Western alliance bancorporation (WALA)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Gain (loss) on sales of investment securities, net

-

-

-

-

615

757

-1,195

3,949

4,798

19,757

16,100

Interest income:
Loans, including fees

1,093,070

910,577

747,510

636,596

476,417

370,922

326,714

280,985

261,443

255,626

248,098

Investment securities

111,939

106,752

83,354

52,570

37,888

38,603

30,382

32,780

28,712

22,818

24,318

Investment securitiestax-exempt

-

-

-

-

-

-

-

-

2,013

122

404

Dividends

6,133

7,915

7,740

9,002

10,317

6,562

4,454

4,022

1,124

617

680

Dividendstax-exempt

-

-

-

-

-

-

-

-

2,570

1,359

1,287

Other

13,903

8,239

6,909

2,338

522

292

1,105

508

729

1,271

1,236

Total interest income

1,225,045

1,033,483

845,513

700,506

525,144

416,379

362,655

318,295

296,591

281,813

276,023

Interest expense:
Deposits

158,405

90,464

41,965

29,722

21,795

20,012

16,335

16,794

27,977

41,329

61,905

Other borrowings

1,372

4,329

561

508

5,678

9,639

11,506

9,116

8,282

3,745

3,234

Qualifying debt

23,390

22,287

18,273

12,998

5,007

1,754

1,823

1,928

2,328

-

-

Junior subordinated debt

-

-

-

-

-

-

-

-

-

3,648

4,966

Other

1,466

524

50

65

88

81

96

194

336

538

3,629

Total interest expense

184,633

117,604

60,849

43,293

32,568

31,486

29,760

28,032

38,923

49,260

73,734

Interest Income (Expense), Net

1,040,412

915,879

784,664

657,213

492,576

384,893

332,895

290,263

257,668

232,553

202,289

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

Interest Income (Expense), after Provision for Loan Loss

1,021,912

892,879

767,414

649,213

489,376

380,167

319,675

243,419

211,480

139,342

53,190

Non-interest income:
Service charges and fees

23,353

22,295

20,346

18,824

14,782

10,567

10,123

9,452

9,102

8,969

8,172

Securities impairment charges recognized in earnings

-

-

-

-

-

-

-

-

-

1,186

45,831

Income from equity instruments

8,290

8,595

4,496

2,664

564

-

-

-

-

-

-

Amortization of affordable housing investments

-

-

-

-

-

-

-

-

0

-

-

Card Income

6,979

8,009

6,313

5,226

4,718

3,310

2,626

-

-

-

-

Foreign currency income

4,987

4,760

3,536

-

-

-

-

-

-

-

-

Bank Owned Life Insurance Income

3,901

3,946

3,861

3,762

3,899

4,508

4,809

4,439

5,372

3,299

2,193

Debt and Equity Securities, Realized Gain (Loss)

-

-

-

1,059

-

-

-

-

-

-

-

Income from bank owned life insurance

-

-

-

3,419

1,535

-

-

-

-

-

-

Small Business Administration and Warrant Income

-

-

-

-

-

0

-

-

-

-

-

Lending related income and gains (losses) on sale of loans, net

3,158

4,340

2,212

5,295

1,390

71

0

-

-

-

-

Realized Gain (Loss) on Marketable Securities, Cost Method Investments, and Other Investments

3,152

-7,656

2,343

-

-

1,212

-6,483

653

5,621

-369

3,631

Unrealized gains (losses) on assets measured at fair value, net

5,119

-3,611

-1

8

-

-

-

-

-

-

-

(Loss) on extinguishment of debt

-

-

-

-

-81

-502

-1,387

0

0

3,000

-

Portion of impairment charges recognized in other comprehensive loss (before taxes)

