Wintrust Financial Corporation Reports First Quarter 2013 Net Income of $32.1 Million, an Increase of 38%

Wintrust Financial Corporation Reports First Quarter 2013 Net Income of $32.1
Million, an Increase of 38%

ROSEMONT, Ill., April 17, 2013 (GLOBE NEWSWIRE) -- Wintrust Financial
Corporation ("Wintrust" or "the Company") (Nasdaq:WTFC) announced net income
of $32.1 million or $0.65 per diluted common share for the first quarter of
2013 compared to net income of $30.1 million or $0.61 per diluted common share
for the fourth quarter of 2012 and $23.2 million or $0.50 per dilutedcommon
share for the first quarter of 2012.


Highlights compared with the Fourth Quarter of 2012*:

  *Net income increased by $2.0 million
  *Stable net interest margin, increasing by one basis point
  *Effective expense management as evidenced by a net overhead ratio, based
    on pre-tax adjusted earnings, of 1.47%
  *$13.1 million decrease, or 52%, in net charge-offs to $11.9 million, the
    lowest level since the first quarter of 2009
  *$3.9 million decrease in provision for credit losses
  *$6.9 million improvement in OREO expenses primarily related to lower
    valuation adjustments of properties held in OREO and higher gains
    recognized on the sale of covered OREO
  *2% increase in tangible common book value per share to $29.74, up from
    $29.28
  *Increase in tangible common equity ratio, assuming conversion of preferred
    stock, to 8.8%, up from 8.4%
  *Effectively managed the balance sheet through reduction of excess
    liquidity
  *Completed the divestiture of the deposits and the current banking
    operations of Second Federal Savings and Loan Association of Chicago
  *Signed a definitive agreement to acquire First Lansing Bancorp, Inc., the
    parent company of First National Bank of Illinois

* See "Supplemental Financial Measures/Ratios" on page 12/13 for more
information on non-GAAP measures.

The Company's total assets of $17.1 billion at March 31, 2013 increased $902
million from March 31, 2012. Total deposits as of March 31, 2013 were $14.0
billion, an increase of $1.3 billion from March 31, 2012. Non-interest bearing
deposits increased by $342 million, or 18%, since March 31, 2012, primarily
due to demand deposits from new relationships generated by the Company's
commercial lending initiative. NOW, wealth management, money market and
savings deposits increased $1.1 billion, or 19%, during the same time period.
Total loans, excluding covered loans and loans held for sale, were $11.9
billion as of March 31, 2013, an increase of $1.2 billion, or 11%, over March
31, 2012.

Edward J. Wehmer, President and Chief Executive Officer, commented, "Our
reported first quarter net income of $32.1 million represents a 7% increase
over the $30.1 million of net income reported in the fourth quarter of 2012
and a 38% increase over the $23.2 million of net income reported in the first
quarter of 2012. The first quarter of 2013 was highlighted by lower levels of
net loan charge-offs, lower net OREO costs, improved utilization of liquidity,
stable net interest margin and solid loan growth."

Mr. Wehmer continued, "The balance sheet was managed during the first quarter
to minimize the impact of a large liquidity position that existed at the end
of the year. The sale of Second Federal locations and deposits utilized
approximately $144 million of liquidity. Additionally, the Company reduced its
excess liquidity through the planned reductions in certain wholesale wealth
management deposits and brokered CDs of approximately $250 million. Total loan
growth in the first quarter was essentially funded by reduced levels of loans
held for sale and covered assets. Total loans outstanding, excluding covered
loans and loans held for sale, increased $71 million in the first quarter of
2013 compared to the fourth quarter of 2012. Loan growth for the quarter was
strong in the commercial and commercial real-estate portfolios, increasing
$167 million, excluding a reduction in our mortgage warehouse lines of credit
of $83 million. Strong loan growth right near the end of the year contributed
to a larger increase in the average balance of total loans in the first
quarter of 2013 when compared to the change in period-end balances."

Mr. Wehmer further commented, "Pre-tax adjusted earnings decreased by $4.2
million compared to the previous quarter. The decrease is primarily
attributable to a reduction in net interest income based on two fewer days of
net interest income of $2.9 million in the current quarter in addition to
lower mortgage banking revenue. The $4.6 million decline in mortgage banking
revenue in the first quarter resulted from a drop in loan volume associated
with a slight increase in mortgage rates in the current period as well as the
related tightening of pricing and secondary marketing gains. We expect
origination volumes in the second quarter to remain relatively steady as we
anticipate that a slight increase in loan volume from the traditional spring
purchase market and a strong internal mortgage loan pipeline, may be
potentially offset by a negative impact on the refinance market from
anticipated interest rate increases."

Commenting on credit quality, Mr. Wehmer noted, "The Company's credit quality
metrics exhibited some of the minor bumpiness that we have been describing
could occur. Our ratio of non-performing loans to total loans, excluding
covered loans and loans held for sale, increased to 1.08% at March 31, 2013,
up from 1.00% at December 31, 2012. The ratio at the end of last year was the
lowest reported level since the end of the third quarter in 2007. We do not
expect the slight increase in non-performing assets in the first quarter of
2013 to continue during the remainder of the year as evidenced by the
near-term past due levels."

Turning to the future, Mr. Wehmer stated, "Our pipelines for both internal
growth and external growth remain very strong. Discipline with loan pricing
will continue to be challenging as competition intensifies in the current low
interest rate environment. Growing franchise value, increasing profitability,
maximizing capital usage and increasing shareholder value continue to be our
main objectives."

The graphs below illustrate certain highlights of the first quarter of 2013
including, increased net income and tangible common book value, continued loan
growth, decreased net charge-offs and liquidity management.

Graphs accompanying this release are available at
http://media.globenewswire.com/cache/11955/file/19112.pdf

Wintrust's key operating measures and growth rates for the first quarter of
2013, as compared to the sequential and linked quarters are shown in the table
below:

                                                 % or^(5)     % or
                                                 basispoint basispoint
                                                     (bp)         (bp)
                                                 change       change
                                                 from         from
               Three Months Ended                  4thQuarter  1stQuarter
(Dollars in      March 31,   December    March 31,   2012         2012
thousands)       2013        31, 2012    2012
Net income       $ 32,052    $ 30,089    $ 23,210    7%           38%
Net income per
common share –   $ 0.65      $ 0.61      $ 0.50      7%           30%
diluted
Pre-tax adjusted $ 68,263    $ 72,441    $ 64,067    (6)%         7%
earnings ^(2)
Net revenue ^(1) $ 188,092   $ 197,965   $ 172,918   (5)%         9%
Net interest     $ 130,713   $ 132,776   $ 125,895   (2)%         4%
income
Net interest     3.41%       3.40%       3.55%       1 bp         (14) bp
margin ^(2)
Net overhead     1.47%       1.48%       1.80%       (1) bp       (33) bp
ratio ^(2) (3)
Net overhead
ratio, based on
pre-tax adjusted 1.47%       1.39%       1.57%       8 bp         (10) bp
earnings ^(2)
(3)
                                                             
Efficiency ratio 63.78%      66.13%      68.24%      (235) bp     (446) bp
^(2) (4)
Efficiency
ratio, based on
pre-tax adjusted 63.46%      62.62%      62.17%      84 bp        129 bp
earnings ^(2)
(4)
                                                             
Return on        0.75%       0.69%       0.59%       6 bp         16 bp
average assets
Return on
average common   7.27%       6.79%       5.90%       48 bp        137 bp
equity
Return on
average tangible 9.35%       8.71%       7.55%       64 bp        180 bp
common equity
At end of period                                              
Total assets     $           $           $           (10)%        6%
                 17,074,247  17,519,613  16,172,018
Total loans,
excluding loans  $           $           $
held-for-sale,   11,900,312  11,828,943  10,717,384  2%           11%
excluding
covered loans
Total loans,
including loans  $           $           $
held-for-sale,   12,281,234  12,241,143  11,067,712  1%           11%
excluding
covered loans
Total deposits   $           $           $           (13)%        10%
                 13,962,757  14,428,544  12,665,853
Total
shareholders'    $ 1,825,688 $ 1,804,705 $ 1,687,921 5%           8%
equity
                                                             
(1) Net revenue is net interest income plus non-interest income.
(2) See "Supplemental Financial Measures/Ratios" for additional information
on this performance measure/ratio.
(3) The net overhead ratio is calculated by netting total non-interest
expense and total non-interest income, annualizing this amount, and dividing
by that period's average total assets. A lower ratio indicates a higher degree
of efficiency.
(4) The efficiency ratio is calculated by dividing total non-interest expense
by tax-equivalent net revenue (less securities gains or losses).A lower ratio
indicates more efficient revenue generation.
(5) Period-end balance sheet percentage changes are annualized.

Certain returns, yields, performance ratios, or quarterly growth rates are
"annualized" in this presentation to represent an annual time period. This is
done for analytical purposes to better discern for decision-making purposes
underlying performance trends when compared to full-year or year-over-year
amounts. For example, a 5% growth rate for a quarter would represent an
annualized 20% growth rate. Additional supplemental financial information
showing quarterly trends can be found on the Company's web site at
www.wintrust.com by choosing "Financial Reports" under the "Investor
Relations" heading, and then choosing "Supplemental Financial Information."

Financial Performance Overview – First Quarter 2013

For the first quarter of 2013, net interest income totaled $130.7 million, a
decrease of $2.1 million as compared to the fourth quarter of 2012 and an
increase of $4.8 million as compared to the first quarter of 2012.The changes
in net interest income on both a sequential and linked quarter basis are the
result of the following:

  *Net interest income decreased $2.1 million in the first quarter of 2013
    compared to the fourth quarter of 2012, due to:

    *A four basis point decline in the yield on earning assets and two fewer
      days in the current quarter were partially offset by a $6 million
      increase in average earning assets, resulting in a decrease in total
      interest income of $4.3 million in the first quarter of 2013 compared to
      the fourth quarter of 2012.

    *A six basis point decline in the rate paid on total interest-bearing
      liabilities along with two fewer days in the current quarter were
      partially offset by a $47 million increase in average interest bearing
      liabilities, creating a $2.3 million reduction in interest expense in
      the first quarter of 2013 compared to the fourth quarter of 2012.

    *Combined, the reduction of interest expense by $2.3 million and the
      decrease in interest income of $4.3 million created the $2.1 million
      decrease in net interest income in the first quarter of 2013 compared to
      the fourth quarter of 2012.

  *Net interest income increased $4.8 million in the first quarter of 2013
    compared to the first quarter of 2012, due to:

    *Average earning assets for the first quarter of 2013 increased by $1.3
      billion compared to the first quarter of 2012.This was comprised of
      average loan growth, excluding covered loans, of $1.4 billion and an
      increase of $34 million in the average balance of liquidity management
      and other assets partially offset by a decrease of $131 million in the
      average balance of covered loans. The growth in average total loans,
      excluding covered loans, included an increase of $398 million in
      commercial loans, $378 million in commercial real-estate loans, $282
      million in U.S.-originated commercial premium finance receivables, $249
      million in Canadian-originated commercial premium finance receivables,
      $48 million in life premium finance receivables and $114 million in
      mortgage loans held-for-sale, offset by a decrease of $64 million in
      home equity and other loans.
      
    *The average earning asset growth of $1.3 billion in the first quarter of
      2013 compared to the first quarter of 2012 did not fully offset a 44
      basis point decline in the yield on earning assets, creating a decrease
      in total interest income of $4.2 million in the first quarter of 2013
      compared to the prior year quarter.
      
    *Funding for the average earning asset growth of $1.3 billion was
      provided by an increase in total average interest bearing liabilities of
      $576 million (an increase in interest-bearing deposits of $1.4 billion
      partially offset by a decrease of $800 million of wholesale funding) and
      an increase of $732 million in the average balance of net free funds.
      
    *A 32 basis point decline in the rate paid on total interest-bearing
      liabilities more than offset the increase in average balance, creating a
      $9.0 million reduction in interest expense in the first quarter of 2013
      compared to the first quarter of 2012.
      
    *Combined, the reduction of interest expense by $9.0 million and the
      decrease in interest income of $4.2 million created the $4.8 million
      increase in net interest income in the first quarter of 2013 compared to
      the first quarter of 2012.

The net interest margin for the first quarter of 2013 was 3.41% compared to
3.40% in the fourth quarter of 2012 and 3.55% in the first quarter of
2012.The changes in net interest margin on both a sequential and linked
quarter basis are the result of the following:

  *The net interest margin in the first quarter of 2013 increased by one
    basis point when compared to the fourth quarter of 2012, due to:

    *The yield on total average earning assets declined four basis points
      while the rate on total average interest-bearing liabilities decreased
      six basis points.
      
    *The contribution from net free funds declined by one basis point.

  *The net interest margin in the first quarter of 2013 declined by 14 basis
    points when compared to the first quarter of 2012, due to:

    *The yield on total average earning assets declined 44 basis points while
      the rate on total average interest-bearing liabilities decreased 32
      basis points.
      
    *Competitive and economic pricing pressures have negatively impacted the
      yield on our non-covered loan portfolio. Additionally, the Company has
      also experienced lower yields on the covered loan portfolio.Positive
      repricing of retail interest-bearing deposits partially offset the lower
      loan portfolio yields.
      
    *The contribution from net free funds declined by two basis points.
      
    *Combined, this caused the net interest margin to decrease by 14 basis
      points in the first quarter of 2013 when compared to the first quarter
      of 2012.

The contribution from re-pricing retail deposits and maturing wholesale
funding has diminished when compared to previous quarters. Pressure on the net
interest margin will be applied more from the pricing/re-pricing of loan
volumes as the low rate environment prohibits further declines in
interest-bearing deposits of the same magnitude.

Non-interest income totaled $57.4 million in the first quarter of 2013,
decreasing $7.8 million compared to the fourth quarter of 2012 and increasing
$10.4 million, or 22%, compared to the first quarter of 2012. The decrease in
non-interest income in the first quarter of 2013 compared to the fourth
quarter of 2012 is primarily attributable to lower mortgage banking revenues,
lower gains on available-for-sale securities and increased FDIC
indemnification asset amortization, partially offset by an increase in wealth
management revenue. The increase in non-interest income in the first quarter
of 2013 compared to the first quarter of 2012 was primarily attributable to
higher mortgage banking and wealth management revenues, partially offset by a
decrease in fees from covered call options. Mortgage banking revenue decreased
$4.6 million when compared to the fourth quarter of 2012 and increased $11.6
million when compared to the first quarter of 2012. The decrease in mortgage
banking revenue from the fourth quarter of 2012 resulted primarily from a drop
in loan volume, associated with a slight increase in mortgage rates in the
current quarter and the related tightening of pricing and secondary marketing
gains, partially offset by a recovery of $755,000 in recourse reserves based
on analysis of historical claims and payments. Loans originated and sold to
the secondary market were $974 million in the first quarter of 2013 compared
to $1.2 billion in the fourth quarter of 2012 and $715 million in the first
quarter of 2012 (see "Non-Interest Income" section later in this release for
further detail).

Non-interest expense totaled $120.1 million in the first quarter of 2013,
decreasing $9.4 million compared to the fourth quarter of 2012 and increasing
$2.4 million, or 2%, compared to the first quarter of 2012. The decrease in
the current quarter compared to the fourth quarter of 2012 was primarily
attributable to a $6.9 million decrease in OREO expense primarily related to
fewer negative valuation adjustments on properties held in OREO and higher
gains recognized on the sale of covered OREO, and a decrease in miscellaneous
non-interest expense primarily related to $2.1 million of fees paid in the
fourth quarter of 2012 on the termination of longer-term, higher rate
repurchase agreements.

Financial Performance Overview – Credit Quality

The ratio of non-performing assets to total assets was 1.11% as of March 31,
2013, compared to 1.03% at December 31, 2012 and 1.17% at March 31,
2012.Non-performing assets, excluding covered assets, totaled $189.1 million
at March 31, 2013, compared to $181.0 million at December 31, 2012 and $189.9
million at March 31, 2012.

Non-performing loans, excluding covered loans, totaled $128.6 million, or
1.08% of total loans, at March 31, 2013, compared to $118.1 million, or 1.00%
of total loans, at December 31, 2012 and $113.6 million, or 1.06% of total
loans, at March 31, 2012. OREO, excluding covered OREO, of $56.2 million at
March 31, 2013 decreased $6.7 million compared to $62.9 million at December
31, 2012 and decreased $20.0 million compared to $76.2 million at March 31,
2012.

The provision for credit losses, excluding the provision for covered loan
losses, totaled $15.4 million for the first quarter of 2013 compared to $20.7
million for the fourth quarter of 2012 and $15.2 million in the first quarter
of 2012. Net charge-offs as a percentage of loans, excluding covered loans,
for the first quarter of 2013 totaled 39 basis points on an annualized basis
compared to 83 basis points on an annualized basis in the fourth quarter of
2012 and 53 basis points on an annualized basis in the first quarter of
2012.The improvement in net charge-offs was primarily the result of decreases
in net charge-offs within the commercial real estate portfolio during the
current period.

Excluding the allowance for covered loan losses, the allowance for credit
losses at March 31, 2013 totaled $125.6 million, or 1.06% of total loans,
compared to $122.0 million, or 1.03% of total loans at December 31, 2012 and
$124.1 million, or 1.16% of total loans at March 31, 2012.

Financial Performance Overview – Capital

Stock Offerings

In March 2012, the Company issued and sold 126,500 shares, or $126,500,000
aggregate liquidation preference, of Non-Cumulative Perpetual Convertible
Preferred Stock, Series C ("Preferred Stock") in an equity offering. 

Capital Ratios

As of March31, 2013, the Company's estimated capital ratios were 13.4% for
total risk-based capital, 12.3% for tier 1 risk-based capital and 10.2% for
leverage, above the well capitalized guidelines. Additionally, the Company's
tangible common equity ratio was 7.7% at March31, 2013. Assuming full
conversion of both classes of preferred stock, the tangible common equity
ratio was 8.8% at March31, 2013.

In June 2012, the U.S. banking regulators released notices of proposed
rulemaking (the "NPRs") that would substantially revise the current risk-based
capital standards to reflect the requirements of the Dodd-Frank Wall Street
Reform and Consumer Protection Act as well as the Basel III international
capital standards. It is generally expected that once the proposed rulemakings
are finalized, U.S. banks will be required to hold higher amounts of capital,
especially common equity, relative to their risk-weighed assets. Under the
current proposal, the calculations of risk-weighted assets would
change.Risk-weighted assets would be calculated using new and expanded
risk-weighting categories, applying a more risk sensitive treatment to certain
"high volatility" commercial real estate loans, residential mortgage loans,
past due and nonaccrual loans and unfunded commitments of less than one year.
In addition, if adopted as proposed, the NPRs would change the capital
requirements by, among other things, establishing a new capital standard
consisting of common tier 1 capital, increasing the minimum capital ratios for
certain existing capital categories and adding a required capital conservation
buffer. Additionally, trust preferred securities are phased out as a component
of Tier 1 Capital as required under the Dodd Frank Act.The Company has
estimated that it would be "well-capitalized" if the fully phased-in capital
requirements as proposed in the NPRs were adopted today.Until the proposals
are finalized and the final implementation dates are determined, however, the
impact of the final rules cannot be fully calculated with a high degree of
certainty.

