UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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Western Alliance Bancorporation
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Overview 2014
Western Alliance Bancorporation Condensed Consolidated Statement of Income (Unaudited) ($ in thousands, except per share amounts) 2013 2012 2011 Interest Income $ 362,655 $ 318,295 $ 296,591 Interest Expense (29,760) (28,032) (38,923) Net Interest Income 332,895 290,263 257,668 Loan Loss Provision (13,220) (46,844) (46,188) Net Interest Income After Provision 319,675 243,419 211,480 Non Interest Income 17,229 44,726 34,457 Non Interest Expense (196,266) (188,860) (195,598) Income Before Income Tax 140,638 99,285 50,339 Income Tax (25,254) (23,961) (16,849) Net Income From Continuing Operations 115,384 75,324 33,490 Discontinued operations (861) (2,490) (1,996) Net Income $ 114,523 $ 72,834 $ 31,494 Less Dividends And Accretion On Preferred Stock (1,410) (3,793) (16,206) Net Income Available To Common Shareholders $ 113,113 $ 69,041 $ 15,288 Weighted Average Common Shares Outstanding (diluted) 86,541 82,912 81,183 Earnings Per Share Applicable to Common Shareholders $ 1.31 $ 0.83 $ 0.19 Condensed Consolidated Balance Sheet (Unaudited) ($ in thousands) 2013 2012 2011 Assets Cash $ 306,000 $ 205,000 $ 155,000 Securities 1,690,000 1,268,000 1,524,000 Loans 6,801,000 5,709,000 4,780,000 Allowance for Loan and Lease Losses (100,000) (95,000) (99,000) Net Loans 6,701,000 5,614,000 4,681,000 Other Assets 610,000 536,000 485,000 Total Assets $ 9,307,000 $ 7,623,000 $ 6,845,000 Liabilities and Equity Deposits $ 7,838,000 $ 6,455,000 $ 5,659,000 Borrowings 455,000 309,000 514,000 Other Liabilities 159,000 99,000 35,000 Total Liabilities $ 8,452,000 $ 6,863,000 $ 6,208,000 Shareholders’ Equity 855,000 760,000 637,000 Total Liabilities and Shareholders’ Equity $ 9,307,000 $ 7,623,000 $ 6,845,000
Our goal is to provide “best in class” personalized, value-added banking services to our customers and to help facilitate growth in our local economies. We are one of the few banks in the country our size that has consistently grown lending during both good and bad economic times. We pride ourselves in the long-lasting personal relationships we have forged with our clients. We remain committed to being the premier banking option for business. 1
Dear Clients, Shareholders and Friends of Western Alliance, Simply put, 2013 was an outstanding year for Western Alliance Bancorporation. We delivered record revenue, net income, return on assets, and loan and deposit growth. The underlying foundation to our exceptional growth is our commitment to our clients and our ability to attract and retain the best and most talented bankers. Our theme of “Where business gets done” is centered on eliminating bureaucracy and having executive management engaged in helping to manage customer relationships. While most banks focus either on growth OR earnings, we were able execute on both as we gained market share AND grew earnings. For the year, WAL ranked in the top quartile of our peers in all key measurements of return on assets, net interest margin, ef?ciency ratio, loan growth, and deposit growth. More specifically, net income grew from $72.8 million to $114.5 million in 2013, resulting in an increase in earnings per share from $.83 to $1.31. During the year, we generated $2.2 billion in loans that resulted in loan growth of $1.1 billion and loans outstanding at year end of $6.8 billion. Our deposits expanded by $1.4 billion to $7.8 billion. We maintained our strong Capital position ending 2013 with Tier One Leverage and Total Capital ratios of 9.8% and 12.4% respectively. Our disciplined approach to lending, along with improving economic trends in our primary markets, resulted in continued loan quality improvements. During 2013, the ratio of non-performing assets declined by 40% to 1.5% of total assets. The ratio of net loan losses for the year declined by 85% from 2012 to just .14% of average loans. All of these results translated into value to our customers and the communities we serve, as well as an outstanding return to our shareholders. 2
