

365,477

324,160

867,667

117,757

Proceeds from loan sales

-

-

-

-

-

-

-

-

-

-

13,242

Proceeds from sales

150,377

154,434

110,104

25,504

132,546

95,826

63,153

225,296

506,162

492,159

88,489

Debt Securities, Held-to-maturity [Abstract]
Purchases

131,384

56,575

169,400

92,384

0

0

-

13,584

239,627

45,000

-

Proceeds from Sale of Held-to-maturity Securities

10,000

0

0

-

-

-

-

-

-

-

-

Principal pay downs and maturities

-

-

-

94

0

6,600

5,375

5,735

640

3,686

495

Equity Securities, FV-NI, Gain (Loss) [Abstract]
Purchases

32,725

71,728

0

0

-

-

-

-

-

-

-

Reinvestments of dividend proceeds

14,598

-577

0

-

-

-

-

-

-

-

-

Reinvestments of dividend proceeds

-

-

-

0

-

-

-

-

-

-

-

Proceeds from sales

0

48,639

0

0

-

-

-

-

-

-

-

Purchase of investment tax credits

141,668

109,598

38,098

28,847

29,437

32,484

40,355

24,297

0

-

-

Purchase of SBIC investments

8,688

4,129

5,819

0

0

-

-

-

-

-

-

(Purchase) sale of money market investments, net

7

-7

0

121

330

2,181

-1,968

6,679

30,390

16,296

-54,029

Proceeds from bank owned life insurance

0

1,655

607

1,710

797

1,046

2,582

0

0

-

-

Loan originations and principal collections, net

-

-

-

-

-

-

-

-

-

-

112,143

(Purchase) liquidation of restricted stock, net

377

347

535

7,139

25,821

4,911

750

2,584

3,357

4,501

-1,174

Loan fundings and principal collections, net

3,429,014

2,586,703

1,873,387

810,543

1,269,351

1,560,633

728,793

-915,689

-644,092

-339,331

-

Purchase of premises, equipment, and other assets, net

35,148

11,313

8,862

10,574

10,856

13,925

18,873

8,554

-1,089

-1,422

-4,951

Proceeds from sale of other real estate owned and repossessed assets, net

1,325

9,412

21,195

9,133

45,627

25,918

43,242

40,964

41,480

33,777

15,418

Cash and cash equivalents (used) acquired in acquisitions, net

-

-

-

-1,272,187

342,427

0

21,204

51,209

0

-

-

Other, net

-

-

-

-

-

-

-

-

-

-

46

Net cash used in investing activities

-3,723,033

-2,713,433

-2,955,527

-2,890,233

-1,366,443

-1,386,013

-1,173,342

-585,108

-812,428

-710,288

-368,242

Net cash used in investing activities
Net increase (decrease) in deposits

3,619,046

2,204,915

2,422,669

2,519,239

1,357,855

1,093,353

1,045,173

679,474

320,071

616,339

938,116

Proceeds from issuance of subordinated debt

-

-

-

169,256

148,211

0

0

-

-

-

-

Repurchase of warrant

-

-

-

-

-

-

-

-

415

-

-

Proceeds from issuance of preferred stock

-

-

-

-

-

-

-

-

141,000

-

-

Deposits purchased from the FDIC

-

-

-

-

-

-

-

-

-

-

131,720

Excess tax benefit of stock-based compensation

-

-

-

-

5,874

4,194

1,552

293

0

-

-

Net increase (decrease) in borrowings

-496,736

97,394

294,289

-66,428

-257,038

40,407

70,159

-204,592

294,217

-127,368

-703,986

Proceeds from exercise of common stock options

-

-

-

-

-

6,501

10,887

0

-

-

-

Repayments on other borrowings

-

-

-

-

-

-

-

-

0

-

-

Proceeds from exercise of common stock options

80

554

846

1,070

1,935

8,294

4,595

2,802

362

359

78

Payment, Tax Withholding, Share-based Payment Arrangement

9,645

12,910

13,811

-

-

-

-

-

-

-

-

Cash paid for tax withholding on vested restricted stock

-

-

-

9,483

7,603

4,112

-

-

-

-

-

Common stock repurchases

120,131

35,688

0

0

70,500

70,500

0

0

140,000

-

-

Proceeds from issuance of common stock

-

-

-

55,785

28,288

13,746

0

0

-

47,574

191,268

Net cash provided by financing activities

2,941,285

2,254,265

2,703,993

2,669,439

1,206,272

1,077,494

1,109,182

474,184

608,202

529,904

550,363

Net (decrease) increase in cash, cash equivalents, and restricted cash

-63,976

81,804

132,277

59,851

60,244

-141,118

100,889

49,630

-61,751

-180,084

256,876

Cash paid (received) during the period for:
Interest

180,436

113,507

59,838

41,565

28,831

26,516

28,613

28,953

40,301

47,354

73,851

Income taxes

-23,403

18,760

99,430

61,281

54,590

35,556

19,105

1,740

0

-

-47,249

Non-cash operating, investing, and financing activity:
Transfers to other assets acquired through foreclosure, net

898

5,744

1,812

13,110

28,566

13,777

24,911

28,315

46,951

87,310

68,802

Unfunded commitments originated

-

-

-

56,479

39,617

9,798

50,000

53,203

0

-

-

Noncash or Part Noncash Acquisition, Value of Assets Acquired

-

-

-

1,284,557

1,587,186

0

410,827

116,772

0

-

-

Non-cash liabilities acquired in acquisition

-

-

-

12,559

1,764,996

0

-

-

-

-

-

Change in unrealized gain (loss) on AFS securities, net of tax

-

-

-

-24,254

-6,117

29,683

0

13,321

4,310

-15,489

34,558

Unrealized gain (loss) on junior subordinated debt, net of tax effect of $(2,138) and $1,934, respectively

-9,800

5,700

-3,600

-2,077

-4,276

0

-

-

-

-

-

Net (decrease) increase in unfunded obligations

-

-

-

-21,225

-

-28,522

-29,755

0

-

-

-

Noncash Contribution Expense

-

-

-

0

-

-

-

-

-

-

-

Unrealized gain on transfer of HTM securities to AFS, net of tax

-

-

-

-

-

8,976

0

0

-

-

-

Change in unrealized (loss) gain on cash flow hedge, net of tax

-

-

-

-

-

-

-

-

519

-

-

Change in OTTI on HTM securities, net of tax

-

-

-

-

-

-

-

-

-

662

-662