Financial Performance Overview – Earnings Per Share

The following table shows the computation of basic and diluted earnings per
share for the periods indicated:

                                                          Three Months Ended
                                                          March 31,
(In thousands, except per share data)                      2013      2012
Net income                                                 $ 32,052  $ 23,210
Less: Preferred stock dividends and discount               2,616     1,246
accretion
Net income applicable to common shares—Basic          (A)   29,436    21,964
Add: Dividends on convertible preferred stock, if          2,581     —
dilutive
Net income applicable to common shares—Diluted        (B)   32,017    21,964
Weighted average common shares outstanding            (C)   36,976    36,207
Effect of dilutive potential common shares:                         
Common stock equivalents                                   7,443     7,530
Convertible preferred stock, if dilutive                   5,020     —
Weighted average common shares and effect of dilutive (D)   49,439    43,737
potential common shares
Net income per common share:                                        
Basic                                                 (A/C) $ 0.80    $ 0.61
Diluted                                               (B/D) $ 0.65    $ 0.50

Potentially dilutive common shares can result from stock options, restricted
stock unit awards, stock warrants, the Company's convertible preferred stock,
tangible equity unit shares and shares to be issued under the Employee Stock
Purchase Plan and the Directors Deferred Fee and Stock Plan, being treated as
if they had been either exercised or issued, computed by application of the
treasury stock method. While potentially dilutive common shares are typically
included in the computation of diluted earnings per share, potentially
dilutive common shares are excluded from this computation in periods in which
the effect would reduce the loss per share or increase the income per share.
For diluted earnings per share, net income applicable to common shares can be
affected by the conversion of the Company's convertible preferred stock. Where
the effect of this conversion would reduce the loss per share or increase the
income per share, net income applicable to common shares is not adjusted by
the associated preferred dividends.

                                                           
WINTRUST FINANCIAL CORPORATION                              
Selected Financial Highlights                              
                                                           
                                        Three Months EndedMarch 31,
(Dollars in thousands, except per share  2013                2012
data)
Selected Financial Condition Data (at                       
end of period):
Total assets                             $ 17,074,247        $ 16,172,018
Total loans, excluding covered loans     11,900,312          10,717,384
Total deposits                           13,962,757          12,665,853
Junior subordinated debentures           249,493             249,493
Total shareholders' equity               1,825,688           1,687,921
Selected Statements of Income Data:                         
Net interest income                      $ 130,713           $ 125,895
Net revenue ^(1)                         188,092             172,918
Pre-tax adjusted earnings ^(2)           68,263              64,067
Net income                               32,052              23,210
Net income per common share – Basic      $ 0.80              $ 0.61
Net income per common share – Diluted    $ 0.65              $ 0.50
Selected Financial Ratios and Other                         
Data:
Performance Ratios:                                         
Net interest margin ^(2)                 3.41%               3.55%
Non-interest income to average assets    1.35%               1.19%
Non-interest expense to average assets   2.82%               2.99%
Net overhead ratio ^(2) ^(3)             1.47%               1.80%
Net overhead ratio, based on pre-tax     1.47%               1.57%
adjusted earnings ^(2) (3)
Efficiency ratio ^(2) (4)                63.78%              68.24%
Efficiency ratio, based on pre-tax       63.46%              62.17%
adjusted earnings ^(2) (4)
Return on average assets                 0.75%               0.59%
Return on average common equity          7.27%               5.90%
Return on average tangible common equity 9.35%               7.55%
^(2)
Average total assets                     $ 17,256,843        $ 15,835,350
Average total shareholders' equity       1,818,127           1,564,662
Average loans to average deposits ratio  86.6%               88.1%
(excluding covered loans)
Average loans to average deposits ratio  90.4%               93.5%
(including covered loans)
Common Share Data at end of period:                         
Market price per common share            $ 37.04             $ 35.79
Book value per common share ^(2)         $ 38.13             $ 35.25
Tangible common book value per share     $ 29.74             $ 27.57
^(2)
Common shares outstanding                37,013,707          36,289,380
Other Data at end of period:^(8)                            
Leverage Ratio ^(5)                      10.2%               10.5%
Tier 1 capital to risk-weighted assets   12.3%               12.7%
^(5)
Total capital to risk-weighted assets    13.4%               13.9%
^(5)
Tangible common equity ratio (TCE)       7.7%                7.5%
^(2)(7)
Tangible common equity ratio, assuming
full conversion of preferred stock ^(2)  8.8%                8.6%
(7)
Allowance for credit losses ^(6)         $ 125,635           $ 124,101
Non-performing loans                     $ 128,633           $ 113,621
Allowance for credit losses to total     1.06%               1.16%
loans ^(6)
Non-performing loans to total loans      1.08%               1.06%
Number of:                                                  
Bank subsidiaries                        15                  15
Non-bank subsidiaries                    8                   7
Banking offices                          108                 98
                                                           
(1) Net revenue includes net interest income and non-interest income
(2) See "Supplemental Financial Measures/Ratios" for additional information
on this performance measure/ratio.
(3) The net overhead ratio is calculated by netting total non-interest
expense and total non-interest income, annualizing this amount, and dividing
by that period's total average assets. A lower ratio indicates a higher degree
of efficiency.
(4) The efficiency ratio is calculated by dividing total non-interest expense
by tax-equivalent net revenue (less securities gains or losses). A lower ratio
indicates more efficient revenue generation.
(5) Capital ratios for current quarter-end are estimated.
(6) The allowance for credit losses includes both the allowance for loan
losses and the allowance for unfunded lending-related commitments, but
excludes the allowance for covered loan losses.
(7) Total shareholders' equity minus preferred stock and total intangible
assets divided by total assets minus total intangible assets.
(8) Asset quality ratios exclude covered loans.


WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CONDITION


                                        (Unaudited)  December 31, (Unaudited)
(In thousands)                          March31,    2012         March 31,
                                        2013                      2012
Assets                                                          
Cash and due from banks                 $ 199,575    $ 284,731    $ 146,014
Federal funds sold and securities       13,626       30,297       14,588
purchased under resale agreements
Interest-bearing deposits with other    685,302      1,035,743    900,755
banks
Available-for-sale securities, at fair  1,870,831    1,796,076    1,869,344
value
Trading account securities              1,036        583          1,140
Federal Home Loan Bank and Federal      76,601       79,564       88,216
Reserve Bank stock, at cost
Brokerage customer receivables          25,614       24,864       31,085
Mortgage loans held-for-sale, at fair   370,570      385,033      339,600
value
Mortgage loans held-for-sale, at lower  10,352       27,167       10,728
of cost or market
Loans, net of unearned income,          11,900,312   11,828,943   10,717,384
excluding covered loans
Covered loans                           518,661      560,087      691,220
Total loans                             12,418,973   12,389,030   11,408,604
Less: Allowance for loan losses         110,348      107,351      111,023
Less: Allowance for covered loan losses 12,272       13,454       17,735
Net loans                               12,296,353   12,268,225   11,279,846
Premises and equipment, net             504,803      501,205      434,700
FDIC indemnification asset              170,696      208,160      263,212
Accrued interest receivable and other   485,746      511,617      463,394
assets
Trade date securities receivable        —            —            —
Goodwill                                343,632      345,401      307,295
Other intangible assets                 19,510       20,947       22,101
Total assets                            $ 17,074,247 $ 17,519,613 $ 16,172,018
Liabilities and Shareholders' Equity                            
Deposits:                                                       
Non-interest bearing                    $ 2,243,440  $ 2,396,264  $ 1,901,753
Interest bearing                        11,719,317   12,032,280   10,764,100
Total deposits                          13,962,757   14,428,544   12,665,853
Notes payable                           31,911       2,093        52,639
Federal Home Loan Bank advances         414,032      414,122      466,391
Other borrowings                        256,244      274,411      411,037
Secured borrowings - owed to            —            —            428,000
securitization investors
Subordinated notes                      15,000       15,000       35,000
Junior subordinated debentures          249,493      249,493      249,493
Trade date securities payable           1,250        —            —
Accrued interest payable and other      317,872      331,245      175,684
liabilities
Total liabilities                       15,248,559   15,714,908   14,484,097
Shareholders' Equity:                                           
Preferred stock                         176,441      176,406      176,302
Common stock                            37,272       37,108       36,522
Surplus                                 1,040,098    1,036,295    1,008,326
Treasury stock                          (8,187)      (7,838)      (6,559)
Retained earnings                       581,131      555,023      478,160
Accumulated other comprehensive (loss)  (1,067)      7,711        (4,830)
income
Total shareholders' equity              1,825,688    1,804,705    1,687,921
Total liabilities and shareholders'     $ 17,074,247 $ 17,519,613 $ 16,172,018
equity


WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)


                                                 Three Months Ended March 31,
                                                 2013           2012
(In thousands, except per share data)                           
Interest income                                                 
Interest and fees on loans                        $ 142,114      $ 143,555
Interest bearing deposits with banks              569            248
Federal funds sold and securities purchased under 15             12
resale agreements
Securities                                        8,752          11,847
Trading account securities                        5              9
Federal Home Loan Bank and Federal Reserve Bank   684            604
stock
Brokerage customer receivables                    174            211
Total interest income                             152,313        156,486
Interest expense                                                
Interest on deposits                              14,504         18,030
Interest on Federal Home Loan Bank advances       2,764          3,584
Interest on notes payable and other borrowings    1,154          3,102
Interest on secured borrowings - owed to          —              2,549
securitization investors
Interest on subordinated notes                    59             169
Interest on junior subordinated debentures        3,119          3,157
Total interest expense                            21,600         30,591
Net interest income                               130,713        125,895
Provision for credit losses                       15,687         17,400
Net interest income after provision for credit    115,026        108,495
losses
Non-interest income                                             
Wealth management                                 14,828         12,401
Mortgage banking                                  30,145         18,534
Service charges on deposit accounts               4,793          4,208
Gains on available-for-sale securities, net       251            816
Fees from covered call options                    1,639          3,123
Gain on bargain purchases, net                    —              840
Trading (losses) gains, net                       (435)          146
Other                                             6,158          6,955
Total non-interest income                         57,379         47,023
Non-interest expense                                            
Salaries and employee benefits                    77,513         69,030
Equipment                                         6,184          5,400
Occupancy, net                                    8,853          8,062
Data processing                                   4,599          3,618
Advertising and marketing                         2,040          2,006
Professional fees                                 3,221          3,604
Amortization of other intangible assets           1,120          1,049
FDIC insurance                                    3,444          3,357
OREO (income) expense, net                        (1,620)        7,178
Other                                             14,765         14,455
Total non-interest expense                        120,119        117,759
Income before taxes                               52,286         37,759
Income tax expense                                20,234         14,549
Net income                                        $ 32,052       $ 23,210
Preferred stock dividends and discount accretion  $ 2,616        $ 1,246
Net income applicable to common shares            $ 29,436       $ 21,964
Net income per common share - Basic               $ 0.80         $ 0.61
Net income per common share - Diluted             $ 0.65         $ 0.50
Cash dividends declared per common share          $ 0.09         $ 0.09
Weighted average common shares outstanding        36,976         36,207
Dilutive potential common shares                  12,463         7,530
Average common shares and dilutive common shares  49,439         43,737

SUPPLEMENTAL FINANCIAL MEASURES/RATIOS

The accounting and reporting policies of Wintrust conform to generally
accepted accounting principles ("GAAP") in the United States and prevailing
practices in the banking industry. However, certain non-GAAP performance
measures and ratios are used by management to evaluate and measure the
Company's performance. These include taxable-equivalent net interest income
(including its individual components), net interest margin (including its
individual components), the efficiency ratio, tangible common equity ratio,
tangible common book value per share, return on average tangible common equity
and pre-tax adjusted earnings. Management believes that these measures and
ratios provide users of the Company's financial information a more meaningful
view of the performance of the interest-earning assets and interest-bearing
liabilities and of the Company's operating efficiency. Other financial holding
companies may define or calculate these measures and ratios differently.

Management reviews yields on certain asset categories and the net interest
margin of the Company and its banking subsidiaries on a fully
taxable-equivalent ("FTE") basis. In this non-GAAP presentation, net interest
income is adjusted to reflect tax-exempt interest income on an equivalent
before-tax basis. This measure ensures comparability of net interest income
arising from both taxable and tax-exempt sources. Net interest income on a FTE
basis is also used in the calculation of the Company's efficiency ratio. The
efficiency ratio, which is calculated by dividing non-interest expense by
total taxable-equivalent net revenue (less securities gains or losses),
measures how much it costs to produce one dollar of revenue. Securities gains
or losses are excluded from this calculation to better match revenue from
daily operations to operational expenses. Management considers the tangible
common equity ratio and tangible book value per common share as useful
measurements of the Company's equity.The Company references the return on
average tangible common equity as a measurement of profitability.Pre-tax
adjusted earnings is a significant metric in assessing the Company's operating
performance. Pre-tax adjusted earnings is calculated by adjusting income
before taxes to exclude the provision for credit losses and certain
significant items.

The net overhead ratio and the efficiency ratio are primarily reviewed by the
Company based on pre-tax adjusted earnings. The Company believes that these
measures provide a more meaningful view of the Company's operating efficiency
and expense management. The net overhead ratio, based on pre-tax adjusted
earnings, is calculated by netting total adjusted non-interest expense and
total adjusted non-interest income, annualizing this amount, and dividing it
by total average assets. Adjusted non-interest expense is calculated by
subtracting OREO expenses, covered loan collection expense, defeasance cost,
seasonal payroll tax fluctuation and fees to terminate repurchase agreements.
Adjusted non-interest income is calculated by adding back the recourse
obligation on loans previously sold and subtracting gains or adding back
losses on FDIC indemnification asset accretion, foreign currency
remeasurement, investment partnerships, bargain purchase, trading and
available-for-sale securities activity.

The efficiency ratio, based on pre-tax adjusted earnings, is calculated by
dividing adjusted non-interest expense by adjusted taxable-equivalent net
revenue. Adjusted taxable-equivalent net revenue is comprised of fully taxable
equivalent net interest income and adjusted non-interest income.

The following table presents a reconciliation of certain non-GAAP performance
measures and ratios used by the Company to evaluate and measure the Company's
performance to the most directly comparable GAAP financial measures for the
last 5 quarters:

                                                              
                  Three Months Ended
                  March 31,   December    September   June 30,    March 31,
                               31,         30,
(Dollars and
shares in          2013        2012        2012        2012        2012
thousands)
Calculation of Net
Interest Margin                                                
and Efficiency
Ratio
(A) Interest       $152,313    $156,643    $158,201    $155,691    $156,486
Income (GAAP)
Taxable-equivalent                                             
adjustment:
- Loans            150         159         148         135         134
- Liquidity        343         349         352         333         329
Management Assets
- Other Earning    1           1           1           3           3
Assets
Interest Income -  $152,807    $157,152    $158,702    $156,162    $156,952
FTE
(B) Interest       21,600      23,867      25,626      27,421      30,591
Expense (GAAP)
Net interest       $131,207    $133,285    $133,076    $128,741    $126,361
income - FTE
(C) Net Interest
Income (GAAP) (A   $130,713    $132,776    $132,575    $128,270    $125,895
minus B)
(D) Net interest   3.40%       3.39%       3.49%       3.49%       3.54%
margin (GAAP)
Net interest       3.41%       3.40%       3.50%       3.51%       3.55%
margin - FTE
(E) Efficiency     63.95%      66.30%      63.83%      65.80%      68.42%
ratio (GAAP)
Efficiency ratio - 63.78%      66.13%      63.67%      65.63%      68.24%
FTE
Efficiency ratio -
Based on pre-tax   63.46%      62.62%      63.31%      61.35%      62.17%
adjusted earnings
(F) Net Overhead   1.47%       1.48%       1.47%       1.63%       1.80%
Ratio (GAAP)
Net Overhead ratio
- Based on pre-tax 1.47%       1.39%       1.50%       1.46%       1.57%
adjusted earnings
Calculation of
Tangible Common                                                
Equity ratio (at
period end)
Total
shareholders'      $1,825,688  $1,804,705  $1,761,300  $1,722,074  $1,687,921
equity
(G) Less:          (176,441)   (176,406)   (176,371)   (176,337)   (176,302)
Preferred stock
Less: Intangible   (363,142)   (366,348)   (354,039)   (352,109)   (329,396)
assets
(H) Total tangible
common             $1,286,105  $1,261,951  $1,230,890  $1,193,628  $1,182,223
shareholders'
equity
Total assets       $17,074,247 $17,519,613 $17,018,592 $16,576,282 $16,172,018
Less: Intangible   (363,142)   (366,348)   (354,039)   (352,109)   (329,396)
assets
(I) Total tangible $16,711,105 $17,153,265 $16,664,553 $16,224,173 $15,842,622
assets
Tangible common    7.7%        7.4%        7.4%        7.4%        7.5%
equity ratio (H/I)
Tangible common
equity ratio,
assuming full      8.8%        8.4%        8.4%        8.4%        8.6%
conversion of
preferred stock
((H-G)/I)
Calculation of
Pre-Tax Adjusted                                               
Earnings
Income before      $52,286     $48,871     $52,173     $41,329     $37,759
taxes
Add: Provision for 15,687      19,546      18,799      20,691      17,400
credit losses
Add: OREO (income) (1,620)     5,269       3,808       5,848       7,178
expense, net
Add: Recourse
obligation on      (755)       —           —           (36)        36
loans previously
sold
Add: Covered loan  699         836         1,201       1,323       1,399
collection expense
Add: Defeasance    —           —           —           148         848
cost
Add: Seasonal
payroll tax        1,610       (873)       (1,121)     (271)       2,265
fluctuation
Add: FDIC
Indemnification    1,208       407         513         87          379
Asset Amortization
Add: Loss (gain)
on foreign         22          (826)       825         —           —
currency
remeasurement
Add: Fees for
Termination of     —           2,110       —           —           —
Repurchase
Agreements
Less: Gain from
investment         (1,058)     (373)       (718)       (65)        (1,395)
partnerships
Less: Gain on
bargain purchases, —           (85)        (6,633)     55          (840)
net
Less: Trading
losses (gains),    435         120         998         928         (146)
net
Less: Gains on
available-for-sale (251)       (2,561)     (409)       (1,109)     (816)
securities, net
Pre-tax adjusted   $68,263     $72,441     $69,436     $68,928     $64,067
earnings
Calculation of
book value per                                                 
share
Total
shareholders'      $1,825,688  $1,804,705  $1,761,300  $1,722,074  $1,687,921
equity
Less: Preferred    (176,441)   (176,406)   (176,371)   (176,337)   (176,302)
stock
(J) Total common   $1,649,247  $1,628,299  $1,584,929  $1,545,737  $1,511,619
equity
Actual common      37,014      36,862      36,411      36,341      36,289
shares outstanding
Add: TEU           6,238       6,241       6,133       6,760       6,593
conversion shares
(K) Common shares
used for book      43,252      43,103      42,544      43,101      42,882
value calculation
Book value per     $38.13      $37.78      $37.25      $35.86      $35.25
share (J/K)
Tangible common
book value per     $29.74      $29.28      $28.93      $27.69      $27.57
share (H/K)
Calculation of
return on average                                              
common equity
(L) Net income
applicable to      29,436      27,473      29,686      22,951      21,964
common shares
Total average
shareholders'      1,818,127   1,786,824   1,736,740   1,695,440   1,564,662
equity
Less: Average      (176,422)   (176,383)   (176,349)   (176,314)   (67,852)
preferred stock
(M) Total average
common             1,641,705   1,610,441   1,560,391   1,519,126   1,496,810
shareholders'
equity
Less: Average      (365,505)   (356,320)   (352,779)   (335,327)   (327,195)
intangible assets
(N) Total average
tangible common    1,276,200   1,254,121   1,207,612   1,183,799   1,169,615
shareholders'
equity
Return on average
common equity,     7.27%       6.79%       7.57%       6.08%       5.90%
annualized (L/M)
Return on average
tangible common    9.35%       8.71%       9.78%       7.80%       7.55%
equity, annualized
(L/N)