WAL is well positioned for future growth and success. We enter 2014 with strong momentum in all facets of our business. Our plans for the year anchor around the following key initiatives: organic expansion in our core banking markets and in our national business lines. strategic expansion through acquisition in new product lines and select Western markets. in technology to improve our products and services to our clients and our operating ef?ciency. to strengthen our risk management processes which are key to everything we do for our clients. Part of being a great bank is making a difference in the communities we serve. Not only do we strive to be a trusted resource for lending funds to businesses, which in turn fuel both economic and job growth, but our 1,052 employees are committed to helping those less fortunate. Last year, we volunteered and provided funds to over 200 community organizations. We also lead in ?nancing businesses and development projects in low to moderate income area neighborhoods. Our Board of Directors oversees how we manage our business and ensures we operate with proper corporate governance. They do a great job. Our customers are why we come to work every day. We appreciate your business and look forward to continuing to work hard to add value for you. And ?nally, I wish to thank our loyal and dedicated employees because you are the face of this bank and the key ingredient in the outstanding level of service we provide to our clients. Robert Sarver Chairman and Chief Executive Of?cer 3
Loan Originations and Year End Loans, 2011-2013 $ in millions Year End Loans Loan Originations $6,801 $5,709 $2,267 $4,780 $1,817 $1,132 2011 2012 2013 2011 2012 2013 Western Alliance is one of the fastest growing banks in the nation, Deposits, Three Year Change $ in billions Nevada $2.99B Nevada California $2.76B $2.12B California $1.45B Other States Arizona $1.13B Arizona Other $0.89B $1.60B States $0.24B 2010 2013 $5.34B $7.84B 4
Shareholder Performance Return on Tangible Common Equity 2011 3.8% 2012 14.3% 2013 17.7% At 12/31/13, the value of $10,000 investment in WAL compared to S&P 500 and KBW Regional Banking Index If invested WAL S&P 500 KBW Regional Banking Index One year ago $22,659 $13,239 $14,630 Three years ago $32,418 $15,682 $15,696 ranking 70th in total assets among all publicly-held banking companies. Total Capital $ in thousands Total Capital 12/31/2013 $991,461 Total Capital $856,199 $189,811 Total Capital Additional Capital $723,327 $176,482 Additional Capital $801,650 $148,345 Well Capitalized 10% Additional Capital $679,717 Well Capitalized 10% $574,982 Well Capitalized 10% 2011 2012 2013 A 10% Total Risk-Based Capital ratio is the minimum required to be considered “well capitalized”. 5
The Western Alliance Difference. Local focus. Regional advantage. Founded by a seasoned group of veteran bankers and business leaders, our entrepreneurial culture and a deep commitment to the growth of the communities we serve have driven the expansion of Western Alliance Bank. Since our first bank was founded twenty years ago, Western Alliance Bancorporation is now approaching $10 billion in assets, and is one of the top 100 publicly-held banking companies in the United States. The bank operates with full service offi ces in Arizona, California and Nevada, as well as a national platform of specialized financial services. Local Focus Regional Advantages decision making lending capacity responsiveness and service specific expertise driven range of banking services market knowledge ? solutions to senior management to regional network/opportunities Western Alliance has built a reputation for responsiveness, expertise, and an entrepreneurial spirit that shares our clients’ needs to “get business done”. This spirit continues to attract talented bankers and clients to a uniquely solutions-driven banking organization. 7
Ed Cebulko and Richard Lassiter, co owners, Power Gen Components, with Bill Paredes, Executive Vice President, Corporate Banking Manager, Bank of Nevada (center). 8
