Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 125

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 125
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 ACL on loans and leases as a percentage of total loans and leases1.35 %1.31 %ACL on loans and leases$722,046$689,566Net charge-offs (annualized)182,716166,914Ratio of ACL on loans and leases to net charge-offs (annualized)3.95x4.13x

(1)Non-performing asset balances and related asset quality ratios exclude the impact of net unamortized (discounts)/premiums and net unamortized deferred (fees)/costs on loans and leases.

(2)The change from December 31, 2024, to June 30, 2025, is primarily due to an increase in non-performing commercial real estate and asset-based loans, partially offset by a decrease in non-performing commercial non-mortgage loans.

22

The following table summarizes net charge-offs (recoveries) as a percentage of average loans and leases for each category:Three months ended June 30,20252024(Dollars in thousands)Net Charge-offs (Recoveries)Average Balance% (1)Net Charge-offs (Recoveries)Average Balance% (1)Commercial non-mortgage$12,632$18,489,2920.27 %$12,317$16,730,0250.29 %Asset-based5,8191,360,2881.71 5,0481,473,1751.37 Commercial real estate16,49314,438,0780.46 9,42814,101,8770.27 Multi-family726,864,083— 6,2178,084,6890.31 Equipment financing1,5261,214,1420.50 (14)1,265,629— Residential(807)9,228,988(0.03)(270)8,252,397(0.01)Home equity(503)1,391,259(0.14)(643)1,473,624(0.17)Other consumer1,169291,7671.60 1,04553,3837.83 Total$36,401$53,277,8970.27 %$33,128$51,434,7990.26 %Six months ended June 30,20252024(Dollars in thousands)Net Charge-offs (Recoveries)Average Balance% (