                                                                    
LOANS                                                                
Loan Portfolio Mix and                                               
Growth Rates
                                                                    
                                                           % Growth
(Dollars in thousands)                                      From ^(1) From
                          March 31,   December 31, March 31,   December  March
Balance:                  2013        2012        2012       31, 2012 31,
                                                                         2012
Commercial                $2,872,695  $2,914,798   $2,544,456  (6)%      13%
Commercial real-estate    3,990,465   3,864,118    3,585,760   13        11
Home equity               759,218     788,474      840,364     (15)      (10)
Residential real-estate   360,652     367,213      361,327     (7)       —
Premium finance           1,997,160   1,987,856    1,512,630   2         32
receivables - commercial
Premium finance
receivables - life        1,753,512   1,725,166    1,693,763   7         4
insurance
Indirect consumer ^(2)    69,245      77,333       67,445      (42)      3
Consumer and other        97,365      103,985      111,639     (26)      (13)
Total loans, net of
unearned                  $11,900,312 $11,828,943  $10,717,384 2%        11%
income,excluding covered
loans
Covered loans             518,661     560,087      691,220     (30)      (25)
Total loans, net of       $12,418,973 $12,389,030  $11,408,604 1%        9%
unearned income
Mix:                                                                 
Commercial                23%         24%          22%                  
Commercial real-estate    32          31           32                   
Home equity               6           6            7                    
Residential real-estate   3           3            3                    
Premium finance           16          16           13                   
receivables - commercial
Premium finance
receivables - life        14          14           15                   
insurance
Indirect consumer ^(2)    1           1            1                    
Consumer and other        1           1            1                    
Total loans, net of
unearned                  96%         96%          94%                  
income,excluding covered
loans
Covered loans             4           4            6                    
Total loans, net of       100%        100%         100%                 
unearned income
                                                                    
(1) Annualized                                                      
(2) Includes autos, boats,
snowmobiles and other indirect                                        
consumer loans

                                                              
As of March 31,                                       >90Days  Allowance
2013
                               % of                  Past Due   For Loan
                              Total                 and Still  Losses
(Dollars in         Balance      Balance   Nonaccrual  Accruing   Allocation
thousands)
Commercial:                                                    
Commercial and      $1,569,576   22.9%     $17,717      $—         $18,279
industrial
Franchise           194,511      2.8       125          —          1,655
Mortgage warehouse  131,970      1.9       —            —          1,288
lines of credit
Community Advantage
- homeowner         82,763       1.2       —            —          207
associations
Aircraft            14,112       0.2       —            —          74
Asset-based lending 687,255      10.0      531          —          6,307
Municipal           89,508       1.3       —            —          880
Leases              98,030       1.4       —            —          261
Other               127          —         —            —          1
Purchased
non-covered         4,843        —         —            449        —
commercial loans
^(1)
Total commercial    $2,872,695   41.7%     $18,373      $449       $28,952
Commercial                                                     
Real-Estate:
Residential         $37,083      0.5%      $3,094       $—         $1,200
construction
Commercial          162,358      2.4       1,086        —          2,749
construction
Land                133,578      2.0       17,976       —          5,198
Office              584,684      8.5       3,564        —          5,634
Industrial          595,525      8.7       7,137        —          6,602
Retail              586,801      8.6       7,915        —          5,592
Multi-family        512,785      7.5       2,088        —          12,778
Mixed use and other 1,322,834    19.3      18,947       —          16,655
Purchased
non-covered         54,817       0.8       —            1,866      —
commercial
real-estate ^(1)
Total commercial    $3,990,465   58.3%     $61,807      $1,866     $56,408
real-estate
Total commercial
and commercial      $6,863,160   100.0%    $80,180      $2,315     $85,360
real-estate
                                                              
Commercial
real-estate -                                                  
collateral location
by state:
Illinois            $3,359,815   84.2%                           
Wisconsin           334,333      8.4                             
Total primary       $3,694,148   92.6%                           
markets
Florida             64,999       1.6                             
Arizona             39,442       1.0                             
Indiana             53,401       1.3                             
Other (no
individual state    138,475      3.5                             
greater than 0.5%)
Total               $3,990,465   100.0%                          
                                                              
(1) Purchased loans represent loans acquired with evidence of credit quality
deterioration since origination, in accordance with ASC 310-30. Loan agings
are based upon contractually required payments.

                                                                    
DEPOSITS                                                             
Deposit Portfolio Mix and Growth Rates
                                                                    
                                                          % Growth
                                                                   From
(Dollars in                         December 31,  March31,   From ^(1)  March
thousands)          March31, 2013  2012          2012        December   31,
                                                              31, 2012   2012
Balance:                                                             
Non-interest        $2,243,440      $2,396,264    $1,901,753  (26)%      18%
bearing
NOW                 2,043,227       2,022,957     1,756,313   4          16
Wealth Management   868,119         991,902       933,609     (51)       (7)
deposits ^(2)
Money Market        2,879,636       2,761,498     2,306,726   17         25
Savings             1,258,682       1,275,012     943,066     (5)        33
Time certificates   4,669,653       4,980,911     4,824,386   (25)       (3)
of deposit
Total deposits      $13,962,757     $14,428,544   $12,665,853 (13)%      10%
Mix:                                                                 
Non-interest        16%             17%           15%                   
bearing
NOW                 15              14            14                    
Wealth Management   6               7             7                     
deposits ^(2)
Money Market        21              19            18                    
Savings             9               9             8                     
Time certificates   33              34            38                    
of deposit
Total deposits      100%            100%          100%                  
                                                                    
(1) Annualized                                                      
(2) Represents deposit balances of the Company's subsidiary banks from
brokerage customers of Wayne Hummer Investments, trust and asset management
customers of The Chicago Trust Company and brokerage customers from
unaffiliated companies which have been placed into deposit accounts of the
Banks.


Time Certificates of Deposit
Maturity/Re-pricing Analysis
As of March31, 2013
                                                                                           Weighted-
                                                                                          Average
(Dollars   CDARs &                         VariableRate   Other Fixed     Total Time      Rate of
in         Brokered       MaxSafe         Certificates   Rate            Certificatesof Maturing
thousands) Certificates    Certificates    ofDeposit^(2) Certificates   Deposit         Time
           ofDeposit^(1) ofDeposit^(1)                 ofDeposit^(1)                 Certificates
                                                                                           of Deposit
                                                                                           ^(3)
1-3 months $146,322        $61,916         $161,566        $817,366        $1,187,170      0.58%
4-6 months 125,277         45,658          —               667,345         838,280         0.79%
7-9 months 4,465           51,234          —               533,132         588,831         0.72%
10-12      40,012          46,938          —               584,053         671,003         0.82%
months
13-18      18,370          35,645          —               491,918         545,933         1.02%
months
19-24      95,661          13,554          —               211,650         320,865         1.77%
months
24+ months —               23,790          —               493,781         517,571         1.66%
Total      $430,107        $278,735        $161,566        $3,799,245      $ 4,669,653     0.92%
                                                                                     
(1) This category of certificates of deposit is shown by contractual maturity date.
(2) This category includes variable rate certificates of deposit and savings certificates with the
majority repricing on at least a monthly basis.
(3) Weighted-average rate excludes the impact of purchase accounting fair value adjustments.

NET INTEREST INCOME

The following table presents a summary of Wintrust's average balances, net
interest income and related net interest margins, calculated on a fully
tax-equivalent basis, for the first quarter of 2013 compared to the first
quarter of 2012 (linked quarters):

                    Three months ended March 31, Three months ended March 31,
                     2013                         2012
(Dollars in          Average      Interest  Rate  Average      Interest  Rate
thousands)
Liquidity management $2,797,310   $10,363   1.50% $2,756,833   $13,040   1.90%
assets ^(1)(2) (7)
Other earning assets 24,205       180       3.02  30,499       224       2.96
^(2)(3) (7)
Loans, net of
unearned income      12,252,558   131,740   4.36  10,848,016   128,784   4.77
^(2)(4) (7)
Covered loans        536,284      10,524    7.96  667,242      14,904    8.98
Total earning assets $15,610,357  $152,807  3.97% $14,302,590  $156,952  4.41%
^(7)
Allowance for loan
and covered loan     (125,221)                  (131,769)             
losses
Cash and due from    217,345                    143,869               
banks
Other assets         1,554,362                  1,520,660             
Total assets         $17,256,843                $15,835,350           
                                                                   
Interest-bearing     $11,857,400  $14,504   0.50% $10,481,822  $18,030   0.69%
deposits
Federal Home Loan    414,092      2,764     2.71  470,345      3,584     3.06
Bank advances
Notes payable and    297,151      1,154     1.57  505,814      3,102     2.47
other borrowings
Secured borrowings -
owed to              —            —         —     514,923      2,549     1.99
securitization
investors
Subordinated notes   15,000       59        1.56  35,000       169       1.91
Junior subordinated  249,493      3,119     5.00  249,493      3,157     5.01
notes
Total
interest-bearing     $12,833,136  $21,600   0.68% $12,257,397  $30,591   1.00%
liabilities
Non-interest bearing 2,290,725                  1,832,627             
deposits
Other liabilities    314,855                    180,664               
Equity               1,818,127                  1,564,662             
Total liabilities
and shareholders'    $17,256,843                $15,835,350           
equity
Interest rate spread                      3.29%                      3.41%
^(5) (7)
Net free
funds/contribution   $2,777,221            0.12% $2,045,193            0.14%
^(6)
Net interest
income/Net interest              $131,207  3.41%             $126,361  3.55%
margin ^(7)
                                                                   
(1) Liquidity management assets include available-for-sale securities,
interest earning deposits with banks, federal funds sold and securities
purchased under resale agreements.
(2) Interest income on tax-advantaged loans, trading securities and
securities reflects a tax-equivalent adjustment based on a marginal federal
corporate tax rate of 35%. The total adjustments for the three months ended
March31, 2013 and 2012 were $494,000 and $466,000, respectively.
(3) Other earning assets include brokerage customer receivables and trading
account securities.
(4) Loans, net of unearned income, include loans held-for-sale and
non-accrual loans.
(5) Interest rate spread is the difference between the yield earned on
earning assets and the rate paid on interest-bearing liabilities.
(6) Net free funds are the difference between total average earning assets
and total average interest-bearing liabilities. The estimated contribution to
net interest margin from net free funds is calculated using the rate paid for
total interest-bearing liabilities.
(7) See "Supplemental Financial Measures/Ratios" for additional information
on this performance ratio.

The following table presents a summary of Wintrust's average balances, net
interest income and related net interest margins, calculated on a fully
tax-equivalent basis, for the first quarter of 2013 compared to the fourth
quarter of 2012 (sequential quarters):

                     Three months ended March 31, Three months ended December
                      2013                         31, 2012
(Dollars in           Average      Interest  Rate  Average      Interest Rate
thousands)
Liquidity management  $2,797,310   $10,363   1.50% $2,949,034   $9,844   1.33%
assets ^(1)(2) (7)
Other earning assets  24,205       180       3.02  27,482       203      2.95
^(2)(3) (7)
Loans, net of
unearned income       12,252,558   131,740   4.36  12,001,433   134,347  4.45
^(2)(4) (7)
Covered loans         536,284      10,524    7.96  626,449      12,758   8.10
Total earning assets  $15,610,357  $152,807  3.97% $15,604,398  $157,152 4.01%
^(7)
Allowance for loan
and covered loan      (125,221)                  (135,156)            
losses
Cash and due from     217,345                    206,914              
banks
Other assets          1,554,362                  1,572,494            
Total assets          $17,256,843                $17,248,650          
                                                                   
Interest-bearing      $11,857,400  $14,504   0.50% $11,709,058  $16,209  0.55%
deposits
Federal Home Loan     414,092      2,764     2.71  414,289      2,835    2.72
Bank advances
Notes payable and     297,151      1,154     1.57  397,807      1,565    1.57
other borrowings
Secured borrowings -
owed to               —            —         —     —            —        —
securitization
investors
Subordinated notes    15,000       59        1.56  15,000       66       1.72
Junior subordinated   249,493      3,119     5.00  249,493      3,192    5.01
notes
Total
interest-bearing      $12,833,136  $21,600   0.68% $12,785,647  $23,867  0.74%
liabilities
Non-interest bearing  2,290,725                  2,314,935            
deposits
Other liabilities     314,855                    361,244              
Equity                1,818,127                  1,786,824            
Total liabilities and $17,256,843                $17,248,650          
shareholders' equity
Interest rate spread                       3.29%                     3.27%
^(5) (7)
Net free
funds/contribution    $2,777,221            0.12% $2,818,751           0.13%
^(6)
Net interest
income/Net interest               $131,207  3.41%             $133,285 3.40%
margin ^(7)
                                                                   
(1) Liquidity management assets include available-for-sale securities,
interest earning deposits with banks, federal funds sold and securities
purchased under resale agreements.
(2) Interest income on tax-advantaged loans, trading securities and
securities reflects a tax-equivalent adjustment based on a marginal federal
corporate tax rate of 35%. The total adjustments for the three months ended
March31, 2013 was $494,000 and for the three months ended December31, 2012
was $509,000.
(3) Other earning assets include brokerage customer receivables and trading
account securities.
(4) Loans, net of unearned income, include loans held-for-sale and
non-accrual loans.
(5) Interest rate spread is the difference between the yield earned on
earning assets and the rate paid on interest-bearing liabilities.
(6) Net free funds are the difference between total average earning assets
and total average interest-bearing liabilities. The estimated contribution to
net interest margin from net free funds is calculated using the rate paid for
total interest-bearing liabilities.
(7) See "Supplemental Financial Measures/Ratios" for additional information
on this performance ratio.

NON-INTEREST INCOME

For the first quarter of 2013, non-interest income totaled $57.4 million, an
increase of $10.4 million, or 22%, compared to the first quarter of 2012.The
increase was primarily attributable to higher mortgage banking and wealth
management revenues, partially offset by a decrease in fees from covered call
options.

The following table presents non-interest income by category for the periods
presented:

                                  Three months ended March 31, $       %
(Dollars in thousands)             2013           2012          Change  Change
Brokerage                          $7,267         $6,322        $945    15
Trust and asset management         7,561          6,079         1,482   24
Total wealth management            14,828         12,401        2,427   20
Mortgage banking                   30,145         18,534        11,611  63
Service charges on deposit         4,793          4,208         585     14
accounts
Gains on available-for-sale        251            816           (565)   (69)
securities, net
Fees from covered call options     1,639          3,123         (1,484) (48)
Gain on bargain purchases, net     —              840           (840)   (100)
Trading (losses) gains, net        (435)          146           (581)   NM
Other:                                                               
Interest rate swap fees            2,270          2,511         (241)   (10)
Bank Owned Life Insurance          846            919           (73)    (8)
Administrative services            738            766           (28)    (4)
Miscellaneous                      2,304          2,759         (455)   (16)
Total Other                        6,158          6,955         (797)   (11)
Total Non-Interest Income          $57,379        $47,023       $10,356 22
NM - Not Meaningful                                                  

The significant changes in non-interest income for the quarter ended March31,
2013 compared to the quarter ended March31, 2012 are discussed below.

Wealth management revenue totaled $14.8 million in the first quarter of 2013
compared to $12.4 million in the first quarter of 2012, an increase of
20%.The increase is mostly attributable to additional revenues resulting from
the acquisition of a community bank trust operation on March 30, 2012 as well
as continued growth within the existing business.Wealth management revenue is
comprised of the trust and asset management revenue of The Chicago Trust
Company and Great Lakes Advisors and the brokerage commissions, money managed
fees and insurance product commissions at Wayne Hummer Investments.

For the quarter ended March31, 2013, mortgage banking revenue totaled $30.1
million, an increase of $11.6 million when compared to the first quarter of
2012.The increase in mortgage banking revenue in the first quarter of 2013 as
compared to the first quarter of 2012 resulted primarily from higher
origination volumes due to the continuation of the late 2012 refinance market
into 2013 as well as the general improvement in the overall economy (increased
housing starts, home sales and median price of homes).Mortgage loan
originations were $974.4 million in the first quarter of 2013 as compared to
$714.7 million in the prior year quarter.In addition to higher origination
volume, improved pricing, secondary market gains and a positive adjustment to
the recourse reserve contributed to the current period increase in mortgage
banking revenue.Mortgage banking revenue includes revenue from activities
related to originating, selling and servicing residential real estate loans
for the secondary market.

A summary of mortgage banking components is shown below:

                              Three Months Ended
(Dollars in thousands)         March31, 2013 December31, 2012 March 31, 2012
Mortgage loans originated and  $974,432       $1,178,010        $714,655
sold
Mortgage loans serviced for    1,016,191      1,005,372         963,514
others
Fair value of mortgage         7,344          6,750             7,201
servicing rights (MSRs)
MSRs as a percentage of loans  0.72%          0.67%             0.75%
serviced

Fees from covered call option transactions decreased by $1.5 million in the
first quarter of 2013 as compared to the same period in the prior year.Fees
from covered call options decreased primarily as a result of fewer option
transactions entered in the first quarter of 2013 compared to the first
quarter of 2012 resulting in lower premiums received by the Company. The
Company has typically written call options with terms of less than three
months against certain U.S. Treasury and agency securities held in its
portfolio for liquidity and other purposes.Historically, the Company has
effectively entered into these transactions with the goal of enhancing its
overall return on its investment portfolio by using fees generated from these
options to compensate for net interest margin compression.These option
transactions are designed to increase the total return associated with holding
certain investment securities that do not qualify as hedges pursuant to
accounting guidance. An illustration of the past effectiveness of this
strategy is shown in the Supplemental Financial Information section (see page
titled "Net Interest Margin (Including Call Option Income)").

