Wintrust Financial Corporation Reports Second Quarter 2013 Net Income of $34.3 Million, an Increase of 34%

Wintrust Financial Corporation Reports Second Quarter 2013 Net Income of $34.3
Million, an Increase of 34%

ROSEMONT, Ill., July 16, 2013 (GLOBE NEWSWIRE) -- Wintrust Financial
Corporation ("Wintrust" or "the Company") (Nasdaq:WTFC) announced net income
of $34.3 million or $0.69 per diluted common share for the second quarter of
2013 compared to net income of $32.1 million or $0.65 per diluted common share
for the first quarter of 2013 and $25.6 million or $0.52 per diluted common
share for the second quarter of 2012.


Highlights compared with the First Quarter of 2013*:

  *Net income increased by $2.2 million
  *Net interest margin increased by nine basis points to 3.50% from 3.41%
  *Total loans, excluding covered loans and loans held-for-sale, increased
    $617 million
  *Non-performing loans as a percent of total loans, excluding covered loans
    and loans held-for-sale, decreased to 0.97%, the lowest level since the
    third quarter of 2007
  *Pre-tax adjusted earnings continues to grow, increasing $2.7 million
  *Mortgage banking revenue increased by $1.6 million as a result of an 8%
    increase in originations
  *$3.7 million increase in trading gains primarily related to the
    mark-to-market valuation of interest rate caps
  *OREO expense increased $3.9 million due to lower valuation adjustments on
    and higher gains on sales of OREO properties in the previous quarter
  *Effective expense management evidenced by an $888,000 decline in
    non-interest expense, excluding OREO expense, variable compensation and
    expenses associated with the First Lansing acquisition
  *Completed the acquisition of First Lansing Bancorp, Inc., the parent
    company of First National Bank of Illinois.

* See "Supplemental Financial Measures/Ratios" on page 13/14 for more
information on non-GAAP measures.

The Company's total assets of $17.6 billion at June 30, 2013 increased $1.0
billion from June 30, 2012. Total deposits as of June 30, 2013 were $14.4
billion, an increase of $1.3 billion from June 30, 2012. Non-interest bearing
deposits increased by $403 million, or 20%, since June 30, 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 $1.5 billion, or 26%, during the same time period.
Total loans, excluding covered loans and loans held for sale, were $12.5
billion as of June 30, 2013, an increase of $1.3 billion, or 12%, over June
30, 2012.

Edward J. Wehmer, President and Chief Executive Officer, commented, "Wintrust
reported record levels of net income for a quarterly and six month period. The
second quarter of 2013 was highlighted by solid loan growth, increased net
interest margin, improved utilization of liquidity and another strong quarter
of mortgage banking and wealth management results."

Mr. Wehmer stated, "We continue to be asset driven utilizing a portion of our
liquidity to fund continued strong loan growth particularly in our commercial
and commercial real-estate portfolios. Our loan pipelines continue to exhibit
strength. The increase in net interest margin in the second quarter compared
to the first quarter of this year is a direct result of our effective use of
our liquidity position during the current quarter. Over the past five
quarters, the Company has strategically purchased interest rate caps to
position itself for the potential rise in interest rates. In the second
quarter, long term interest rates rose resulting in increased valuations of
the interest rate caps which were recorded as trading gains."

Mr. Wehmer further commented, "Pre-tax adjusted earnings improved by $2.7
million over the previous quarter. The improvement in pre-tax adjusted
earnings reflects continued growth of net interest income, wealth management
revenue and another strong quarter of mortgage banking revenue, partially
offset by increased variable compensation expenses. In the current interest
rate environment, the Company's mortgage operation has taken advantage of an
improving new home purchase market and an active mortgage refinance market. As
the housing market continues to improve and as interest rates increase we
anticipate the purchase business will remain active. Although our pipeline for
mortgage refinance business has softened recently with higher interest rates,
the mortgage pipeline for home purchase business remains very strong and we
expect mortgage revenue to remain relatively strong in the third quarter."

Commenting on credit quality, Mr. Wehmer noted, "The bumpiness exhibited in
credit quality metrics in the first quarter of 2013 was just that, as the
Company's credit quality metrics improved in the second quarter of 2013. The
ratio of non-performing loans to total loans, excluding covered loans and
loans held for sale, at the end of the second quarter improved to 0.97% down
from 1.08% at the end of the first quarter. Our credit workout teams continue
to make good progress on addressing non-performing assets."

Turning to the future, Mr. Wehmer stated, "We are excited about the addition
of First National Bank of Illinois to the Wintrust family. Strategic
acquisitions of this nature and organic branch growth will continue to be an
important piece of our long-term strategy. During the second half of 2013, we
expect our organic branch growth to include approximately five new locations.
Our pipelines for both internal growth and external growth remain consistently
strong. Growing franchise value, increasing profitability, leveraging our
expense infrastructure and increasing shareholder value continue to be our
main objectives."

The graphs below illustrate certain highlights of the second quarter of 2013
including, increased net income, continued loan growth, changes in the deposit
mix andimprovement in the ratio of non-performing loans to total loans,
excluding covered loans and loans held-for-sale.

Graphs accompanying this release are available at
http://media.globenewswire.com/cache/11955/file/20868.pdf

Wintrust's key operating measures and growth rates for the second 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                  1stQuarter  2ndQuarter
(Dollars in      June 30,    March 31,   June 30,    2013        2012
thousands)       2013        2013        2012
Net income       $34,307     $32,052     $25,595     7%          34%
Net income per
common share –   $0.69       $0.65       $0.52       6%          33%
diluted
Pre-tax adjusted $70,920     $68,263     $68,928     4%          3%
earnings ^(2)
Net revenue ^(1) $199,819    $188,092    $179,205    6%          12%
Net interest     $135,824    $130,713    $128,270    4%          6%
income
Net interest     3.50%       3.41%       3.51%       9bp         (1)bp
margin ^(2)
Net overhead     1.49%       1.47%       1.63%       2bp         (14)bp
ratio ^(2) (3)
Net overhead
ratio, based on
pre-tax adjusted 1.51%       1.47%       1.46%       4bp         5bp
earnings ^(2)
(3)
                                                             
Efficiency ratio 63.97%      63.78%      65.63%      19bp        (166)bp
^(2) (4)
Efficiency
ratio, based on
pre-tax adjusted 63.78%      63.46%      61.35%      32bp        243bp
earnings ^(2)
(4)
                                                             
Return on        0.80%       0.75%       0.63%       5bp         17bp
average assets
Return on
average common   7.55%       7.27%       6.08%       28bp        147bp
equity
Return on
average tangible 9.70%       9.35%       7.80%       35bp         190bp
common equity
At end of period                                              
Total assets     $17,613,546 $17,074,247 $16,576,282 13%         6%
Total loans,
excluding loans
held-for-sale,   $12,516,892 $11,900,312 $11,202,842 21%         12%
excluding
covered loans
Total loans,
including loans
held-for-sale,   $13,054,883 $12,281,234 $11,728,946 25%         11%
excluding
covered loans
Total deposits   $14,365,854 $13,962,757 $13,057,581 12%         10%
Total
shareholders'    $1,836,660  $1,825,688  $1,722,074  2%          7%
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 – Second Quarter 2013

For the second quarter of 2013, net interest income totaled $135.8 million, an
increase of $5.1 million as compared to the first quarter of 2013 and an
increase of $7.6 million as compared to the second 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 increased $5.1 million in the second quarter of 2013
    compared to the first quarter of 2013, due to:

    *A seven basis point increase in the yield on earning assets, one
      additional day in the current quarter, and a $13.8 million increase in
      average earning assets resulted in an increase in total interest income
      of $4.3 million in the second quarter of 2013 compared to the first
      quarter of 2013.
      
    *A three basis point decline in the rate paid on total interest-bearing
      liabilities along with a reduction in average interest
      bearingliabilities of $96.2 million were partially offset by one
      additional day in the current quarter, creating a $778,000 reduction in
      interest expense in the second quarter of 2013 compared to the first
      quarter of 2013.
      
    *Combined, the increase in interest income of $4.3 million and the
      reduction of interest expense by $778,000 created the $5.1 million
      increase in net interest income in the second quarter of 2013 compared
      to the first quarter of 2013.

  *Net interest income increased $7.6 million in the second quarter of 2013
    compared to the second quarter of 2012, due to:

    *Average earning assets for the second quarter of 2013 increased by
      $851.5 million compared to the second quarter of 2012.This was
      comprised of average loan growth, excluding covered loans, of $1.2
      billion partially offset by a decrease of $226.6 million in the average
      balance of liquidity management and other assets and a decrease of
      $168.2 million in the average balance of covered loans.The growth in
      average total loans, excluding covered loans, included an increase of
      $364.3 million in commercial loans, $453.6 million in commercial
      real-estate loans, $229.2 million in U.S.-originated commercial premium
      finance receivables, $193.1 million in Canadian-originated commercial
      premium finance receivables and $106.8 million in life premium finance
      receivables, partially offset by a decrease of $35.8 million in mortgage
      loans held-for-sale and $61.5 million in home equity and other loans.
      
    *The average earning asset growth of $851.5 million in the second quarter
      of 2013 compared to the second quarter of 2012 was partially offset by a
      21 basis point decline in the yield on earning assets, creating an
      increase in total interest income of $1.0 million in the second quarter
      of 2013 compared to the prior year quarter.
      
    *Funding for the average earning asset growth of $851.5 millionwas
      provided by an increase in total average interest bearing liabilities of
      $304.7 million (an increase in interest-bearing deposits of $951.4
      million partially offset by a decrease of $646.7 million of wholesale
      funding) and an increase of $546.8 million in the average balance of net
      free funds.
      
    *A 24 basis point decline in the rate paid on total interest-bearing
      liabilities more than offset the increase in average balance, creating a
      $6.6 million reduction in interest expense in the second quarter of 2013
      compared to the second quarter of 2012.
      
    *Combined, the increase in interest income of $1.0 million and the
      reduction of interest expense by $6.6 million created the $7.6 million
      increase in net interest income in the second quarter of 2013 compared
      to the second quarter of 2012.

The net interest margin, on a fully taxable equivalent basis, for the second
quarter of 2013 was 3.50% compared to 3.41% in the first quarter of 2013 and
3.51% in the second 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 second quarter of 2013 increased by nine
    basis points when compared to the first quarter of 2013, due to:

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

  *The net interest margin in the second quarter of 2013 declined by 1 basis
    point when compared to the second quarter of 2012, due to:

    *The yield on total average earning assets declined 21 basis points while
      the rate on total average interest-bearing liabilities decreased 24
      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 more
      than offset the lower loan portfolio yields.
      
    *The contribution from net free funds declined by four basis points.

Non-interest income totaled $64.0 million in the second quarter of 2013,
increasing $6.6 million or 12%, compared to the first quarter of 2013 and
increasing $13.1 million, or 26%, compared to the second quarter of 2012. The
increase in non-interest income in the second quarter of 2013 compared to the
first quarter of 2013 is primarily attributable to higher trading gains
resulting primarily from an increase in the valuation of interest rate cap
derivatives along with higher mortgage banking revenues and wealth management
revenues, partially offset by a decrease in fees from covered call
options.The increase in non-interest income in the second quarter of 2013
compared to the second quarter of 2012 was primarily attributable to higher
mortgage banking revenues, increased trading gains and higher wealth
management revenues, partially offset by a decrease in fees from covered call
options and fewer gains on available-for-sale securities.Mortgage banking
revenue increased $1.6 million when compared to the first quarter of 2013 and
increased $6.1 million when compared to the second quarter of 2012. The
increases in mortgage banking revenue from the first quarter of 2013 and the
second quarter of 2012 resulted primarily from increased loan
originations.Loans originated and sold to the secondary market were $1.1
billion in the second quarter of 2013 compared to $974.4 million in the first
quarter of 2013 and $853.6 million in the second quarter of 2012 (see
"Non-Interest Income" section later in this release for further detail).

Non-interest expense totaled $128.2 million in the second quarter of 2013,
increasing $8.1 million or 7%, compared to the first quarter of 2013 and
increasing $11.0 million, or 9%, compared to the second quarter of 2012.The
increase in the current quarter compared to the first quarter of 2013 can be
attributed to $1.2 million in expenses recorded at First Lansing as well as
the following changes which exclude First Lansing balances, a $3.9 million
increase in OREO expense due to lower valuation adjustments and higher gains
on sales of OREO properties in the first quarter of 2013, a $3.9 million
increase in bonus and commission expense primarily driven by higher revenues
in the mortgage banking and wealth management businesses, a $932,000 increase
in professional fees, mostly comprised of legal fees, partially offset by a
$2.1 million reduction in benefits resulting primarily from decreased payroll
taxes.The increase in the second quarter of 2013 compared to the second
quarter of 2012 was primarily attributable to higher salary and employee
benefit costs and increased equipment and occupancy expenses, partially offset
by a decrease in OREO expenses (see "Non-Interest Expense" section later in
this release for further detail).

Financial Performance Overview – First Six Months of 2013

Net interest income increased $12.4 million in the first six months of 2013
compared to the first six months of 2012, due to:

    *Average earning assets for the first six months of 2013 increased by
      $1.1 billion compared to the first six months of 2012.This was
      comprised of average loan growth, excluding covered loans, of $1.3
      billion partially offset by a decrease of $149.7 million in the average
      balance of covered loans and a decrease of $96.9 million in the average
      balance of liquidity management and other assets.The growth in average
      total loans, excluding covered loans, included an increase of $381.3
      million in commercial loans, $416.3 million in commercial real-estate
      loans, $255.6 million in U.S.-originated commercial premium finance
      receivables, $220.9 million in Canadian-originated commercial premium
      finance receivables, $77.5 million in life premium finance receivables
      and $39.3 million in mortgage loans held-for-sale, partially offset by a
      decrease of $63.0 million in home equity and other loans.
      
    *The average earning asset growth of $1.1 billion in the first six months
      of 2013 compared to the first six months of 2012 was more than offset by
      a 33 basis point decline in the yield on earning assets, creating a
      decrease in total interest income of $3.2 million in the first six
      months of 2013 compared to the prior year period.
      
    *Funding for the average earning asset growth of $1.1 billion was
      provided by an increase in total average interest bearing liabilities of
      $440.0 million (an increase in interest-bearing deposits of $1.2 billion
      partially offset by a decrease of $723.3 million of wholesale funding)
      and an increase of $639.7 million in the average balance of net free
      funds.
      
    *A 27 basis point decline in the rate paid on total interest-bearing
      liabilities more than offset the increase in average balance, creating a
      $15.6 million reduction in interest expense in the first six months of
      2013 compared to the first six months of 2012.
      
    *Combined, the reduction of interest expense by $15.6 million and the
      decline in interest income of $3.2 million, created the $12.4 million
      increase in net interest income in the first six months of 2013 compared
      to the first six months of 2012.

The net interest margin, on a fully taxable equivalent basis, for the first
six months of 2013 was 3.46% compared to 3.53% in the first six months of
2012, a decrease of sevenbasis points, due to:

    *The yield on total average earning assets decreased33 basis points
      while the rate on total average interest-bearing liabilities
      decreased27 basis points.

    *The contribution from net free funds declined by one basis point.