We underwent a major change in our business when we started manufacturing turbine components for the power generation industry. We now deal with Experienced local some of the largest and most sophisticated relationship managers engineering companies in the world. The certification process was extensive, are the core of our Bank’s exhaustive and disruptive, and it took time business, originating over and patience, particularly from our banker. $2.2 billion in loans in 2013. As we expected, once this process was completed and we passed the test, the sky is now the limit. We needed a The power of expertise and responsiveness. financial partner, not just a bank, during With leading senior professional bankers in this critical time and we had this with their local markets, Western Alliance is responsive Bank of Nevada. in meeting clients’ fi nancing needs. Having in-depth knowledge of the market, coupled with Ed Cebulko and Richard Lassiter local authority and involvement of executive Co Owners, Power Gen Components management, empowers bankers to act quickly in servicing their clients’ needs. The Bank prides itself on a culture of entrepreneurism – resulting in a record $2.2 billion in loans originated in 2013. and industrial loans commercial real estate financing construction lending finance/leasing 504 and 7(a) programs based lending fi lending lending finance Power Gen Components ? of Credit During their 10 year relationship with the bank, corporate banker Bill Paredes has witnessed partners ? syndications Ed Cebulko and Richard Lassiter succeed in a highly Lines of Credit specialized manufacturing business, focused in fit organization lending meeting the growing, sophisticated requirements of the power generation industry. From its Las Vegas- based operation, the high precision product is shipped throughout North America, Europe, Asia and South America. The firm has hired over 55 new employees in the past three years. 9
L to r: Monika Suarez, Vice President, Western Alliance Public Finance, Molly Forrest, Chief Executive Officer – President and Sherri B Cunningham, Chief Financial Of?cer and VP of Finance, Los Angeles Jewish Home.
The Jewish Home is a unique organization and we wanted a bank with a special combination of expertise, capacity and In 2013, Western Alliance personal attention to handle our needs. provided over $390 million We are pleased to say we found it with in loans to local public and Western Alliance – and look forward to our relationship for many years to come. non-profit organizations in our markets, and holds Molly Forrest Chief Executive Officer – President, over $600 million of public Los Angeles Jewish Home funds on deposit. A trusted banking option for governmental and non-profit customers. A team of highly experienced public finance specialists provides financing, deposit and treasury management services to a wide variety of public and non-profit entities: and local governments ? school districts ? care schools and universities authorities Los Angeles Jewish Home fit organizations The Los Angeles Jewish Home has been at the forefront of senior care for over 100 years. Today, the Home is both a leading provider of senior healthcare services for the community and a senior living care facility serving over 4,300 seniors. The bank is pleased to be a financial partner, providing a $71 million tax-exempt bond refi nancing that saved the Home nearly $7 million over the next 20 years. 11
L to r: Sanjay Ghosh, MD, John Maguire, President, Torrey Pines Bank, and Paul Murphy, MD. 12
We appreciate the relationship we have had with the bank for many years. For the past ten years, Torrey Pines Bank has provided a level of personalized service the big banks could not match. They have seen us grow and understand the A fast-changing complexities and rapid change in health care. The bank is a valued partner and environment demands was a key part of launching our surgery bankers who understand center even during the challenging the client’s industry and economy of 2009. can help anticipate Sanjay Ghosh, MD, and Paul Murphy, MD Founding Partners, SMI Surgery Center future needs. Professionals and their practices have different requirements than other businesses. Western Alliance has senior bankers, many with over 20 years of experience in specific