Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 59

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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sFair ValueNotional AmountsFair ValueDesignated in hedge relationships:Interest rate derivatives (1)$4,250,000 $5,951 $1,000,000 $645 Not designated in hedge relationships:Interest rate derivatives (1)9,182,657 234,279 9,328,401 233,509 Mortgage banking derivatives 938 6 — — Other (2)325,308 209 1,000,122 520 Total not designated as hedging instruments9,508,903 234,494 10,328,523 234,029 Gross derivative instruments, before netting$13,758,903 240,445 $11,328,523 234,674 Less: Master netting agreements69,860 69,860 Cash collateral pledged88,707 11,630 Total derivative instruments, after netting$81,878 $153,184 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 $99.1 million at September 30, 2025, and $71.1 million at December 31, 2024, for asset derivatives, and $84.2 million at September 30, 2025 and zero at December 31, 2024, for liability