Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 168

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 168
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-mortgage$216,003 $42,997 $248,078 $50,943 Asset-based44,353 18,262 20,787 1,080 Commercial real estate200,947 37,160 120,151 26,666 Multi-family23,009 22,877 18,043 17,953 Equipment financing14,989 1,039 19,367 1,809 Commercial portfolio499,301 122,335 426,426 98,451 Residential16,024 7,223 12,750 6,923 Home equity18,421 9,914 21,425 12,225 Other consumer409 2 124 3 Consumer portfolio34,854 17,139 34,299 19,151 Total $534,155 $139,474 $460,725 $117,602 Allowance for Credit Losses on Loans and Leases The following table summarizes the change in the ACL on loans and leases by portfolio segment:Three months ended June 30,20252024(In thousands)Commercial PortfolioConsumer PortfolioTotalCommercial PortfolioConsumer PortfolioTotalACL on loans and leases:Balance, beginning of period$649,450 $63,871 $713,321 $589,109 $52,333 $641,442 Provision (benefit)45,635 (509)45,126 65,607 (4,566)61,041 Charge-offs(39,792)(1,446)(41,238)(33,356)(1,418)(34,774)Recoveries3,250 1,587 4,837 360 1,286 1,646 Balance, end of period$658,543 $63,503 $722,046 $621,720 $47,635 $669,355  Six months ended June 30,20252024(In thousands)Commercial PortfolioConsumer PortfolioTotalCommercial PortfolioConsumer PortfolioTotalACL on loans and leases:Balance, beginning of period$635,871 $53,695 $689,566 $577,663 $58,074 $635,737 Provision (benefit)113,838 10,000 123,838 114,961 (10,726)104,235 Charge-offs(95,358)(2,