professional areas. These bankers are active members in professional organizations and sponsor continuing education programs and financial seminars on current topics related to their business and financial needs. Healthcare facilities Physician practices SMI Surgery Center, San Diego Dental practices Partner physicians, Drs. Paul Murphy and Law firms Sanjay Ghosh, have been long-time clients of CPA practices Torrey Pines Bank and worked with the bank in Engineering/architectural firms the launch of their state-of-the-art surgery center in 2009. The 12,000 sf center has four operating Insurance practices rooms and private 23-hour stay rooms. Together with a team of partner physicians, the center focuses on the specialties of orthopaedic surgery, minimally invasive spine surgery, interventional pain management and reconstructive plastic surgery. 13
L to r: Kelley Deal, Vice President, Commercial Banker, Alliance Bank, Simone Stover Principal, Senior Interior Designer, Rory Carder, Principal, Managing Director, and Mike Edwards, APA, Principal, Senior Architectural Designer, DAVIS. 14
Alliance, like DAVIS, is forward-thinking and brings value in the ability to adapt to ever changing economic circumstances. We have a long and productive relationship with Alliance Bank that goes back many Clients have a designated years. Both of our companies’ strong commitment to the clients we serve help Treasury Management make our state a meaningful place to professional who knows work and live. their business and provides Michael R. Davis CEO & Director of Design, DAVIS on-site consulting and tailor-fit deposit solutions. Cash Management solutions for business. Treasury Management bankers work one-on-one with each client to analyze the business’s current treasury operation and then design a specifi c solution to optimize their cash management needs, increase efficiency and enhance the client’s security and fraud protection. ACH Services E-deposit remote capture Online Banking Marina Heights, DAVIS© Positive Pay Trusteer Fraud Protection DAVIS Cash Vault Headquartered in Phoenix, DAVIS has designed Merchant Services 75 million square feet of highly successful work Lockbox environments valued at over $20 billion. Founded ?in 1975, the firm provides urban design and Zero Balance accounts planning, programming, architecture, interior design, and facility planning and management. DAVIS has received hundreds of awards including multiple “Architecture Firm of the Year” recognitions by NAIOP. 15
Moving local economies forward through business and banking partnerships. More than ever, businesses need a banking relationship they can count on. Gary Cady Promoting Business Growth CEO, Torrey Pines Bank Business owners depend on having a bank that they can rely on to weather changes in economic cycles and seize opportunities when they arise. Having a relationship manager who knows the local market gives business owners a key financial resource to foster their success and help them navigate through changing times. Business is a key driver of the health of our economy and a vital engine necessary Western Alliance provides business owners to propel job creation. Since our inception, and entrepreneurs with a broad range of we have been a consistent, active financial financing options for commercial real estate, resource to help business owners and working capital, lines of credit, equipment entrepreneurs succeed – with bankers who financing, and Small Business Administration have deep local roots and are personally loan programs including: dedicated to ensure we succeed in 504 program this mission. 7(a) program We are recognized as the “bank of choice” in our markets for commercial real estate Our relationship managers also participate in and business financing based on our local local Community Development Corporations market knowledge and structure which (CDCs) and partner with them and the Small empowers our bankers to get decisions and Business Administration as speakers and execute quickly. As a result, our bankers subject experts. have earned special recognition for their achievements including awards from the Small Business Administration for top performance in SBA lending in our markets. Having a seasoned team of bankers and an entrepreneurial culture allows us to fuel this important sector of our economy with responsiveness and increased capacity to grow our reputation as the bank “Where business gets done.” 16
