Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 200

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 200
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2025Asset DerivativesLiability Derivatives(In thousands)Notional AmountsFair ValueNotional AmountsFair ValueDesignated in hedge relationships:Interest rate derivatives (1)$3,500,000 $5,666 $1,750,000 $1,475 Not designated in hedge relationships:Interest rate derivatives (1)8,495,135 241,293 9,406,550 240,723 Mortgage banking derivatives 364 3 — — Other (2)279,668 593 788,112 1,589 Total not designated as hedging instruments8,775,167 241,889 10,194,662 242,312 Gross derivative instruments, before netting$12,275,167 247,555 $11,944,662 243,787 Less: Master netting agreements59,898 59,898 Cash collateral pledged114,607 15,860 Total derivative instruments, after netting$73,050 $168,029 December 31, 2024Asset DerivativesLiability Derivatives(In thousands)Notional AmountsFair ValueNotional AmountsFair ValueDesignated in hedge relationships:Interest rate derivatives (1)$750,000 $719 $4,250,000 $13,169 Not designated in hedge relationships:Interest rate derivatives (1)8,693,493 300,120 8,728,767 298,296 Mortgage banking derivatives 584 3 — — Other (2)337,370 1,300 833,449 96 Total not designated as hedging instruments9,031,447 301,423 9,562,216 298,392 Gross derivative instruments, before netting$9,781,447 302,142 $13,812,216 311,561 Less: Master netting agreements31,881 31,881 Cash collateral pledged251,212 80 Total derivative instruments, after netting$19,049 $279,600 (1)The notional amount of interest rate swaps that were centrally-cleared through clearing housings was $68.1 million at June 30, 2025, and $71.1 million at December 31, 2024, for asset derivatives, and $4.2 million at June