WINTRUST FINANCIAL CORP WTFC Balance Sheet

Wintrust financial corp (WTFC)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09
Assets
Cash and due from banks
349	286	448	300	270	392	279	304	231	277	251	296	214	267	242	267	208	271	247	248	286	225	260	349	330	253	322	224	199	284	186	176	146	148	147	140	140	153	155	123	106	135	128	122
Federal funds sold and securities purchased under resale agreements
0	0	0	0	0	0	0	0	0	0	0	0	3	2	4	4	3	4	3	4	4	5	26	7	12	10	7	9	13	30	26	15	14	21	13	43	33	18	88	28	15	23	22	41
Interest bearing deposits with banks
1,943	2,164	2,260	1,437	1,609	1,099	1,137	1,221	980	1,063	1,218	1,011	1,007	980	816	693	817	607	701	591	697	998	620	506	540	495	681	440	685	1,035	934	1,117	900	749	1,101	990	946	865	1,224	1,110	1,222	1,025	1,168	655
Available-for-sale securities, at fair value
3,570	3,106	2,270	2,186	2,185	2,126	2,164	1,940	1,895	1,803	1,665	1,649	1,803	1,724	1,650	637	770	1,716	2,214	2,162	1,721	1,792	1,782	1,824	1,949	2,176	1,781	1,843	1,870	1,796	1,256	1,196	1,869	1,291	1,267	1,456	1,710	1,496	1,324	1,418	1,205	1,255	1,362	1,195
Held-to-maturity securities, at amortized cost, net of allowance for credit losses of $70 at March 31, 2020 ($879.2 million, $1.1 billion and $1.0 billion fair value at March 31, 2020, December 31, 2019 and March 31, 2019 respectively)
865	1,134	-	-	1,051	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt Securities, Held-to-maturity
-	-	1,095	1,191	-	1,067	966	890	892	826	819	793	667	635	932	992	911	884	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trading account securities
2	1	3	2	0	1	0	0	1	0	0	1	0	1	1	3	2	0	3	1	7	1	6	2	1	0	0	0	1	0	0	0	1	2	0	0	2	4	4	38	39	33	29	22
Equity securities with readily determinable fair value
47	50	46	44	47	34	36	37	37	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal Home Loan Bank and Federal Reserve Bank stock
134	100	92	92	89	91	99	96	104	89	87	80	78	133	129	121	113	101	90	89	92	91	80	84	78	79	76	79	76	79	80	92	88	100	99	86	85	82	80	79	74	73	71	71
Brokerage customer receivables
16	16	14	13	14	12	15	16	24	26	23	23	23	25	25	26	28	27	28	29	25	24	26	28	26	30	29	26	25	24	30	31	31	27	27	29	25	24	25	24	20	20	19	17
Mortgage loans held-for-sale, at fair value
656	377	464	394	248	264	338	455	411	313	370	382	288	418	559	554	314	388	347	497	446	351	363	363	215	334	334	537	380	385	548	511	339	306	204	133	92	356	307	222	149	265	187	291
Mortgage loans held-for-sale, at lower of cost or market
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	21	14	10	13	8	5	2	14	13	15	6	9	5	529
Loans and Leases Receivable, Net of Deferred Income
27,807	26,800	25,710	25,304	24,214	23,820	23,123	22,610	22,062	21,640	20,912	20,743	19,931	19,703	19,101	18,174	17,446	17,118	16,316	15,513	14,953	14,409	14,052	13,749	13,133	12,896	12,581	12,516	11,900	11,828	11,489	11,202	10,717	10,521	10,272	9,925	9,561	9,599	9,461	9,324	9,070	8,411	8,275	7,595
Covered loans
-	-	-	-	-	-	-	-	-	-	46	50	52	58	95	105	138	148	168	193	209	226	254	275	312	346	415	454	518	560	657	614	691	651	680	408	431	334	353	275	0	0	0	0
Total loans
-	-	-	-	-	-	-	-	-	-	20,959	20,793	19,983	19,761	19,197	18,279	17,585	17,266	16,484	15,707	15,162	14,636	14,306	14,025	13,445	13,243	12,997	12,971	12,418	12,389	12,147	11,816	11,408	11,172	10,952	10,333	9,993	9,934	9,814	9,599	9,070	8,411	8,275	7,595
Allowance for loan losses
216	156	161	160	158	152	149	143	139	137	133	129	125	122	117	114	110	105	102	100	94	91	91	92	92	96	107	106	110	107	112	111	111	110	118	117	115	113	110	106	102	98	95	85
Allowance for covered loan losses
-	-	-	-	-	-	-	-	-	-	0	1	1	1	1	2	2	3	2	2	1	2	2	1	3	10	12	14	12	13	21	20	17	12	12	7	4	-	-	-	0	-	-	-
Net loans