Commercial real estate financing is essential to Clients require industry specific long-term economic growth. financial expertise to meet today’s competitive demands. ? Association Financial Services – Alliance Association Bank, a division of Western Alliance Bank, provides a full range of loan, deposit James H. Lundy CEO, Alliance Bank of Arizona and treasury management services specifically designed for the community and homeowners association industry across the country. Sector/Nonprofit Organizations – Our specialized team provides financing solutions to refinance debt, construct new facilities and fund infrastructure projects. The consistent availability of commercial real Lending – Designed for franchise estate financing is critical to the continued growth operators, financing is delivered through of both our regional economies and our bank. relationship managers with strong experience We attract and retain highly experienced bankers in serving the needs of franchise operations with an in-depth knowledge of their local markets in the quick service restaurant industry. and each real estate product set within Finance – Serving US-based resort these markets. developers in the timeshare industry, a team Our bankers recognize that not all transactions of dedicated professionals provides customized fit in a “box” and responsiveness can be a vital solutions for receivable financing, land acquisition, factor to get a deal closed. As a result, we work construction and inventory financing. at crafting loan structures that provide the fi Warehouse Lending – individual solutions our clients need. Warehouse Lending relationship managers are Our commitment to this critical component of strategically located across the country to provide our economy has enabled us to forge strong an exceptional level of responsiveness and relationships with highly regarded commercial ? exibility to meet the credit needs of the real estate developers and investors, and our mortgage banking industry. bankers actively participate and hold leadership Finance – Western Alliance positions in organizations such as the Urban equipment finance professionals provide Land Institute, NAIOP and CREW Network. customized solutions for business clients including Given our results, our clients know they can tax and non-tax oriented leasing solutions and rely on us to deliver solutions and meet the debt products across a broad industry spectrum. time-sensitive deadlines often required in commercial real estate financing. Lending – Our asset-based lending group provides senior secured term and revolving credit facilities to large corporate borrowers. 17
An unwavering commitment to giving back to our communities. In an increasingly automated world, clients can rely on Western Alliance for superior personal service and attention. Bruce Hendricks CEO, Bank of Nevada Clients know they will receive “Private Bank” style service for their business and personal deposit account relationships. We offer a comprehensive range of deposit accounts to serve all sizes and types of businesses, professional practices, and non-profit organizations as well as personal Since our inception, Western Alliance has banking needs. demonstrated an active commitment to helping ? deposit checking accounts the underserved and meeting the needs of low checking accounts and moderate income neighborhoods through accounts community development lending programs that address affordable housing and other fi? Market accounts economic development initiatives. fiof Deposit Many of our bankers are active leaders fiof Deposit Registry in community organizations serving on Service/ CDARS® Program boards, committees, and in volunteer work. ® Through this community development focus, Cash Sweep/ICS Program we are continuously seeking opportunities ?? accounts to participate in providing loans, grants, Deposit Accounts sponsorships and volunteer efforts and are active in over 200 organizations in the markets we serve. Because these efforts are a key part of our culture, every year our employees contribute thousands of hours in volunteer service and many earn special recognition from their community organizations. 18
