Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 26

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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520 18,043 17,953 Equipment financing13,100 227 19,367 1,809 Commercial portfolio508,233 187,522 426,426 98,451 Residential17,132 10,118 12,750 6,923 Home equity17,836 10,431 21,425 12,225 Other consumer438 2 124 3 Consumer portfolio35,406 20,551 34,299 19,151 Total $543,639 $208,073 $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 September 30,20252024(In thousands)Commercial PortfolioConsumer PortfolioTotalCommercial PortfolioConsumer PortfolioTotalACL on loans and leases:Balance, beginning of period$658,543 $63,503 $722,046 $621,720 $47,635 $669,355 Provision21,308 22,897 44,205 49,923 3,946 53,869 Charge-offs(37,914)(2,034)(39,948)(36,362)(997)(37,359)Recoveries765 829 1,594 377 1,556 1,933 Balance, end of period$642,702 $85,195 $727,897 $635,658 $52,140 $687,798  Nine months ended September 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)135,146 32,897 168,043 164,884 (6,780)158,104 Charge-offs(133,272)(4,532)(137,804)(108,179)(3,745)(111,924)Recoveries4,957 3,135 8,092 1,290 4,591 5,881 Balance, end of period (1)$642,702 $85,195 $727,897 $635,658 $52,140 $687