Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 7

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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 equipment and intangible assets36,327 36,510 Net (accretion) and amortization of interest-earning assets and borrowings(80,485)(32,845)Amortization of low-income housing tax credit investments66,672 42,249 Reduction of ROU lease assets15,520 16,522 Net (gain) loss on sale of investment securities(220)59,741 Originations of loans held for sale(4,781)(31,259)Proceeds from sale of loans held for sale5,025 5,770 Net (gain) on sale of mortgage servicing rights— (11,655)(Increase) in cash surrender value of life insurance policies(17,164)(12,305)(Gain) from life insurance policies(1,492)(8,560)(Gain) on sale of alternative investments(5,748)— Other operating activities, net(2,927)(10,061)Net (increase) decrease in derivative contract assets and liabilities(147,889)39,768 Net (increase) decrease in prepaid expenses and other assets(76,566)241,426 Net (decrease) in accrued expenses and other liabilities(79,034)(405,186)Net cash provided by operating activities365,804 467,672 Investing Activities:Purchases of available-for-sale securities(1,017,967)(654,675)Proceeds from principal payments, maturities, and calls of available-for-sale securities564,454 425,929 Proceeds from sale of available-for-sale securities14,880 1,253,332 Purchases of held-to-maturity securities— (1,732,829)Proceeds from principal payments, maturities, and calls of held-to-maturity securities283,335 189,273 Net (increase) in Federal Home Loan Bank and Federal Reserve Bank stock(48,929)(21,381)Alternative investments (capital calls), net of returns of capital(141,398)(8,533)Proceeds from sales of alternative investments9,536 — Net (increase) in loans(1,561,321)(1,223,546)Proceeds from sale of loans not originated for sale80,938 92,664 Proceeds from sale of mortgage servicing rights— 18,310 Proceeds from sale of foreclosed properties and repossessed assets261 1,490 Proceeds from sale of