27,591	26,643	25,548	25,144	24,056	23,667	22,974	22,467	21,922	21,502	20,825	20,662	19,856	19,637	19,078	18,163	17,472	17,158	16,378	15,604	15,066	14,542	14,212	13,931	13,349	13,136	12,876	12,850	12,296	12,268	12,013	11,684	11,279	11,049	10,821	10,208	9,873	9,820	9,704	9,493	8,968	8,313	8,180	7,510
Premises and equipment, net
764	754	721	711	676	671	664	639	626	621	609	605	598	597	597	595	591	592	587	571	559	555	555	535	531	531	517	512	504	501	461	449	434	431	412	403	369	363	353	346	348	350	352	350
Lease investments, net
207	231	228	230	224	233	199	194	190	212	193	191	155	129	116	103	89	63	29	13	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC indemnification asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	10	11	27	46	60	85	100	137	170	208	238	222	263	344	379	110	124	118	161	114	0	0	0	0
Accrued interest receivable and other assets
1,460	1,061	1,087	1,023	888	696	700	666	601	567	580	577	560	593	660	670	647	597	629	533	526	501	494	525	549	569	576	573	485	511	557	710	463	444	468	389	394	366	365	374	363	416	315	260
Trade date securities receivable
502	0	0	237	375	263	0	0	0	90	189	133	0	0	0	1,079	1,008	-	277	0	488	485	285	292	182	0	0	0	0	-	307	-	-	634	637	322	-	-	-	28	27	-	-	0
Goodwill
643	645	584	584	573	573	537	509	511	501	502	500	499	498	485	486	484	471	472	421	420	405	406	381	373	374	357	356	343	345	331	330	307	305	302	283	281	281	278	278	278	278	276	276
Other Intangible Assets, Net
44	47	43	46	46	49	27	21	22	17	18	19	20	21	20	21	23	24	25	17	18	18	19	16	18	19	18	20	19	20	22	21	22	22	22	11	12	12	13	13	12	13	14	13
Total assets
38,799	36,620	34,911	33,641	32,358	31,244	30,142	29,464	28,456	27,915	27,358	26,929	25,778	25,668	25,321	24,420	23,488	22,909	22,035	20,790	20,371	20,010	19,169	18,895	18,221	18,097	17,682	17,613	17,074	17,519	17,018	16,576	16,172	15,893	15,914	14,615	14,094	13,980	14,100	13,708	12,839	12,215	12,136	11,359
Liabilities and Shareholders’ Equity
Deposits [Abstract]
Non-interest bearing
7,556	7,216	7,067	6,719	6,353	6,569	6,399	6,520	6,612	6,792	6,502	6,294	5,790	5,927	5,711	5,367	5,205	4,836	4,705	3,910	3,779	3,518	3,253	3,072	2,773	2,721	2,622	2,450	2,243	2,396	2,162	2,047	1,901	1,785	1,631	1,397	1,279	1,201	1,042	953	871	864	841	793
Interest bearing
23,904	22,890	21,642	20,798	20,451	19,524	18,517	17,844	16,667	16,390	16,392	16,311	15,939	15,731	15,436	14,674	14,011	13,803	13,522	13,172	13,159	12,763	12,811	12,483	12,355	11,947	12,024	11,915	11,719	12,032	11,685	11,009	10,764	10,521	10,674	9,861	9,635	9,602	9,919	9,670	8,853	9,052	9,005	8,398
Total deposits
31,461	30,107	28,710	27,518	26,804	26,094	24,916	24,365	23,279	23,183	22,895	22,605	21,730	21,658	21,147	20,041	19,217	18,639	18,228	17,082	16,938	16,281	16,065	15,556	15,129	14,668	14,647	14,365	13,962	14,428	13,847	13,057	12,665	12,307	12,306	11,259	10,915	10,803	10,962	10,624	9,724	9,917	9,847	9,191
Notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	31	2	2	2	52	52	3	1	1	1	1	1	1	1	1	1
Federal Home Loan Bank advances
1,174	674	574	574	576	426	615	667	915	559	468	318	227	153	419	588	799	853	443	435	406	733	347	580	387	417	387	585	414	414	414	564	466	474	-474	423	-423	-423	-414	415	421	430	433	435
Other borrowings
487	418	410	418	372	393	373	255	247	266	251	277	238	262	241	252	253	265	259	261	186	196	51	43	231	255	248	252	256	274	377	375	411	443	448	432	250	260	241	218	218	247	252	244
Secured borrowings - owed to securitization investors
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	360	428	600	600	600	600	600	600	600	600	0	0	0
Subordinated notes
436	436	436	436	139	139	139	139	139	139	139	139	138	138	138	138	138	138	138	138	138	140	140	140	0	0	10	10	15	15	15	15	35	35	40	40	50	50	55	55	60	60	65	65
