Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 39

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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,435June 30, 2024(In thousands)Current30-59 DaysPast Due60-89 DaysPast Due90 or More Days Past DueNon-AccrualTotalCommercial non-mortgage$53,156$1,375$—$—$120,775$175,306Asset-based12,817————12,817Commercial real estate38,327———23,61361,940Multi-family————9,4819,481Equipment financing196———581777Residential268———626894Home equity350———120470Total$105,114$1,375$—$—$155,196$261,685There were $15.0 million of asset-based loans that had been modified in the form of term extensions with borrowers experiencing financial difficulty in the 12 months preceding June 30, 2025, that had a payment default during the three and six months ended June 30, 2025. Loans that had been modified with borrowers experiencing financial difficulty in the 12 months preceding June 30, 2024, that had a payment default during the three months ended June 30, 2024, were not significant. There were $17.8 million of commercial non-mortgage loans that had been modified in the form of term extensions with borrowers experiencing financial difficulty in the 12 months preceding June 30, 2024, that had a payment default during the six months ended June 30, 2024. These loans were re-modified again in the form of term extensions during the three months ended June 30, 2024. For the purposes of this disclosure, a payment default is defined as 90 or more days past due. Non-accrual loans that are modified to borrowers experiencing financial difficulty remain on non-accrual status until the borrower has demonstrated performance under the modified terms. Commitments to lend additional funds to borrowers experiencing financial difficulty whose loans had been modified were not significant.

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Note 5: Goodwill and Other Intangible Assets

GoodwillThe following table summarizes changes in the carrying amount of goodwill:(In thousands)June 30,2025December 31,2024Balance, beginning of period$2,868,068 $2,631,465 Ametros acquisition (1)— 236,603 Balance, end of period$2,868,068 $2,868,068 (1)Reflects the $228.2 million of goodwill recorded in connection with the