Western Alliance Bancorporation Board of Directors Robert Sarver Bruce Beach William S. Boyd Marianne Boyd Steven J. Hilton Cary Mack Todd Marshall Chairman and Chairman and CEO Executive Chairman Johnson Chairman and Chief Co-Managing Partner Chairman of the Board Chief Executive Of?cer BeachFleischman PC of the Board Executive Vice President Executive Of?cer Southwest Value Marshall Retail Group Western Alliance Boyd Gaming and Vice Chairman Meritage Homes Partners Bancorporation Corporation of the Board Corporation Boyd Gaming Corporation M. Nafees Nagy, MD James E. Nave, DVM John P. Sande, III Donald Snyder Sung Won Sohn, PhD Kenneth A. Vecchione Director Owner Partner President Smith Professor Chairman Premier Care Network Tropicana Animal Fennemore Craig University of Nevada of Economics Western Alliance Bank Hospital Jones Vargas Las Vegas California State President and CEO University CI Encore Capital Group Executive Management Committee Robert Sarver Gary Cady Duane Froeschle Dale Gibbons Bruce Hendricks Chairman and Executive Vice President Executive Vice President Executive Vice President Executive Vice President Chief Executive Of?cer California Administration Southern Arizona Chief Financial Of?cer Southern Nevada Administration Administration James H. Lundy Robert McAuslan Pat Taylor Randall Theisen Merrill Wall Executive Vice President Executive Vice President Executive Vice President Executive Vice President Executive Vice President Arizona and Northern Chief Credit Of?cer Chief Risk Of?cer General Counsel Chief Administrative Nevada Administration Of?cer 19
Of?ces alliancebankofarizona.com bankofnevada.com ?rstindependentnv.com torreypinesbank.com Chandler Of?ce Sahara Regional Of?ce Kietzke Of?ce Carmel Valley Of?ce (Opening Summer 2014) 2700 W. Sahara Ave. 5335 Kietzke Lane 12220 El Camino Real, Ste. 110 3033 W. Ray Road Las Vegas, NV 89102 Reno, NV 89511 San Diego, CA 92130 Chandler, AZ 85226 (702) 248-4200 (775) 828-2000 (858) 523-4630 Victor Napolitano, SVP Lori Harrison, EVP Mike Hix, SVP Tom Woolway, SVP Teo?a Rich, SVP, Private Banking Cityscape Of?ce Centennial Hills Of?ce Carson City Of?ce One E. Washington St., Ste. 100 8505 W. Centennial Pkwy. 1818 E. College Pkwy. Beverly Hills Of?ce Phoenix, AZ 85004 Las Vegas, NV 89149 Carson City, NV 89706 9355 Wilshire Blvd. (602) 629-1776 (702) 856-7160 (775) 682-4747 Beverly Hills, CA 92101 Rob Gramhill, SVP Joyce Smith, SVP Greg Nixon, VP (310) 623-8900 Kathleen Chapman, SVP Biltmore Park Of?ce Grand Central Pkwy. Of?ce Fallon Of?ce 2701 E. Camelback Rd., Ste. 110 100 City Pkwy., Ste. 120 2061 W. Williams Ave. Carlsbad Of?ce Phoenix, AZ 85016 Las Vegas, NV 89106 Fallon, NV 89406 2760 Gateway Rd. (602) 952-5400 (702) 696-6700 (775) 423-9586 Carlsbad, CA 92009 Matt Gilbreath, SVP Lori Harrison, EVP Robby Johnston, VP (760) 444-8400 Don Schempp, SVP Flagstaff Of?ce Hualapai Regional Of?ce Spanish Springs Of?ce 214 E. Birch Ave. 1115 S. Hualapai Way 381 Los Altos Pkwy. Kearny Mesa Of?ce Flagstaff, AZ 86001 Las Vegas, NV 89117 Sparks, NV 89436 9280 Clairemont Mesa Blvd. (928) 214-3400 (702) 856-7100 (775) 626-9400 San Diego, CA 92123 Sherri Slayton, EVP Rachelle Crupi, EVP Kathy Flamm, SVP (858) 259-5300 Vince Kingsley, SVP Mesa Of?ce Northwest Regional Of?ce Sparks Industrial Of?ce 1110 E. Baseline Road 7251 W. Lake Mead Blvd., Ste. 108 980 S. McCarran Blvd. Golden Triangle Of?ce Mesa, AZ 85204 Las Vegas, NV 89128 Sparks, NV 89431 4350 Executive Dr., Ste. 130 (480) 609-2900 (702) 240-1734 (775) 358-1300 San Diego, CA 92121 Dee Burton, EVP Mark Larson, EVP Kathy Flamm, SVP (858) 523-4688 Burt Brigida, SVP Midtown Of?ce Southwest Regional Of?ce Sparks Marina Of?ce 2901 N. Central Ave., Ste. 100 3985 S. Durango Dr. 725 Sparks Blvd. La Mesa Of?ce Phoenix, AZ 85012 Las Vegas, NV 89147 Sparks, NV 89434 8379 Center Dr. (602) 629-1700 (702) 363-5140 (775) 358-8400 La Mesa, CA 