Non-interest income totaled $121.4 million in the first six months of 2013,
increasing $23.4 million, or 24%, compared to the first six months of 2012.
The change is primarily attributable to higher mortgage banking revenues,
wealth management revenues and trading gains, partially offset by lower fees
from covered call options and fewer gains on available for sale securities.
Mortgage banking revenue increased $17.7 million when compared to the first
six months of 2012. The increase in the first six months of 2013 resulted
primarily from an increase in gains on sales of loans, which was driven by
higher origination volumes primarily due to increased home purchase activity
resulting from improvements in the housing market. Loans sold to the secondary
market were $2.0 billion in the first six months of 2013 compared to $1.6
billion in the first six months of 2012.

Non-interest expense totaled $248.3 million in the first six months of 2013,
increasing $13.4 million compared to the first six months of 2012. The
increase compared to the first six months of 2012 was primarily attributable
to a $19.6 million increase in salaries and employee benefits, as well as
increases of $1.8 million in occupancy expenses, $1.7 million in equipment
expenses and $1.5 million in data processing expenses, partially offset by a
$12.4 million decline in OREO expenses.

Financial Performance Overview – Credit Quality

The ratio of non-performing assets to total assets was 1.02% as of June 30,
2013, compared to 1.11% at March 31, 2013 and 1.17% at June 30,
2012.Non-performing assets, excluding covered assets, totaled $179.5 million
at June 30, 2013, compared to $189.1 million at March 31, 2013 and $193.5
million at June 30, 2012.

Non-performing loans, excluding covered loans, totaled $121.5 million, or
0.97% of total loans, at June 30, 2013, compared to $128.6 million, or 1.08%
of total loans, at March 31, 2013 and $120.9 million, or 1.08% of total loans,
at June 30, 2012.OREO, excluding covered OREO, of $57.0 million at June 30,
2013 increased slightly compared to $56.2 million at March 31, 2013 and
decreased $15.5 million compared to $72.6 million at June 30, 2012.

The provision for credit losses, excluding the provision for covered loan
losses, totaled $15.1 million for the second quarter of 2013 compared to $15.4
million for the first quarter of 2013 and $18.4 million in the second quarter
of 2012.Net charge-offs as a percentage of loans, excluding covered loans,
for the second quarter of 2013 totaled 59 basis points on an annualized basis
compared to 39 basis points on an annualized basis in the first quarter of
2013 and 62 basis points on an annualized basis in the second quarter of
2012.Net charge-offs increased in the second quarter of 2013 compared to the
first quarter of 2013 primarily as a result of an $11.4 million increase in
net charge-offs within the commercial real estate loan portfolio, offset by a
$3.4 million decrease within the commercial loan portfolio and a $1.2 million
decrease within the residential real estate loan portfolio. The increased
level of net charge-offs in the second quarter of 2013 compared to the first
quarter of 2013 resulted in a $2.7 million decrease in ASC 310 reserves
(specific reserves) for the period.

Excluding the allowance for covered loan losses, the allowance for credit
losses at June 30, 2013 totaled $110.4 million, or 0.88% of total loans,
compared to $125.6 million, or 1.06% of total loans at March 31, 2013 and
$124.8 million, or 1.11% of total loans at June 30, 2012.The decrease in the
allowance for credit losses, excluding the allowance for covered loan losses,
was primarily attributable to a decrease in the allowance for unfunded
lending-related commitments during the period. As of June 30, 2013, the
allowance for unfunded lending-related commitments totaled $3.6 million
compared to $15.3 million as of March 31, 2013 and $12.9 million as of June
30, 2012.The decrease when comparing both periods was the result of the
funding of a letter of credit in the second quarter of 2013, which
individually resulted in a decrease of $11.7 million in the allowance for
unfunded lending-related commitments.

Financial Performance Overview – Capital

As of June30, 2013, the Company's estimated capital ratios were 12.8% for
total risk-based capital, 12.0% for tier 1 risk-based capital and 10.4% for
leverage, all above the well capitalized guidelines.Additionally, the
Company's tangible common equity ratio was 7.4% at June30, 2013.Assuming
full conversion of both classes of preferred stock, the tangible common equity
ratio was 8.5% at June30, 2013.

In July 2013, the Federal Reserve Bank, the Office of the Comptroller of the
Currency and the Federal Deposit Insurance Corporation (the "Agencies")
published final Basel III Capital rules for U.S. banking organizations.The
Company had estimated that it would have been "well-capitalized" if the
fully-phased in capital requirements of the original proposal were adopted and
believes it will be "well-capitalized" under fully implemented final
rules.However, until all the final rules are analyzed, the impact cannot be
fully calculated with a high degree of accuracy.

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 Six Months Ended
                                          June 30,           June 30,
(In thousands, except per share          2013      2012     2013     2012
data)
Net income                               $34,307   $25,595  $66,359  $48,805
Less: Preferred stock dividends and      2,617     2,644    5,233    3,890
discount accretion
Net income applicable to common     (A)   31,690    22,951   61,126   44,915
shares—Basic
Add: Dividends on convertible            2,581     —        5,162    —
preferred stock, if dilutive
Net income applicable to common     (B)   34,271    22,951   66,288   44,915
shares—Diluted
Weighted average common shares      (C)   37,486    36,329   37,231   36,266
outstanding
Effect of dilutive potential common                               
shares:
Common stock equivalents                 7,334     7,770    7,343    7,723
Convertible preferred stock, if          5,020     —        5,020    —
dilutive
Weighted average common shares and
effect of dilutive potential common (D)   49,840    44,099   49,594   43,989
shares
Net income per common share:                                      
Basic                               (A/C) $0.85     $0.63    $1.64    $1.24
Diluted                             (B/D) $0.69     $0.52    $1.34    $1.02

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 Ended June 30,   Six Months Ended June 30,
(Dollars in
thousands, except per 2013           2012           2013          2012
share data)
Selected Financial
Condition Data (at                                             
end of period):
Total assets          $17,613,546    $16,576,282                 
Total loans,
excluding covered     12,516,892     11,202,842                  
loans
Total deposits        14,365,854     13,057,581                  
Junior subordinated   249,943        249,493                     
debentures
Total shareholders'   1,836,660      1,722,074                   
equity
Selected Statements                                            
of Income Data:
Net interest income   $135,824       $128,270       $226,537      254,165
Net revenue ^(1)      199,819        179,205        387,911       352,123
Pre-tax adjusted      70,920         68,928         139,183       132,995
earnings ^(2)
Net income            34,307         25,595         66,359        48,805
Net income per common $0.85          $0.63          $1.64         $1.24
share – Basic
Net income per common $0.69          $0.52          $1.34         $1.02
share – Diluted
Selected Financial
Ratios and Other                                               
Data:
Performance Ratios:                                            
Net interest margin   3.50%          3.51%          3.46%         3.53%
^(2)
Non-interest income   1.49%          1.26%          1.42%         1.23%
to average assets
Non-interest expense  2.97%          2.89%          2.90%         2.94%
to average assets
Net overhead ratio    1.49%          1.63%          1.48%         1.71%
^(2) ^(3)
Net overhead ratio,
based on pre-tax      1.51%          1.46%          1.49%         1.52%
adjusted earnings
^(2) (3)
Efficiency ratio ^(2) 63.97%         65.63%         63.88%        66.91%
(4)
Efficiency ratio,
based on pre-tax      63.78%         61.35%         63.63%        61.75%
adjusted earnings
^(2) (4)
Return on average     0.80%          0.63%          0.77%         0.61%
assets
Return on average     7.55%          6.08%          7.42%         5.99%
common equity
Return on average
tangible common       9.70%          7.80%          9.53%         7.68%
equity ^(2)
Average total assets  $17,283,985    $16,319,207    $17,270,489   $16,077,279
Average total         1,859,265      1,695,440      1,838,810     1,630,051
shareholders' equity
Average loans to
average deposits      88.7%          88.2%          87.7%         88.2%
ratio (excluding
covered loans)
Average loans to
average deposits      92.2%          93.4%          91.3%         93.4%
ratio (including
covered loans)
Common Share Data at                                           
end of period:
Market price per      $38.28         $35.50                      
common share
Book value per common $37.84         $35.86                      
share ^(2)
Tangible common book  $29.25         $27.69                      
value per share ^(2)
Common shares         37,725,143     36,340,843                  
outstanding
Other Data at end of                                           
period:^(8)
Leverage Ratio ^(5)   10.4%          10.2%                       
Tier 1 capital to
risk-weighted assets  12.0%          12.2%                       
^(5)
Total capital to
risk-weighted assets  12.8%          13.4%                       
^(5)
Tangible common
equity ratio (TCE)    7.4%           7.4%                        
^(2)(7)
Tangible common
equity ratio,
assuming full         8.5%           8.4%                        
conversion of
preferred stock ^(2)
(7)
Allowance for credit  $110,405       $124,823                    
losses ^(6)
Non-performing loans  $121,485       $120,920                    
Allowance for credit
losses to total loans 0.88%          1.11%                       
^(6)
Non-performing loans  0.97%          1.08%                       
to total loans
Number of:                                                     
Bank subsidiaries     15             15                          
Non-bank subsidiaries 8              8                           
Banking offices       117            100                         
                                                              
(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)              (Unaudited)
                                       June30,     December 31, June 30,
(In thousands)                          2013         2012        2012
Assets                                                          
Cash and due from banks                 $224,286   $284,731   $176,529
Federal funds sold and securities       9,013        30,297       15,227
purchased under resale agreements
Interest-bearing deposits with other    440,656      1,035,743    1,117,888
banks
Available-for-sale securities, at fair  1,843,824    1,796,076    1,196,702
value
Trading account securities              659          583          608
Federal Home Loan Bank and Federal      79,354       79,564       92,792
Reserve Bank stock, at cost
Brokerage customer receivables          26,214       24,864       31,448
Mortgage loans held-for-sale, at fair   525,027      385,033      511,566
value
Mortgage loans held-for-sale, at lower  12,964       27,167       14,538
of cost or market
Loans, net of unearned income,          12,516,892   11,828,943   11,202,842
excluding covered loans
Covered loans                           454,602      560,087      614,062
Total loans                             12,971,494   12,389,030   11,816,904
Less: Allowance for loan losses         106,842      107,351      111,920
Less: Allowance for covered loan losses 14,429       13,454       20,560
Net loans                               12,850,223   12,268,225   11,684,424
Premises and equipment, net             512,928      501,205      449,608
FDIC indemnification asset              137,681      208,160      222,568
Accrued interest receivable and other   573,709      511,617      710,275
assets
Trade date securities receivable        —            —            —
Goodwill                                356,871      345,401      330,896
Other intangible assets                 20,137       20,947       21,213
Total assets                            $17,613,546 $17,519,613 $16,576,282
Liabilities and Shareholders' Equity                            
Deposits:                                                       
Non-interest bearing                    $2,450,659 $2,396,264 $2,047,715
Interest bearing                        11,915,195   12,032,280   11,009,866
Total deposits                          14,365,854   14,428,544   13,057,581
Notes payable                           1,729        2,093        2,457
Federal Home Loan Bank advances         585,942      414,122      564,301
Other borrowings                        252,776      274,411      375,523
Secured borrowings - owed to            —            —            360,825
securitization investors
Subordinated notes                      10,000       15,000       15,000
Junior subordinated debentures          249,493      249,493      249,493
Trade date securities payable           577          —            19,025
Accrued interest payable and other      310,515      331,245      210,003
liabilities
Total liabilities                       15,776,886   15,714,908   14,854,208
Shareholders' Equity:                                           
Preferred stock                         176,476      176,406      176,337
Common stock                            37,985       37,108       36,573
Surplus                                 1,066,796    1,036,295    1,013,428
Treasury stock                          (8,214)      (7,838)      (7,374)
Retained earnings                       612,821      555,023      501,139
Accumulated other comprehensive (loss)  (49,204)     7,711        1,971
income
Total shareholders' equity              1,836,660    1,804,705    1,722,074
Total liabilities and shareholders'     $17,613,546 $17,519,613 $16,576,282
equity

WINTRUST FINANCIAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

                           Three Months Ended June Six months ended June 30,
                             30,
(In thousands, except per   2013        2012        2013         2012
share data)
Interest income                                               
Interest and fees on loans  $145,983  $144,100  $288,097   $287,655
Interest bearing deposits   411         203         980          451
with banks
Federal funds sold and
securities purchased under  4           6           19           18
resale agreements
Securities                  9,359       10,510      18,111       22,357
Trading account securities  8           10          13           19
Federal Home Loan Bank and  693         641         1,377        1,245
Federal Reserve Bank stock
Brokerage customer          188         221         362          432
receivables
Total interest income       156,646     155,691     308,959      312,177
Interest expense                                              
Interest on deposits        13,675      17,273      28,179       35,303
Interest on Federal Home    2,821       2,867       5,585        6,451
Loan Bank advances
Interest on notes payable   1,132       2,274       2,286        5,376
and other borrowings
Interest on secured
borrowings - owed to        —           1,743       —            4,292
securitization investors
Interest on subordinated    52          126         111          295
notes
Interest on junior          3,142       3,138       6,261        6,295
subordinated debentures
Total interest expense      20,822      27,421      42,422       58,012
Net interest income         135,824     128,270     266,537      254,165
Provision for credit        15,382      20,691      31,069       38,091
losses
Net interest income after
provision for credit        120,442     107,579     235,468      216,074
losses
Non-interest income                                           
Wealth management           15,892      13,393      30,720       25,794
Mortgage banking            31,734      25,607      61,879       44,141
Service charges on deposit  5,035       3,994       9,828        8,202
accounts
Gains on
available-for-sale          2           1,109       253          1,925
securities, net
Fees from covered call      993         3,114       2,632        6,237
options
Gain on bargain purchases,  —           (55)        —            785
net
Trading gains (losses),     3,260       (928)       2,825        (782)
net
Other                       7,079       4,701       13,237       11,656
Total non-interest income   63,995      50,935      121,374      97,958
Non-interest expense                                          
Salaries and employee       79,225      68,139      156,738      137,169
benefits
Equipment                   6,413       5,466       12,597       10,866
Occupancy, net              8,707       7,728       17,560       15,790
Data processing             4,358       3,840       8,957        7,458
Advertising and marketing   2,722       2,179       4,762        4,185
Professional fees           4,191       3,847       7,412        7,451
Amortization of other       1,164       1,089       2,284        2,138
intangible assets
FDIC insurance              3,003       3,477       6,447        6,834
OREO expense, net           2,284       5,848       664          13,026
Other                       16,120      15,572      30,885       30,027
Total non-interest expense  128,187     117,185     248,306      234,944
Income before taxes         56,250      41,329      108,536      79,088
Income tax expense          21,943      15,734      42,177       30,283
Net income                  $34,307   $25,595   $66,359    $48,805
Preferred stock dividends   $2,617    $2,644    $5,233     $3,890
and discount accretion
Net income applicable to    $31,690   $22,951   $61,126    $44,915
common shares
Net income per common       $0.85     $0.63     $1.64      $1.24
share - Basic
Net income per common       $0.69     $0.52     $1.34      $1.02
share - Diluted
Cash dividends declared     —         —         $0.09      $0.09
per common share
Weighted average common     37,486      36,329      37,231       36,266
shares outstanding
Dilutive potential common   12,354      7,770       12,363       7,723
shares
Average common shares and   49,840      44,099      49,594       43,989
dilutive common shares

