Company: WBS-PG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000801337-25-000026
Chunk: 139

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 139
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 2025.

37

Note 3: Investment Securities

Available-for-SaleThe following tables summarize the amortized cost and fair value of available-for-sale securities by major type: March 31, 2025(In thousands)AmortizedCost (1)UnrealizedGainsUnrealizedLossesAllowance for Credit LossesFair ValueGovernment agency debentures$222,789 $— $(30,448)$— $192,341 Municipal bonds and notes122,999 2 (13,707)— 109,294 Agency CMO30,855 — (2,570)— 28,285 Agency MBS4,927,652 28,536 (198,033)— 4,758,155 Agency CMBS3,476,934 4,199 (324,833)— 3,156,300 CMBS632,333 97 (3,079)— 629,351 Corporate debt474,599 261 (36,063)(867)437,930 Private label MBS43,355 — (4,197)— 39,158 Other9,861 — (578)— 9,283 Total available-for-sale$9,941,377 $33,095 $(613,508)$(867)$9,360,097 December 31, 2024(In thousands)AmortizedCost (1)UnrealizedGainsUnrealizedLossesAllowance for Credit LossesFair ValueGovernment agency debentures$222,767 $— $(36,341)$—$186,426Municipal bonds and notes123,885 2 (13,011)—110,876Agency CMO32,193 — (3,150)—29,043Agency MBS4,760,541 11,654 (252,410)—4,519,785Agency CMBS3,400,021 84 (365,713)—3,034,392CMBS630,985 411 (6,008)—625,388Corporate debt496,087 801 (43,755)(867)452,266Private label MBS 44,081 — (4,862)—39,219Other9,855 — (650)—9,205Total available-for-sale$9,720,415 $12,952