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Article: Western Alliance Reports Results for the Third Quarter 2009.(Financial report)

Article from:
Investment Business Weekly
Article date:
November 15, 2009
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Western Alliance Bancorporation (NYSE:WAL) announced its financial results for the third quarter 2009. Third Quarter 2009 Highlights: Record organic growth in customer deposits of $388 million during the quarter to $4.73 billion

Record customer funds (sum of deposits and customer repurchase agreements) of $5.00 billion, including organic growth of $352 million during the quarter

Regulatory capital of $669 million and a Total Risk-Based Capital ratio of 14.7 percent, well above the percentage considered "well capitalized" by federal banking standards

Record liquidity of $795 million held in cash and due from banks

Net revenue (sum of ...

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