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                                                    Six Months Ended
                  June 30,      March 31,     December 31,  September 30, June 30,      June 30,
(Dollars and
shares in          2013          2013          2012          2012          2012          2013       2012
thousands)
Calculation of Net
Interest Margin                                                                               
and Efficiency
Ratio
(A) Interest       $156,646    $152,313    $156,643    $158,201    $155,691    $308,959 $312,177
Income (GAAP)
Taxable-equivalent                                                                            
adjustment:
- Loans            225           150           159           148           135           375        269
- Liquidity        356           343           349           352           333           699        662
Management Assets
- Other Earning    4             1             1             1             3             5          6
Assets
Interest Income -  $157,231    $152,807    $157,152    $158,702    $156,162    $310,038 $313,114
FTE
(B) Interest       20,822        21,600        23,867        25,626        27,421        42,422     58,012
Expense (GAAP)
Net interest       $136,409    $131,207    $133,285    $133,076    $128,741    $267,616 $255,102
income - FTE
(C) Net Interest
Income (GAAP) (A   $135,824    $130,713    $132,776    $132,575    $128,270    $266,537 $254,165
minus B)
(D) Net interest   3.49%         3.40%         3.39%         3.49%         3.49%         3.44%      3.52%
margin (GAAP)
Net interest       3.50%         3.41%         3.40%         3.50%         3.51%         3.46%      3.53%
margin - FTE
(E) Efficiency     64.15%        63.95%        66.30%        63.83%        65.80%        64.05%     67.09%
ratio (GAAP)
Efficiency ratio - 63.97%        63.78%        66.13%        63.67%        65.63%        63.88%     66.91%
FTE
Efficiency ratio -
Based on pre-tax   63.78%        63.46%        62.62%        63.31%        61.35%        63.63%     61.75%
adjusted earnings
(F) Net Overhead   1.49%         1.47%         1.48%         1.47%         1.63%         1.48%      1.71%
Ratio (GAAP)
Net Overhead ratio
- Based on pre-tax 1.51%         1.47%         1.39%         1.50%         1.46%         1.49%      1.52%
adjusted earnings
Calculation of
Tangible Common                                                                               
Equity ratio (at
period end)
Total
shareholders'      $1,836,660  $1,825,688  $1,804,705  $1,761,300  $1,722,074            
equity
(G) Less:          (176,476)     (176,441)     (176,406)     (176,371)     (176,337)               
Preferred stock
Less: Intangible   (377,008)     (363,142)     (366,348)     (354,039)     (352,109)               
assets
(H) Total tangible
common             $1,283,176  $1,286,105  $1,261,951  $1,230,890  $1,193,628            
shareholders'
equity
Total assets       $17,613,546 $17,074,247 $17,519,613 $17,018,592 $16,576,282           
Less: Intangible   (377,008)     (363,142)     (366,348)     (354,039)     (352,109)               
assets
(I) Total tangible $17,236,538 $16,711,105 $17,153,265 $16,664,553 $16,224,173           
assets
Tangible common    7.4%          7.7%          7.4%          7.4%          7.4%                    
equity ratio (H/I)
Tangible common
equity ratio,
assuming full      8.5%          8.8%          8.4%          8.4%          8.4%                    
conversion of
preferred stock
((H-G)/I)
Calculation of
Pre-Tax Adjusted                                                                              
Earnings
Income before      $56,250     $52,286     $48,871     $52,173     $41,329     $108,536 $79,088
taxes
Add: Provision for 15,382        15,687        19,546        18,799        20,691        31,069     38,091
credit losses
Add: OREO expense  2,284         (1,620)       5,269         3,808         5,848         664        13,026
(income), net
Add: Recourse
obligation on      815           (755)         —             —             (36)          60         —
loans previously
sold
Add: Covered loan  276           699           836           1,201         1,323         975        2,722
collection expense
Add: Defeasance    —             —             —             —             148           —          996
cost
Add: Seasonal
payroll tax        (312)         1,610         (873)         (1,121)       (271)         1,298      1,994
fluctuation
Add: FDIC
Indemnification    16            1,208         407           513           87            1,224      466
Asset Amortization
Add: Loss (gain)
on foreign         33            22            (826)         825           —             55         —
currency
remeasurement
Add: Fees for
Termination of     —             —             2,110         —             —             —          —
Repurchase
Agreements
Less: Gain from
investment         (562)         (1,058)       (373)         (718)         (65)          (1,620)    (1,460)
partnerships
Less: Gain on
bargain purchases, —             —             (85)          (6,633)       55            —          (785)
net
Less: Trading
(gains) losses,    (3,260)       435           120           998           928           (2,825)    782
net
Less: Gains on
available-for-sale (2)           (251)         (2,561)       (409)         (1,109)       (253)      (1,925)
securities, net
Pre-tax adjusted   $70,920     $68,263     $72,441     $69,436     $68,928     $139,183 $132,995
earnings
Calculation of
book value per                                                                                
share
Total
shareholders'      $1,836,660  $1,825,688  $1,804,705  $1,761,300  $1,722,074            
equity
Less: Preferred    (176,476)     (176,441)     (176,406)     (176,371)     (176,337)               
stock
(J) Total common   $1,660,184  $1,649,247  $1,628,299  $1,584,929  $1,545,737            
equity
Actual common      37,725        37,014        36,862        36,411        36,341                  
shares outstanding
Add: TEU           6,145         6,238         6,241         6,133         6,760                   
conversion shares
(K) Common shares
used for book      43,870        43,252        43,103        42,544        43,101                  
value calculation
Book value per     $37.84      $38.13      $37.78      $37.25      $35.86                
share (J/K)
Tangible common
book value per     $29.25      $29.74      $29.28      $28.93      $27.69                
share (H/K)
Calculation of
return on average                                                                             
common equity
(L) Net income
applicable to      31,690        29,436        27,473        29,686        22,951        61,126     44,915
common shares
Total average
shareholders'      1,859,265     1,818,127     1,786,824     1,736,740     1,695,440     1,838,810  1,630,051
equity
Less: Average      (176,454)     (176,422)     (176,383)     (176,349)     (176,314)     (176,438)  (122,083)
preferred stock
(M) Total average
common             1,682,811     1,641,705     1,610,441     1,560,391     1,519,126     1,662,372  1,507,968
shareholders'
equity
Less: Average      (372,796)     (365,505)     (356,320)     (352,779)     (335,327)     (369,171)  (331,261)
intangible assets
(N) Total average
tangible common    1,310,015     1,276,200     1,254,121     1,207,612     1,183,799     1,293,201  1,176,707
shareholders'
equity
Return on average
common equity,     7.55%         7.27%         6.79%         7.57%         6.08%         7.42%      5.99%
annualized (L/M)
Return on average
tangible common    9.70%         9.35%         8.71%         9.78%         7.80%         9.53%      7.68%
equity, annualized
(L/N)

LOANS

Loan Portfolio Mix and Growth Rates

                                                           % Growth
                                                               From ^(1) From
(Dollars in           June 30, 2013 December 31, June 30, 2012 December  June
thousands)                          2012                       31,       30,
                                                               2012      2012
Balance:                                                             
Commercial            $3,120,576    $2,914,798   $2,673,181    14%       17%
Commercial            4,093,983     3,864,118    3,666,519     12        12
real-estate
Home equity           758,260       788,474      820,991       (8)       (8)
Residential           384,961       367,213      375,494       10        3
real-estate
Premium finance
receivables -         2,165,734     1,987,856    1,830,044     18        18
commercial
Premium finance
receivables - life    1,821,147     1,725,166    1,656,200     11        10
insurance
Indirect consumer     64,521        77,333       72,482        (33)      (11)
^(2)
Consumer and other    107,710       103,985      107,931       7         —
Total loans, net of
unearned              $12,516,892   $11,828,943  $11,202,842   12%       12%
income,excluding
covered loans
Covered loans         454,602       560,087      614,062       (38)      (26)
Total loans, net of   $12,971,494   $12,389,030  $11,816,904   9%        10%
unearned income
Mix:                                                                 
Commercial            24%           24%          23%                    
Commercial            31            31           31                     
real-estate
Home equity           6             6            7                      
Residential           3             3            3                      
real-estate
Premium finance
receivables -         16            16           15                     
commercial
Premium finance
receivables - life    14            14           14                     
insurance
Indirect consumer     1             1            1                      
^(2)
Consumer and other    1             1            1                      
Total loans, net of
unearned              96%           96%          95%                    
income,excluding
covered loans
Covered loans         4             4            5                      
Total loans, net of   100%          100%         100%                   
unearned income

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

As of June 30, 2013                   % of               >90Days Allowance
                                    Total   Nonaccrual Past Due  For Loan
(Dollars in thousands)      Balance    Balance            and Still Losses
                                                          Accruing  Allocation
Commercial:                                                     
Commercial and industrial   $1,452,128 20.1%   $15,432    $—        $15,955
Franchise                   202,240    2.8     —          —         1,647
Mortgage warehouse lines of 174,422    2.4     —          —         1,571
credit
Community Advantage -       83,003     1.2     —          —         208
homeowner associations
Aircraft                    13,174     0.2     —          —         33
Asset-based lending         930,454    12.9    1,816      100       7,834
Municipal                   151,492    2.1     —          —         1,233
Leases                      102,409    1.4     —          —         255
Other                       98         —       —          —         1
Purchased non-covered
commercial                  11,156     0.2     —          190       —
loans ^(1)
Total commercial            $3,120,576 43.3%   $17,248    $290      $28,737
Commercial Real-Estate:                                         
Residential construction    $39,299    0.5%    $2,659     $3,263    $1,220
Commercial construction     138,043    1.9     7,857      —         2,053
Land                        116,853    1.6     5,742      —         3,525
Office                      597,757    8.3     6,324      —         6,030
Industrial                  615,501    8.5     5,773      —         6,064
Retail                      607,391    8.4     7,471      —         5,418
Multi-family                533,568    7.4     3,337      —         11,738
Mixed use and other         1,378,160  19.2    15,662     —         15,701
Purchased non-covered       67,411     0.9     —          6,466     201
commercial real-estate ^(1)
Total commercial            $4,093,983 56.7%   $54,825    $9,729    $51,950
real-estate
Total commercial and        $7,214,559 100.0%  $72,073    $10,019   $80,687
commercial real-estate
                                                               
Commercial real-estate -
collateral location by                                          
state:
Illinois                    $3,460,398 84.5%                      
Wisconsin                   346,230    8.5                        
Total primary markets       $3,806,628 93.0%                      
Florida                     65,928     1.6                        
Arizona                     17,927     0.4                        
Indiana                     78,871     1.9                        
Other (no individual state  124,629    3.1                        
greater than 0.5%)
Total                       $4,093,983 100.0%                     

(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 ^(1)  From
(Dollars in          June30, 2013 December 31, June30, 2012 December   June
thousands)                         2012                       31,        30,
                                                              2012       2012
Balance:                                                             
Non-interest bearing $2,450,659    $2,396,264   $2,047,715    5%         20%
NOW                  2,147,004     2,022,957    1,780,872     12         21
Wealth Management    1,083,897     991,902      954,319       19         14
deposits ^(2)
Money Market         3,037,354     2,761,498    2,335,238     20         30
Savings              1,304,619     1,275,012    958,295       5          36
Time certificates of 4,342,321     4,980,911    4,981,142     (26)       (13)
deposit
Total deposits       $14,365,854   $14,428,544  $13,057,581   (1)%       10%
Mix:                                                                 
Non-interest bearing 17%           17%          16%                     
NOW                  15            14           14                      
Wealth Management    8             7            7                       
deposits ^(2)
Money Market         21            19           18                      
Savings              9             9            7                       
Time certificates of 30            34           38                      
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 June30, 2013

           CDARs &                                                                               Weighted-Average
(Dollars   Brokered         MaxSafe          VariableRate    Other Fixed        Total Time      Rate of Maturing
in         Certificates     Certificates     Certificates     RateCertificates Certificatesof Time
thousands) ofDeposit^(1) ofDeposit^(1) ofDeposit^(2) ofDeposit^(1)   Deposit         Certificates
                                                                                                 of Deposit ^(3)
1-3 months $105,323         $68,812          $159,196         $714,055           $1,047,386      0.67%
4-6 months 4,667            60,954           —                611,410            677,031         0.67%
7-9 months 40,000           53,837           —                613,219            707,056         0.80%
10-12      4,952            24,894           —                514,234            544,080         0.70%
months
13-18      16,444           32,638           —                428,685            477,767         1.03%
months
19-24      131,649          9,973            —                226,145            367,767         1.69%
months
24+ months 20,000           24,974           —                476,260            521,234         1.49%
Total      $323,035         $276,082         $159,196         $3,584,008         $4,342,321      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 second quarter of 2013 compared to the second
quarter of 2012 (linked quarters):

                      Three months ended June 30, Three months ended June 30,
                       2013                        2012
(Dollars in thousands) Average      Interest Rate  Average      Interest Rate
Liquidity management   $2,560,118   $10,823  1.70% $2,781,730   $11,693  1.69%
assets ^(1)(2) (7)
Other earning assets   25,775       201      3.13  30,761       233      3.04
^(2)(3) (7)
Loans, net of unearned 12,546,676   137,139  4.38  11,300,395   130,293  4.64
income ^(2)(4) (7)
Covered loans          491,603      9,068    7.40  659,783      13,943   8.50
Total earning assets   $15,624,172  $157,231 4.04% $14,772,669  $156,162 4.25%
^(7)
Allowance for loan and (126,455)                 (134,077)            
covered loan losses
Cash and due from      225,712                   152,118              
banks
Other assets           1,560,556                 1,528,497            
Total assets           $17,283,985               $16,319,207          
                                                                   
Interest-bearing       $11,766,422  $13,675  0.47% $10,815,018  $17,273  0.64%
deposits
Federal Home Loan Bank 434,572      2,821    2.60  514,513      2,867    2.24
advances
Notes payable and      273,255      1,132    1.66  422,146      2,274    2.17
other borrowings
Secured borrowings -
owed to securitization —            —        —     407,259      1,743    1.72
investors
Subordinated notes     13,187       52       1.58  23,791       126      2.10
Junior subordinated    249,493      3,142    4.98  249,493      3,138    4.97
notes
Total interest-bearing $12,736,929  $20,822  0.65% $12,432,220  $27,421  0.89%
liabilities
Non-interest bearing   2,379,315                 1,993,880            
deposits
Other liabilities      308,476                   197,667              
Equity                 1,859,265                 1,695,440            
Total liabilities and  $17,283,985               $16,319,207          
shareholders' equity
Interest rate spread                       3.39%                     3.36%
^(5) (7)
Net free
funds/contribution     $2,887,243           0.11% $2,340,449           0.15%
^(6)
Net interest
income/Net interest                $136,409 3.50%             $128,741 3.51%
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
June30, 2013 and 2012 were $585,000 and $471,000, 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 second quarter of 2013 compared to the first
quarter of 2013 (sequential quarters):

                     Three months ended June 30, Three months ended March 31,
                      2013                        2013
(Dollars in           Average      Interest Rate  Average      Interest  Rate
thousands)
Liquidity management  $2,560,118   $10,823  1.70% $2,797,310   $10,363   1.50%
assets ^(1)(2) (7)
Other earning assets  25,775       201      3.13  24,205       180       3.02
^(2)(3) (7)
Loans, net of
unearned income       12,546,676   137,139  4.38  12,252,558   131,740   4.36
^(2)(4) (7)
Covered loans         491,603      9,068    7.40  536,284      10,524    7.96
Total earning assets  $15,624,172  $157,231 4.04% $15,610,357  $152,807  3.97%
^(7)
Allowance for loan
and covered loan      (126,455)                 (125,221)             
losses
Cash and due from     225,712                   217,345               
banks
Other assets          1,560,556                 1,554,362             
Total assets          $17,283,985               $17,256,843           
                                                                   
Interest-bearing      $11,766,422  $13,675  0.47% $11,857,400  $14,504   0.50%
deposits
Federal Home Loan     434,572      2,821    2.60  414,092      2,764     2.71
Bank advances
Notes payable and     273,255      1,132    1.66  297,151      1,154     1.57
other borrowings
Secured borrowings -
owed to               —            —        —     —            —         —
securitization
investors
Subordinated notes    13,187       52       1.58  15,000       59        1.56
Junior subordinated   249,493      3,142    4.98  249,493      3,119     5.00
notes
Total
interest-bearing      $12,736,929  $20,822  0.65% $12,833,136  $21,600   0.68%
liabilities
Non-interest bearing  2,379,315                 2,290,725             
deposits
Other liabilities     308,476                   314,855               
Equity                1,859,265                 1,818,127             
Total liabilities and $17,283,985               $17,256,843           
shareholders' equity
Interest rate spread                      3.39%                      3.29%
^(5) (7)
Net free
funds/contribution    $2,887,243           0.11% $2,777,221            0.12%
^(6)
Net interest
income/Net interest               $136,409 3.50%             $131,207  3.41%
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
June30, 2013 was $585,000 and for the three months ended March31, 2013 was
$494,000.

