Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 37

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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,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 non-mortgageExtended term by a weighted average of 1.4 yearsAsset-basedExtended term by a weighted average of 1.0 yearCommercial real estateExtended term by a weighted average of 0.4 yearsMulti-familyExtended term by a weighted average of 3.0 yearsEquipment financingExtended term by a weighted average of 1.8 yearsPayment Delay:Commercial non-mortgageProvided payment deferrals for a weighted average of 2.4 yearsCombination - Term Extension & Payment Delay:Commercial non-mortgageExtended term by a weighted average of 0.3 years and provided payment deferrals for a weighted average of 0.5 yearsCombination - Interest Rate Reduction & Payment DelayMulti-familyReduced weighted average interest rate by 2.0% and provided payment deferrals for a weighted average of 0.8 years

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Six months ended June 30, 2025Financial Effect (1)Interest Rate Reduction:Multi-familyReduced weighted average interest rate by 2.0%Term Extension:Commercial non-mortgageExtended term by a weighted average of 1.3 yearsAsset-basedExtended term by a weighted average of 1.0 yearCommercial real estateExtended term by a weighted average of 0.7 yearsMulti-familyExtended term by a weighted average