Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 130

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 130
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 CorporationCET1 Risk-Based Capital $6,406,260 11.35 %$6,318,876 11.54 %Tier 1 Risk-Based Capital6,690,239 11.86 6,602,855 12.06 %Total Risk-Based Capital 7,927,728 14.05 7,800,717 14.24 %Tier 1 Leverage Capital6,690,239 8.57 6,602,855 8.70 %Risk-weighted assets56,428,231 54,767,609 Webster BankCET1 Risk-Based Capital$7,076,737 12.55 %$6,847,474 12.53 %Tier 1 Risk-Based Capital7,076,737 12.55 6,847,474 12.53 %Total Risk-Based Capital7,782,131 13.80 7,512,143 13.74 %Tier 1 Leverage Capital7,076,737 9.08 6,847,474 9.04 %Risk-weighted assets56,406,750 54,667,360 

(1)In accordance with regulatory capital rules, the Company elected to delay the estimated impact of the adoption of CECL on its regulatory capital over a two-year deferral period, which ended on January 1, 2022, and a subsequent three-year transition period, which ended on December 31, 2024. During the three-year transition period, regulatory capital ratios phased out the aggregate amount of the regulatory capital benefit provided from the delayed CECL adoption in the initial two years. For 2024, the Company was allowed 25% of the regulatory capital benefit as of December 31, 2021. Full absorption occurred in 2025.

Additional information regarding the required regulatory capital levels and ratios applicable to the Company and the Bank can be found within Note 10: Regulatory Capital and Restrictions in the Notes to Condensed Consolidated Financial Statements contained in Part I - Item 1. Financial Statements.

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Sources and Uses of Funds

Sources of Funds. Deposits are the primary source of cash flows for the Bank’s lending activities and general operational needs. Loan and securities repayments, proceeds from sales of loans and securities held for sale, and maturities also provide cash flows. While scheduled loan and securities repayments are a relatively stable source of