Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 38

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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Three months ended September 30, 2024(Dollars in thousands)Term ExtensionPayment DelayCombination -Term Extension & Interest Rate ReductionTotal% of Total Class (2)Commercial non-mortgage$33,694$—$280$33,9740.2  %Asset-based17,142——17,1421.2 Commercial real estate23,940——23,9400.2 Equipment financing276——276— Residential48—682730— Home equity322——322— Total (1)$75,422$—$962$76,3840.1  %Nine months ended September 30, 2024(Dollars in thousands)Interest Rate ReductionTerm ExtensionPayment DelayCombination -Term Extension & Interest Rate ReductionTotal% of Total Class (2)Commercial non-mortgage$10$112,098$34,669$1,209$147,9860.9  %Asset-based—24,809——24,8091.7 Commercial real estate—63,697356—64,0530.4 Multi-family—6,109——6,1090.1 Equipment financing—744——7440.1 Residential62248—8151,485— Home equity—367—120487— Total (1)$632$207,872$35,025$2,144$245,6730.5  %(1)The total amortized cost excludes accrued interest receivable of $1.4 million and $0.2 million for the three months ended September 30, 2025, and 2024, respectively, and $2.0 million and $0.6 million for the nine months ended September 30, 2025, and 2024, respectively.(2)Represents the total amortized cost of the loans modified as a percentage of the total period end loan balance by class.The following tables describe the financial effect of the modifications made to borrowers experiencing financial difficulty:Three months ended September 30, 2025Financial Effect (1)Term Extension:Commercial non-mortgageExtended term by a weighted average of 0.4 yearsAsset-basedExtended term by a weighted average of 0.8 yearsCommercial real estateExtended term by a weighted average of 0.8 yearsMulti-familyExtended term by a weighted average of 2.6 yearsPayment Delay:Commercial non-mortgageProvided payment deferrals for a weighted average of 0