91942 Kelly Conner, SVP Sarah Guindy, EVP Kathy Flamm, SVP (619) 233-2555 Chris Grassa, SVP North Scottsdale Of?ce Aliante Of?ce Robb Drive Of?ce 15100 N. 78th Way 6915 Aliante Pkwy. 6290 Sharlands Ave. Los Altos Of?ce Scottsdale, AZ 85260 North Las Vegas, NV 89084 Reno, NV 89523 20 First St. (480) 905-4460 (702) 856-7140 (775) 746-3000 Los Altos, CA 94022 Julian Fruhling, SVP Cindi Underwood, Op. Mgr. Michele Trombly, SVP (650) 469-1700 Al Diaz, SVP Scottsdale/Paradise Valley Of?ce Henderson Regional Of?ce 7373 N. Scottsdale Rd. 2890 N. Green Valley Pkwy. Los Angeles Of?ce Scottsdale, AZ 85253 Henderson, NV 89014 One Bunker Hill, 601 W. 5th Ave. (480) 998-6500 (702) 451-0624 Los Angeles, CA 90071 Joan Lessner, SVP Daline Januik, EVP (213) 362-5200 Western Alliance Paul Donaldson, EVP, Reg. Pres. Sedona Of?ce Siena Heights Of?ce Equipment Finance 6486 Highway 179, Ste. 110 10199 S. Eastern Ave. Oakland Of?ce westernallianceef.com Sedona, AZ 86351 Henderson, NV 89052 1951 Webster St. (928) 284-2380 (702) 940-8500 One E. Washington St. Oakland, CA 94612 Carol Schlim-Thomason, VP Kathy Taylor, SVP Phoenix, AZ 85004 (510) 899-7500 (602) 797-3643 Larry Fountain, EVP, Reg. Pres. Swan Of?ce Stephanie Of?ce Bill Koenig, EVP 4703 E. Camp Lowell Dr. 221 N. Stephanie St. San Diego Of?ce Tucson, AZ 85712 Henderson, NV 89074 550 West C St., Ste. 100 (520) 784-6000 (702) 939-5700 Western Alliance San Diego, CA 92101 Duane Froeschle, President Daline Januik, EVP (619) 233-2500 Mortgage Warehouse Robert McNamara, SVP Williams Centre Of?ce Mesquite Of?ce Lending 200 S. Craycroft Rd. 11 Pioneer Blvd. westernalliancewl.com Symphony Towers Of?ce Tucson, AZ 85711 Mesquite, NV 89027 2701 E. Camelback Rd. 750 B St., Ste. 100 (520) 322-7700 (702) 346-6600 Phoenix, AZ 85016 San Diego, CA 92101 Pat Simmons, SVP Dan Wright, SVP (602) 952-5414 (619) 233-2200 Steve Curley, SVP Francesca Castagnola, SVP Alliance Association Bank Western Alliance Western Alliance Western Alliance allianceassociationbank.com Asset-Based Lending Public Finance Resort Finance (New Headquarters July 2014) One E. Washington St. westernalliancepf.com westernalliancerf.com 3033 W. Ray Road Phoenix, AZ 85004 One E. Washington St. One E. Washington St. Chandler, AZ 85226 (602) 952-5488 Phoenix, AZ 85004 Phoenix, AZ 85004 (888) 734-4567 Brent Edgecumbe, SVP (602) 797-3634 (602) 386-2315 Craig Huntington, President Jim Sult Jr., SVP Tracy Gaylord, Managing Director Tom Perrott, Managing Director 20
Locations NORTHERN NEVADA First Independent Bank 7 LOCATIONS N E V A D A BAY AREA 2 LOCATIONS SOUTHERN NEVADA Bank of Nevada C A L I F O R N I A 11 LOCATIONS Torrey Pines Bank NORTHERN ARIZONA 2 LOCATIONS LOS ANGELES A R I Z O N A 2 LOCATIONS Alliance Bank of Arizona SAN DIEGO COUNTY METRO PHOENIX 7 LOCATIONS 6 LOCATIONS TUCSON 2 LOCATIONS Western Alliance Bancorporation (NYSE:WAL) is a leading bank holding company providing comprehensive business banking and related financial services through its primary subsidiary, Western Alliance Bank. With local teams of experienced bankers, the bank provides a superior level of capabilities, products and service, to assist the growth of local businesses and the quality of life in the markets it serves. In addition to a national platform of specialized financial service units, the bank operates full service banking offices in its local markets as Alliance Bank of Arizona, Bank of Nevada, First Independent Bank and Torrey Pines Bank. Western Alliance Bancorporation is publicly traded on the New York Stock Exchange. Alliance Bank of Arizona, Bank of Nevada, First Independent Bank and Torrey Pines Bank are divisions of Western Alliance Bank. Member FDIC. Western Alliance Bank and Western Alliance Equipment Finance are subsidiaries of Western Alliance Bancorporation.
One East Washington Street Phoenix, AZ 85004 (602) 389-3500 westernalliancebancorp.com Alliance Bank of Arizona, Bank of Nevada, First Independent Bank and Torrey Pines Bank are divisions of Western Alliance Bank. Member FDIC. Western Alliance Bank and Western Alliance Equipment Finance are subsidiaries of Western Alliance Bancorporation. ©2014 Western Alliance Bancorporation 03/14