(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.

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 six months ended June 30, 2013 compared to the
six months ended June, 30 2012:

                        Six months ended June 30,  Six months ended June 30,
                         2013                       2012
(Dollars in thousands)   Average     Interest Rate  Average     Interest Rate
Liquidity management     $2,678,059  $21,186  1.60% $2,769,282  $24,733  1.80%
assets ^(1)(2) (7)
Other earning assets     24,995      381      3.07  30,631      457      3.00
^(2)(3) (7)
Loans, net of unearned   12,400,429  268,879  4.37  11,074,205  259,077  4.70
income ^(2)(4) (7)
Covered loans            513,820     19,592   7.69  663,512     28,847   8.74
Total earning assets     $15,617,303 $310,038 4.00% $14,537,630 $313,114 4.33%
^(7)
Allowance for loan and   (125,841)                (132,923)           
covered loan losses
Cash and due from banks  221,552                  147,993             
Other assets             1,557,475                1,524,579           
Total assets             $17,270,489              $16,077,279         
                                                                   
Interest-bearing         $11,811,659 $28,179  0.48% $10,648,420 $35,303  0.67%
deposits
Federal Home Loan Bank   424,389     5,585    2.65  492,429     6,451    2.63
advances
Notes payable and other  285,137     2,286    1.62  463,980     5,376    2.33
borrowings
Secured borrowings -
owed to securitization   —           —        —     461,091     4,292    1.87
investors
Subordinated notes       14,088      111      1.57  29,396      295      1.98
Junior subordinated      249,493     6,261    4.99  249,493     6,295    4.99
notes
Total interest-bearing   $12,784,766 $42,422  0.67% $12,344,809 $58,012  0.94%
liabilities
Non-interest bearing     2,335,265                1,913,253           
deposits
Other liabilities        311,648                  189,166             
Equity                   1,838,810                1,630,051           
Total liabilities and    $17,270,489              $16,077,279         
shareholders' equity
Interest rate spread                        3.33%                    3.39%
^(5) (7)
Net free                 $2,832,537          0.13% $2,192,821          0.14%
funds/contribution ^(6)
Net interest income/Net             $267,616 3.46%            $255,102 3.53%
interest 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 six months ended
June30, 2013 was $1.1 million and for the six months ended June 30, 2012 was
$937,000.

(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 second quarter of 2013, non-interest income totaled $64.0 million, an
increase of $13.1 million, or 26%, compared to the second quarter of 2012.The
increase was primarily attributable to higher mortgage banking revenues,
increased trading gains and higher wealth management revenues, partially
offset by a decrease in fees from covered call options and fewer gains on
available-for-sale securities.

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

                                   Three months ended June 30, $       %
(Dollars in thousands)              2013           2012         Change  Change
Brokerage                           $7,426         $6,396       $1,030  16
Trust and asset management          8,466          6,997        1,469   21
Total wealth management             15,892         13,393       2,499   19
Mortgage banking                    31,734         25,607       6,127   24
Service charges on deposit accounts 5,035          3,994        1,041   26
Gains on available-for-sale         2              1,109        (1,107) (100)
securities, net
Fees from covered call options      993            3,114        (2,121) (68)
Gain on bargain purchases, net      —              (55)         55      (100)
Trading gains (losses), net         3,260          (928)        4,188   NM
Other:                                                               
Interest rate swap fees             1,638          2,337        (699)   (30)
Bank Owned Life Insurance           902            505          397     79
Administrative services             832            823          9       1
Miscellaneous                       3,707          1,036        2,671   NM
Total Other                         7,079          4,701        2,378   51
Total Non-Interest Income           $63,995        $50,935      $13,060 26
                                                                    
                                   Six months ended June 30,   $       %
(Dollars in thousands)              2013           2012         Change  Change
Brokerage                           $14,692        $12,718      $1,974  16
Trust and asset management          16,028         13,076       2,952   23
Total wealth management             30,720         25,794       4,926   19
Mortgage banking                    61,879         44,141       17,738  40
Service charges on deposit accounts 9,828          8,202        1,626   20
Gains on available-for-sale         253            1,925        (1,672) (87)
securities, net
Fees from covered call options      2,632          6,237        (3,605) (58)
Gain on bargain purchases, net      —              785          (785)   (100)
Trading gains (losses), net         2,825          (782)        3,607   NM
Other:                                                               
Interest rate swap fees             3,909          4,848        (939)   (19)
Bank Owned Life Insurance           1,747          1,424        323     23
Administrative services             1,569          1,589        (20)    (1)
Miscellaneous                       6,012          3,795        2,217   58
Total Other                         13,237         11,656       1,581   14
Total Non-Interest Income           $121,374       $97,958      $23,416 24

NM - Not Meaningful

The significant changes in non-interest income for the quarter ended June30,
2013 compared to the quarter ended June30, 2012 are discussed below.

Wealth management revenue totaled $15.9 million in the second quarter of 2013
compared to $13.4 million in the second quarter of 2012, an increase of
19%.The increase is mostly attributable to growth in assets from new
customers and new financial advisors, as well as an increase in existing
customer activity and market appreciation. 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 June30, 2013, mortgage banking revenue totaled $31.7
million, an increase of $6.1 million or 24%, when compared to the second
quarter of 2012.The increase in mortgage banking revenue in the second
quarter of 2013 as compared to the second quarter of 2012 resulted primarily
from higher origination volumes from both new home purchases, due to the
general improvement in the overall economy (increased housing starts, home
sales and median price of homes) and a continued active refinance
market.Mortgage loan originations were $1.1 billion in the second quarter of
2013 as compared to $853.6 million million in the prior year quarter.In
addition to higher origination volume, pricing also improved creating higher
margins in the current period.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               Six Months Ended
(Dollars in thousands)  June30, 2013 March31, June 30, June 30,   June 30,
                                      2013      2012     2013       2012
Mortgage loans          $1,050,799    $974,432  $853,585 $2,025,231 $1,568,240
originated and sold
Mortgage loans serviced 996,621       1,016,191 980,534            
for others
Fair value of mortgage  8,636         7,344     6,647              
servicing rights (MSRs)
MSRs as a percentage of 0.87%         0.72%     0.68%              
loans serviced

Services charges on deposit accounts totaled $5.0 million in the second
quarter of 2013, an increase of $1.0 million compared to the prior year
quarter.The increase in the current quarter is primarily a result of higher
account analysis fees on deposit accounts which have increased as a result of
the Company's commercial banking initiative as well as additional service
charges on deposit accounts from acquired institutions.

The Company recognized $2,000 in gains on available-for-sale securities in the
second quarter of 2013 compared to gains of $1.1 million in the second quarter
of 2012.The decrease in the current period was due to fewer security sales in
the current quarter as compared to the prior year quarter.

The Company recognized $3.3 million in trading gains in the second quarter of
2013 compared to trading losses of $928,000 in the second quarter of 2012.The
increase in trading gains resulted primarily from fair value adjustments
related to interest rate derivatives not designated as hedges, primarily
interest rate cap instruments that the Company uses to manage interest rate
risk, specifically in the event of future increases in short-term interest
rates.The change in value of the cap derivatives reflects the present value
of expected cash flows over the remaining life of the caps.These expected
cash flows are derived from the expected path for and a measure of volatility
for short-term interest rates.

Fees from covered call option transactions decreased by $2.1 million in the
second 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 second quarter of 2013 compared to the second
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 second quarter of 2013 totaled $7.1 million,
an increase of $2.4 million compared to the second quarter of
2012.Miscellaneous income increased in the second quarter of 2013 compared to
the prior year quarter primarily as a result of higher net gains on CRA
andinvestment partnerships in the current quarter.

NON-INTEREST EXPENSE

Non-interest expense for the second quarter of 2013 totaled $128.2 million and
increased approximately $11.0 million, or 9%, compared to the second quarter
of 2012.The increase was primarily attributable to higher salary and employee
benefit costs and increased equipment and occupancy 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 June 30, $        %
(Dollars in thousands)            2013          2012          Change  Change
Salaries and employee benefits:                                     
Salaries                          $41,671       $37,237       4,434    12
Commissions and bonus             25,143        19,388        5,755    30
Benefits                          12,411        11,514        897      8
Total salaries and employee       79,225        68,139        11,086   16
benefits
Equipment                         6,413         5,466         947      17
Occupancy, net                    8,707         7,728         979      13
Data processing                   4,358         3,840         518      13
Advertising and marketing         2,722         2,179         543      25
Professional fees                 4,191         3,847         344      9
Amortization of other intangible  1,164         1,089         75       7
assets
FDIC insurance                    3,003         3,477         (474)    (14)
OREO expense, net                 2,284         5,848         (3,564)  (61)
Other:                                                              
Commissions - 3rd party brokers   1,128         1,069         59       6
Postage                           1,464         1,330         134      10
Stationery and supplies           887           1,035         (148)    (14)
Miscellaneous                     12,641        12,138        503      4
Total other                       16,120        15,572        548      4
Total Non-Interest Expense        $128,187      $117,185      $11,002  9
                                                                    
                                 Six months ended June 30,   $        %
(Dollars in thousands)            2013          2012          Change  Change
Salaries and employee benefits:                                     
Salaries                          $83,502       $75,170       8,332    11
Commissions and bonus             46,419        36,190        10,229   28
Benefits                          26,817        25,809        1,008    4
Total salaries and employee       156,738       137,169       19,569   14
benefits
Equipment                         12,597        10,866        1,731    16
Occupancy, net                    17,560        15,790        1,770    11
Data processing                   8,957         7,458         1,499    20
Advertising and marketing         4,762         4,185         577      14
Professional fees                 7,412         7,451         (39)     (1)
Amortization of other intangible  2,284         2,138         146      7
assets
FDIC insurance                    6,447         6,834         (387)    (6)
OREO expense, net                 664           13,026        (12,362) (95)
Other:                                                              
Commissions - 3rd party brokers   2,362         2,090         272      13
Postage                           2,713         2,753         (40)     (1)
Stationery and supplies           1,821         1,954         (133)    (7)
Miscellaneous                     23,989        23,230        759      3
Total other                       30,885        30,027        858      3
Total Non-Interest Expense        $248,306      $234,944      $13,362  6

NM - Not Meaningful

The significant changes in non-interest expense for the quarter ended June30,
2013 compared to the quarter ended June30, 2012 are discussed below.

Salaries and employee benefits expense increased $11.1 million, or 16%, in the
second quarter of 2013 compared to the second quarter of 2012 primarily as a
result of a $5.8 million increase in bonus and commissions primarily
attributable to the increase in variable pay based revenue and the Company's
long-term incentive program, a $4.4 million increase in salaries caused by the
addition of employees from the various acquisitions and larger staffing as the
Company grows and an $897,000 increase in employee benefits.

Equipment expense totaled $6.4 million for the second quarter of 2013, an
increase of $947,000 compared to the second 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 second quarter of 2013 was $8.7 million, an increase
of $979,000, or 13%, compared to the same period in 2012.The increase is
primarily the result of depreciation and maintenance and repairs on owned
locations including those obtained in the Company's acquisitions as well as
increased property taxes, partially offset by increased rental
income.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 $518,000 in the second quarter of 2013
totaling $4.4 million compared to $3.8 million recorded in the second 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 expense totaled $2.3 million in the second quarter of 2013 compared to
OREO expense of $5.8 million recorded in the second quarter of 2012.OREO
expense was lower in the current quarter as compared to the second quarter of
2012 due to 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 second quarter of 2013 increased $503,000, or
4%, 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 63.78% for the second quarter of 2013, compared to 61.35% in the
second quarter of 2012.The net overhead ratio, based on pre-tax adjusted
earnings, was 1.51% for the second quarter of 2013, compared to 1.46% in the
second quarter of 2012.Both of these ratios, whichhave increased slightly in
the current quarter as compared to the prior year quarter, are influenced by
the increase in mortgage banking and wealth management businesses which
typically have higher efficiency and overhead ratios than our other business
lines.

