Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 115

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 115
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 4.22 Municipal bonds and notes2,902 2.81 56,846 2.80 230,803 2.93 549,215 3.30 839,766 2.81 CMBS— — — — — — 65,259 2.39 65,259 2.39 Total held-to-maturity$2,902 2.81 %$160,194 2.72 %$286,121 2.84 %$7,743,605 3.87 %$8,192,822 3.81 %Total investment securities (2)$3,786 2.85 %$494,518 4.25 %$989,064 3.47 %$16,894,935 4.36 %$18,382,303 4.31 %

(1)Weighted-average yields exclude FTE adjustments and hedge adjustments, and are calculated on a pre-tax basis using the current yield inclusive of premium amortization and discount accretion for each security, major type, and maturity bucket.

(2)Available-for-sale securities and held-to-maturity securities are presented at amortized cost before any allowance for credit losses.

Additional information regarding the Company’s investment securities’ portfolios can be found within Note 3: Investment Securities in the Notes to Condensed Consolidated Financial Statements contained in Part I - Item 1. Financial Statements.

17

Loans and Leases

The following table summarizes the amortized cost and percentage composition of the Company’s loans and leases:  June 30, 2025December 31, 2024(Dollars in thousands)Amount%Amount%Commercial non-mortgage$18,724,82134.9 %$18,037,94234.4 %Asset-based1,350,0062.5 1,404,0072.7 Commercial real estate14,539,70627.1 14,492,43627.6 Multi-family6,819,06912.7 6,898,60013.1 Equipment financing1,218,2762.3 1,235,0162.3 Residential9,332,41317.4 8,853,66916.9 Home equity1,385,7462.6 1,427,6922