-

-

-

-

-

-

-

-

-

-

2,047

Business Combination, Bargain Purchase, Gain Recognized, Amount

-

-

-

-

-

-

10,044

17,562

0

-

-

Investment advisory fees

-

-

-

-

-

-

-

-

-

-

9,287

Other fee revenue

-

-

-

-

-

-

-

3,564

3,453

3,324

2,754

Operating lease income

-

-

-

-

-

-

-

-

-

-

4,066

Other income

6,156

2,438

2,238

2,658

2,346

4,728

3,660

6,886

6,337

10,042

2,016

Noninterest Income

65,095

43,116

45,344

42,915

29,768

24,651

22,197

46,505

34,457

46,836

4,435

Non-interest expense:
Salaries and employee benefits

279,274

253,238

214,344

188,810

149,828

126,630

113,434

105,044

93,140

86,586

91,504

Legal, professional, and directors' fees

31,719

18,900

9,731

4,983

907

-

-

-

-

-

-

Data processing

32,507

29,404

27,860

27,303

22,180

18,155

19,378

18,815

19,972

19,580

20,802

Occupancy

37,009

28,722

29,814

24,610

18,548

14,278

13,633

10,237

9,751

7,591

8,973

Deposit costs

30,577

22,716

19,225

19,657

15,830

10,057

8,589

6,134

3,566

3,374

4,274

Insurance

11,924

14,005

14,042

12,898

11,003

8,862

8,094

8,511

11,045

15,475

12,525

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

49,671

Business development

7,571

4,578

4,617

2,999

4,377

4,423

4,198

6,675

8,126

8,076

6,363

Loan and repossessed asset expenses

7,043

5,960

6,128

5,902

-

-

-

-

-

-

-

Marketing

4,199

3,770

3,804

3,596

2,885

2,300

2,581

2,306

2,147

4,061

4,915

Card expense

2,346

4,301

3,413

1,939

1,710

2,417

1,805

-

-

-

-

Intangible amortization

1,500

1,600

2,100

2,788

1,970

1,461

2,400

3,256

3,559

3,604

3,781

Customer Service

-

-

-

-

-

-

-

2,219

3,336

4,256

4,290

Net (gain) loss on sales / valuations of repossessed and other assets

3,818

9

-80

-125

-2,070

-5,350

-2,387

4,207

24,592

28,826

21,274

Goodwill and intangible impairment

-

-

-

-

-

-

-

3,435

0

-

-

Acquisition / restructure expense

-

-

-

12,412

8,836

198

5,752

2,819

1,564

1,651

-

Operating lease depreciation

-

-

-

-

-

-

-

-

-

-

3,229

Other expense

33,247

38,470

25,969

23,177

24,602

23,888

18,751

15,202

14,800

13,678

11,376

Noninterest Expense

482,781

425,667

360,941

330,949

260,606

207,319

196,216

188,860

195,598

196,758

242,977

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

604,226

510,328

451,817

361,179

258,538

197,499

145,656

101,064

50,339

-10,580

-185,352

Income Tax Expense (Benefit)

105,055

74,540

126,325

101,381

64,294

48,390

29,830

25,935

16,849

-6,410

-38,453

Income from continuing operations

-

-

-

-

-

149,109

115,826

75,129

33,490

-4,170

-146,899

(Loss) from discontinued operations, net of tax

-

-

-

-

-

-1,158

-861

-2,490

-1,996

-3,025

-4,507

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

Dividends on preferred stock

-

-

-

-

750

1,387

1,410

3,793

16,206

9,882

9,742

Net Income (Loss) Available to Common Stockholders, Basic

-

-

-

259,798

193,494

146,564

113,555

68,846

15,288

-17,077

-161,148

Earnings per share from continuing operations:
Basic

-

-

-

-

-

1.70

1.34

0.87

0.21

-0.19

-

Diluted

-

-

-

-

-

1.69

1.32

0.86

0.21

-0.19

-

Loss per share from discontinued operations:
Basic

-

-

-

-

-

-0.01

-0.01

-0.03

-0.02

-0.04

-

Diluted

-

-

-

-

-

-0.02

-0.01

-0.03

-0.02

-0.04

-

Earnings Per Share [Abstract]
Earnings Per Share, Basic

4.86

4.16

3.12

2.52

2.05

1.69

1.33

0.84

0.19

-0.23

-

Earnings Per Share, Diluted

4.84

4.14

3.10

2.50

2.03

1.67

1.31

0.83

0.19

-0.23

-

Weighted average number of common shares outstanding:
Continuing operations

-

-

-

-

-

-

-

-

-

-

-2.66

Discontinued

-

-

-

-

-

-

-

-

-

-

-0.08

Total income (loss) per share - basic and diluted

-

-

-

-

-

-

-

-

-

-

-2.74

Basic

102,667

104,669

104,179

103,042

94,570

86,693

85,682

82,285

80,909

75,083

58,836

Diluted

103,133

105,370

104,997

103,843

95,219

87,506

86,541

82,912

81,183

75,083

58,836

Dividends declared per common share

-

-

-

-

-

0.00

0.00

0.00

0.00

0.00

-