ASSET QUALITY

Allowance for Credit Losses, excluding covered loans

                                   Three Months Ended Six Months Ended
                                    June 30,           June 30,
(Dollars in thousands)              2013      2012     2013        2012
Allowance for loan losses at        $110,348  $111,023 $107,351    $110,381
beginning of period
Provision for credit losses         15,133    18,394   30,500      33,548
Other adjustments                   (309)     (272)    (538)       (510)
Reclassification from/(to)
allowance for unfunded              65        175      (148)       327
lending-related commitments
Charge-offs:                                                    
Commercial                          1,093     6,046    5,633       9,308
Commercial real estate              14,947    9,226    18,246      17,455
Home equity                         1,785     1,732    4,182       4,322
Residential real estate             517       388      2,245       563
Premium finance receivables -       1,306     744      2,374       1,581
commercial
Premium finance receivables - life  —         3        —           16
insurance
Indirect consumer                   16        33       48          84
Consumer and other                  112       51       209         361
Total charge-offs                   19,776    18,223   32,937      33,690
Recoveries:                                                     
Commercial                          268       246      563         503
Commercial real estate              584       174      952         305
Home equity                         171       171      333         333
Residential real estate             18        3        23          5
Premium finance receivables -       279       153      564         430
commercial
Premium finance receivables - life  —         18       9           39
insurance
Indirect consumer                   17        21       32          51
Consumer and other                  44        37       138         198
Total recoveries                    1,381     823      2,614       1,864
Net charge-offs                     (18,395)  (17,400) (30,323)    (31,826)
Allowance for loan losses at period $106,842  $111,920 $106,842    $111,920
end
Allowance for unfunded
lending-relatedcommitments at      3,563     12,903   3,563       12,903
period end
Allowance for credit losses at      $110,405  $124,823 $110,405    $124,823
period end
Annualized net charge-offs by
category as a percentage of its own                             
respective category'saverage:
Commercial                          0.11%     0.91%    0.35%       0.71%
Commercial real estate              1.42      1.01     0.87        0.97
Home equity                         0.85      0.76     1.01        0.95
Residential real estate             0.26      0.20     0.59        0.16
Premium finance receivables -       0.20      0.14     0.18        0.15
commercial
Premium finance receivables - life  —         —        —           —
insurance
Indirect consumer                   (0.01)    0.07     0.05        0.10
Consumer and other                  0.24      0.05     0.12        0.27
Total loans, net of unearned        0.59%     0.62%    0.49%       0.58%
income, excluding covered loans
Net charge-offs as a percentage of  121.57%   94.60%   99.42%      94.87%
theprovision for credit losses
Loans at period-end                                  $12,516,892 $11,202,842
Allowance for loan losses as a                       0.85%       1.00%
percentage of loans at period end
Allowance for credit losses as a                     0.88%       1.11%
percentage of loans 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 $15.1 million for the second quarter of 2013, $15.4 million
for the first quarter of 2013 and $18.4 million for the second quarter of
2012. For the quarter ended June30, 2013, net charge-offs, excluding covered
loans, totaled $18.4 million compared to $11.9 million in the first quarter of
2013 and $17.4 million recorded in the second quarter of 2012. Annualized net
charge-offs as a percentage of average loans, excluding covered loans, were
0.59% in the second quarter of 2013, 0.39% in the first quarter of 2013 and
0.62% in the second quarter of 2012. Net charge-offs increased in the second
quarter of 2013 compared to the first quarter of 2013 primarily as a result of
an $11.4 million increase in net charge-offs within the commercial real estate
loan portfolio, offset by a $3.4 million decrease within the commercial loan
portfolio and a $1.2 million decrease within the residential real estate loan
portfolio. The increased level of net charge-offs in the second quarter of
2013 compared to the first quarter of 2013 resulted in a $2.7 million decrease
in ASC 310 reserves (specific reserves) for the period.

The allowance for unfunded lending-related commitments totaled $3.6 million as
of June 30, 2013 compared to $15.3 million as of March 31, 2013 and $12.9
million as of June 30, 2012.The decrease since both periods was primarily
attributable to the funding in the second quarter of 2013 of a letter of
credit, which individually resulted in a decrease of $11.7 million in the
allowance for unfunded lending-related commitments.The lower level of the
allowance for credit losses in 2013, reflects 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 summarize the calculation of allowance for loan losses for
the Company's core loan portfolio and consumer, niche and purchased loan
portfolio as of June30, 2013 and March31, 2013.

                                 As of June 30, 2013
                                                        Asapercentage
                                  Recorded    Calculated ofitsownrespective
(Dollars in thousands)            Investment  Allowance  category's balance
Commercial:                                            
Commercial and industrial ^(1)    $1,422,688  $15,871    1.12%
Asset-based lending ^(1)          919,212     7,811      0.85
Municipal ^(1)                    151,008     1,233      0.82
Leases ^(1)                       101,807     255        0.25
Other ^(1)                        98          1          1.02
Commercial real-estate:                                
Residential construction ^(1)     38,885      1,219      3.13
Commercial construction ^(1)      137,518     2,102      1.53
Land ^(1)                         115,452     3,603      3.12
Office ^(1)                       578,984     6,055      1.05
Industrial ^(1)                   609,211     6,065      1.00
Retail ^(1)                       589,845     5,459      0.93
Multi-family ^(1)                 495,484     11,697     2.36
Mixed use and other ^(1)          1,276,746   15,135     1.19
Home equity ^(1)                  733,777     14,173     1.93
Residential real-estate ^(1)      367,573     4,813      1.31
Total core loan portfolio         $7,538,288  $95,492    1.27%
Commercial:                                            
Franchise                         $202,240    $1,647     0.81%
Mortgage warehouse lines of       174,422     1,571      0.90
credit
Community Advantage - homeowner   83,003      208        0.25
associations
Aircraft                          13,174      33         0.25
Purchased non-covered commercial  52,924      107        0.20
loans ^(2)
Commercial real-estate:                                
Purchased non-covered commercial  251,858     615        0.24
real-estate ^(2)
Purchased non-covered home equity 24,483      32         0.13
^(2)
Purchased non-covered residential 17,388      12         0.07
real-estate ^(2)
Premium finance receivables                            
U.S. commercial insurance loans   1,900,889   4,632      0.24
Canada commercial insurance loans 264,845     200        0.08
^(2)
Life insurance loans ^(1)         1,346,697   436        0.03
Purchased life insurance loans    474,450     —          —
^(2)
Indirect consumer                 64,521      263        0.41
Consumer and other ^(1)           98,830      1,580      1.60
Purchased non-covered consumer    8,880       14         0.16
and other ^(2)
Total consumer, niche and         $4,978,604  $11,350    0.23%
purchased loan portfolio
Total loans, net of unearned      $12,516,892 $106,842   0.85%
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 of March 31, 2013
                                                        Asapercentage
                                  Recorded    Calculated ofitsownrespective
(Dollars in thousands)            Investment  Allowance  category's balance
Commercial:                                            
Commercial and industrial ^(1)    $1,555,054  $18,229    1.17%
Asset-based lending ^(1)          684,327     6,307      0.92
Municipal ^(1)                    89,508      880        0.98
Leases ^(1)                       97,337      261        0.27
Other ^(1)                        127         1          0.79
Commercial real-estate:                                
Residential construction ^(1)     36,669      1,200      3.27
Commercial construction ^(1)      161,828     2,749      1.70
Land ^(1)                         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 - homeowner   82,763      207        0.25
associations
Aircraft                          14,112      74         0.52
Purchased non-covered commercial  22,986      50         0.22
loans ^(2)
Commercial real-estate:                                
Purchased non-covered commercial  195,610     416        0.21
real-estate ^(2)
Purchased non-covered home equity 13,248      20         0.15
^(2)
Purchased non-covered residential 5,953       7          0.12
real-estate ^(2)
Premium finance receivables                            
U.S. commercial insurance loans   1,755,064   5,402      0.31
Canada commercial insurance loans 242,096     167        0.07
^(2)
Life insurance loans ^(1)         1,253,781   502        0.04
Purchased life insurance loans    499,731     —          —
^(2)
Indirect consumer                 69,245      277        0.40
Consumer and other ^(1)           91,322      1,369      1.50
Purchased non-covered consumer    6,043       9          0.15
and other ^(2)
Total consumer, niche and         $4,578,435  $11,443    0.25%
purchased loan portfolio
Total loans, net of unearned      $11,900,312 $110,348   0.93%
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 andconsumer, niche and
purchasedloans. A summary of the allowance for loan losses calculated for the
loan components in both the core loan portfolio and theconsumer, niche and
purchasedloan portfolio was shown on the previous pages as of June30, 2013
and March31, 2013. The allowance for loan losses to core loans was 1.27%
compared to 0.23% forconsumer, niche andpurchasedloans and 0.85% for the
entire loan portfolio as of June 30, 2013.As of March 31, 2013, the allowance
for loan losses to core loans was 1.35% compared to 0.25% forconsumer, niche
and purchasedloans and 0.93% for the entire loan portfolio.

The decrease in the total allowance for loan losses to total loans and the
allowance for loan losses to core loans in the second quarter of 2013 compared
to the first quarter of 2013 was primarily attributable to a $2.7 million
decrease in ASC 310 reserves (specific reserves)on the core portfolio.

ASC 450 reserve (general reserves) as a percentage of core loans was 1.14% at
June 30, 2013 and 1.19% at March 31, 2013.This decrease was attributable to a
slight decrease in the ASC 450 reserve factors, which are influenced by
declining historical charge-offs.

The table below shows the aging of the Company's loan portfolio at June30,
2013:

                           90+ days  60-89   30-59              
As of June 30,              and still days    days               
2013                                   past    past
(Dollars in       Nonaccrual accruing  due     due     Current     Total Loans
thousands)
Loan Balances:                                                
Commercial                                                    
Commercial and    $15,432    $—        $2,940  $9,933  $1,423,823  $1,452,128
industrial
Franchise         —          —         —       450     201,790     202,240
Mortgage
warehouse lines   —          —         —       —       174,422     174,422
of credit
Community
Advantage -       —          —         —       —       83,003      83,003
homeowners
association
Aircraft          —          —         —       —       13,174      13,174
Asset-based       1,816      100       2,305   7,127   919,106     930,454
lending
Municipal         —          —         —       —       151,492     151,492
Leases            —          —         —       —       102,409     102,409
Other             —          —         —       —       98          98
Purchased
non-covered       —          190       —       1,632   9,334       11,156
commercial ^(1)
Total commercial  17,248     290       5,245   19,142  3,078,651   3,120,576
Commercial                                                    
real-estate
Residential       2,659      3,263     379     —       32,998      39,299
construction
Commercial        7,857      —         1,271   70      128,845     138,043
construction
Land              5,742      —         330     4,141   106,640     116,853
Office            6,324      —         4,210   2,720   584,503     597,757
Industrial        5,773      —         4,597   4,984   600,147     615,501
Retail            7,471      —         1,760   2,031   596,129     607,391
Multi-family      3,337      —         401     3,149   526,681     533,568
Mixed use and     15,662     —         2,183   10,379  1,349,936   1,378,160
other
Purchased
non-covered       —          6,466     3,430   6,226   51,289      67,411
commercial
real-estate ^(1)
Total commercial  54,825     9,729     18,561  33,700  3,977,168   4,093,983
real-estate
Home equity       12,322     25        2,085   5,821   738,007     758,260
Residential real  10,213     —         1,896   1,836   368,696     382,641
estate
Purchased
non-covered       —          —         46      260     2,014       2,320
residential real
estate ^(1)
Premium finance                                               
receivables
Commercial        13,605     6,671     6,592   11,386  2,127,480   2,165,734
insurance loans
Life insurance    16         1,212     7,896   —       1,337,573   1,346,697
loans
Purchased life
insurance loans   —          —         —       —       474,450     474,450
^(1)
Indirect consumer 91         217       28      428     63,757      64,521
Consumer and      1,677      —         484     156     105,055     107,372
other
Purchased
non-covered       —          28        —       —       310         338
consumer and
other ^(1)
Total loans, net
of unearned       $109,997   $18,172   $42,833 $72,729 $12,273,161 $12,516,892
income, excluding
covered loans
Covered loans     3,982      97,000    10,568  4,852   338,200     454,602
Total loans, net
of unearned       $113,979   $115,172  $53,401 $77,581 $12,611,361 $12,971,494
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:                and still dayspast dayspast
                  Nonaccrual accruing  due       due       Current TotalLoans
Commercial                                                    
Commercial and    1.1%       —%        0.2%      0.7%      98.0%   100.0%
industrial
Franchise         —          —         —         0.2       99.8    100.0
Mortgage
warehouse lines   —          —         —         —         100.0   100.0
of credit
Community
Advantage -       —          —         —         —         100.0   100.0
homeowners
association
Aircraft          —          —         —         —         100.0   100.0
Asset-based       0.2        —         0.2       0.8       98.8    100.0
lending
Municipal         —          —         —         —         100.0   100.0
Leases            —          —         —         —         100.0   100.0
Other             —          —         —         —         100.0   100.0
Purchased
non-covered       —          1.7       —         14.6      83.7    100.0
commercial^(1)
Total commercial  0.6        —         0.2       0.6       98.6    100.0
Commercial                                                    
real-estate
Residential       6.8        8.3       1.0       —         83.9    100.0
construction
Commercial        5.7        —         0.9       0.1       93.3    100.0
construction
Land              4.9        —         0.3       3.5       91.3    100.0
Office            1.1        —         0.7       0.5       97.7    100.0
Industrial        0.9        —         0.7       0.8       97.6    100.0
Retail            1.2        —         0.3       0.3       98.2    100.0
Multi-family      0.6        —         0.1       0.6       98.7    100.0
Mixed use and     1.1        —         0.2       0.8       97.9    100.0
other
Purchased
non-covered       —          9.6       5.1       9.2       76.1    100.0
commercial
real-estate^(1)
Total commercial  1.3        0.2       0.5       0.8       97.2    100.0
real-estate
Home equity       1.6        —         0.3       0.8       97.3    100.0
Residential real  2.7        —         0.5       0.5       96.3    100.0
estate
Purchased
non-covered       —          —         2.0       11.2      86.8    100.0
residential real
estate^(1)
Premium finance                                               
receivables
Commercial        0.6        0.3       0.3       0.5       98.3    100.0
insurance loans
Life insurance    —          0.1       0.6       —         99.3    100.0
loans
Purchased life
insurance loans   —          —         —         —         100.0   100.0
^(1)
Indirect consumer 0.1        0.3       —         0.7       98.9    100.0
Consumer and      1.6        —         0.5       0.1       97.8    100.0
other
Purchased
non-covered       —          8.3       —         —         91.7    100.0
consumer and
other^(1)
Total loans, net
of unearned       0.9%       0.1%      0.3%      0.6%      98.1%   100.0%
income, excluding
covered loans
Covered loans     0.9        21.3      2.3       1.1       74.4    100.0
Total loans, net
of unearned       0.9%       0.9%      0.4%      0.6%      97.2%   100.0%
income

As of June30, 2013, $42.8 million of all loans, excluding covered loans, or
0.3%, were 60 to 89 days past due and $72.7 million, or 0.6%, were 30 to 59
days (or one payment) past due. 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. 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 June30, 2013 that are current
with regard to the contractual terms of the loan agreement represent 97.3% of
the total home equity portfolio. Residential real estate loans at June30,
2013 that are current with regards to the contractual terms of the loan
agreements comprise 96.3% 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 at March31,
2013:

                           90+ days 60-89   30-59               
As of March 31,             and      days    days                
2013                         still    past    past
(Dollars in       Nonaccrual accruing due     due      Current     Total Loans
thousands)
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 lines   —          —        —       —        131,970     131,970
of credit
Community
Advantage -       —          —        —       —        82,763      82,763
homeowners
association
Aircraft          —          —        —       —        14,112      14,112
Asset-based       531        —        483     5,518    680,723     687,255
lending
Municipal         —          —        —       —        89,508      89,508
Leases            —          —        —       844      97,186      98,030
Other             —          —        —       —        127         127
Purchased
non-covered       —          449      —       —        4,394       4,843
commercial^(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     18,947     —        1,573   13,560   1,288,754   1,322,834
other
Purchased
non-covered       —          1,866    251     3,333    49,367      54,817
commercial
real-estate^(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       —          —        198     —        635         833
residential real
estate ^(1)
Premium finance                                               
receivables
Commercial        12,068     7,677    4,647   19,323   1,953,445   1,997,160
insurance loans
Life insurance    20         2,256    —       1,340    1,250,165   1,253,781
loans
Purchased life
insurance loans   —          —        —       —        499,731     499,731
^(1)
Indirect consumer 95         145      127     221      68,657      69,245
Consumer and      1,695      —        160     493      92,379      94,727
other
Purchased
non-covered       —          —        —       20       2,618       2,638
consumer and
other ^(1)
Total loans, net
of unearned       $118,555   $12,393  $38,203 $102,056 $11,629,105 $11,900,312
income, excluding
covered loans
Covered loans     1,820      115,482  1,454   12,268   387,637     518,661
Total loans, net
of unearned       $120,375   $127,875 $39,657 $114,324 $12,016,742 $12,418,973
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    1.1%       —%        0.1%      1.1%      97.7%   100.0%
industrial
Franchise         0.1        —         —         —         99.9    100.0
Mortgage
warehouse lines   —          —         —         —         100.0   100.0
of credit
Community
Advantage -       —          —         —         —         100.0   100.0
homeowners
association
Aircraft          —          —         —         —         100.0   100.0
Asset-based       0.1        —         0.1       0.8       99.0    100.0
lending
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     1.4        —         0.1       1.0       97.5    100.0
other
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        0.6        0.4       0.2       1.0       97.8    100.0
insurance loans
Life insurance    —          0.2       —         0.1       99.7    100.0
loans
Purchased life
insurance loans   —          —         —         —         100.0   100.0
^(1)
Indirect consumer 0.1        0.2       0.2       0.3       99.2    100.0
Consumer and      1.8        —         0.2       0.5       97.5    100.0
other
Purchased
non-covered       —          —         —         0.8       99.2    100.0
consumer and
other ^(1)
Total loans, net
of unearned       1.0%       0.1%      0.3%      0.9%      97.7%   100.0%
income, excluding
covered loans
Covered loans     0.4        22.3      0.3       2.4       74.6    100.0
Total loans, net
of unearned       1.0%       1.0%      0.3%      0.9%      96.8%   100.0%
income

Non-performing Assets, excluding covered assets

The following table sets forth Wintrust's non-performing assets and troubled
debt restructurings("TDRs") performing under the contractual terms of the
loan agreement, excluding covered assets and purchased non-covered loans
acquired with evidence of credit quality deterioration since origination, at
the dates indicated.

