Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 95

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 95
---
 date net interest margin calculation. Net interest margin for the prior periods has been recast. There were no changes to the related yields/rates or net interest income that had been previously disclosed. 

The following table summarizes the change in net interest income attributable to changes in rate and volume, and reflects net interest income on an FTE basis:Three months ended June 30,Six months ended June 30,2025 vs. 2024Increase (decrease) due to2025 vs. 2024Increase (decrease) due to(In thousands)Rate (1)VolumeTotalRate (1)VolumeTotalChange in interest on interest-earning assets:Loans and leases$(47,840)$26,339 $(21,501)$(106,677)$49,700 $(56,977)Investment securities23,708 11,393 35,101 55,862 22,403 78,265 FHLB and FRB stock(1,079)156 (923)(1,185)(136)(1,321)Interest bearing-deposits(5,040)21,805 16,765 (9,894)38,805 28,911 Loans held for sale(1,455)(4,131)(5,586)(2,073)(3,580)(5,653)Total interest income$(31,706)$55,562 $23,856 $(63,967)$107,192 $43,225 Change in interest on interest-bearing liabilities:Interest-bearing checking$(3,833)$1,645 $(2,188)$(6,334)$3,692 $(2,642)Health savings accounts200 229 429 309 489 798 Money market(33,081)30,906 (2,175)(67,833)62,013 (5,820)Savings3,193 2,028 5,221 8,508 3,311 11,819 Certificates of deposit(15,608)1,699 (13,909)(26,081)4,615 (21,466)Brokered certificates of deposit(4,425)(4,478)(8,903)(7,481)(6,321)(13,802)Securities sold under agreements to repurchase185 (3)182 1,601 86 1,687 Federal funds purchased— (