Other non-interest income for the first quarter of 2013 totaled $6.2 million,
a decrease of $797,000 compared to the first quarter of 2012.Miscellaneous
income decreased in the first quarter of 2013 compared to the prior year
quarter primarily as a result of increased FDIC indemnification asset
amortization, primarily related to additional clawback expense related to a
covered OREO sale during the quarter.

NON-INTEREST EXPENSE

Non-interest expense for the first quarter of 2013 totaled $120.1 million and
increased approximately $2.4 million, or 2%, compared to the first quarter of
2012.The increase was primarily attributable to higher salaries and employee
benefit costs and increased equipment, occupancy and data processing expenses,
partially offset by a decrease in OREO expenses.

The following table presents non-interest expense by category for the periods
presented:

                                  Three months ended March 31, $       %
(Dollars in thousands)             2013           2012          Change  Change
Salaries and employee benefits:                                      
Salaries                           $41,831        $37,933       3,898   10
Commissions and bonus              21,276         16,802        4,474   27
Benefits                           14,406         14,295        111     1
Total salaries and employee        77,513         69,030        8,483   12
benefits
Equipment                          6,184          5,400         784     15
Occupancy, net                     8,853          8,062         791     10
Data processing                    4,599          3,618         981     27
Advertising and marketing          2,040          2,006         34      2
Professional fees                  3,221          3,604         (383)   (11)
Amortization of other intangible   1,120          1,049         71      7
assets
FDIC insurance                     3,444          3,357         87      3
OREO (income) expense, net         (1,620)        7,178         (8,798) NM
Other:                                                               
Commissions - 3rd party brokers    1,233          1,021         212     21
Postage                            1,249          1,423         (174)   (12)
Stationery and supplies            934            919           15      2
Miscellaneous                      11,349         11,092        257     2
Total other                        14,765         14,455        310     2
Total Non-Interest Expense         $120,119       $117,759      $2,360  2
NM - Not Meaningful                                                  

The significant changes in non-interest expense for the quarter ended
March31, 2013 compared to the quarter ended March31, 2012 are discussed
below.

Salaries and employee benefits expense increased $8.5 million, or 12%, in the
first quarter of 2013 compared to the first quarter of 2012 primarily as a
result of a $4.5 million increase in bonus and commissions primarily
attributable to the increase in variable pay based revenue, a $3.9 million
increase in salaries caused by the addition of employees from the various
acquisitions and larger staffing as the Company grows and the Company's
long-term incentive program and a $111,000 increase in employee benefits.

Equipment expense totaled $6.2 million for the first quarter of 2013, an
increase of $784,000 compared to the first quarter of 2012.The increase is
primarily related to additional equipment depreciation as a result of
acquisitions as well as increased software license fees.Equipment expense
includes depreciation on equipment, maintenance and repairs, equipment rental
and software license fees.

Occupancy expense for the first quarter of 2013 was $8.9 million, an increase
of $791,000, or 10%, compared to the same period in 2012.The increase is
primarily the result of depreciation and maintenance and repairs on owned
locations which were obtained in the Company's acquisitions.Occupancy expense
includes depreciation on premises, real estate taxes, utilities and
maintenance of premises, as well as net rent expense for leased premises.

Data processing expenses increased $981,000 in the first quarter of 2013
totaling $4.6 million compared to $3.6 million recorded in the first quarter
of 2012.The amount of data processing expenses incurred fluctuates based on
the overall growth of loan and deposit accounts as well as additional expenses
recorded related to bank acquisition transactions.Data processing expenses
increased in the current quarter compared to the previous year quarter
primarily due to growth in the Company.

OREO income totaled $1.6 million in the first quarter of 2013 compared to OREO
expense of $7.2 million recorded in the first quarter of 2012.The OREO income
recorded in the current quarter is primarily related to a $3.4 million gain
recognized on a covered OREO property sale as well as fewer negative valuation
adjustments on properties held in OREO.OREO costs include all costs related
to obtaining, maintaining and selling other real estate owned properties.

Miscellaneous expenses in the first quarter of 2013 increased $257,000, or 2%,
compared to the same period in the prior year.Miscellaneous expense includes
ATM expenses, correspondent bank charges, directors' fees, telephone, travel
and entertainment, corporate insurance, dues and subscriptions, problem loan
expenses and lending origination costs that are not deferred.

As previously discussed in this release, the accounting and reporting policies
of Wintrust conform to GAAP in the United States and prevailing practices in
the banking industry.However, certain non-GAAP performance measures and
ratios are used by management to evaluate and measure the Company's
performance.One significant metric that is used by the Company in assessing
operating performance is pre-tax adjusted earnings.Pre-tax adjusted earnings
is calculated by adjusting income before taxes to exclude the provision for
credit losses and certain significant items.Two ratios the Company uses to
measure expense management are the efficiency ratio and the net overhead
ratio.The efficiency ratio, which is calculated by dividing non-interest
expense by total taxable-equivalent net revenue (less securities gains and
losses), measures how much it costs to produce one dollar of revenue.The net
overhead ratio is calculated by netting total non-interest expense and total
non-interest income and dividing by total average assets.In both cases, a
lower ratio indicates a higher degree of efficiency.See "Supplemental
Financial Measures/Ratios" section earlier in this document for further detail
on these non-GAAP measures/ratios.

The efficiency ratio and net overhead ratio are primarily reviewed by the
Company based on pre-tax adjusted earnings.The Company believes that these
measures provide a more meaningful view of the Company's operating efficiency
and expense management. The efficiency ratio, based on pre-tax adjusted
earnings, was 63.46% for the first quarter of 2013, compared to 62.17% in the
first quarter of 2012.The net overhead ratio, based on pre-tax adjusted
earnings, was 1.47% for the first quarter of 2013, compared to 1.57% in the
first quarter of 2012.

ASSET QUALITY                                                    
Allowance for Credit Losses, excluding covered loans             
                                                                
                                                     Three months ended
                                                     March 31,
(Dollars in thousands)                                2013        2012
Allowance for loan losses at beginning of period      $107,351    $110,381
Provision for credit losses                           15,367      15,154
Other adjustments                                     (229)       (238)
Reclassification (to)/from allowance for unfunded     (213)       152
lending-related commitments
Charge-offs:                                                     
Commercial                                            4,540       3,262
Commercial real estate                                3,299       8,229
Home equity                                           2,397       2,590
Residential real estate                               1,728       175
Premium finance receivables - commercial              1,068       837
Premium finance receivables - life insurance          —           13
Indirect consumer                                     32          51
Consumer and other                                    97          310
Total charge-offs                                     13,161      15,467
Recoveries:                                                      
Commercial                                            295         257
Commercial real estate                                368         131
Home equity                                           162         162
Residential real estate                               5           2
Premium finance receivables - commercial              285         277
Premium finance receivables - life insurance          9           21
Indirect consumer                                     15          30
Consumer and other                                    94          161
Total recoveries                                      1,233       1,041
Net charge-offs                                       (11,928)    (14,426)
Allowance for loan losses at period end               $110,348    $111,023
Allowance for unfunded lending-relatedcommitments at 15,287      13,078
period end
Allowance for credit losses at period end             $125,635    $124,101
Annualized net charge-offs by category as a                      
percentage of its own respective category'saverage:
Commercial                                            0.61%       0.49%
Commercial real estate                                0.30        0.92
Home equity                                           1.17        1.15
Residential real estate                               0.93        0.11
Premium finance receivables - commercial              0.16        0.15
Premium finance receivables - life insurance          —           —
Indirect consumer                                     0.09        0.13
Consumer and other                                    0.01        0.49
Total loans, net of unearned income, excluding        0.39%       0.53%
covered loans
Net charge-offs as a percentage of theprovision for  77.62%      95.20%
credit losses
Loans at period-end                                   $11,900,312 $ 10,717,384
Allowance for loan losses as a percentage of loans at 0.93%       1.04%
period end
Allowance for credit losses as a percentage of loans  1.06%       1.16%
at period end

The allowance for credit losses, excluding the allowance for covered loan
losses, is comprised of the allowance for loan losses and the allowance for
unfunded lending-related commitments. The allowance for loan losses is a
reserve against loan amounts that are actually funded and outstanding while
the allowance for unfunded lending-related commitments (separate liability
account) relates to certain amounts that Wintrust is committed to lend but for
which funds have not yet been disbursed. The provision for credit losses,
excluding the provision for covered loan losses, may contain both a component
related to funded loans (provision for loan losses) and a component related to
lending-related commitments (provision for unfunded loan commitments and
letters of credit).

The provision for credit losses, excluding the provision for covered loan
losses, totaled $15.4 million for the first quarter of 2013, $20.7 million for
the fourth quarter of 2012 and $15.2 million for the first quarter of 2012.
For the quarter ended March31, 2013, net charge-offs, excluding covered
loans, totaled $11.9 million compared to $25.1 million in the fourth quarter
of 2012 and $14.4 million recorded in the first quarter of 2012. Annualized
net charge-offs as a percentage of average loans, excluding covered loans,
were 0.39% in the first quarter of 2013, 0.83% in the fourth quarter of 2012
and 0.53% in the first quarter of 2012. The lower level of the allowance for
credit losses in 2013, reflect the improvements in credit quality metrics
compared to 2012.

Management believes the allowance for credit losses is appropriate to provide
for inherent losses in the portfolio. There can be no assurances however, that
future losses will not exceed the amounts provided for, thereby affecting
future results of operations. The amount of future additions to the allowance
for credit losses will be dependent upon management's assessment of the
appropriateness of the allowance based on its evaluation of economic
conditions, changes in real estate values, interest rates, the regulatory
environment, the level of past-due and non-performing loans, and other
factors.

The Company also provides a provision for covered loan losses on covered loans
and maintains an allowance for covered loan losses on covered loans. Please
see "Covered Assets" later in this document for more detail.

The tables below summarizes the calculation of allowance for loan losses for
the Company's core loan portfolio and niche and purchased loan portfolio as of
March31, 2013 and December31, 2012.

                            As of March 31, 2013
                             Recorded       Calculated   Asapercentage
(Dollars in thousands)       Investment     Allowance    ofitsownrespective
                                                         category's balance
Commercial:                                            
Commercial and industrial    $1,555,054     $18,229      1.17%
^(1)
Asset-based lending ^(1)     684,327        6,307        0.92
Municipal                    89,508         880          0.98
Leases ^(1)                  97,337         261          0.27
Other ^(1)                   127            1            0.79
Commercial real-estate:                                
Residential construction     36,669         1,200        3.27
Commercial construction ^(1) 161,828        2,749        1.70
Land                         132,166        5,198        3.93
Office ^(1)                  564,713        5,634        1.00
Industrial ^(1)              589,467        6,602        1.12
Retail ^(1)                  572,559        5,592        0.98
Multi-family ^(1)            475,743        12,778       2.69
Mixed use and other ^(1)     1,261,710      16,239       1.29
Home equity ^(1)             745,970        12,102       1.62
Residential real-estate ^(1) 354,699        5,133        1.45
Total core loan portfolio    $7,321,877     $98,905      1.35%
Commercial:                                            
Franchise                    $194,511       $1,655       0.85%
Mortgage warehouse lines of  131,970        1,288        0.98
credit
Community Advantage -        82,763         207          0.25
homeowner associations
Aircraft                     14,112         74           0.52
Purchased non-covered        22,986         50           0.22
commercial loans ^(2)
Commercial real-estate:                                
Purchased non-covered        195,610        416          0.21
commercial real-estate ^(2)
Purchased non-covered home   13,248         20           0.15
equity ^(2)
Purchased non-covered        5,953          7            0.12
residential real-estate ^(2)
Premium finance receivables                            
U.S. commercial insurance    1,755,064      5,402        0.31
loans
Canada commercial insurance  242,096        167          0.07
loans ^(2)
Life insurance loans ^(1)    1,253,781      502          0.04
Purchased life insurance     499,731        —            —
loans ^(2)
Indirect consumer            69,245         277          0.40
Consumer and other ^(1)      91,322         1,369        1.50
Purchased non-covered        6,043          9            0.15
consumer and other ^(2)
Total niche and purchased    $4,578,435     $11,443      0.25%
loan portfolio
Total loans, net of unearned
income, excluding covered    $11,900,312    $110,348     0.93%
loans
                                                      
(1) Excludes purchased loans reported in accordance with ASC 310-20 and ASC
310-30.
(2) Purchased loans represent loans reported in accordance with ASC 310-20
and ASC 310-30.


                              As of December 31, 2012
                                Recorded     Calculated  Asapercentage
(Dollars in thousands)         Investment   Allowance   ofitsownrespective
                                                         category's balance
Commercial:                                           
Commercial and industrial      $1,616,045   $17,040     1.05%
^(1)
Asset-based lending ^(1)       571,009      5,066       0.89
Municipal                      91,824       1,041       1.13
Leases                         89,674       248         0.28
Other                          16,246       137         0.84
Commercial real-estate:                               
Residential construction       40,401       1,301       3.22
Commercial construction        169,922      3,194       1.88
^(1)
Land                           134,197      4,829       3.60
Office ^(1)                    557,520      5,446       0.98
Industrial ^(1)                571,455      5,516       0.97
Retail ^(1)                    562,480      5,292       0.94
Multi-family ^(1)              392,289      10,644      2.71
Mixed use and other ^(1)       1,232,592    15,913      1.29
Home equity ^(1)               773,525      12,734      1.65
Residential real-estate        361,089      5,560       1.54
^(1)
Total core loan portfolio      $7,180,268   $93,961     1.31%
Commercial:                                           
Franchise                      $196,395     $2,880      1.47%
Mortgage warehouse lines       215,076      2,134       0.99
of credit
Community Advantage - homeowner 81,496       204         0.25
associations
Aircraft                       17,364       44          0.25
Purchased non-covered           19,669       —           —
commercial loans ^(2)
Commercial real-estate:                               
Purchased non-covered           203,262      —           —
commercial real-estate ^(2)
Purchased non-covered home      14,949       —           —
equity ^(2)
Purchased non-covered           6,124        —           —
residential real-estate ^(2)
Premium finance                                       
receivables
U.S. commercial insurance      1,737,613    5,402       0.31
loans
Canada commercial insurance     250,243      128         0.05
loans ^(2)
Life insurance loans ^(1)      1,188,134    566         0.05
Purchased life insurance       537,032      —           —
loans ^(2)
Indirect consumer              77,333       267         0.35
Consumer and other ^(1)        97,731       1,639       1.68
Purchased non-covered consumer  6,254        126         2.01
and other ^(2)
Total niche and purchased loan  $4,648,675   $13,390     0.29%
portfolio
Total loans, net of unearned    $11,828,943  $107,351    0.91%
income, excluding covered loans
                                                     
(1) Excludes purchased loans reported in accordance with ASC 310-20 and ASC
310-30.
(2) Purchased loans represent loans reported in accordance with ASC 310-20
and ASC 310-30.

As part of a quarterly review performed by Management to determine if the
Company's allowance for loan losses is appropriate, an analysis is prepared on
the loan portfolio based upon a breakout of core loans and niche loans. A
summary of the allowance for loan losses calculated for the loan components in
both the core loan portfolio and the niche loan portfolio was shown on the
previous pages as of March31, 2013 and December31, 2012. The allowance for
loan losses to core loans was 1.35% compared to 0.25% for niche loans and
0.93% for the entire loan portfolio as of March31, 2013.As of December31,
2012, the allowance for loan losses to core loans was 1.31% compared to 0.29%
for niche loans and 0.91% for the entire loan portfolio.

The increase in the total allowance for loan losses to total loans, and the
increase in the allowance for loan losses to core loans in the first quarter
of 2013 compared to the fourth quarter of 2012 was attributable to a $2.3
million increase in ASC 310 reserves (specific reserves on impaired loans) on
the core portfolio.

ASC 450 reserve (general reserves) as a percentage of core loans was 1.19% at
March31, 2013 and 1.17% at December31, 2012.This increase was attributable
to a slight increase in the ASC 450 reserve factors, which are driven by
historical charge-offs.

The table below shows the aging of the Company's loan portfolio, excluding
covered loans, at March31, 2013:

As of March 31, 2013                                               
                                  90+ days 60-89   30-59
(Dollars in thousands) Nonaccrual and      days    days     Current     Total Loans
                                  still    past    past due
                                  accruing due
Loan Balances:                                                     
Commercial                                                         
Commercial and         $17,717    $—       $1,150  $16,710  $1,533,999  $1,569,576
industrial
Franchise              125        —        —       76       194,310     194,511
Mortgage warehouse     —          —        —       —        131,970     131,970
lines of credit
Community Advantage -  —          —        —       —        82,763      82,763
homeowners association
Aircraft               —          —        —       —        14,112      14,112
Asset-based lending    531        —        483     5,518    680,723     687,255
Municipal              —          —        —       —        89,508      89,508
Leases                 —          —        —       844      97,186      98,030
Other                  —          —        —       —        127         127
Purchased
non-coveredcommercial —          449      —       —        4,394       4,843
^(1)
Total commercial       18,373     449      1,633   23,148   2,829,092   2,872,695
Commercial real-estate                                             
Residential            3,094      —        945     —        33,044      37,083
construction
Commercial             1,086      —        9,521   —        151,751     162,358
construction
Land                   17,976     —        —       11,563   104,039     133,578
Office                 3,564      —        8,990   4,797    567,333     584,684
Industrial             7,137      —        —       986      587,402     595,525
Retail                 7,915      —        6,970   5,953    565,963     586,801
Multi-family           2,088      —        1,036   4,315    505,346     512,785
Mixed use and other    18,947     —        1,573   13,560   1,288,754   1,322,834
Purchased non-covered
commercial real-estate —          1,866    251     3,333    49,367      54,817
^(1)
Total commercial       61,807     1,866    29,286  44,507   3,852,999   3,990,465
real-estate
Home equity            14,891     —        1,370   4,324    738,633     759,218
Residential real       9,606      —        782     8,680    340,751     359,819
estate
Purchased non-covered
residential real       —          —        198     —        635         833
estate ^(1)
Premium finance                                                    
receivables
Commercial insurance   12,068     7,677    4,647   19,323   1,953,445   1,997,160
loans
Life insurance loans   20         2,256    —       1,340    1,250,165   1,253,781
Purchased life         —          —        —       —        499,731     499,731
insurance loans ^(1)
Indirect consumer      95         145      127     221      68,657      69,245
Consumer and other     1,695      —        160     493      92,379      94,727
Purchased non-covered
consumer and other     —          —        —       20       2,618       2,638
^(1)
Total loans, net of
unearned income,       $118,555   $12,393  $38,203 $102,056 $11,629,105 $11,900,312
excluding covered
loans
Covered loans          1,820      115,482  1,454   12,268   387,637     518,661
Total loans, net of    $120,375   $127,875 $39,657 $114,324 $12,016,742 $12,418,973
unearned income
                                                                  
(1) Purchased loans represent loans acquired with evidence of credit quality
deterioration since origination, in accordance with ASC 310-30. Loan agings are
based upon contractually required payments.