                                                  June 30, March 31, June 30,
(Dollars in thousands)                             2013     2013      2012
Loans past due greater than 90 days and still                       
accruing^(1):
Commercial                                         $100     $—        $—
Commercial real-estate                             3,263    —         —
Home equity                                        25       —         —
Residential real-estate                            —        —         —
Premium finance receivables - commercial           6,671    7,677     5,184
Premium finance receivables - life insurance       1,212    2,256     —
Indirect consumer                                  217      145       234
Consumer and other                                 —        —         —
Total loans past due greater than 90 days and      11,488   10,078    5,418
still accruing
Non-accrual loans^(2):                                              
Commercial                                         17,248   18,373    30,473
Commercial real-estate                             54,825   61,807    56,077
Home equity                                        12,322   14,891    10,583
Residential real-estate                            10,213   9,606     9,387
Premium finance receivables - commercial           13,605   12,068    7,404
Premium finance receivables - life insurance       16       20        —
Indirect consumer                                  91       95        132
Consumer and other                                 1,677    1,695     1,446
Total non-accrual loans                            109,997  118,555   115,502
Total non-performing loans:                                         
Commercial                                         17,348   18,373    30,473
Commercial real-estate                             58,088   61,807    56,077
Home equity                                        12,347   14,891    10,583
Residential real-estate                            10,213   9,606     9,387
Premium finance receivables - commercial           20,276   19,745    12,588
Premium finance receivables - life insurance       1,228    2,276     —
Indirect consumer                                  308      240       366
Consumer and other                                 1,677    1,695     1,446
Total non-performing loans                         $121,485 $128,633  $120,920
Other real estate owned                            46,169   50,593    66,532
Other real estate owned - obtained in acquisition  10,856   5,584     6,021
Other repossessed assets                           1,032    4,315     —
Total non-performing assets                        $179,542 $189,125  $193,473
TDRs performing under the contractual terms of the 93,810   97,122    156,590
loan agreement
Total non-performing loans by category as a
percent ofits own respective category's                            
period-end balance:
Commercial                                         0.56%    0.64%     1.14%
Commercial real-estate                             1.42     1.55      1.53
Home equity                                        1.63     1.96      1.29
Residential real-estate                            2.65     2.66      2.50
Premium finance receivables - commercial           0.94     0.99      0.69
Premium finance receivables - life insurance       0.07     0.13      —
Indirect consumer                                  0.48     0.35      0.51
Consumer and other                                 1.56     1.74      1.34
Total loans, net of unearned income                0.97%    1.08%     1.08%
Total non-performing assets as a percentageof     1.02%    1.11%     1.17%
total assets
Allowance for loan losses as a percentage oftotal 87.95%   85.79%    92.56%
non-performing loans

(1)As of the dates shown, no TDRs were past due greater than 90 days and
still accruing interest.

(2)Non-accrual loans included TDRs totaling $32.4 million, $19.2 million, and
$15.7 million as of June 30, 2013,March 31, 2013, and June 30, 2012,
respectively.

Non-performing Commercial and Commercial Real Estate

Commercial non-performing loans totaled $17.3 million as of June30, 2013
compared to $18.4 million as of March31, 2013 and $30.5 million as of
June30, 2012. Commercial real estate non-performing loans totaled $58.1
million as of June30, 2013 compared to $61.8 million as of March31, 2013 and
$56.1 million as of June30, 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 $22.6
million as of June30, 2013.The balance decreased $1.9 million from March31,
2013 and increased $2.6 million from June30, 2012.The June30, 2013
non-performing balance is comprised of $10.2 million of residential real
estate (56 individual credits) and $12.3 million of home equity loans (59
individual credits).On average, this is approximately 8 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 June30, 2013 and 2012, and the amount of
net charge-offs for the quarters then ended.

                                                            June 30, June 30,
(Dollars in thousands)                                       2013     2012
Non-performing premium finance receivables--commercial     $20,276  $12,588
- as a percent of premium finance receivables - commercial   0.94%    0.69%
outstanding
Net charge-offs of premium finance receivables - commercial  $1,027   $591
- annualized as a percent of average premium finance         0.20%    0.14%
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 threemonth periods
ending June30, 2013 and 2012:

                                         Three Months Ended Six Months Ended
                                         June 30,  June 30, June 30, June 30,
(Dollars in thousands)                    2013      2012     2013     2012
Balance at beginning of period            $128,633  $113,621 $118,083 $120,084
Additions, net                            21,348    35,860   49,378   53,727
Return to performing status               (817)     (1,116)  (817)    (2,038)
Payments received                         (10,552)  (9,823)  (14,673) (14,463)
Transfer to OREO and other repossessed    (5,271)   (6,555)  (12,161) (13,156)
assets
Charge-offs                               (11,325)  (11,637) (20,473) (22,944)
Net change for niche loans ^(1)           (531)     570      2,148    (290)
Balance at end of period                  $121,485  $120,920 $121,485 $120,920

(1) This includes activity for premium finance receivables and indirect
consumer loans.

TDRs

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

                                                  June 30, March 31, June 30,
(Dollars in thousands)                             2013     2013      2012
Accruing TDRs:                                                      
Commercial                                         $7,316   $9,073    $21,478
Commercial real estate                             82,072   83,396    128,662
Residential real estate and other                  4,422    4,653     6,450
Total accrual                                      $93,810  $97,122   $156,590
Non-accrual TDRs: ^(1)                                              
Commercial                                         $1,904   $2,764    $1,562
Commercial real estate                             28,552   14,907    13,215
Residential real estate and other                  1,930    1,552     939
Total non-accrual                                  $32,386  $19,223   $15,716
Total TDRs:                                                         
Commercial                                         $9,220   $11,837   $23,040
Commercial real estate                             110,624  98,303    141,877
Residential real estate and other                  6,352    6,205     7,389
Total TDRs                                         $126,196 $116,345  $172,306
Weighted-average contractual interest rate of TDRs 4.06%    4.14%     4.19%

(1) Included in total non-performing loans.

At June30, 2013, the Company had $126.2 million in loans modified in
TDRs.The $126.2 million in TDRs represents 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 increased from
$116.3 million representing 167 credits at March 31, 2013 and decreased from
$172.3 million representing 185 credits at June 30, 2012.The $9.9 million
increase in the second quarter of 2013 compared to the first quarter of 2013
was primarily attributable to two credit relationships totaling $12.6 million
determined to be non-accrual TDRs during the period.

The table below presents a summary of TDRs as of June30, 2013 and June30,
2012, and shows the changes in the balance during the periods presented:

Three Months Ended June30, 2013

                                                          Residential
(Dollars in thousands)                        Commercial  Real Estate
                                   Commercial Real Estate and Other   Total
Balance at beginning of period     $11,837    $98,303     $6,205      $116,345
Additions during the period        —          14,067      401         14,468
Reductions:                                                        
Charge-offs                        (27)      (371)      (240)      (638)
Transferred to OREO and other      —          (670)       —           (670)
repossessed assets
Removal of TDR loan status ^(1)    (2,231)   —           —           (2,231)
Payments received                  (359)     (705)      (14)       (1,078)
Balance at period end              $9,220     $110,624    $6,352      $126,196

Three Months Ended June 30, 2012

                                                          Residential
(Dollars in thousands)                        Commercial  RealEstate
                                   Commercial Real Estate and Other   Total
Balance at beginning of period     $10,789    $146,321    $7,936      $165,046
Additions during the period        12,765     7,860       29          20,654
Reductions:                                                        
Charge-offs                        (161)      (1,316)     (294)       (1,771)
Transferred to OREO and other      —          —           —           —
repossessed assets
Removal of TDR loan status ^(1)    (200)      (1,414)     (273)       (1,887)
Payments received                  (153)      (9,574)     (9)         (9,736)
Balance at period end              $23,040    $141,877    $7,389      $172,306

(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.

Six Months Ended June30, 2013

                                                          Residential
(Dollars in thousands)                        Commercial  RealEstate
                                   Commercial Real Estate and Other   Total
Balance at beginning of period     $17,995    $102,415    $6,063      $126,473
Additions during the period        708        15,259      778         16,745
Reductions:                                                        
Charge-offs                        (2,169)    (1,743)     (257)       (4,169)
Transferred to OREO and other      (3,800)    (837)       (103)       (4,740)
repossessed assets
Removal of TDR loan status ^(1)    (2,840)    —           —           (2,840)
Payments received                  (674)      (4,470)     (129)       (5,273)
Balance at period end              $9,220     $110,624    $6,352      $126,196

Six Months Ended June30, 2012

                                                          Residential
(Dollars in thousands)                        Commercial  RealEstate
                                   Commercial Real Estate and Other   Total
Balance at beginning of period     $10,834    $112,796    $6,888      $130,518
Additions during the period        12,883     46,379      1,089       60,351
Reductions:                                                        
Charge-offs                        (161)      (2,658)     (294)       (3,113)
Transferred to OREO and other      —          (2,129)     —           (2,129)
repossessed assets
Removal of TDR loan status ^(1)    (200)      (1,877)     (273)       (2,350)
Payments received                  (316)      (10,634)    (21)        (10,971)
Balance at period end              $23,040    $141,877    $7,389      $172,306

(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, excluding those acquired with
evidence of credit quality deterioration since origination,is built on its
credit risk rating system which requires credit management personnel to assign
a credit risk rating to each loan at the time of each modification. 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 and/or concurrence credit officer. 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, excluding those acquired with evidence of credit
quality deterioration since origination, 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 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, excluding those
acquired with evidence of credit quality deterioration since origination,
where the credit risk rating is five or better both before and after such
modificationis not considered to be a TDR. 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.

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. Loans
classified as TDRs that are re-modified subsequent to the initial
determination will continue to be classified as TDRs following the
re-modification, unless the requirements for removal from TDR classification
discussed above are satisfied at the time of the re-modification.

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. The Company, in
accordance with ASC 310-10, continues to individually measure impairment of
these loans after the TDR classification is removed.

Each TDR was reviewed for impairment at June 30, 2013 and approximately $4.0
million of impairment was present and appropriately reserved for through the
Company's normal reserving methodology in the Company's allowance for loan
losses.For TDRs in which impairment is calculated by the present value of
future cash flows, the Company records interest income representing the
decrease in impairment resulting from the passage of time during the
respective period, which differs from interest income from contractually
required interest on these specific loans. For the three months ended June 30,
2013 and 2012, the Company recorded $296,000 and $272,000, respectively, in
interest income representing this decrease in impairment. For the six months
ended June 30, 2013 and 2012, the Company recorded $522,000 and $510,000,
respectively, in interest income representing this decrease in impairment.

Other Real Estate Owned

The table below presents a summary of other real estate owned, excluding
covered other real estate owned, as of June 30, 2013 and shows the activity
for the respective period and the balance for each property type:

                                              Three Months Ended
                                              June 30, March 31, June 30,
(Dollars in thousands)                         2013     2013      2012
Balance at beginning of period                 $56,177  $62,891   $76,236
Disposals/resolved                             (9,488)  (7,498)   (7,523)
Transfers in at fair value, less costs to sell 7,262    2,128     8,850
Additions from acquisition                     6,818    —         —
Fair value adjustments                         (3,744)  (1,344)   (5,010)
Balance at end of period                       $57,025  $56,177   $72,553
                                                               
                                              Period End
                                              June 30, March 31, June 30,
Balance by Property Type                       2013     2013      2012
Residential real estate                        $7,327   $7,312    $7,830
Residential real estate development            6,950    10,133    13,464
Commercial real estate                         42,748   38,732    51,259
Total                                          $57,025  $56,177   $72,553

Other Repossessed Assets

At June 30, 2013, the Company had $1.0 million of other repossessed assets
compared to $4.3 million as of March 31, 2013. The decrease in other
repossessed assets during the period was primarily attributable to the sale in
the second quarter of 2013 of an airplane repossessed at a fair value of $3.8
million in the first quarter of 2013.

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.

