Company: WBS-PG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000801337-25-000026
Chunk: 12

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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$192,341 Municipal bonds and notes122,999 2 (13,707)— 109,294 Agency CMO30,855 — (2,570)— 28,285 Agency MBS4,927,652 28,536 (198,033)— 4,758,155 Agency CMBS3,476,934 4,199 (324,833)— 3,156,300 CMBS632,333 97 (3,079)— 629,351 Corporate debt474,599 261 (36,063)(867)437,930 Private label MBS43,355 — (4,197)— 39,158 Other9,861 — (578)— 9,283 Total available-for-sale$9,941,377 $33,095 $(613,508)$(867)$9,360,097 December 31, 2024(In thousands)AmortizedCost (1)UnrealizedGainsUnrealizedLossesAllowance for Credit LossesFair ValueGovernment agency debentures$222,767 $— $(36,341)$—$186,426Municipal bonds and notes123,885 2 (13,011)—110,876Agency CMO32,193 — (3,150)—29,043Agency MBS4,760,541 11,654 (252,410)—4,519,785Agency CMBS3,400,021 84 (365,713)—3,034,392CMBS630,985 411 (6,008)—625,388Corporate debt496,087 801 (43,755)(867)452,266Private label MBS 44,081 — (4,862)—39,219Other9,855 — (650)—9,205Total available-for-sale$9,720,415 $12,952 $(725,900)$(867)$9,006,600 (1)Accrued interest receivable on available-for-sale securities of $37.5 million and $35.2 million at March 31, 2025, and December 31, 2024, respectively, is excluded from amortized cost and included in Accrued interest receivable and other assets on the accompanying Condensed Consolidated Balance Sheets.Unrealized Losses