Western Alliance Bank

1 E Washington St
Phoenix, AZ 85004

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57512
Date Established 2003
Assets $21.41 billion
Loans $15.99 billion
Deposits $18.33 billion
Capital $2.44 billion

Western Alliance Bank is an FDIC insured institution located in Phoenix, AZ. It was founded in 2003 and has approximately $21.41 billion in assets. Customers can open an account at one of its 43 branches.

For a more detailed analysis of Western Alliance Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Western Alliance Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Construction and Development Loans.

Compared to other banks in Arizona, Western Alliance Bank has a significantly higher percent of Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 3.41
Multifamily
Mortgages
0.87
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 3.33
Construction and Development Loans 12.25
Commercial Real Estate 36.54
Commercial and Industrial Loans 26.73
Farm Loans 0.00

Deposit Rates - November 21, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.35% $1 $9,999 Learn MoreShow Less
Money Market
0.40% $10,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.55% $1 $99,999 Learn MoreShow Less
3 Mo CD
0.60% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.95% $1 $99,999 Learn MoreShow Less
Special: 7 Mo FIRA
1.61% $10,000 - Learn MoreShow Less
Special: 11 Mo FIRA
2.07% $10,000 - Learn MoreShow Less
Special: 13 Mo FIRA
2.32% $10,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $50 $1,500 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.08% $1 $9,999 Learn MoreShow Less

Loan Rates - November 21, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Western Alliance Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.663% 4.625% 0.00 $1,214 $1,286 Learn More
Ally Bank
NMLS ID: 181005
4.931% 4.875% 0.25 $1,686 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.49% $284 Learn More
Third Federal Savings and Loans 4.24% $246 Learn More

Note to Western Alliance Bank
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Branches

Western Alliance Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Western Alliance Bank Locations

Financial Details

Western Alliance Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Western Alliance Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Western Alliance Bank U.S. Bank Average
1.95% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, Western Alliance Bank had $33,897,000 in non-current loans and $16,434,000 in owned real estate. To cover these potential losses it had $2,439,147,000 in equity and $147,033,000 in loans loss reserves. That gives it a Texas Ratio of 1.95%.

Return on Equity
Western Alliance Bank U.S. Bank Average
18.29% 9.77%

Western Alliance Bank has a Return on Equity of 18.29% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Western Alliance Bank U.S. Bank Average
11.39% 12.31%

Western Alliance Bank has a Capitalization of 11.39% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Western Alliance Bank Balance Sheet Analysis

As of June 30, 2018, Western Alliance Bank had assets of $21,411,866,000, loans of $15,990,212,000, and deposits of $18,326,635,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.51 billion
Interest-bearing balances $0.34 billion
Total securities $3.58 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $15.99 billion
Loan loss allowance $0.15 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.02 billion
Goodwill and other intangibles $0.30 billion
All other assets $0.91 billion
     Total Assets $18.97 billion
LIABILITIES
Total deposits $18.33 billion
      Interest-bearing deposits $10.14 billion
      Deposits held in domestic offices $18.33 billion
      % insured (estimated) 44.32%
Federal funds purchased and repurchase agreements $0.02 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.08 billion
Subordinated debt $0.15 billion
All other liabilities $0.41 billion
      Total Liabilities $18.97 billion
      Shareholders’ Equity $2.44 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.49 billion
Total Interest Expense $0.04 billion
Net interest income $0.44 billion
Provision for loan and lease losses $0.01 billion
Total non interest income $0.03 billion
Total non interest expense $0.19 billion
Pre-tax Net Operating Income $0.27 billion

Frequently Asked Questions About Western Alliance Bank

Branches and Savings

Is Western Alliance Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57512.

Why does Western Alliance Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Western Alliance Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Western Alliance Bank a commercial bank?

Yes

Where are Western Alliance Bank locations?

See branch locations nearby.

Is Western Alliance Bank open on Saturdays?

Is Western Alliance Bank open on Sundays?

What time does Western Alliance Bank open?

What time does Western Alliance Bank close?

Are Western Alliance Bank ATMs Open 24/7?

Do Western Alliance Bank ATMs accept cash deposits?

Can Western Alliance Bank customers use other ATMs?

Do Western Alliance Bank branches have notaries?

Will Western Alliance Bank notarize my document?

What address for Western Alliance Bank should I put for incoming ACH transfers?

Will the Western Alliance Bank branch print checks?

Do Western Alliance Bank checks expire?

Does Western Alliance Bank require US citizenship to open account?

Can Western Alliance Bank close my account?

Does Western Alliance Bank Report to credit bureaus?

Does Western Alliance Bank Use Equifax?

What is Western Alliance Bank's ACH Routing Number?

What is Western Alliance Bank's SWIFT code?

Products

Does Western Alliance Bank offer mortgages?

Compare mortgage rates here.

Does Western Alliance Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Western Alliance Bank offer personal loans?

Compare personal loan rates here.

Does Western Alliance Bank offer student loans?

Will Western Alliance Bank cash a check?

Will Western Alliance Bank redeem a savings bond?

Does Western Alliance Bank cash savings bonds?

Will Western Alliance Bank cash money orders?

Can Western Alliance Bank issue a money order?

Does Western Alliance Bank do currency exchange?

Background on The Bank

Who owns Western Alliance Bank?

How long has Western Alliance Bank been around?

Can Western Alliance Bank transfer to other banks?

Does Western Alliance Bank have quick pay?

Does Western Alliance Bank accept rolled coins?

Will Western Alliance Bank accept loose change?

Where is Western Alliance Bank headquarters?

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