                                                  June 30, March 31, June 30,
(Dollars in thousands)                             2013     2013      2012
Period End Balances:                                                
Loans                                              $454,602 $518,661  $614,062
Other real estate owned                            95,476   72,240    34,860
Other assets                                       2,272    681       916
FDIC Indemnification asset                         137,681  170,696   222,568
Total covered assets                               $690,031 $762,278  $872,406
Allowance for Covered Loan Losses Rollforward:                      
Balance at beginning of quarter:                   $12,272  $13,454   $17,735
Provision for covered loan losses before benefit   1,246    1,600     11,591
attributable to FDIC loss share agreements
Benefit attributable to FDIC loss share agreements (997)    (1,280)   (9,294)
Net provision for covered loan losses              249      320       2,297
Increase (decrease) in FDIC indemnification asset  997      1,280     9,294
Loans charged-off                                  (2,266)  (2,791)   (8,793)
Recoveries of loans charged-off                    3,177    9         27
Net charge-offs                                    911      (2,782)   (8,766)
Balance at end of quarter                          $14,429  $12,272   $20,560

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
                       June 30, 2013               June 30, 2012
                                   LifeInsurance              LifeInsurance
                       Bank         Premium        Bank         Premium
(Dollars in thousands) Acquisitions FinanceLoans  Acquisitions FinanceLoans
Accretable yield,      $121,725     $11,218        $182,222     $15,848
beginning balance
Acquisitions           2,055        —              —            —
Accretable yield
amortized to interest  (9,347)      (2,254)        (13,387)     (2,749)
income
Accretable yield
amortized to           (11,906)     —              (18,063)     —
indemnification
asset^(1)
Reclassification from
non-accretable         30,792       1,007          7,590        1,145
difference^(2)
(Decreases) increases
in interest cash flows
due to payments and    (2,463)      316            13,439       382
changes in interest
rates
Accretable yield,      $130,856     $10,287        $171,801     $14,626
ending balance ^(3)

                                                 
                      Six Months Ended            Six Months Ended
                       June 30, 2013               June 30, 2012
                                   LifeInsurance              LifeInsurance
                       Bank         Premium        Bank         Premium
(Dollars in thousands) Acquisitions FinanceLoans  Acquisitions FinanceLoans
Accretable yield,      $143,224     $13,055        $173,120     $18,861
beginning balance
Acquisitions           1,977        —              2,288        —
Accretable yield
amortized to interest  (18,924)     (4,273)        (28,279)     (6,486)
income
Accretable yield
amortized to           (20,612)     —              (39,440)     —
indemnification
asset^(1)
Reclassification from
non-accretable         36,204       1,007          49,191       1,145
difference^(2)
(Decreases) increases
in interest cash flows
due to payments and    (11,013)     498            14,921       1,106
changes in interest
rates
Accretable yield,      $130,856     $10,287        $171,801     $14,626
ending 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 June30, 2013, the Company estimates that the remaining
accretable yield balance to be amortized to the indemnification asset for the
bank acquisitions is $52.2 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

On May 1, 2013, the Company completed its acquisition ofFirst Lansing
Bancorp, Inc. ("FLB").FLB was the parent company of First National Bank of
Illinois ("FNBI").FNBI is headquartered in Lansing, Illinois and operates
seven banking locations in the south and southwest suburbs of Chicago, as well
as one location in northwest Indiana. As part of the transaction, First
Lansing Bancorp merged into the Company's wholly-owned subsidiary bank, Old
Plank Trail Community Bank, N.A. ("Old Plank Trail Bank"), and the seven
banking locations acquired are operating as branches of Old Plank Trail Bank.
FNBI had approximately $365 million in assets and approximately $323 million
in deposits as of the acquisition date, prior to purchase accounting
adjustments.

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"page 43for 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.

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, Joliet, Lake Bluff, Lake
Villa, Lansing, Lindenhurst, Lynwood, McHenry, Mokena, Mount Prospect,
Mundelein, Naperville, North Chicago, Northfield, Norridge, Orland Park,
Palatine, Park Ridge, Plainfield, Prospect Heights, Ravinia, Riverside, Rogers
Park, Roselle, Shorewood, Skokie, South Holland, Spring Grove, Steger, Vernon
Hills, Wauconda, Western Springs, Willowbrook, Winnetka and Wood Dale and in
Delafield, Elm Grove, Madison, Menomenee Falls and Wales, Wisconsin and Dyer,
Indiana.

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 10:00 a.m. (CT) Wednesday, July 17,
2013 regarding second quarter 2013 results. Individuals interested in
listening should call (877)363-5049 and enter Conference ID #12571968. 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 second 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
                June 30,     March 31,   December 31, September   June 30,
                                                       30,
                2013         2013        2012         2012        2012
Selected
Financial
Condition Data                                                 
(at end of
period):
Total assets     $17,613,546  $17,074,247 $17,519,613  $17,018,592 $16,576,282
Total loans,
excluding        12,516,892   11,900,312  11,828,943   11,489,900  11,202,842
covered loans
Total deposits   14,365,854   13,962,757  14,428,544   13,847,965  13,057,581
Junior
subordinated     249,943      249,493     249,493      249,493     249,493
debentures
Total
shareholders'    1,836,660    1,825,688   1,804,705    1,761,300   1,722,074
equity
Selected
Statements of                                                  
Income Data:
Net interest     135,824      130,713     132,776      132,575     128,270
income
Net revenue ^(1) 199,819      188,092     197,965      195,520     179,205
Pre-tax adjusted 70,920       68,263      72,441       69,436      68,928
earnings ^(2)
Net income       34,307       32,052      30,089       32,302      25,595
Net income per
common share –   $0.85        $0.80       $0.75        $0.82       $0.63
Basic
Net income per
common share –   $0.69        $0.65       $0.61        $0.66       $0.52
Diluted
Selected
Financial Ratios                                               
and Other Data:
Performance                                                    
Ratios:
Net interest     3.50%        3.41%       3.40%        3.50%       3.51%
margin ^(2)
Non-interest
income to        1.49%        1.35%       1.50%        1.50%       1.26%
average assets
Non-interest
expense to       2.97%        2.82%       2.99%        2.97%       2.89%
average assets
Net overhead     1.49%        1.47%       1.48%        1.47%       1.63%
ratio ^(2) (3)
Net overhead
ratio - pre-tax
adjusted         1.51%        1.47%       1.39%        1.50%       1.46%
earnings ^(2)
(3)
Efficiency ratio 63.97%       63.78%      66.13%       63.67%      65.63%
- FTE ^(2) (4)
Efficiency ratio
- pre-tax
adjusted         63.78%       63.46%      62.62%       63.31%      61.35%
earnings ^(2)
(4)
Return on        0.80%        0.75%       0.69%        0.77%       0.63%
average assets
Return on
average common   7.55%        7.27%       6.79%        7.57%       6.08%
equity
Return on
average tangible 9.70%        9.35%       8.71%        9.78%       7.80%
common equity
Average total    $17,283,985  $17,256,843 $17,248,650  $16,705,429 $16,319,207
assets
Average total
shareholders'    1,859,265    1,818,127   1,786,824    1,736,740   1,695,440
equity
Average loans to
average deposits 88.7%        86.6%       85.6%        89.3%       88.2%
ratio
Average loans to
average deposits 92.2         90.4        90.0         93.8        93.4
ratio (including
covered loans)
Common Share
Data at end of                                                 
period:
Market price per $38.28       $37.04      $36.70       $37.57      $35.50
common share
Book value per
common share     $37.84       $38.13      $37.78       $37.25      $35.86
^(2)
Tangible common
book value per   $29.25       $29.74      $29.28       $28.93      $27.69
share ^(2)
Common shares    37,725,143   37,013,707  36,861,956   36,411,382  36,340,843
outstanding
Other Data at
end of                                                         
period:^(8)
Leverage         10.4%        10.2%       10.0%        10.2%       10.2%
Ratio^(5)
Tier 1 Capital
to risk-weighted 12.0%        12.4%       12.1%        12.2%       12.2%
assets ^(5)
Total capital to
risk-weighted    12.8%        13.5%       13.1%        13.3%       13.4%
assets ^(5)
Tangible common
equity ratio     7.4%         7.7%        7.4%         7.4%        7.4%
(TCE) ^(2) (7)
Tangible common
equity ratio,
assuming full    8.5%         8.8%        8.4%         8.4%        8.4%
conversion of
preferred stock
^(2) (7)
Allowance for
credit losses    $110,405     $125,635    $121,988     $124,914    $124,823
^(6)
Non-performing   121,485      128,633     118,083      117,891     120,920
loans
Allowance for
credit losses to 0.88%        1.06%       1.03%        1.09%       1.11%
total loans ^(6)
Non-performing
loans to total   0.97%        1.08%       1.00%        1.03%       1.08%
loans
Number of:                                                     
Bank             15           15          15           15          15
subsidiaries
Non-bank         8            8           8            8           8
subsidiaries
Banking offices  117          108         111          109         100
                                                              
(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)
                  June 30,    March 31,   December    September   June 30,
                                           31,         30,
(In thousands)     2013        2013        2012        2012        2012
Assets                                                         
Cash and due from  $224,286    $199,575    $284,731    $186,752    $176,529
banks
Federal funds sold
and securities     9,013       13,626      30,297      26,062      15,227
purchased under
resale agreements
Interest-bearing
deposits with      440,656     685,302     1,035,743   934,430     1,117,888
other banks
Available-for-sale
securities, at     1,843,824   1,870,831   1,796,076   1,256,768   1,196,702
fair value
Trading account    659         1,036       583         635         608
securities
Federal Home Loan
Bank and Federal   79,354      76,601      79,564      80,687      92,792
Reserve Bank
stock, at cost
Brokerage customer 26,214      25,614      24,864      30,633      31,448
receivables
Mortgage loans
held-for-sale, at  525,027     370,570     385,033     548,300     511,566
fair value
Mortgage loans
held-for-sale, at  12,964      10,352      27,167      21,685      14,538
lower of cost or
market
Loans, net of
unearned income,   12,516,892  11,900,312  11,828,943  11,489,900  11,202,842
excluding covered
loans
Covered loans      454,602     518,661     560,087     657,525     614,062
Total loans        12,971,494  12,418,973  12,389,030  12,147,425  11,816,904
Less: Allowance    106,842     110,348     107,351     112,287     111,920
for loan losses
Less: Allowance
for covered loan   14,429      12,272      13,454      21,926      20,560
losses
Net loans          12,850,223  12,296,353  12,268,225  12,013,212  11,684,424
Premises and       512,928     504,803     501,205     461,905     449,608
equipment, net
FDIC
indemnification    137,681     170,696     208,160     238,305     222,568
asset
Accrued interest
receivable and     573,709     485,746     511,617     557,884     710,275
other assets
Trade date
securities         —           —           —           307,295     —
receivable
Goodwill           356,871     343,632     345,401     331,634     330,896
Other intangible   20,137      19,510      20,947      22,405      21,213
assets
Total assets       $17,613,546 $17,074,247 $17,519,613 $17,018,592 $16,576,282
Liabilities and
Shareholders'                                                  
Equity
Deposits:                                                      
Non-interest       $2,450,659  $2,243,440  $2,396,264  $2,162,215  $2,047,715
bearing
Interest bearing   11,915,195  11,719,317  12,032,280  11,685,750  11,009,866
Total deposits     14,365,854  13,962,757  14,428,544  13,847,965  13,057,581
Notes payable      1,729       31,911      2,093       2,275       2,457
Federal Home Loan  585,942     414,032     414,122     414,211     564,301
Bank advances
Other borrowings   252,776     256,244     274,411     377,229     375,523
Secured borrowings
- owed to          —           —           —           —           360,825
securitization
investors
Subordinated notes 10,000      15,000      15,000      15,000      15,000
Junior
subordinated       249,493     249,493     249,493     249,493     249,493
debentures
Trade date         577         1,250       —           412         19,025
securities payable
Accrued interest
payable and other  310,515     317,872     331,245     350,707     210,003
liabilities
Total liabilities  15,776,886  15,248,559  15,714,908  15,257,292  14,854,208
Shareholders'                                                  
Equity:
Preferred stock    176,476     176,441     176,406     176,371     176,337
Common stock       37,985      37,272      37,108      36,647      36,573
Surplus            1,066,796   1,040,098   1,036,295   1,018,417   1,013,428
Treasury stock     (8,214)     (8,187)     (7,838)     (7,490)     (7,374)
Retained earnings  612,821     581,131     555,023     527,550     501,139
Accumulated other
comprehensive      (49,204)    (1,067)     7,711       9,805       1,971
(loss) income
Total
shareholders'      1,836,660   1,825,688   1,804,705   1,761,300   1,722,074
equity
Total liabilities
and shareholders'  $17,613,546 $17,074,247 $17,519,613 $17,018,592 $16,576,282
equity


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Consolidated Statements of Income (Unaudited) - 5 Quarter Trends
                                                                 
                               Three Months Ended
                               June 30, March 31, December September June 30,
                                                   31,      30,
(In thousands, except per share 2013     2013      2012     2012      2012
data)
Interest income                                                   
Interest and fees on loans      $145,983 $142,114  $146,946 $149,271  $144,100
Interest bearing deposits with  411      569       739      362       203
banks
Federal funds sold and
securities purchased under      4        15        13       7         6
resale agreements
Securities                      9,359    8,752     8,086    7,691     10,510
Trading account securities      8        5         6        3         10
Federal Home Loan Bank and      693      684       656      649       641
Federal Reserve Bank stock
Brokerage customer receivables  188      174       197      218       221
Total interest income           156,646  152,313   156,643  158,201   155,691
Interest expense                                                  
Interest on deposits            13,675   14,504    16,208   16,794    17,273
Interest on Federal Home Loan   2,821    2,764     2,835    2,817     2,867
Bank advances
Interest on notes payable and   1,132    1,154     1,566    2,024     2,274
other borrowings
Interest on secured borrowings
- owed to securitization        —        —         —        795       1,743
investors
Interest on subordinated notes  52       59        66       67        126
Interest on junior subordinated 3,142    3,119     3,192    3,129     3,138
debentures
Total interest expense          20,822   21,600    23,867   25,626    27,421
Net interest income             135,824  130,713   132,776  132,575   128,270
Provision for credit losses     15,382   15,687    19,546   18,799    20,691
Net interest income after       120,442  115,026   113,230  113,776   107,579
provision for credit losses
Non-interest income                                               
Wealth management               15,892   14,828    13,634   13,252    13,393
Mortgage banking                31,734   30,145    34,702   31,127    25,607
Service charges on deposit      5,035    4,793     4,534    4,235     3,994
accounts
Gains on available-for-sale     2        251       2,561    409       1,109
securities, net
Fees from covered call options  993      1,639     2,156    2,083     3,114
Gain on bargain purchases, net  —        —         85       6,633     (55)
Trading gains (losses), net     3,260    (435)     (120)    (998)     (928)
Other                           7,079    6,158     7,637    6,204     4,701
Total non-interest income       63,995   57,379    65,189   62,945    50,935
Non-interest expense                                              
Salaries and employee benefits  79,225   77,513    76,140   75,280    68,139
Equipment                       6,413    6,184     6,468    5,888     5,466
Occupancy, net                  8,707    8,853     8,480    8,024     7,728
Data processing                 4,358    4,599     4,178    4,103     3,840
Advertising and marketing       2,722    2,040     2,725    2,528     2,179
Professional fees               4,191    3,221     3,158    4,653     3,847
Amortization of other           1,164    1,120     1,108    1,078     1,089
intangible assets
FDIC insurance                  3,003    3,444     3,039    3,549     3,477
OREO expense (income), net      2,284    (1,620)   5,269    3,808     5,848
Other                           16,120   14,765    18,983   15,637    15,572
Total non-interest expense      128,187  120,119   129,548  124,548   117,185
Income before taxes             56,250   52,286    48,871   52,173    41,329
Income tax expense              21,943   20,234    18,782   19,871    15,734
Net income                      $34,307  $32,052   $30,089  $32,302   $25,595
Preferred stock dividends and   $2,617   $2,616    $2,616   $2,616    $2,644
discount accretion
Net income applicable to common $31,690  $29,436   $27,473  $29,686   $22,951
shares
Net income per common share -   $0.85    $0.80     $0.75    $0.82     $0.63
Basic
Net income per common share -   $0.69    $0.65     $0.61    $0.66     $0.52
Diluted
Cash dividends declared per     $—       $0.09     $—       $0.09     $—
common share
Weighted average common shares  37,486   36,976    36,543   36,381    36,329
outstanding
Dilutive potential common       12,354   12,463    12,458   12,295    7,770
shares
Average common shares and       49,840   49,439    49,001   48,676    44,099
dilutive common shares


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Period End Loan Balances - 5 Quarter Trends
                                                              
