Company: WBS-PG
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000801337-25-000004
Chunk: 48

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 48
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es)/costs, in aggregate, of $(1.8) million and $(33.8) million, respectively. Accrued interest receivable of $265.0 million and $270.4 million at December 31, 2024, and 2023, respectively, is excluded from the carrying amount of loans and leases and is included in Accrued interest receivable and other assets on the accompanying Consolidated Balance Sheets. At December 31, 2024, the Company had pledged $17.9 billion and $2.9 billion of eligible loans as collateral to support borrowing capacity at the FHLB and FRB, respectively.Non-Accrual and Past Due Loans and LeasesThe following tables summarize the aging of accrual and non-accrual loans and leases by class: At December 31, 2024(In thousands)30-59 DaysPast Due andAccruing60-89 DaysPast Due andAccruing90 or More Days Past Dueand AccruingNon-accrualTotal Past Due and Non-accrualCurrent (1)Total Loansand LeasesCommercial non-mortgage$3,949 $3,318 $— $248,078 $255,345 $17,782,597 $18,037,942 Asset-based— 21,997 — 20,787 42,784 1,361,223 1,404,007 Commercial real estate22,115 558 — 120,151 142,824 14,349,612 14,492,436 Multi-family2,508 26,377 — 18,043 46,928 6,851,672 6,898,600 Equipment financing6,096 3,300 — 19,367 28,763 1,206,253 1,235,016 Commercial portfolio34,668 55,550 — 426,426 516,644 41,551,357 42,068,001 Residential 9,595 4,604 — 12,750 26,949 8,826,720 8,853,669 Home equity 6,273 2,381 — 21,425 30,079 1,397,613 1,427,692 Other consumer