Company: WBS-PG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000801337-25-000026
Chunk: 132

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 132
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 and equipment and intangible assets18,239 19,027 Net (accretion) amortization of interest-earning assets and borrowings(41,132)(11,893)Amortization of low-income housing tax credit investments32,061 20,413 Reduction of ROU lease assets7,614 7,475 Net (gain) loss on sale of investment securities(220)9,826 Originations of loans held for sale(3,105)(3,317)Proceeds from sale of loans held for sale2,741 4,713 Net (gain) on sale of mortgage servicing rights— (11,655)(Increase) in cash surrender value of life insurance policies(7,992)(5,946)(Gain) from life insurance policies(821)(6,888)(Gain) on sale of alternative investments(3,291)— Other operating activities, net(499)(4,257)Net (increase) decrease in derivative contract assets and liabilities(84,526)56,534 Net (increase) decrease in prepaid expenses and other assets(14,062)296,416 Net (decrease) in accrued expenses and other liabilities(156,181)(418,820)Net cash provided by operating activities94,890 243,681 Investing Activities:Purchases of available-for-sale securities(552,655)(244,434)Proceeds from principal payments, maturities, and calls of available-for-sale securities331,818 205,507 Proceeds from sale of available-for-sale securities14,880 331,690 Purchases of held-to-maturity securities— (677,961)Proceeds from principal payments, maturities, and calls of held-to-maturity securities162,036 80,360 Net (increase) in Federal Home Loan Bank and Federal Reserve Bank stock(29,359)(54,569)Alternative investments (capital calls), net of returns of capital(56,677)(4,192)Proceeds from sales of alternative investments4,970 — Net (increase) in loans(653,556)(692,991)Proceeds from sale of loans not originated for sale38,877 49,440 Proceeds from sale of mortgage servicing rights— 18,310 Proceeds from sale of foreclosed properties and repossessed assets181 790 Proceeds from sale of property and equipment1,428 1,042 Purchases of property and