               June 30,    March 31,   December 31, September 30, June 30,
(Dollars in     2013        2013        2012         2012          2012
thousands)
Balance:                                                       
Commercial      $3,120,576  $2,872,695  $2,914,798   $2,771,053    $2,673,181
Commercial real 4,093,983   3,990,465   3,864,118    3,699,712     3,666,519
estate
Home equity     758,260     759,218     788,474      807,592       820,991
Residential     384,961     360,652     367,213      376,678       375,494
real-estate
Premium finance
receivables -   2,165,734   1,997,160   1,987,856    1,982,945     1,830,044
commercial
Premium finance
receivables -   1,821,147   1,753,512   1,725,166    1,665,620     1,656,200
life insurance
Indirect        64,521      69,245      77,333       77,378        72,482
consumer ^(1)
Consumer and    107,710     97,365      103,985      108,922       107,931
other
Total loans,
net of unearned
income,         $12,516,892 $11,900,312 $11,828,943  $11,489,900   $11,202,842
excluding
covered loans
Covered loans   454,602     518,661     560,087      657,525       614,062
Total loans,
net of unearned $12,971,494 $12,418,973 $12,389,030  $12,147,425   $11,816,904
income
Mix:                                                           
Commercial      24%         23%         24%          23%           23%
Commercial real 31          32          31           30            31
estate
Home equity     6           6           6            7             7
Residential     3           3           3            3             3
real-estate
Premium finance
receivables -   16          16          16           16            15
commercial
Premium finance
receivables -   14          14          14           14            14
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%         96%          95%           95%
excluding
covered loans
Covered loans   4           4           4            5             5
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
                                                              
                 June 30,    March 31,   December 31, September   June 30,
                                                       30,
(Dollars in       2013        2013        2012         2012        2012
thousands)
Balance:                                                       
Non-interest      $2,450,659  $2,243,440  $2,396,264   $2,162,215  $2,047,715
bearing
NOW               2,147,004   2,043,227   2,022,957    1,841,743   1,780,872
Wealth Management 1,083,897   868,119     991,902      979,306     954,319
deposits ^(1)
Money Market      3,037,354   2,879,636   2,761,498    2,596,702   2,335,238
Savings           1,304,619   1,258,682   1,275,012    1,156,466   958,295
Time certificates 4,342,321   4,669,653   4,980,911    5,111,533   4,981,142
of deposit
Total deposits    $14,365,854 $13,962,757 $14,428,544  $13,847,965 $13,057,581
Mix:                                                           
Non-interest      17%         16%         17%          16%         16%
bearing
NOW               15          15          14           13          14
Wealth Management 8           6           7            7           7
deposits ^(1)
Money Market      21          21          19           19          18
Savings           9           9           9            8           7
Time certificates 30          33          34           37          38
of 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
                       June 30, March 31, December 31, September 30, June 30,
(Dollars in thousands)  2013     2013      2012         2012          2012
Net interest income     $136,409 $131,207  $133,285     $133,076      $128,741
Call option income      993      1,639     2,156        2,083         3,114
Net interest income
including call option   $137,402 $132,846  $135,441     $135,159      $131,855
income
Yield on earning assets 4.04%    3.97%     4.01%        4.18%         4.25%
Rate on
interest-bearing        0.65     0.68      0.74         0.81          0.89
liabilities
Rate spread             3.39%    3.29%     3.27%        3.37%         3.36%
Net free funds          0.11     0.12      0.13         0.13          0.15
contribution
Net interest margin     3.50     3.41      3.40         3.50          3.51
Call option income      0.03     0.04      0.05         0.05          0.08
Net interest margin
including call option   3.53%    3.45%     3.45%        3.55%         3.59%
income


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Net Interest Margin (Including Call Option Income - YTD Trends)
                                                                 
                                Six Months Years Ended
                               Ended      December 31,
                                June 30,
(Dollars in thousands)          2013       2012     2011     2010     2009
Net interest income             $267,616   $521,463 $463,071 $417,564 $314,096
Call option income              2,632      10,476   13,570   2,235    1,998
Net interest income including   $270,248   $531,939 $476,641 $419,799 $316,094
call option income
Yield on earning assets         4.00%      4.21%    4.49%    4.80%    5.07%
Rate on interest-bearing        0.67       0.86     1.23     1.61     2.29
liabilities
Rate spread                     3.33%      3.35%    3.26%    3.19%    2.78%
Net free funds contribution     0.13       0.14     0.16     0.18     0.23
Net interest margin             3.46       3.49     3.42     3.37     3.01
Call option income              0.03       0.07     0.10     0.02     0.02
Net interest margin including   3.49%      3.56%    3.52%    3.39%    3.03%
call option income


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Quarterly Average Balances - 5 Quarter Trends
                                                              
                 Three Months Ended
                 June 30,    March 31,   December 31, September   June 30,
                                                       30,
(In thousands)    2013        2013        2012         2012        2012
Liquidity         $2,560,118  $2,797,310  $2,949,034   $2,565,151  $2,781,730
management assets
Other earning     25,775      24,205      27,482       31,142      30,761
assets
Loans, net of     12,546,676  12,252,558  12,001,433   11,922,450  11,300,395
unearned income
Covered loans     491,603     536,284     626,449      597,518     659,783
Total earning     $15,624,172 $15,610,357 $15,604,398  $15,116,261 $14,772,669
assets
Allowance for
loan and covered  (126,455)   (125,221)   (135,156)    (138,740)   (134,077)
loan losses
Cash and due from 225,712     217,345     206,914      185,435     152,118
banks
Other assets      1,560,556   1,554,362   1,572,494    1,542,473   1,528,497
Total assets      $17,283,985 $17,256,843 $17,248,650  $16,705,429 $16,319,207
Interest-bearing  $11,766,422 $11,857,400 $11,709,058  $11,261,184 $10,815,018
deposits
Federal Home Loan 434,572     414,092     414,289      441,445     514,513
Bank advances
Notes payable and 273,255     297,151     397,807      426,716     422,146
other borrowings
Secured
borrowings - owed —           —           —            176,904     407,259
to securitization
investors
Subordinated      13,187      15,000      15,000       15,000      23,791
notes
Junior
subordinated      249,493     249,493     249,493      249,493     249,493
notes
Total
interest-bearing  $12,736,929 $12,833,136 $12,785,647  $12,570,742 $12,432,220
liabilities
Non-interest      2,379,315   2,290,725   2,314,935    2,092,028   1,993,880
bearing deposits
Other liabilities 308,476     314,855     361,244      305,919     197,667
Equity            1,859,265   1,818,127   1,786,824    1,736,740   1,695,440
Total liabilities
and shareholders' $17,283,985 $17,256,843 $17,248,650  $16,705,429 $16,319,207
equity


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Net Interest Margin - 5 Quarter Trends
                                                                    
                          Three Months Ended
                           June30, March31, December31, September30, June
                          2013     2013      2012         2012          30,
                                                                         2012
Yield earned on:                                                     
Liquidity management       1.70%    1.50%     1.33%        1.41%         1.69%
assets
Other earning assets       3.13     3.02      2.95         2.83          3.04
Loans, net of unearned     4.38     4.36      4.45         4.57          4.64
income
Covered loans              7.40     7.96      8.10         8.25          8.50
Total earning assets       4.04%    3.97%     4.01%        4.18%         4.25%
Rate paid on:                                                        
Interest-bearing deposits  0.47%    0.50%     0.55%        0.59%         0.64%
Federal Home Loan Bank     2.60     2.71      2.72         2.54          2.24
advances
Notes payable and other    1.66     1.57      1.57         1.89          2.17
borrowings
Secured borrowings - owed
to securitization          —        —         —            1.79          1.72
investors
Subordinated notes         1.58     1.56      1.72         1.75          2.10
Junior subordinated notes  4.98     5.00      5.01         4.91          4.97
Total interest-bearing     0.65%    0.68%     0.74%        0.81%         0.89%
liabilities
Interest rate spread       3.39%    3.29%     3.27%        3.37%         3.36%
Net free                   0.11     0.12      0.13         0.13          0.15
funds/contribution
Net interest income/Net    3.50%    3.41%     3.40%        3.50%         3.51%
interest margin


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Non-Interest Income - 5 Quarter Trends
                                                                 
                               Three Months Ended
                               June 30, March 31, December September June 30,
                                                   31,      30,
(In thousands)                  2013     2013      2012     2012      2012
Brokerage                       $7,426   $7,267    $6,404   $6,355    $6,396
Trust and asset management      8,466    7,561     7,230    6,897     6,997
Total wealth management         15,892   14,828    13,634   13,252    13,393
Mortgage banking                31,734   30,145    34,702   31,127    25,607
Service charges on deposit      5,035    4,793     4,534    4,235     3,994
accounts
Gains on available-for-sale     2        251       2,561    409       1,109
securities, net
Fees from covered call options  993      1,639     2,156    2,083     3,114
Gain on bargain purchases, net  —        —         85       6,633     (55)
Trading gains (losses), net     3,260    (435)     (120)    (998)     (928)
Other:                                                            
Interest rate swap fees         1,638    2,270     2,178    2,355     2,337
Bank Owned Life Insurance       902      846       686      810       505
Administrative services         832      738       867      825       823
Miscellaneous                   3,707    2,304     3,906    2,214     1,036
Total other income              7,079    6,158     7,637    6,204     4,701
Total Non-Interest Income       $63,995  $57,379   $65,189  $62,945   $50,935


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Non-Interest Expense - 5 Quarter Trends
                                                                 
                       Three Months Ended
                       June 30, March 31, December 31, September 30, June 30,
(In thousands)          2013     2013      2012         2012          2012
Salaries and employee                                             
benefits:
Salaries                $41,671  $41,831   $40,457      $40,173       $37,237
Commissions and bonus   25,143   21,276    23,968       24,041        19,388
Benefits                12,411   14,406    11,715       11,066        11,514
Total salaries and      79,225   77,513    76,140       75,280        68,139
employee benefits
Equipment               6,413    6,184     6,468        5,888         5,466
Occupancy, net          8,707    8,853     8,480        8,024         7,728
Data processing         4,358    4,599     4,178        4,103         3,840
Advertising and         2,722    2,040     2,725        2,528         2,179
marketing
Professional fees       4,191    3,221     3,158        4,653         3,847
Amortization of other   1,164    1,120     1,108        1,078         1,089
intangible assets
FDIC insurance          3,003    3,444     3,039        3,549         3,477
OREO expense (income),  2,284    (1,620)   5,269        3,808         5,848
net
Other:                                                            
Commissions - 3rd party 1,128    1,233     944          1,106         1,069
brokers
Postage                 1,464    1,249     1,856        1,120         1,330
Stationery and supplies 887      934       1,095        954           1,035
Miscellaneous           12,641   11,349    15,088       12,457        12,138
Total other expense     16,120   14,765    18,983       15,637        15,572
Total Non-Interest      $128,187 $120,119  $129,548     $124,548      $117,185
Expense


WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Allowance for Credit Losses, excluding covered loans - 5 Quarter Trends
                                                              
                  Three Months Ended
                  June        March       December    September   June
                   30,         31,         31,         30,         30,
(Dollars in        2013        2013        2012        2012        2012
thousands)
Allowance for loan
losses at          $110,348    $107,351    $112,287    $111,920    $111,023
beginning of
period
Provision for      15,133      15,367      20,672      18,192      18,394
credit losses
Other adjustments  (309)       (229)       (289)       (534)       (272)
Reclassification
from/(to)
allowance for      65          (213)       (260)       626         175
unfunded
lending-related
commitments
Charge-offs:                                                   
Commercial         1,093       4,540       9,782       3,315       6,046
Commercial real    14,947      3,299       9,084       17,000      9,226
estate
Home equity        1,785       2,397       3,496       1,543       1,732
Residential real   517         1,728       2,470       1,027       388
estate
Premium finance
receivables -      1,306       1,068       1,284       886         744
commercial
Premium finance
receivables - life —           —           13          —           3
insurance
Indirect consumer  16          32          64          73          33
Consumer and other 112         97          570         93          51
Total charge-offs  19,776      13,161      26,763      23,937      18,223
Recoveries:                                                    
Commercial         268         295         368         349         246
Commercial real    584         368         978         5,352       174
estate
Home equity        171         162         43          52          171
Residential real   18          5           9           8           3
estate
Premium finance
receivables -      279         285         250         191         153
commercial
Premium finance
receivables - life —           9           15          15          18
insurance
Indirect consumer  17          15          27          25          21
Consumer and other 44          94          14          28          37
Total recoveries   1,381       1,233       1,704       6,020       823
Net charge-offs    (18,395)    (11,928)    (25,059)    (17,917)    (17,400)
Allowance for loan
losses at period   $106,842    $110,348    $107,351    $112,287    $111,920
end
Allowance for
unfunded
lending-related    3,563       15,287      14,647      12,627      12,903
commitments at
period end
Allowance for
credit losses at   $110,405    $125,635    $121,998    $124,914    $124,823
period end
Annualized net
charge-offs by
category as a
percentage of its                                              
own respective
category's
average:
Commercial         0.11%       0.61%       1.35%       0.44%       0.91%
Commercial real    1.42        0.30        0.86        1.27        1.01
estate
Home equity        0.85        1.17        1.72        0.73        0.76
Residential real   0.26        0.93        1.19        0.44        0.20
estate
Premium finance
receivables -      0.20        0.16        0.21        0.14        0.14
commercial
Premium finance
receivables - life —           —           —           —           —
insurance
Indirect consumer  (0.01)      0.09        0.19        0.25        0.07
Consumer and other 0.24        0.01        1.86        0.22        0.05
Total loans, net
of unearned        0.59%       0.39%       0.83%       0.60%       0.62%
income, excluding
covered loans
Net charge-offs as
a percentage of    121.57%     77.62%      121.22%     98.49%      94.60%
the provision for
credit losses
Loans at           $12,516,892 $11,900,312 $11,828,943 $11,489,900 $11,202,842
period-end
Allowance for loan
losses as a
percentage of      0.85%       0.93%       0.91%       0.98%       1.00%
loans at period
end
Allowance for
credit losses as a
percentage of      0.88%       1.06%       1.03%       1.09%       1.11%
loans at period
end

*Story too large*

WINTRUST FINANCIAL CORPORATION - SUPPLEMENTAL FINANCIAL INFORMATION
Non-Performing Assets, excluding covered assets - 5 Quarter Trends
                                                                 
                       June 30, March 31, December 31, September 30, June 30,
(Dollars in thousands)  2013     2013      2012         2012          2012
Loans past due greater
than 90 days and still                                            
accruing^(1):
Commercial              $100     $—        $—           $—            $—
Commercial real-estate  3,263    —         —            —             —
Home equity             25       —         100          —             —
Residential real-estate —        —         —            —             —
Premium finance
receivables -           6,671    7,677     10,008       5,533         5,184
commercial
Premium finance
receivables - life      1,212    2,256     —            —             —
insurance
Indirect consumer       217      145       189          215           234
Consumer and other      —        —         32           —             —
Total loans past due
greater than 90 days    11,488   10,078    10,329       5,748         5,418
and still accruing
Non-accrual loans^(2):                                            
Commercial              17,248   18,373    21,737       17,711        30,473
Commercial real-estate  54,825   61,807    49,973       58,461        56,077
Home equity             12,322   14,891

[TRUNCATED]
 
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