WESTERN ALLIANCE BANCORPORATION
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
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Glossary of Entities and Terms
The acronyms and abbreviations identified below are used in various sections of this Form 10-Q, including "Management's Discussion and Analysis of Financial Condition and Results of Operations," in Item 2 and the Consolidated Financial Statements and the Notes to Unaudited Consolidated Financial Statements in Item 1 of this Form 10-Q.
| ENTITIES / DIVISIONS: | |||
|---|---|---|---|
| ABA | Alliance Bank of Arizona | FIB | First Independent Bank |
| AmeriHome | AmeriHome Mortgage Company, LLC | TPB | Torrey Pines Bank |
| BON | Bank of Nevada | WA PWI | Western Alliance Public Welfare Investments, LLC |
| Bridge | Bridge Bank | WAB or Bank | Western Alliance Bank |
| Company | Western Alliance Bancorporation and subsidiaries | WABT | Western Alliance Business Trust |
| CSI | CS Insurance Company | WAL or Parent | Western Alliance Bancorporation |
| DST | Digital Settlement Technologies LLC | WATC | Western Alliance Trust Company, N.A. |
| TERMS: | |||
| ACL | Allowance for Credit Losses | FOMC | Federal Open Market Committee |
| AFS | Available-for-Sale | FRB | Federal Reserve Bank |
| ALCO | Asset and Liability Management Committee | FVO | Fair Value Option |
| AOCI | Accumulated Other Comprehensive Income | GAAP | U.S. Generally Accepted Accounting Principles |
| ASC | Accounting Standards Codification | GNMA | Government National Mortgage Association |
| ASU | Accounting Standards Update | GSE | Government-Sponsored Enterprise |
| Basel III | Banking Supervision's December 2010 final capital framework | HFI | Held for Investment |
| BOD | Board of Directors | HFS | Held for Sale |
| Capital Rules | The FRB, the OCC, and the FDIC 2013 Approved Final Rules | HTM | Held-to-Maturity |
| CDARS | Certificate Deposit Account Registry Service | HUD | U.S. Department of Housing and Urban Development |
| CECL | Current Expected Credit Losses | ICS | Insured Cash Sweep Service |
| CEO | Chief Executive Officer | IRLC | Interest Rate Lock Commitment |
| CET1 | Common Equity Tier 1 | ISDA | International Swaps and Derivatives Association |
| CFO | Chief Financial Officer | LIBOR | London Interbank Offered Rate |
| CLO | Collateralized Loan Obligation | LIHTC | Low-Income Housing Tax Credit |
| COVID-19 | Coronavirus Disease 2019 | MBS | Mortgage-Backed Securities |
| CRA | Community Reinvestment Act | MSR | Mortgage Servicing Right |
| CRE | Commercial Real Estate | NPV | Net Present Value |
| DTA | Deferred Tax Asset | OCI | Other Comprehensive Income |
| EBO | Early buyout | PPNR | Pre-Provision Net Revenue |
| ECR | Earnings credit rates | SEC | Securities and Exchange Commission |
| EPS | Earnings per share | SERP | Supplemental Executive Retirement Plan |
| ESG | Environmental, Social, and Governance | SOFR | Secured Overnight Financing Rate |
| EVE | Economic Value of Equity | TDR | Troubled Debt Restructuring |
| Exchange Act | Securities Exchange Act of 1934, as amended | TEB | Tax Equivalent Basis |
| FASB | Financial Accounting Standards Board | TSR | Total Shareholder Return |
| FDIC | Federal Deposit Insurance Corporation | UPB | Unpaid Principal Balance |
| FHA | Federal Housing Administration | USDA | United States Department of Agriculture |
| FHLB | Federal Home Loan Bank | VA | Veterans Affairs |
| FHLMC | Federal Home Loan Mortgage Corporation | VIE | Variable Interest Entity |
| FNMA | Federal National Mortgage Association | XBRL | eXtensible Business Reporting Language |
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