Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 180

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 180
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Equipment financing—4,032—————4,0320.3 Residential———891———891— Home equity———66———66— Total (1)$1,981$147,450$13,673$1,463$51,313$13,241$77$229,1980.4  %

55

Three months ended June 30, 2024(Dollars in thousands)Term ExtensionPayment DelayCombination -Term Extension & Interest Rate ReductionTotal% of Total Class (2)Commercial non-mortgage$69,182$61$189$69,4320.4  %Asset-based6,150——6,1500.4 Commercial real estate43,974359—44,3330.3 Home equity45—56101— Total (1)$119,351$420$245$120,0160.2  %Six months ended June 30, 2024(Dollars in thousands)Interest Rate ReductionTerm ExtensionPayment DelayCombination -Term Extension & Interest Rate ReductionTotal% of Total Class (2)Commercial non-mortgage$11$86,150$42,825$1,267$130,2530.8  %Asset-based—7,817——7,8170.5 Commercial real estate—44,474359—44,8330.3 Multi-family—9,481——9,4810.1 Equipment financing—490——490— Residential626——133759— Home equity—45—121166— Total (1)$637$148,457$43,184$1,521$193,7990.4  %(1)The total amortized cost excludes accrued interest receivable of $0.5 million and $0.3 million for the three months ended June 30, 2025, and 2024, respectively, and $0.6 million and $0.4 million for the six months ended June 30, 2025, and 2024, respectively.(2)Represents the total amortized cost of the loans modified as a percentage of the total period end loan balance by class.The following tables describe the financial effect of the modifications made to borrowers experiencing financial difficulty:Three months ended June 30, 2025Financial Effect (1)Interest Rate Reduction:Multi-familyReduced weighted average interset rate by 2.0%Term Extension:Commercial