                                90+days  60-89  30-59
Aging as a % of Loan Nonaccrual and still days  dayspast Current TotalLoans
Balance:                        accruing  past   due
                                          due
Commercial                                                    
Commercial and       1.1%       —%        0.1%   1.1%      97.7%   100.0%
industrial
Franchise            0.1        —         —      —         99.9    100.0
Mortgage warehouse   —          —         —      —         100.0   100.0
lines of credit
Community Advantage
- homeowners         —          —         —      —         100.0   100.0
association
Aircraft             —          —         —      —         100.0   100.0
Asset-based lending  0.1        —         0.1    0.8       99.0    100.0
Municipal            —          —         —      —         100.0   100.0
Leases               —          —         —      0.9       99.1    100.0
Other                —          —         —      —         100.0   100.0
Purchased
non-covered          —          9.3       —      —         90.7    100.0
commercial^(1)
Total commercial     0.6        —         0.1    0.8       98.5    100.0
Commercial                                                    
real-estate
Residential          8.3        —         2.6    —         89.1    100.0
construction
Commercial           0.7        —         5.9    —         93.4    100.0
construction
Land                 13.5       —         —      8.7       77.8    100.0
Office               0.6        —         1.5    0.8       97.1    100.0
Industrial           1.2        —         —      0.2       98.6    100.0
Retail               1.4        —         1.2    1.0       96.4    100.0
Multi-family         0.4        —         0.2    0.8       98.6    100.0
Mixed use and other  1.4        —         0.1    1.0       97.5    100.0
Purchased
non-covered          —          3.4       0.5    6.1       90.0    100.0
commercial
real-estate^(1)
Total commercial     1.6        0.1       0.7    1.1       96.5    100.0
real-estate
Home equity          2.0        —         0.2    0.6       97.2    100.0
Residential real     2.7        —         0.2    2.4       94.7    100.0
estate
Purchased
non-covered          —          —         23.8   —         76.2    100.0
residential real
estate^(1)
Premium finance                                               
receivables
Commercial insurance 0.6        0.4       0.2    1.0       97.8    100.0
loans
Life insurance loans —          0.2       —      0.1       99.7    100.0
Purchased life       —          —         —      —         100.0   100.0
insurance loans ^(1)
Indirect consumer    0.1        0.2       0.2    0.3       99.2    100.0
Consumer and other   1.8        —         0.2    0.5       97.5    100.0
Purchased
non-covered consumer —          —         —      0.8       99.2    100.0
and other^(1)
Total loans, net of
unearned income,     1.0%       0.1%      0.3%   0.9%      97.7%   100.0%
excluding covered
loans
Covered loans        0.4        22.3      0.3    2.4       74.6    100.0
Total loans, net of  1.0%       1.0%      0.3%   0.9%      96.8%   100.0%
unearned income

As of March31, 2013, $38.2 million of all loans, excluding covered loans, or
0.3%, were 60 to 89 days past due and $102.1 million, or 0.9%, were 30 to 59
days (or one payment) past due. As of December31, 2012, $42.9 million of all
loans, excluding covered loans, or 0.4%, were 60 to 89 days past due and $97.5
million, or 0.8%, were 30 to 59 days (or one payment) past due. The majority
of the commercial and commercial real estate loans shown as 60 to 89 days and
30 to 59 days past due are included on the Company's internal problem loan
reporting system. Loans on this system are closely monitored by management on
a monthly basis.

The Company's home equity and residential loan portfolios continue to exhibit
low delinquency ratios. Home equity loans at March31, 2013 that are current
with regard to the contractual terms of the loan agreement represent 97.2% of
the total home equity portfolio. Residential real estate loans at March31,
2013 that are current with regards to the contractual terms of the loan
agreements comprise 94.7% of total residential real estate loans outstanding,
which includes purchased non-covered residential real-estate.

The table below shows the aging of the Company's loan portfolio, excluding
covered loans, at December31, 2012.

As of December                                                
31, 2012
                             90+ days 60-89   30-59
(Dollars in       Nonaccrual and      days    days     Current     Total Loans
thousands)                   still    past    past due
                             accruing due
Loan Balances:                                                
Commercial                                                    
Commercial and    $19,409    $—       $5,520  $15,410  $1,587,864  $1,628,203
industrial
Franchise         1,792      —        —       —        194,603     196,395
Mortgage
warehouse lines   —          —        —       —        215,076     215,076
of credit
Community
Advantage -       —          —        —       —        81,496      81,496
homeowners
association
Aircraft          —          —        148     —        17,216      17,364
Asset-based       536        —        1,126   6,622    564,154     572,438
lending
Municipal         —          —        —       —        91,824      91,824
Leases            —          —        —       896      89,547      90,443
Other             —          —        —       —        16,549      16,549
Purchased
non-covered       —          496      432     7        4,075       5,010
commercial^(1)
Total commercial  21,737     496      7,226   22,935   2,862,404   2,914,798
Commercial                                                    
real-estate
Residential       3,110      —        4       41       37,246      40,401
construction
Commercial        2,159      —        885     386      167,525     170,955
construction
Land              11,299     —        632     9,014    113,252     134,197
Office            4,196      —        1,889   3,280    560,346     569,711
Industrial        2,089      —        6,042   4,512    565,294     577,937
Retail            7,792      —        1,372   998      558,734     568,896
Multi-family      2,586      —        3,949   1,040    389,116     396,691
Mixed use and     16,742     —        6,660   13,349   1,312,503   1,349,254
other
Purchased
non-covered       —          749      2,663   2,508    50,156      56,076
commercial
real-estate^(1)
Total commercial  49,973     749      24,096  35,128   3,754,172   3,864,118
real-estate
Home equity       13,423     100      1,592   5,043    768,316     788,474
Residential real  11,728     —        2,763   8,250    343,616     366,357
estate
Purchased
non-covered       —          —        200     —        656         856
residential real
estate ^(1)
Premium finance                                               
receivables
Commercial        9,302      10,008   6,729   19,597   1,942,220   1,987,856
insurance loans
Life insurance    25         —        —       5,531    1,205,151   1,210,707
loans
Purchased life
insuranceloans   —          —        —       —        514,459     514,459
^(1)
Indirect consumer 55         189      51      442      76,596      77,333
Consumer and      1,511      32       167     433      99,010      101,153
other
Purchased
non-covered       —          66       32      101      2,633       2,832
consumer and
other ^(1)
Total loans, net
of unearned       $107,754   $11,640  $42,856 $97,460  $11,569,233 $11,828,943
income, excluding
covered loans
Covered loans     1,988      122,350  16,108  7,999    411,642     560,087
Total loans, net
of unearned       $109,742   $133,990 $58,964 $105,459 $11,980,875 $12,389,030
income
                                                             
(1) Purchased loans represent loans acquired with evidence of credit quality
deterioration since origination, in accordance with ASC 310-30. Loan agings
are based upon contractually required payments.


Aging as a % of              90+days  60-89     30-59
Loan Balance:     Nonaccrual and still dayspast dayspast Current TotalLoans
                             accruing  due       due
Commercial                                                    
Commercial and    1.2%       —%        0.3%      1.0%      97.5%   100.0%
industrial
Franchise         0.9        —         —         —         99.1    100.0
Mortgage
warehouse lines   —          —         —         —         100.0   100.0
of credit
Community
Advantage -       —          —         —         —         100.0   100.0
homeowners
association
Aircraft          —          —         0.9       —         99.1    100.0
Asset-based       0.1        —         0.2       1.2       98.5    100.0
lending
Municipal         —          —         —         —         100.0   100.0
Leases            —          —         —         1.0       99.0    100.0
Other             —          —         —         —         100.0   100.0
Purchased
non-covered       —          9.9       8.6       0.1       81.4    100.0
commercial^(1)
Total commercial  0.8        —         0.3       0.8       98.1    100.0
Commercial                                                    
real-estate
Residential       7.7        —         —         0.1       92.2    100.0
construction
Commercial        1.3        —         0.5       0.2       98.0    100.0
construction
Land              8.4        —         0.5       6.7       84.4    100.0
Office            0.7        —         0.3       0.6       98.4    100.0
Industrial        0.4        —         1.1       0.8       97.7    100.0
Retail            1.4        —         0.2       0.2       98.2    100.0
Multi-family      0.7        —         1.0       0.3       98.0    100.0
Mixed use and     1.2        —         0.5       1.0       97.3    100.0
other
Purchased
non-covered       —          1.3       4.8       4.5       89.4    100.0
commercial
real-estate ^(1)
Total commercial  1.3        —         0.6       0.9       97.2    100.0
real-estate
Home equity       1.7        —         0.2       0.6       97.5    100.0
Residential real  3.2        —         0.8       2.3       93.7    100.0
estate
Purchased
non-covered       —          —         23.4      —         76.6    100.0
residential real
estate ^(1)
Premium finance                                               
receivables
Commercial        0.5        0.5       0.3       1.0       97.7    100.0
insurance loans
Life insurance    —          —         —         0.5       99.5    100.0
loans
Purchased life
insurance loans   —          —         —         —         100.0   100.0
^(1)
Indirect consumer 0.1        0.2       0.1       0.6       99.0    100.0
Consumer and      1.5        —         0.2       0.4       97.9    100.0
other
Purchased
non-covered       —          2.3       1.1       3.6       93.0    100.0
consumer and
other ^(1)
Total loans, net
of unearned       0.9%       0.1%      0.4%      0.8%      97.8%   100.0%
income, excluding
covered loans
Covered loans     0.4        21.8      2.9       1.4       73.5    100.0
Total loans, net
of unearned       0.9%       1.1%      0.5%      0.9%      96.6%   100.0%
income

Non-performing Assets, excluding covered assets

The following table sets forth Wintrust's non-performing assets, excluding
covered assets and purchased non-covered loans acquired with evidence of
credit quality deterioration since origination, at the dates indicated.

                                             March 31, December 31, March 31,
(Dollars in thousands)                        2013      2012         2012
Loans past due greater than 90 days and still                      
accruing:
Commercial                                    $—        $—           $—
Commercial real-estate                        —         —            73
Home equity                                   —         100          —
Residential real-estate                       —         —            —
Premium finance receivables - commercial      7,677     10,008       4,619
Premium finance receivables - life insurance  2,256     —            —
Indirect consumer                             145       189          257
Consumer and other                            —         32           —
Total loans past due greater than 90 days and 10,078    10,329       4,949
still accruing
Non-accrual loans:                                                 
Commercial                                    18,373    21,737       19,835
Commercial real-estate                        61,807    49,973       62,704
Home equity                                   14,891    13,423       12,881
Residential real-estate                       9,606     11,728       5,329
Premium finance receivables - commercial      12,068    9,302        7,650
Premium finance receivables - life insurance  20        25           —
Indirect consumer                             95        55           152
Consumer and other                            1,695     1,511        121
Total non-accrual loans                       118,555   107,754      108,672
Total non-performing loans:                                        
Commercial                                    18,373    21,737       19,835
Commercial real-estate                        61,807    49,973       62,777
Home equity                                   14,891    13,523       12,881
Residential real-estate                       9,606     11,728       5,329
Premium finance receivables - commercial      19,745    19,310       12,269
Premium finance receivables - life insurance  2,276     25           —
Indirect consumer                             240       244          409
Consumer and other                            1,695     1,543        121
Total non-performing loans                    $128,633  $118,083     $113,621
Other real estate owned                       50,593    56,174       69,575
Other real estate owned - obtained in         5,584     6,717        6,661
acquisition
Other repossessed assets                      4,315     —            —
Total non-performing assets                   $189,125  $180,974     $189,857
Total non-performing loans by category as a
percent ofits own respective category's                           
period-end balance:
Commercial                                    0.64%     0.75%        0.78%
Commercial real-estate                        1.55      1.29         1.75
Home equity                                   1.96      1.72         1.53
Residential real-estate                       2.66      3.19         1.47
Premium finance receivables - commercial      0.99      0.97         0.81
Premium finance receivables - life insurance  0.13      —            —
Indirect consumer                             0.35      0.32         0.61
Consumer and other                            1.74      1.48         0.11
Total loans, net of unearned income           1.08%     1.00%        1.06%
Total non-performing assets as a              1.11%     1.03%        1.17%
percentageof total assets
Allowance for loan losses as a percentage     85.79%    90.91%       97.71%
oftotal non-performing loans

Non-performing Commercial and Commercial Real Estate

Commercial non-performing loans totaled $18.4 million as of March31, 2013
compared to $21.7 million as of December31, 2012 and $19.8 million as of
March31, 2012. Commercial real estate non-performing loans totaled $61.8
million as of March31, 2013 compared to $50.0 million as of December31, 2012
and $62.8 million as of March31, 2012.

Management is pursuing the resolution of all credits in this category. At this
time, management believes reserves are appropriate to absorb inherent losses
that are expected to occur upon the ultimate resolution of these credits.

Non-performing Residential Real Estate and Home Equity

Non-performing home equity and residential real estate loans totaled $24.5
million as of March31, 2013.The balance decreased $754,000 from December31,
2012 and increased $6.3 million from March31, 2012.The March31, 2013
non-performing balance is comprised of $9.6 million of residential real estate
(50 individual credits) and $14.9 million of home equity loans (53 individual
credits).On average, this is approximately 7 non-performing residential real
estate loans and home equity loans per chartered bank within the Company. The
Company believes control and collection of these loans is very manageable. At
this time, management believes reserves are adequate to absorb inherent losses
that may occur upon the ultimate resolution of these credits.

Non-performing Commercial Insurance Premium Finance Receivables

The table below presents the level of non-performing property and casualty
premium finance receivables as of March31, 2013 and 2012, and the amount of
net charge-offs for the quarters then ended.

                                                         March 31, March 31,
(Dollars in thousands)                                     2013      2012
Non-performing premium finance receivables--commercial   $19,745   $12,269
- as a percent of premium finance receivables - commercial 0.99%     0.81%
outstanding
Net charge-offsof premium finance receivables -           $783      $560
commercial
- annualized as a percent of average premium finance       0.16%     0.15%
receivables - commercial

Fluctuations in this category may occur due to timing and nature of account
collections from insurance carriers. The Company's underwriting standards,
regardless of the condition of the economy, have remained consistent. We
anticipate that net charge-offs and non-performing asset levels in the near
term will continue to be at levels that are within acceptable operating ranges
for this category of loans. Management is comfortable with administering the
collections at this level of non-performing property and casualty premium
finance receivables and believes reserves are adequate to absorb inherent
losses that may occur upon the ultimate resolution of these credits.

Due to the nature of collateral for commercial premium finance receivables, it
customarily takes 60-150 days to convert the collateral into cash.
Accordingly, the level of non-performing commercial premium finance
receivables is not necessarily indicative of the loss inherent in the
portfolio. In the event of default, Wintrust has the power to cancel the
insurance policy and collect the unearned portion of the premium from the
insurance carrier. In the event of cancellation, the cash returned in payment
of the unearned premium by the insurer should generally be sufficient to cover
the receivable balance, the interest and other charges due. Due to
notification requirements and processing time by most insurance carriers, many
receivables will become delinquent beyond 90 days while the insurer is
processing the return of the unearned premium. Management continues to accrue
interest until maturity as the unearned premium is ordinarily sufficient to
pay-off the outstanding balance and contractual interest due.

Nonperforming Loans Rollforward

The table below presents a summary of the changes in the balance of
non-performing loans, excluding covered loans, for the three month periods
ending March31, 2013 and 2012:

                                                  Three Months Ended
                                                  March 31,     March 31,
(Dollars in thousands)                             2013          2012
Balance at beginning of period                     $ 118,083     $ 120,084
Additions, net                                     28,030        17,867
Return to performing status                        —             (922)
Payments received                                  (4,121)       (4,640)
Transfer to OREO and other repossessed assets      (6,890)       (6,601)
Charge-offs                                        (9,148)       (11,307)
Net change for niche loans ^(1)                    2,679         (860)
Balance at end of period                           $ 128,633     $ 113,621
                                                               
(1)This includes activity for premium finance receivables and indirect
consumer loans.

Restructured Loans

The table below presents a summary of restructured loans for the respective
period, presented by loan category and accrual status:

                                             March 31, December 31, March 31,
(Dollars in thousands)                        2013      2012         2012
Accruing:                                                          
Commercial                                    $ 9,073   $ 11,871     $ 9,324
Commercial real estate                        83,396    89,906       134,516
Residential real estate and other             4,653     4,342        7,176
Total accrual                                 $ 97,122  $ 106,119    $ 151,016
Non-accrual: ^(1)                                                  
Commercial                                    $ 2,764   $ 6,124      $ 1,465
Commercial real estate                        14,907    12,509       11,805
Residential real estate and other             1,552     1,721        760
Total non-accrual                             $ 19,223  $ 20,354     $ 14,030
Total restructured loans:                                          
Commercial                                    $ 11,837  $ 17,995     $ 10,789
Commercial real estate                        98,303    102,415      146,321
Residential real estate and other             6,205     6,063        7,936
Total restructured loans                      $ 116,345 $ 126,473    $ 165,046
Weighted-average contractual interest rate of 4.14%     4.11%        4.12%
restructured loans
                                                                  
(1)Included in total non-performing loans.

At March31, 2013, the Company had $116.3 million in loans with modified terms
representing 167 credits in which economic concessions were granted to certain
borrowers to better align the terms of their loans with their current ability
to pay.The balance decreased from $126.5 million representing 165 credits at
December 31, 2012 and $165.0 million representing 182 credits at March 31,
2012.

The table below presents a summary of restructured loans as of March31, 2013
and March31, 2012, and shows the changes in the balance during the periods
presented:

Three Months Ended March31, 2013
                                                              
                                                 Residential   
                                    Commercial    RealEstate   
(Dollars in thousands)   Commercial   Real Estate   and Other     Total
Balance at beginning of  $17,995    $102,415    $6,063      $126,473
period
Additions during the     708          1,192         377           2,277
period
Reductions:                                                    
Charge-offs              (2,142)      (1,372)       (17)          (3,531)
Transferred to OREO and  (3,800)      (167)         (103)         (4,070)
other repossessed assets
Removal of restructured  (609)        —             —             (609)
loan status ^(1)
Payments received        (315)        (3,765)       (115)         (4,195)
Balance at period end    $11,837    $98,303     $6,205      $116,345
                                                              
Three Months Ended March31, 2012

                                                 Residential   
                                    Commercial    RealEstate   
(Dollars in thousands)   Commercial   Real Estate   and Other     Total
Balance at beginning of  $10,834    $112,796    $6,888      $130,518
period
Additions during the     118          38,519        1,060         39,697
period
Reductions:                                                    
Charge-offs              —            (1,342)       —             (1,342)
Transferred to OREO and  —            (2,129)       —             (2,129)
other repossessed assets
Removal of restructured  —            (463)         —             (463)
loan status ^(1)
Payments received        (163)        (1,060)       (12)          (1,235)
Balance at period end    $10,789    $146,321    $7,936      $165,046
                                                              
(1) Loan was previously classified as a troubled debt restructuring and
subsequently performed in compliance with the loan's modified terms for a
period of six months (including over a calendar year-end) at a modified
interest rate which represented a market rate at the time of restructuring.
Per our TDR policy, the TDR classification is removed.