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust
253	253	253	253	253	253	253	253	253	253	253	253	253	253	253	253	253	268	268	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249	249
Trade date securities payable
-	-	0	-	-	-	0	-	-	-	0	5	-	-	0	40	-	0	0	0	2	3	0	0	0	303	0	0	1	0	0	19	0	-	73	2	10	-	2	0	62	-	0	0
Accrued interest payable and other liabilities
1,285	1,039	986	993	840	669	664	676	591	537	440	490	424	505	446	482	407	390	359	357	316	336	287	327	283	302	265	310	317	331	350	210	175	187	191	134	141	155	175	159	137	170	181	107
Total liabilities
35,099	32,929	31,371	30,194	28,986	27,977	26,962	26,357	25,425	24,939	24,449	24,089	23,013	22,972	22,647	21,797	21,069	20,557	19,699	18,525	18,240	17,940	17,140	16,897	16,281	16,197	15,808	15,776	15,248	15,714	15,257	14,854	14,484	14,350	14,386	13,142	12,641	12,543	12,701	12,323	11,475	11,076	11,029	10,294
Shareholders’ Equity:
Preferred stock, no par value; 20,000,000 shares authorized:
Common stock, no par value; $1.00 stated value; 100,000,000 shares authorized at March 31, 2020, December 31, 2019 and March 31, 2019; 58,266,136 shares issued at March 31, 2020, 57,950,803 shares issued at December 31, 2019 and 56,765,450 shares issued at March 31, 2019
58	57	56	56	56	56	56	56	56	56	55	55	52	51	51	51	48	48	48	47	47	46	46	46	46	46	39	37	37	37	36	36	36	35	35	34	34	34	31	31	31	27	26	26
Surplus
1,652	1,650	1,574	1,569	1,565	1,557	1,553	1,547	1,540	1,529	1,519	1,511	1,381	1,365	1,356	1,350	1,194	1,190	1,187	1,159	1,156	1,133	1,129	1,125	1,122	1,117	1,118	1,066	1,040	1,036	1,018	1,013	1,008	1,001	997	969	967	965	682	680	677	589	580	577
Treasury stock, at cost, 720,784 shares at March 31, 2020, 128,912 shares at December 31, 2019, and 126,482 shares at March 31, 2019
44	6	6	6	6	5	5	5	5	4	4	4	4	4	4	4	4	3	3	3	3	3	3	3	3	3	8	8	8	7	7	7	6	0	0	0	0	-	0	0	0	122	122	122
Retained earnings
1,917	1,899	1,830	1,747	1,682	1,610	1,543	1,464	1,387	1,313	1,254	1,198	1,143	1,096	1,051	1,008	967	928	901	872	835	803	771	737	705	676	643	612	581	555	527	501	478	459	441	415	404	392	394	381	373	366	342	317
Accumulated other comprehensive loss
-7	-34	-38	-45	-50	-76	-93	-81	-73	-41	-41	-46	-59	-65	-32	-34	-39	-62	-49	-61	-31	-37	-42	-34	-56	-63	-46	-49	-1	7	9	1	-4	-2	3	4	-3	-5	3	4	-2	-6	-6	-18
Stockholders' Equity Attributable to Parent
3,700	3,691	3,540	3,446	3,371	3,267	3,179	3,106	3,031	2,976	2,908	2,839	2,764	2,695	2,674	2,623	2,418	2,352	2,335	2,264	2,131	2,069	2,028	1,998	1,940	1,900	1,873	1,836	1,825	1,804	1,761	1,722	1,687	1,543	1,528	1,473	1,453	1,436	1,398	1,384	1,364	1,138	1,106	1,065
Total liabilities and shareholders’ equity
38,799	36,620	34,911	33,641	32,358	31,244	30,142	29,464	28,456	27,915	27,358	26,929	25,778	25,668	25,321	24,420	23,488	22,909	22,035	20,790	20,371	20,010	19,169	18,895	18,221	18,097	17,682	17,613	17,074	17,519	17,018	16,576	16,172	15,893	15,914	14,615	14,094	13,980	14,100	13,708	12,839	12,215	12,136	11,359
Preferred stock, no par value; 20,000,000 shares authorized at March 31, 2020, December 31, 2019 and March 31, 2019; Series D - $25 liquidation value; 5,000,000 shares issued and outstanding at March 31, 2020, December 31, 2019 and March 31, 2019
Preferred stock, no par value; 20,000,000 shares authorized at March 31, 2020, December 31, 2019 and March 31, 2019; Series D - $25 liquidation value; 5,000,000 shares issued and outstanding at March 31, 2020, December 31, 2019 and March 31, 2019
125	125	125	125	125	125	125	125	125	125	-	-	-	-	-	-	-	-	-	-	-	-	-	-	126	126	126	-	-	-	-	-	-	-	-	-	-	49	-	-	-	-	-	-
Series A Preferred Stock [Member]
Preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	-	-	-	-	-	-	-	-	-