Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 34

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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 2 444 351 797 Other consumer:Risk rating:800+4,920 312 218 1,765 50 284 31,549 39,098 740-79945,001 721 301 165 124 266 3,550 50,128 670-73957,952 432 372 313 220 188 3,349 62,826 580-6691,417 116 105 69 25 81 1,150 2,963 579 and below29 93 63 28 9 — 569 791 Total other consumer109,319 1,674 1,059 2,340 428 819 40,167 155,806 Current period gross write-offs3,467 17 34 20 113 193 222 4,066 Total consumer portfolio1,298,754 763,519 1,924,258 2,156,856 811,965 2,420,593 1,061,222 10,437,167 Current period gross write-offs$3,467 $17 $34 $20 $115 $784 $573 $5,010 Collateral Dependent Loans and LeasesA non-accrual loan or lease is considered collateral dependent when the borrower is experiencing financial difficulty and when repayment is substantially expected to be provided through the operation or sale of collateral. Commercial non-mortgage loans, asset-based loans, and equipment financing loans and leases are generally secured by machinery and equipment, inventory, receivables, or other non-real estate assets, whereas commercial real estate, multi-family, residential, and home equity loans are secured by real estate.At June 30, 2025, and December 31, 2024, the carrying amount of collateral dependent loans was $244.8 million and $139.5 million, respectively, for commercial loans and leases, and $28.3 million and $29.1 million, respectively, for consumer loans. The ACL for collateral dependent loans and leases is individually assessed based on the fair value of the collateral less costs to sell at the reporting date. At June 30, 2025, and December 31, 2024, the collateral value associated with collateral dependent loans and leases was $278.6 million and $200.1 million,