The Company's approach to restructuring loans is built on its credit risk
rating system which requires credit management personnel to assign a credit
risk rating to each loan. In each case, the loan officer is responsible for
recommending a credit risk rating for each loan and ensuring the credit risk
ratings are appropriate. These credit risk ratings are then reviewed and
approved by the bank's chief credit officer or the director's loan committee.
Credit risk ratings are determined by evaluating a number of factors including
a borrower's financial strength, cash flow coverage, collateral protection and
guarantees. The Company's credit risk rating scale is one through ten with
higher scores indicating higher risk. In the case of loans rated six or worse
following modification, the Company's Managed Assets Division evaluates the
loan and the credit risk rating and determines that the loan has been
restructured to be reasonably assured of repayment and of performance
according to the modified terms and is supported by a current, well-documented
credit assessment of the borrower's financial condition and prospects for
repayment under the revised terms.

A modification of a loan with an existing credit risk rating of six or worse
or a modification of any other credit, which will result in a restructured
credit risk rating of six or worse must be reviewed for troubled debt
restructuring ("TDR") classification. In that event, our Managed Assets
Division conducts an overall credit and collateral review. A modification of a
loan is considered to be a TDR if both (1)the borrower is experiencing
financial difficulty and (2)for economic or legal reasons, the bank grants a
concession to a borrower that it would not otherwise consider. The
modification of a loan where the credit risk rating is five or better both
before and after such modification are not reviewed for TDR status. Based on
the Company's credit risk rating system, it considers that borrowers whose
credit risk rating is five or better are not experiencing financial
difficulties and therefore, are not considered TDRs.

TDRs are reviewed at the time of modification and on a quarterly basis to
determine if a specific reserve is needed. The carrying amount of the loan is
compared to the expected payments to be received, discounted at the loan's
original rate, or for collateral dependent loans, to the fair value of the
collateral. Any shortfall is recorded as a specific reserve.

All credits determined to be a TDR will continue to be classified as a TDR in
all subsequent periods, unless the borrower has been in compliance with the
loan's modified terms for a period of six months (including over a calendar
year-end) and the modified interest rate represented a market rate at the time
of a restructuring. The Managed Assets Division, in consultation with the
respective loan officer, determines whether the modified interest rate
represented a current market rate at the time of restructuring. Using
knowledge of current market conditions and rates, competitive pricing on
recent loan originations, and an assessment of various characteristics of the
modified loan (including collateral position and payment history), an
appropriate market rate for a new borrower with similar risk is determined. If
the modified interest rate meets or exceeds this market rate for a new
borrower with similar risk, the modified interest rate represents a market
rate at the time of restructuring. Additionally, before removing a loan from
TDR classification, a review of the current or previously measured impairment
on the loan and any concerns related to future performance by the borrower is
conducted. If concerns exist about the future ability of the borrower to meet
its obligations under the loans based on a credit review by the Managed Assets
Division, the TDR classification is not removed from the loan.

Each restructured loan was reviewed for impairment at March31, 2013 and
approximately $2.6 million of impairment was present and appropriately
reserved for through the Company's normal reserving methodology in the
Company's allowance for loan losses.

Other Real Estate Owned

The table below presents a summary of other real estate owned, excluding
covered other real estate owned, as of March31, 2013 and shows the activity
for the respective period and the balance for each property type:

                                             Three Months Ended
                                             March 31, December 31, March 31,
(Dollars in thousands)                        2013      2012         2012
Balance at beginning of period                $ 62,891  $ 67,377     $ 86,523
Disposals/resolved                            (7,498)   (12,516)     (11,681)
Transfers in at fair value, less costs to     2,128     8,030        6,876
sell
Additions from acquisition                    —         2,923        —
Fair value adjustments                        (1,344)   (2,923)      (5,482)
Balance at end of period                      $ 56,177  $ 62,891     $ 76,236
                                                                  
                                             Period End
                                             March 31, December 31, March 31,
Balance by Property Type                      2013      2012         2012
Residential real estate                       $ 7,312   $ 9,077      $ 6,647
Residential real estate development           10,133    12,144       14,764
Commercial real estate                        38,732    41,670       54,825
Total                                         $ 56,177  $ 62,891     $ 76,236

Other Repossessed Assets

At March 31, 2013, the Company had $4.3 million of other repossessed
assets.This balance consists primarily of an airplane, which was repossessed
during the first quarter of 2013 at a fair value of $3.8 million.Repossessed
assets also includes miscellaneous other assets.

Covered Assets

In conjunction with FDIC-assisted transactions, the Company entered into loss
share agreements with the FDIC. These agreements cover realized losses on
loans, foreclosed real estate and certain other assets. These loss share
assets are measured separately from the loan portfolios because they are not
contractually embedded in the loans and are not transferable with the loans
should the Company choose to dispose of them. Fair values at the acquisition
dates were estimated based on projected cash flows available for loss-share
based on the credit adjustments estimated for each loan pool and the loss
share percentages. The loss share assets are also separately measured from the
related loans and foreclosed real estate and recorded separately on the
Consolidated Statements of Condition. Subsequent to the acquisition date,
reimbursements received from the FDIC for actual incurred losses will reduce
the loss share assets. Additional expected losses, to the extent such expected
losses result in the recognition of an allowance for loan losses, will
increase the loss share assets. The loss share agreements with the FDIC
require the Company to reimburse the FDIC in the event that actual losses on
covered assets are lower than the original loss estimates agreed upon with the
FDIC with respect of such assets in the loss share agreements. The allowance
for loan losses for loans acquired in FDIC-assisted transactions is determined
without giving consideration to the amounts recoverable through loss share
agreements (since the loss share agreements are separately accounted for and
thus presented "gross" on the balance sheet). On the Consolidated Statements
of Income, the provision for credit losses is reported net of changes in the
amount recoverable under the loss share agreements. Reductions to expected
losses, to the extent such reductions to expected losses are the result of an
improvement to the actual or expected cash flows from the covered assets, will
reduce the loss share assets. The increases in cash flows for the purchased
loans are recognized as interest income prospectively.

The following table provides a comparative analysis for the period end
balances of the covered asset components and any changes in the allowance for
covered loan losses.

                                             March 31, December 31, March 31,
(Dollars in thousands)                        2013      2012         2012
Period End Balances:                                               
Loans                                         $ 518,661 $ 560,087    $ 691,220
Other real estate owned                       72,240    82,908       40,851
Other assets                                  681       1,097        —
FDIC Indemnification asset                    170,696   208,160      263,212
Total covered assets                          $ 762,278 $ 852,252    $ 995,283
Allowance for Covered Loan Losses                                  
Rollforward:
Balance at beginning of quarter:              $ 13,454  $ 21,926     $ 12,977
Provision for covered loan losses before
benefit attributable to FDIC loss share       1,600     (5,634)      11,229
agreements
Benefit attributable to FDIC loss share       (1,280)   4,508        (8,983)
agreements
Net provision for covered loan losses         320       (1,126)      2,246
Increase (decrease) in FDIC indemnification   1,280     (4,508)      8,983
asset
Loans charged-off                             (2,791)   (2,869)      (6,523)
Recoveries of loans charged-off               9         31           52
Net charge-offs                               (2,782)   (2,838)      (6,471)
Balance at end of quarter                     $ 12,272  $ 13,454     $ 17,735

Changes in Accretable Yield

The excess of cash flows expected to be collected over the carrying value of
loans accounted for under ASC 310-30 is referred to as the accretable yield
and is recognized in interest income using an effective yield method over the
remaining life of the pool of loans. The accretable yield is affected by:

  *Changes in interest rate indices for variable rate loans accounted for
    under ASC 310-30 – Expected future cash flows are based on the variable
    rates in effect at the time of the regular evaluations of cash flows
    expected to be collected;
  *Changes in prepayment assumptions – Prepayments affect the estimated life
    of loans accounted for under ASC 310-30 which may change the amount of
    interest income, and possibly principal, expected to be collected; and
  *Changes in the expected principal and interest payments over the estimated
    life – Updates to expected cash flows are driven by the credit outlook and
    actions taken with borrowers. Changes in expected future cash flows from
    loan modifications are included in the regular evaluations of cash flows
    expected to be collected.

The following table provides activity for the accretable yield of loans
accounted for under ASC 310-30.

                Three Months Ended          Three Months Ended
                 March 31, 2013              March 31, 2012
                            LifeInsurance             LifeInsurance
                Bank         Premium        Bank         Premium
(Dollars in      Acquisitions FinanceLoans  Acquisitions FinanceLoans
thousands)
Accretable
yield, beginning $ 143,224    $ 13,055       $ 173,120    $ 18,861
balance
Acquisitions     (78)         —              2,288        —
Accretable yield
amortized to     (9,577)      (2,019)        (14,892)     (3,737)
interest income
Accretable yield
amortized to     (8,706)      —              (21,377)     —
indemnification
asset^(1)
Reclassification
from             5,412        —              41,601       —
non-accretable
difference^(2)
(Decreases)
increases in
interest cash
flows due to     (8,550)      182            1,482        724
payments and
changes in
interest rates
Accretable
yield, ending    $ 121,725    $ 11,218       $ 182,222    $ 15,848
balance ^(3)
                                                                           
(1) Represents the portion of the current period accreted yield,
resulting from lower expected losses, applied to reduce the loss share      
indemnification asset.
(2) Reclassification is the result of subsequent increases in expected      
principal cash flows.
(3) As of March31, 2013, the Company estimates that the remaining
accretable yield balance to be amortized to the indemnification asset
for the bank acquisitions is $42.9 million. The remainder of the            
accretable yield related to bank acquisitions is expected to be
amortized to interest income.

Items Impacting Comparative Financial Results: Acquisitions

Acquisitions - completed in the past twelve months

On December 12, 2012, the Company completed its acquisition of HPK Financial
Corporation ("HPK"). HPK was the parent company of Hyde Park Bank & Trust
Company, an Illinois state bank, ("Hyde Park Bank"), which operated two
banking locations in the Hyde Park neighborhood of Chicago, Illinois. As part
of the transaction, Hyde Park Bank merged into the Company's wholly-owned
subsidiary bank, Beverly Bank & Trust Company, N.A. ("Beverly Bank"), and the
two acquired banking locations are operating as branches of Beverly Bank under
the brand name Hyde Park Bank.HPK had approximately $358 million in assets
and $243 million in deposits as of the acquisition date, prior to purchase
accounting adjustments.The Company recorded goodwill of $12.6 million on the
acquisition.

On September 28, 2012, the Company's wholly-owned subsidiary bank Old Plank
Trail Community Bank, N.A. ("Old Plank Trail Bank"), acquired certain assets
and liabilities and the banking operations of First United Bank of Crete,
Illinois ("First United Bank") in an FDIC-assisted transaction. First United
Bank operated four locations in Illinois; one in Crete, two in Frankfort and
one in Steger, as well as one location in St. John, Indiana which was
subsequently closed.

On July 20, 2012, the Company's wholly-owned subsidiary bank, Hinsdale Bank
and Trust Company ("Hinsdale Bank"), assumed the deposits and banking
operations of Second Federal Savings and Loan Association of Chicago ("Second
Federal") in an FDIC-assisted transaction. Second Federal operated three
locations in Illinois; two in Chicago (Brighton Park and Little Village
neighborhoods) and one in Cicero.The Company subsequently divested the
deposits and banking operations of Second Federal.See "Divestiture of
Previous FDIC-Assisted Acquisition" on page 40 for more information.

On June 8, 2012, the Company's wholly-owned subsidiary bank Lake Forest Bank
and Trust Company ("Lake Forest Bank"), completed its acquisition of Macquarie
Premium Funding Inc., the Canadian insurance premium funding business of
Macquarie Group. Through this transaction, Lake Forest Bank acquired
approximately $213 million of gross premium finance receivables
outstanding.The Company recorded goodwill of approximately $22 million on the
acquisition.

On April 13, 2012, the Company's wholly-owned subsidiary bank, Old Plank Trail
Bank, completed its acquisition of a branch of Suburban Bank & Trust Company
("Suburban") located in Orland Park, Illinois. Through this transaction, Old
Plank Trail Bank acquired approximately $52 million of deposits and $3 million
of loans.The Company recorded goodwill of $1.5 million on the branch
acquisition.

On March 30, 2012, the Company's wholly-owned subsidiary bank, The Chicago
Trust Company, N.A. ("CTC"), completed its acquisition of the trust operations
of Suburban. Through this transaction, CTC acquired trust accounts having
assets under administration of approximately $160 million, in addition to land
trust accounts and various other assets.The Company recorded goodwill of $1.8
million on the acquisition.

On February 10, 2012, the Company's wholly-owned subsidiary, Barrington Bank
and Trust Company, N.A. ("Barrington"), acquired certain assets and
liabilities and the banking operations of Charter National Bank and Trust
("Charter National") in an FDIC-assisted transaction. Charter National
operated two locations: one in Hoffman Estates and one in Hanover Park.

Summary of FDIC-assisted transactions in the past twelve months

  *Old Plank Trail Bank assumed approximately $316 million of the outstanding
    deposits and approximately $310 million of assets of First United Bank on
    September 28, 2012, prior to purchase accounting adjustments.A bargain
    purchase gain of $6.7 million was recognized on this transaction.
    
  *Hinsdale Bank assumed approximately $169 million of the outstanding
    deposits and approximately $10 million of assets of Second Federal on July
    20, 2012, prior to purchase accounting adjustments.A bargain purchase
    gain of $43,000 was recognized on this transaction.
    
  *Barrington assumed approximately $89 million of the outstanding deposits
    and approximately $94 million of assets of Charter National on February
    10, 2012, prior to purchase accounting adjustments.A bargain purchase
    gain of $785,000 was recognized on this transaction.

Loans comprise the majority of the assets acquired in the FDIC-assisted
transactions and are subject to loss sharing agreements with the FDIC where
the FDIC has agreed to reimburse the Company for 80% of losses incurred on the
purchased loans.Additionally, the loss share agreements with the FDIC require
the Company to reimburse the FDIC in the event that actual losses on covered
assets are lower than the original loss estimates agreed upon with the FDIC
with respect to such assets in the loss share agreements.We refer to the
loans subject to these loss-sharing agreements as "covered loans."We use the
term "covered assets" to refer to the total of covered loans, covered OREO and
certain other covered assets.The agreements with the FDIC require that the
Company follow certain servicing procedures or risk losing FDIC reimbursement
of losses related to covered assets.

Announced Acquisitions

On January 22, 2013, the Company entered into a definitive agreement to
acquire First Lansing Bancorp, Inc. ("FLB").FLB is the parent company of
First National Bank of Illinois, which operates seven banking locations in the
south and southwest suburbs of Chicago, Illinois and one location in northwest
Indiana.Through this transaction, subject to final adjustments, the Company
will acquire approximately $370 million in assets and assume approximately
$325 million in deposits.The Company expects that this acquisition will be
completed in the second quarter of 2013.

Divestiture of Previous FDIC-Assisted Acquisition

On February 1, 2013, Hinsdale Bank completed its divestiture of the deposits
and current banking operations of Second Federal, which were acquired in an
FDIC-assisted transaction on July 20, 2012, to Self-Help Federal Credit
Union.Through this transaction, the Company divested approximately $149
million of related deposits.

WINTRUST SUBSIDIARIES AND LOCATIONS

Wintrust is a financial holding company whose common stock is traded on the
Nasdaq Global Select Market (Nasdaq:WTFC). Its 15 community bank subsidiaries
are: Lake Forest Bank& Trust Company, Hinsdale Bank& Trust Company, North
Shore Community Bank& Trust Company in Wilmette, Libertyville Bank& Trust
Company, Barrington Bank& Trust Company, Crystal Lake Bank& Trust Company,
Northbrook Bank& Trust Company, Schaumburg Bank& Trust Company, N.A.,
Village Bank& Trust in Arlington Heights, Beverly Bank& Trust Company in
Chicago, Wheaton Bank& Trust Company, State Bank of The Lakes in Antioch, Old
Plank Trail Community Bank, N.A. in New Lenox, St. Charles Bank& Trust
Company and Town Bank in Hartland, Wisconsin. The banks also operate
facilities in Illinois in Algonquin, Bloomingdale, Buffalo Grove, Cary,
Chicago, Clarendon Hills, Crete, Deerfield, Downers Grove, Elgin, Frankfort,
Geneva, Glencoe, Glen Ellyn, Gurnee, Grayslake, Hanover Park, Highland Park,
Highwood, Hoffman Estates, Island Lake, Itasca, Lake Bluff, Lake Villa,
Lindenhurst, McHenry, Mokena, Mount Prospect, Mundelein, Naperville, North
Chicago, Northfield, Norridge, Orland Park, Palatine, Park Ridge, Prospect
Heights, Ravinia, Riverside, Rogers Park, Roselle, Skokie, Spring Grove,
Steger, Vernon Hills, Wauconda, Western Springs, Willowbrook, Winnetka and
Wood Dale and in Delafield, Elm Grove, Madison, Menomenee Falls and Wales,
Wisconsin.

Additionally, the Company operates various non-bank business units:

  *First Insurance Funding Corporation, one of the largest insurance premium
    finance companies operating in the United States, serves commercial and
    life insurance loan customers throughout the country.
  *First Insurance Funding of Canada serves commercial insurance loan
    customers throughout Canada
  *Tricom, Inc. of Milwaukee provides high-yielding, short-term accounts
    receivable financing and value-added out-sourced administrative services,
    such as data processing of payrolls, billing and cash management services,
    to temporary staffing service clients located throughout the United
    States.
  *Wintrust Mortgage, a division of Barrington Bank& Trust Company, engages
    primarily in the origination and purchase of residential mortgages for
    sale into the secondary market through origination offices located
    throughout the United States. Loans are also originated nationwide through
    relationships with wholesale and correspondent offices.
  *Wayne Hummer Investments, LLC is a broker-dealer providing a full range of
    private client and brokerage services to clients and correspondent banks
    located primarily in the Midwest.
  *Great Lakes Advisors LLC provides money management services and advisory
    services to individual accounts.
  *Advanced Investment Partners, LLC is an investment management firm
    specializing in the active management of domestic equity investment
    strategies.
  *The Chicago Trust Company, a trust subsidiary, allows Wintrust to service
    customers' trust and investment needs at each banking location.

