Company: WBS-PG
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000801337-25-000004
Chunk: 270

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-03-03
Form: 10-K
Item: Item 7
Chunk 270
---
 2,345 Total Non-performing assets (1)$461,751 $218,600 $206,136 Total loans and leases plus OREO and repossessed assets$52,505,593 $50,735,108 $49,766,771 Non-performing assets as a percentage of loans and leases plus OREO   and repossessed assets0.88 %0.43 %0.41 %Non-performing assets (1)$461,751 $218,600 $206,136 Total assets79,025,073 74,945,249 71,277,521 Non-performing assets as a percentage of total assets 0.58 %0.29 %0.29 %ACL on loans and leases$689,566 $635,737 $594,741 Non-performing loans and leases (1)461,326 209,544 203,791 ACL on loans and leases as a percentage of non-performing loans and leases149.47 %303.39 %291.84 %ACL on loans and leases$689,566 $635,737 $594,741 Total loans and leases52,505,168 50,726,052 49,764,426 ACL on loans and leases as a percentage of loans and leases1.31 %1.25 %1.20 %ACL on loans and leases$689,566 $635,737 $594,741 Net charge-offs166,914 108,086 67,288 Ratio of ACL on loans and leases to net charge-offs4.13x5.88x8.84x

(1)Non-performing asset balances and related asset quality ratios exclude the impact of net unamortized (discounts)/premiums and net unamortized deferred (fees)/costs on loans and leases.

(2)The increase from 2023 to 2024 is primarily due to non-performing commercial non-mortgage and commercial real estate loans.

The following table summarizes net charge-offs (recoveries) as a percentage of average loans and leases for each category:At or for the years ended December 31,202420232022(In thousands)Net Charge-offs (Recoveries)Average Balance%Net Charge-offs (Recoveries)Average Balance%Net Charge-offs (Recoveries)Average Balance