Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 129

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 129
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forming commercial real estate, asset-based, and multi-family, partially offset by a decrease in non-performing commercial non-mortgage.

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The following table summarizes net charge-offs (recoveries) as a percentage of average loans and leases for each category:Three months ended September 30,20252024(Dollars in thousands)Net Charge-offs (Recoveries)Average Balance% (1)Net Charge-offs (Recoveries)Average Balance% (1)Commercial non-mortgage$15,697$19,221,5390.33 %$9,551$16,904,5430.23 %Asset-based7,5941,289,2082.36 —1,452,794— Commercial real estate12,82914,681,4600.35 20,82714,481,2330.58 Multi-family756,827,086— 5,6317,734,0600.29 Equipment financing9541,230,1000.31 (24)1,261,715(0.01)Residential(72)9,416,499— (473)8,390,613(0.02)Home equity(389)1,381,770(0.11)(799)1,451,137(0.22)Other consumer1,666325,2982.05 71376,0983.75 Total$38,354$54,372,9600.28 %$35,426$51,752,1930.27 %Nine months ended September 30,20252024(Dollars in thousands)Net Charge-offs (Recoveries)Average Balance% (1)Net Charge-offs (Recoveries)Average Balance% (1)Commercial non-mortgage$55,712$18,559,6990.40 %$53,201$16,858,8730.42 %Asset-based23,1811,352,4512.29 5,0481,483,0840.45 Commercial real estate46,55314,519,7750.43 32,36714,101,3370.31 Multi-family3226,863,8010.01 12,9767,834,8930.22 Equipment financing2,5471,219,2270.28 3,2971,273,6900.35 Residential(912