FORWARD-LOOKING STATEMENTS

This document contains forward-looking statements within the meaning of
federal securities laws. Forward-looking information can be identified through
the use of words such as "intend," "plan," "project," "expect," "anticipate,"
"believe," "estimate," "contemplate," "possible," "point," "will," "may,"
"should," "would" and "could." Forward-looking statements and information are
not historical facts, are premised on many factors and assumptions, and
represent only management's expectations, estimates and projections regarding
future events. Similarly, these statements are not guarantees of future
performance and involve certain risks and uncertainties that are difficult to
predict, which may include, but are not limited to, those listed below and the
Risk Factors discussed under Item1A of the Company's 2012 Annual Report on
Form 10-K and in any of the Company's subsequent SEC filings. The Company
intends such forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995, and is including this statement for purposes of
invoking these safe harbor provisions. Such forward-looking statements may be
deemed to include, among other things, statements relating to the Company's
future financial performance, the performance of its loan portfolio, the
expected amount of future credit reserves and charge-offs, delinquency trends,
growth plans, regulatory developments, securities that the Company may offer
from time to time, and management's long-term performance goals, as well as
statements relating to the anticipated effects on financial condition and
results of operations from expected developments or events, the Company's
business and growth strategies, including future acquisitions of banks,
specialty finance or wealth management businesses, internal growth and plans
to form additional de novo banks or branch offices. Actual results could
differ materially from those addressed in the forward-looking statements as a
result of numerous factors, including the following:

  *negative economic conditions that adversely affect the economy, housing
    prices, the job market and other factors that may affect the Company's
    liquidity and the performance of its loan portfolios, particularly in the
    markets in which it operates;
  *the extent of defaults and losses on the Company's loan portfolio, which
    may require further increases in its allowance for credit losses;
  *estimates of fair value of certain of the Company's assets and
    liabilities, which could change in value significantly from period to
    period;
  *the financial success and economic viability of the borrowers of our
    commercial loans;
  *market conditions in the commercial real estate market in the Chicago
    metropolitan area;
  *the extent of commercial and consumer delinquencies and declines in real
    estate values, which may require further increases in the Company's
    allowance for loan and lease losses;
  *changes in the level and volatility of interest rates, the capital markets
    and other market indices that may affect, among other things, the
    Company's liquidity and the value of its assets and liabilities;
  *competitive pressures in the financial services business which may affect
    the pricing of the Company's loan and deposit products as well as its
    services (including wealth management services);
  *failure to identify and complete favorable acquisitions in the future or
    unexpected difficulties or developments related to the integration of the
    Company's recent or future acquisitions;
  *unexpected difficulties and losses related to FDIC-assisted acquisitions,
    including those resulting from our loss- sharing arrangements with the
    FDIC;
  *any negative perception of the Company's reputation or financial strength;
  *ability to raise additional capital on acceptable terms when needed;
  *disruption in capital markets, which may lower fair values for the
    Company's investment portfolio;
  *ability to use technology to provide products and services that will
    satisfy customer demands and create efficiencies in operations;
  *adverse effects on our information technology systems resulting from
    failures, human error or tampering;
  *accuracy and completeness of information the Company receives about
    customers and counterparties to make credit decisions;
  *ability of the Company to attract and retain senior management experienced
    in the banking and financial services industries;
  *environmental liability risk associated with lending activities;
  *the impact of any claims or legal actions, including any effect on our
    reputation;
  *losses incurred in connection with repurchases and indemnification
    payments related to mortgages;
  *the loss of customers as a result of technological changes allowing
    consumers to complete their financial transactions without the use of a
    bank;
  *the soundness of other financial institutions;
  *the possibility that certain European Union member states will default on
    their debt obligations, which may affect the Company's liquidity,
    financial conditions and results of operations;
  *examinations and challenges by tax authorities;
  *changes in accounting standards, rules and interpretations and the impact
    on the Company's financial statements;
  *the ability of the Company to receive dividends from its subsidiaries;
  *a decrease in the Company's regulatory capital ratios, including as a
    result of further declines in the value of its loan portfolios, or
    otherwise;
  *legislative or regulatory changes, particularly changes in regulation of
    financial services companies and/or the products and services offered by
    financial services companies, including those resulting from the
    Dodd-Frank Act;
  *restrictions upon our ability to market our products to consumers and
    limitations on our ability to profitably operate our mortgage business
    resulting from the Dodd-Frank Act;
  *increased costs of compliance, heightened regulatory capital requirements
    and other risks associated with changes in regulation and the current
    regulatory environment, including the Dodd-Frank Act;
  *changes in capital requirements;
  *increases in the Company's FDIC insurance premiums, or the collection of
    special assessments by the FDIC;
  *delinquencies or fraud with respect to the Company's premium finance
    business;
  *credit downgrades among commercial and life insurance providers that could
    negatively affect the value of collateral securing the Company's premium
    finance loans;
  *the Company's ability to comply with covenants under its credit facility;
    and
  *fluctuations in the stock market, which may have an adverse impact on the
    Company's wealth management business and brokerage operation.

Therefore, there can be no assurances that future actual results will
correspond to these forward-looking statements. The reader is cautioned not to
place undue reliance on any forward-looking statement made by the Company. Any
such statement speaks only as of the date the statement was made or as of such
date that may be referenced within the statement. The Company undertakes no
obligation to update any forward-looking statement to reflect the impact of
circumstances after the date of the press release. Persons are advised,
however, to consult further disclosures management makes on related subjects
in its reports filed with the Securities and Exchange Commission and in its
press releases.

CONFERENCE CALL, WEB CAST AND REPLAY

The Company will hold a conference call at 9:00 a.m. (CT) Thursday, April 18,
2013 regarding first quarter 2013 results. Individuals interested in listening
should call (877)363-5049 and enter Conference ID #34690958. A simultaneous
audio-only web cast and replay of the conference call may be accessed via the
Company's web site at (http://www.wintrust.com), Investor Relations, Investor
News and Events, Presentations& Conference Calls. The text of the first
quarter 2013 earnings press release will be available on the home page of the
Company's website at (http://www.wintrust.com) and at the Investor Relations,
Investor News and Events, Press Releases link on its website.

                        WINTRUST FINANCIAL CORPORATION

                      Supplemental Financial Information

                               5 Quarter Trends


WINTRUST FINANCIAL CORPORATION - Supplemental Financial Information
Selected Financial Highlights - 5 Quarter Trends
(Dollars in thousands, except per share data)

                Three Months Ended
                March 31,    December 31, September   June 30,    March 31,
                                           30,
                2013         2012         2012        2012        2012
Selected
Financial
Condition Data                                                 
(at end of
period):
Total assets     $17,074,247  $17,519,613  $17,018,592 $16,576,282 $16,172,018
Total loans,
excluding        11,900,312   11,828,943   11,489,900  11,202,842  10,717,384
covered loans
Total deposits   13,962,757   14,428,544   13,847,965  13,057,581  12,665,853
Junior
subordinated     249,493      249,493      249,493     249,493     249,493
debentures
Total
shareholders'    1,825,688    1,804,705    1,761,300   1,722,074   1,687,921
equity
Selected
Statements of                                                  
Income Data:
Net interest     130,713      132,776      132,575     128,270     125,895
income
Net revenue ^(1) 188,092      197,965      195,520     179,205     172,918
Pre-tax adjusted 68,263       72,441       69,436      68,928      64,067
earnings ^(2)
Net income       32,052       30,089       32,302      25,595      23,210
Net income per
common share –   $0.80        $0.75        $0.82       $0.63       $0.61
Basic
Net income per
common share –   $0.65        $0.61        $0.66       $0.52       $0.50
Diluted
Selected
Financial Ratios                                               
and Other Data:
Performance                                                    
Ratios:
Net interest     3.41%        3.40%        3.50%       3.51%       3.55%
margin ^(2)
Non-interest
income to        1.35%        1.50%        1.50%       1.26%       1.19%
average assets
Non-interest
expense to       2.82%        2.99%        2.97%       2.89%       2.99%
average assets
Net overhead     1.47%        1.48%        1.47%       1.63%       1.80%
ratio ^(2) (3)
Net overhead
ratio - pre-tax
adjusted         1.47%        1.39%        1.50%       1.46%       1.57%
earnings ^(2)
(3)
Efficiency ratio 63.78%       66.13%       63.67%      65.63%      68.24%
- FTE ^(2) (4)
Efficiency ratio
- pre-tax
adjusted         63.46%       62.62%       63.31%      61.35%      62.17%
earnings ^(2)
(4)
Return on        0.75%        0.69%        0.77%       0.63%       0.59%
average assets
Return on
average common   7.27%        6.79%        7.57%       6.08%       5.90%
equity
Return on
average tangible 9.35%        8.71%        9.78%       7.80%       7.55%
common equity
Average total    $17,256,843  $17,248,650  $16,705,429 $16,319,207 $15,835,350
assets
Average total
shareholders'    1,818,127    1,786,824    1,736,740   1,695,440   1,564,662
equity
Average loans to
average deposits 86.6%        85.6%        89.3%       88.2%       88.1%
ratio
Average loans to
average deposits 90.4         90.0         93.8        93.4        93.5
ratio (including
covered loans)
Common Share
Data at end of                                                 
period:
Market price per $37.04       $36.70       $37.57      $35.50      $35.79
common share
Book value per
common share     $38.13       $37.78       $37.25      $35.86      $35.25
^(2)
Tangible common
book value per   $29.74       $29.28       $28.93      $27.69      $27.57
share ^(2)
Common shares    37,013,707   36,861,956   36,411,382  36,340,843  36,289,380
outstanding
Other Data at
end of                                                         
period:^(8)
Leverage         10.2%        10.0%        10.2%       10.2%       10.5%
Ratio^(5)
Tier 1 Capital
to risk-weighted 12.3%        12.1%        12.2%       12.2%       12.7%
assets ^(5)
Total capital to
risk-weighted    13.4%        13.1%        13.3%       13.4%       13.9%
assets ^(5)
Tangible common
equity ratio     7.7%         7.4%         7.4%        7.4%        7.5%
(TCE) ^(2) (7)
Tangible common
equity ratio,
assuming full    8.8%         8.4%         8.4%        8.4%        8.6%
conversion of
preferred stock
^(2) (7)
Allowance for
credit losses    $125,635     $121,988     $124,914    $124,823    $124,101
^(6)
Non-performing   128,633      118,083      117,891     120,920     113,621
loans
Allowance for
credit losses to 1.06%        1.03%        1.09%       1.11%       1.16%
total loans ^(6)
Non-performing
loans to total   1.08%        1.00%        1.03%       1.08%       1.06%
loans
Number of:                                                     
Bank             15           15           15          15          15
subsidiaries
Non-bank         8            8            8           8           7
subsidiaries
Banking offices  108          111          109         100         98

(1)Net revenue includes net interest income and non-interest income
(2)See "Supplemental Financial Measures/Ratios" for additional information on
this performance measure/ratio.
(3)The net overhead ratio is calculated by netting total non-interest expense
and total non-interest income, annualizing this amount, and dividing by that
period's total average assets. A lower ratio indicates a higher degree of
efficiency.
(4)The efficiency ratio is calculated by dividing total non-interest expense
by tax-equivalent net revenue (less securities gains or losses). A lower ratio
indicates more efficient revenue generation.
(5)Capital ratios for current quarter-end are estimated.
(6)The allowance for credit losses includes both the allowance for loan
losses and the allowance for unfunded lending-related commitments, but
excluding the allowance for covered loan losses.
(7)Total shareholders' equity minus preferred stock and total intangible
assets divided by total assets minus total intangible assets
(8)Asset quality ratios exclude covered loans.



WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Consolidated Statements of Condition - 5 Quarter Trends

                  (Unaudited)            (Unaudited) (Unaudited) (Unaudited)
                  March 31,   December    September   June 30,    March 31,
                               31,         30,
(In thousands)     2013        2012        2012        2012        2012
Assets                                                         
Cash and due from  $199,575    $284,731    $186,752    $176,529    $146,014
banks
Federal funds sold
and securities     13,626      30,297      26,062      15,227      14,588
purchased under
resale agreements
Interest-bearing
deposits with      685,302     1,035,743   934,430     1,117,888   900,755
other banks
Available-for-sale
securities, at     1,870,831   1,796,076   1,256,768   1,196,702   1,869,344
fair value
Trading account    1,036       583         635         608         1,140
securities
Federal Home Loan
Bank and Federal   76,601      79,564      80,687      92,792      88,216
Reserve Bank
stock, at cost
Brokerage customer 25,614      24,864      30,633      31,448      31,085
receivables
Mortgage loans
held-for-sale, at  370,570     385,033     548,300     511,566     339,600
fair value
Mortgage loans
held-for-sale, at  10,352      27,167      21,685      14,538      10,728
lower of cost or
market
Loans, net of
unearned income,   11,900,312  11,828,943  11,489,900  11,202,842  10,717,384
excluding covered
loans
Covered loans      518,661     560,087     657,525     614,062     691,220
Total loans        12,418,973  12,389,030  12,147,425  11,816,904  11,408,604
Less: Allowance    110,348     107,351     112,287     111,920     111,023
for loan losses
Less: Allowance
for covered loan   12,272      13,454      21,926      20,560      17,735
losses
Net loans          12,296,353  12,268,225  12,013,212  11,684,424  11,279,846
Premises and       504,803     501,205     461,905     449,608     434,700
equipment, net
FDIC
indemnification    170,696     208,160     238,305     222,568     263,212
asset
Accrued interest
receivable and     485,746     511,617     557,884     710,275     463,394
other assets
Trade date
securities         —           —           307,295     —           —
receivable
Goodwill           343,632     345,401     331,634     330,896     307,295
Other intangible   19,510      20,947      22,405      21,213      22,101
assets
Total assets       $17,074,247 $17,519,613 $17,018,592 $16,576,282 $16,172,018
Liabilities and
Shareholders'                                                  
Equity
Deposits:                                                      
Non-interest       $2,243,440  $2,396,264  $2,162,215  $2,047,715  $1,901,753
bearing
Interest bearing   11,719,317  12,032,280  11,685,750  11,009,866  10,764,100
Total deposits     13,962,757  14,428,544  13,847,965  13,057,581  12,665,853
Notes payable      31,911      2,093       2,275       2,457       52,639
Federal Home Loan  414,032     414,122     414,211     564,301     466,391
Bank advances
Other borrowings   256,244     274,411     377,229     375,523     411,037
Secured borrowings
- owed to          —           —           —           360,825     428,000
securitization
investors
Subordinated notes 15,000      15,000      15,000      15,000      35,000
Junior
subordinated       249,493     249,493     249,493     249,493     249,493
debentures
Trade date         1,250       —           412         19,025      —
securities payable
Accrued interest
payable and other  317,872     331,245     350,707     210,003     175,684
liabilities
Total liabilities  15,248,559  15,714,908  15,257,292  14,854,208  14,484,097
Shareholders'                                                  
Equity:
Preferred stock    176,441     176,406     176,371     176,337     176,302
Common stock       37,272      37,108      36,647      36,573      36,522
Surplus            1,040,098   1,036,295   1,018,417   1,013,428   1,008,326
Treasury stock     (8,187)     (7,838)     (7,490)     (7,374)     (6,559)
Retained earnings  581,131     555,023     527,550     501,139     478,160
Accumulated other
comprehensive      (1,067)     7,711       9,805       1,971       (4,830)
(loss) income
Total
shareholders'      1,825,688   1,804,705   1,761,300   1,722,074   1,687,921
equity
Total liabilities
and shareholders'  $17,074,247 $17,519,613 $17,018,592 $16,576,282 $16,172,018
equity



WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Consolidated Statements of Income (Unaudited) - 5 Quarter Trends

                              Three Months Ended
                              March 31, December September June 30, March 31,
                                         31,      30,
(In thousands, except per      2013      2012     2012      2012     2012
share data)
Interest income                                                  
Interest and fees on loans     $142,114  $146,946 $149,271  $144,100 $143,555
Interest bearing deposits with 569       739      362       203      248
banks
Federal funds sold and
securities purchased under     15        13       7         6        12
resale agreements
Securities                     8,752     8,086    7,691     10,510   11,847
Trading account securities     5         6        3         10       9
Federal Home Loan Bank and     684       656      649       641      604
Federal Reserve Bank stock
Brokerage customer receivables 174       197      218       221      211
Total interest income          152,313   156,643  158,201   155,691  156,486
Interest expense                                                 
Interest on deposits           14,504    16,208   16,794    17,273   18,030
Interest on Federal Home Loan  2,764     2,835    2,817     2,867    3,584
Bank advances
Interest on notes payable and  1,154     1,566    2,024     2,274    3,102
other borrowings
Interest on secured borrowings
- owed to securitization       —         —        795       1,743    2,549
investors
Interest on subordinated notes 59        66       67        126      169
Interest on junior             3,119     3,192    3,129     3,138    3,157
subordinated debentures
Total interest expense         21,600    23,867   25,626    27,421   30,591
Net interest income            130,713   132,776  132,575   128,270  125,895
Provision for credit losses    15,687    19,546   18,799    20,691   17,400
Net interest income after      115,026   113,230  113,776   107,579  108,495
provision for credit losses
Non-interest income                                              
Wealth management              14,828    13,634   13,252    13,393   12,401
Mortgage banking               30,145    34,702   31,127    25,607   18,534
Service charges on deposit     4,793     4,534    4,235     3,994    4,208
accounts
Gains on available-for-sale    251       2,561    409       1,109    816
securities, net
Fees from covered call options 1,639     2,156    2,083     3,114    3,123
Gain on bargain purchases, net —         85       6,633     (55)     840
Trading (losses) gains, net    (435)     (120)    (998)     (928)    146
Other                          6,158     7,637    6,204     4,701    6,955
Total non-interest income      57,379    65,189   62,945    50,935   47,023
Non-interest expense                                             
Salaries and employee benefits 77,513    76,140   75,280    68,139   69,030
Equipment                      6,184     6,468    5,888     5,466    5,400
Occupancy, net                 8,853     8,480    8,024     7,728    8,062
Data processing                4,599     4,178    4,103     3,840    3,618
Advertising and marketing      2,040     2,725    2,528     2,179    2,006
Professional fees              3,221     3,158    4,653     3,847    3,604
Amortization of other          1,120     1,108    1,078     1,089    1,049
intangible assets
FDIC insurance                 3,444     3,039    3,549     3,477    3,357
OREO (income) expense, net     (1,620)   5,269    3,808     5,848    7,178
Other                          14,765    18,983   15,637    15,572   14,455
Total non-interest expense     120,119   129,548  124,548   117,185  117,759
Income before taxes            52,286    48,871   52,173    41,329   37,759
Income tax expense             20,234    18,782   19,871    15,734   14,549
Net income                     $32,052   $30,089  $32,302   $25,595  $23,210
Preferred stock dividends and  $2,616    $2,616   $2,616    $2,644   $1,246
discount accretion
Net income applicable to       $29,436   $27,473  $29,686   $22,951  $21,964
common shares
Net income per common share -  $0.80     $0.75    $0.82     $0.63    $0.61
Basic
Net income per common share -  $0.65     $0.61    $0.66     $0.52    $0.50
Diluted
Cash dividends declared per    $0.09     $—       $0.09     $—       $0.09
common share
Weighted average common shares 36,976    36,543   36,381    36,329   36,207
outstanding
Dilutive potential common      12,463    12,458   12,295    7,770    7,530
shares
Average common shares and      49,439    49,001   48,676    44,099   43,737
dilutive common shares



WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Period End Loan Balances - 5 Quarter Trends

                                                              
               March 31,    December 31, September    June 30,    March 31,
                                          30,
               2013         2012         2012         2012        2012
(Dollars in                                                    
thousands)
Balance:                                                       
Commercial      $ 2,872,695  $ 2,914,798  $ 2,771,053  $ 2,673,181 $ 2,544,456
Commercial real 3,990,465    3,864,118    3,699,712    3,666,519   3,585,760
estate
Home equity     759,218      788,474      807,592      820,991     840,364
Residential     360,652      367,213      376,678      375,494     361,327
real-estate
Premium finance
receivables -   1,997,160    1,987,856    1,982,945    1,830,044   1,512,630
commercial
Premium finance
receivables -   1,753,512    1,725,166    1,665,620    1,656,200   1,693,763
life insurance
Indirect        69,245       77,333       77,378       72,482      67,445
consumer ^(1)
Consumer and    97,365       103,985      108,922      107,931     111,639
other
Total loans,
net of unearned                                        $           $
income,         $ 11,900,312 $ 11,828,943 $ 11,489,900 11,202,842  10,717,384
excluding
covered loans
Covered loans   518,661      560,087      657,525      614,062     691,220
Total loans,                                           $           $
net of unearned $ 12,418,973 $ 12,389,030 $ 12,147,425 11,816,904  11,408,604
income
Mix:                                                           
Commercial      23%          24%          23%          23%         22%
Commercial real 32           31           30           31          32
estate
Home equity     6            6            7            7           7
Residential     3            3            3            3           3
real-estate
Premium finance
receivables -   16           16           16           15          13
commercial
Premium finance
receivables -   14           14           14           14          15
life insurance
Indirect        1            1            1            1           1
consumer ^(1)
Consumer and    1            1            1            1           1
other
Total loans,
net of unearned
income,         96%          96%          95%          95%         94%
excluding
covered loans
Covered loans   4            4            5            5           6
Total loans,
net of unearned 100%         100%         100%         100%        100%
income

(1)Includes autos, boats, snowmobiles and other indirect consumer loans.



WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Period End Deposits Balances - 5 Quarter Trends

                                                              
               March 31,    December 31, September    June 30,    March 31,
                                          30,
               2013         2012         2012         2012        2012
(Dollars in                                                    
thousands)
Balance:                                                       
Non-interest    $ 2,243,440  $ 2,396,264  $ 2,162,215  $ 2,047,715 $ 1,901,753
bearing
NOW             2,043,227    2,022,957    1,841,743    1,780,872   1,756,313
Wealth
Management      868,119      991,902      979,306      954,319     933,609
deposits ^(1)
Money Market    2,879,636    2,761,498    2,596,702    2,335,238   2,306,726
Savings         1,258,682    1,275,012    1,156,466    958,295     943,066
Time
certificates of 4,669,653    4,980,911    5,111,533    4,981,142   4,824,386
deposit
Total deposits  $ 13,962,757 $ 14,428,544 $ 13,847,965 $           $
                                                       13,057,581  12,665,853
Mix:                                                           
Non-interest    16%          17%          16%          16%         15%
bearing
NOW             15           14           13           14          14
Wealth
Management      6            7            7            7           7
deposits ^(1)
Money Market    21           19           19           18          18
Savings         9            9            8            7           8
Time
certificates of 33           34           37           38          38
deposit
Total deposits  100%         100%         100%         100%        100%

(1)Represents deposit balances of the Company's subsidiary banks from
brokerage customers of Wayne Hummer Investments, trust and asset management
customers of The Chicago Trust Company and brokerage customers from
unaffiliated companies which have been placed into deposit accounts of the
Banks.



WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Net Interest Margin (Including Call Option Income) - 5 Quarter Trends


                            Three Months Ended
                            March 31, December  September June 30,  March 31,
                                       31,       30,
(Dollars in thousands)       2013      2012      2012      2012      2012
Net interest income          $ 131,207 $ 133,285 $ 133,076 $ 128,741 $ 126,361
Call option income           1,639     2,156     2,083     3,114     3,123
Net interest income          $ 132,846 $ 135,441 $ 135,159 $ 131,855 $ 129,484
including call option income
Yield on earning assets      3.97%     4.01%     4.18%     4.25%     4.41%
Rate on interest-bearing     0.68      0.74      0.81      0.89      1.00
liabilities
Rate spread                  3.29%     3.27%     3.37%     3.36%     3.41%
Net free funds contribution  0.12      0.13      0.13      0.15      0.14
Net interest margin          3.41      3.40      3.50      3.51      3.55
Call option income           0.04      0.05      0.05      0.08      0.09
Net interest margin          3.45%     3.45%     3.55%     3.59%     3.64%
including call option income


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Net Interest Margin (Including Call Option Income - YTD Trends)


                             Three
                            Months    Years Ended
                             Ended     December 31,
                             March 31,
(Dollars in thousands)       2013      2012      2011      2010      2009
Net interest income          $ 131,207 $ 521,463 $ 463,071 $ 417,564 $ 314,096
Call option income           1,639     10,476    13,570    2,235     1,998
Net interest income          $ 132,846 $ 531,939 $ 476,641 $ 419,799 $ 316,094
including call option income
Yield on earning assets      3.97%     4.21%     4.49%     4.80%     5.07%
Rate on interest-bearing     0.68      0.86      1.23      1.61      2.29
liabilities
Rate spread                  3.29%     3.35%     3.26%     3.19%     2.78%
Net free funds contribution  0.12      0.14      0.16      0.18      0.23
Net interest margin          3.41      3.49      3.42      3.37      3.01
Call option income           0.04      0.07      0.10      0.02      0.02
Net interest margin          3.45%     3.56%     3.52%     3.39%     3.03%
including call option income


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Quarterly Average Balances - 5 Quarter Trends


                  Three Months Ended
                  March 31,   December    September   June 30,    March 31,
                               31,         30,
(In thousands)     2013        2012        2012        2012        2012
Liquidity          $ 2,797,310 $ 2,949,034 $ 2,565,151 $ 2,781,730 $ 2,756,833
management assets
Other earning      24,205      27,482      31,142      30,761      30,499
assets
Loans, net of      12,252,558  12,001,433  11,922,450  11,300,395  10,848,016
unearned income
Covered loans      536,284     626,449     597,518     659,783     667,242
Total earning      $           $           $           $           $
assets             15,610,357  15,604,398  15,116,261  14,772,669  14,302,590
Allowance for loan
and covered loan   (125,221)   (135,156)   (138,740)   (134,077)   (131,769)
losses
Cash and due from  217,345     206,914     185,435     152,118     143,869
banks
Other assets       1,554,362   1,572,494   1,542,473   1,528,497   1,520,660
Total assets       $           $           $           $           $
                   17,256,843  17,248,650  16,705,429  16,319,207  15,835,350
Interest-bearing   $           $           $           $           $
deposits           11,857,400  11,709,058  11,261,184  10,815,018  10,481,822
Federal Home Loan  414,092     414,289     441,445     514,513     470,345
Bank advances
Notes payable and  297,151     397,807     426,716     422,146     505,814
other borrowings
Secured borrowings
- owed to          —           —           176,904     407,259     514,923
securitization
investors
Subordinated notes 15,000      15,000      15,000      23,791      35,000
Junior             249,493     249,493     249,493     249,493     249,493
subordinated notes
Total              $           $           $           $           $
interest-bearing   12,833,136  12,785,647  12,570,742  12,432,220  12,257,397
liabilities
Non-interest       2,290,725   2,314,935   2,092,028   1,993,880   1,832,627
bearing deposits
Other liabilities  314,855     361,244     305,919     197,667     180,664
Equity             1,818,127   1,786,824   1,736,740   1,695,440   1,564,662
Total liabilities  $           $           $           $           $
and shareholders'  17,256,843  17,248,650  16,705,429  16,319,207  15,835,350
equity


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Net Interest Margin - 5 Quarter Trends

                          Three Months Ended
                          March31, December31, September30, June30, March
                                                                         31,
                          2013      2012         2012          2012     2012
Yield earned on:                                                     
Liquidity management       1.50%     1.33%        1.41%         1.69%    1.90%
assets
Other earning assets       3.02      2.95         2.83          3.04     2.96
Loans, net of unearned     4.36      4.45         4.57          4.64     4.77
income
Covered loans              7.96      8.10         8.25          8.50     8.98
Total earning assets       3.97%     4.01%        4.18%         4.25%    4.41%
Rate paid on:                                                        
Interest-bearing deposits  0.50%     0.55%        0.59%         0.64%    0.69%
Federal Home Loan Bank     2.71      2.72         2.54          2.24     3.06
advances
Notes payable and other    1.57      1.57         1.89          2.17     2.47
borrowings
Secured borrowings - owed
to securitization          —         —            1.79          1.72     1.99
investors
Subordinated notes         1.56      1.72         1.75          2.10     1.91
Junior subordinated notes  5.00      5.01         4.91          4.97     5.01
Total interest-bearing     0.68%     0.74%        0.81%         0.89%    1.00%
liabilities
Interest rate spread       3.29%     3.27%        3.37%         3.36%    3.41%
Net free                   0.12      0.13         0.13          0.15     0.14
funds/contribution
Net interest income/Net    3.41%     3.40%        3.50%         3.51%    3.55%
interest margin


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Non-Interest Income - 5 Quarter Trends

                                                                 
                               Three Months Ended
                               March 31, December September June 30, March
                                          31,      30,                31,
(In thousands)                  2013      2012     2012      2012     2012
Brokerage                       $ 7,267   $ 6,404  $ 6,355   $ 6,396  $ 6,322
Trust and asset management      7,561     7,230    6,897     6,997    6,079
Total wealth management         14,828    13,634   13,252    13,393   12,401
Mortgage banking                30,145    34,702   31,127    25,607   18,534
Service charges on deposit      4,793     4,534    4,235     3,994    4,208
accounts
Gains on available-for-sale     251       2,561    409       1,109    816
securities, net
Fees from covered call options  1,639     2,156    2,083     3,114    3,123
Gain on bargain purchases, net  —         85       6,633     (55)     840
Trading (losses) gains, net     (435)     (120)    (998)     (928)    146
Other:                                                            
Interest rate swap fees         2,270     2,178    2,355     2,337    2,511
Bank Owned Life Insurance       846       686      810       505      919
Administrative services         738       867      825       823      766
Miscellaneous                   2,304     3,906    2,214     1,036    2,759
Total other income              6,158     7,637    6,204     4,701    6,955
Total Non-Interest Income       $ 57,379  $ 65,189 $ 62,945  $ 50,935 $ 47,023

                                                                
WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Non-Interest Expense - 5 Quarter Trends

                                                                
                     Three Months Ended
                     March 31, December 31, September 30, June 30,  March 31,
(In thousands)        2013      2012         2012          2012      2012
Salaries and employee                                            
benefits:
Salaries              $ 41,831  $ 40,457     $ 40,173      $ 37,237  $ 37,933
Commissions and bonus 21,276    23,968       24,041        19,388    16,802
Benefits              14,406    11,715       11,066        11,514    14,295
Total salaries and    77,513    76,140       75,280        68,139    69,030
employee benefits
Equipment             6,184     6,468        5,888         5,466     5,400
Occupancy, net        8,853     8,480        8,024         7,728     8,062
Data processing       4,599     4,178        4,103         3,840     3,618
Advertising and       2,040     2,725        2,528         2,179     2,006
marketing
Professional fees     3,221     3,158        4,653         3,847     3,604
Amortization of other 1,120     1,108        1,078         1,089     1,049
intangible assets
FDIC insurance        3,444     3,039        3,549         3,477     3,357
OREO (income)         (1,620)   5,269        3,808         5,848     7,178
expense, net
Other:                                                           
Commissions - 3rd     1,233     944          1,106         1,069     1,021
party brokers
Postage               1,249     1,856        1,120         1,330     1,423
Stationery and        934       1,095        954           1,035     919
supplies
Miscellaneous         11,349    15,088       12,457        12,138    11,092
Total other expense   14,765    18,983       15,637        15,572    14,455
Total Non-Interest    $ 120,119 $ 129,548    $ 124,548     $ 117,185 $ 117,759
Expense


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Allowance for Credit Losses, excluding covered loans - 5 Quarter Trends


                     Three Months Ended
                     March      December 31, September  June       March
                      31,                     30,        30,        31,
(Dollars in           2013       2012         2012       2012       2012
thousands)
Allowance for loan
losses at beginning   $ 107,351  $ 112,287    $ 111,920  $ 111,023  $ 110,381
of period
Provision for credit  15,367     20,672       18,192     18,394     15,154
losses
Other adjustments     (229)      (289)        (534)      (272)      (238)
Reclassification
(to)/from allowance
for unfunded          (213)      (260)        626        175        152
lending-related
commitments
Charge-offs:                                                    
Commercial            4,540      9,782        3,315      6,046      3,262
Commercial real       3,299      9,084        17,000     9,226      8,229
estate
Home equity           2,397      3,496        1,543      1,732      2,590
Residential real      1,728      2,470        1,027      388        175
estate
Premium finance
receivables -         1,068      1,284        886        744        837
commercial
Premium finance
receivables - life    —          13           —          3          13
insurance
Indirect consumer     32         64           73         33         51
Consumer and other    97         570          93         51         310
Total charge-offs     13,161     26,763       23,937     18,223     15,467
Recoveries:                                                     
Commercial            295        368          349        246        257
Commercial real       368        978          5,352      174        131
estate
Home equity           162        43           52         171        162
Residential real      5          9            8          3          2
estate
Premium finance
receivables -         285        250          191        153        277
commercial
Premium finance
receivables - life    9          15           15         18         21
insurance
Indirect consumer     15         27           25         21         30
Consumer and other    94         14           28         37         161
Total recoveries      1,233      1,704        6,020      823        1,041
Net charge-offs       (11,928)   (25,059)     (17,917)   (17,400)   (14,426)
Allowance for loan    $ 110,348  $ 107,351    $ 112,287  $ 111,920  $ 111,023
losses at period end
Allowance for
unfunded
lending-related       15,287     14,647       12,627     12,903     13,078
commitments at period
end
Allowance for credit  $ 125,635  $ 121,998    $ 124,914  $ 124,823  $ 124,101
losses at period end
Annualized net
charge-offs by
category as a                                                   
percentage of its own
respective category's
average:
Commercial            0.61%      1.35%        0.44%      0.91%      0.49%
Commercial real       0.30       0.86         1.27       1.01       0.92
estate
Home equity           1.17       1.72         0.73       0.76       1.15
Residential real      0.93       1.19         0.44       0.20       0.11
estate
Premium finance
receivables -         0.16       0.21         0.14       0.14       0.15
commercial
Premium finance
receivables - life    —          —            —          —          —
insurance
Indirect consumer     0.09       0.19         0.25       0.07       0.13
Consumer and other    0.01       1.86         0.22       0.05       0.49
Total loans, net of
unearned income,      0.39%      0.83%        0.60%      0.62%      0.53%
excluding covered
loans
Net charge-offs as a
percentage of the     77.62%     121.22%      98.49%     94.60%     95.20%
provision for credit
losses
Loans at period-end   $          $ 11,828,943 $          $          $
                      11,900,312              11,489,900 11,202,842 10,717,384
Allowance for loan
losses as a           0.93%      0.91%        0.98%      1.00%      1.04%
percentage of loans
at period end
Allowance for credit
losses as a           1.06%      1.03%        1.09%      1.11%      1.16%
percentage of loans
at period end


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Non-Performing Assets, excluding covered assets - 5 Quarter Trends


                            March     December  September June      March
                             31,       31,       30,       30,       31,
(Dollars in thousands)       2013      2012      2012      2012      2012
Loans past due greater than                                      
90 days and still accruing:
Commercial                   $ —       $ —       $ —       $ —       $ —
Commercial real-estate       —         —         —         —         73
Home equity                  —         100       —         —         —
Residential real-estate      —         —         —         —         —
Premium finance receivables  7,677     10,008    5,533     5,184     4,619
- commercial
Premium finance receivables  2,256     —         —         —         —
- life insurance
Indirect consumer            145       189       215       234       257
Consumer and other           —         32        —         —         —
Total loans past due greater
than 90 days and still       10,078    10,329    5,748     5,418     4,949
accruing
Non-accrual loans:                                               
Commercial                   18,373    21,737    17,711    30,473    19,835
Commercial real-estate       61,807    49,973    58,461    56,077    62,704
Home equity                  14,891    13,423    11,504    10,583    12,881
Residential real-estate      9,606     11,728    15,393    9,387     5,329
Premium finance receivables  12,068    9,302     7,488     7,404     7,650
- commercial
Premium finance receivables  20        25        29        —         —
- life insurance
Indirect consumer            95        55        72        132       152
Consumer and other           1,695     1,511     1,485     1,446     121
Total non-accrual loans      118,555   107,754   112,143   115,502   108,672
Total non-performing loans:                                      
Commercial                   18,373    21,737    17,711    30,473    19,835
Commercial real-estate       61,807    49,973    58,461    56,077    62,777
Home equity                  14,891    13,523    11,504    10,583    12,881
Residential real-estate      9,606     11,728    15,393    9,387     5,329
Premium finance receivables  19,745    19,310    13,021    12,588    12,269
- commercial
Premium finance receivables  2,276     25        29        —         —
- life insurance
Indirect consumer            240       244       287       366       409
Consumer and other           1,695     1,543     1,485     1,446     121
Total non-performing loans   $ 128,633 $ 118,083 $ 117,891 $ 120,920 $ 113,621
Other real estate owned      50,593    56,174    61,897    66,532    69,575
Other real estate owned -    5,584     6,717     5,480     6,021     6,661
obtained in acquisition
Other repossessed assets     4,315     —         —         —         —
Total non-performing assets  $ 189,125 $ 180,974 $ 185,268 $ 193,473 $ 189,857
Total non-performing loans
by category as a percent of
its own respective                                               
category's period-end
balance:
Commercial                   0.64%     0.75%     0.64%     1.14%     0.78%
Commercial real-estate       1.55      1.29      1.58      1.53      1.75
Home equity                  1.96      1.72      1.42      1.29      1.53
Residential real-estate      2.66      3.19      4.09      2.50      1.47
Premium finance receivables  0.99      0.97      0.66      0.69      0.81
- commercial
Premium finance receivables  0.13      —         —         —         —
- life insurance
Indirect consumer            0.35      0.32      0.37      0.51      0.61
Consumer and other           1.74      1.48      1.36      1.34      0.11
Total loans, net of unearned 1.08%     1.00%     1.03%     1.08%     1.06%
income
Total non-performing assets
as a percentage of total     1.11%     1.03%     1.09%     1.17%     1.17%
assets
Allowance for loan losses as
a percentage of total        85.79%    90.91%    95.25%    92.56%    97.71%
non-performing loans

CONTACT: Edward J. Wehmer, President & Chief Executive Officer
         David A. Dykstra, Senior Executive Vice President &
         Chief Operating Officer
         (847) 939-9000
         Web site address: www.wintrust.com
 
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