Company: WBS-PG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000801337-25-000026
Chunk: 100

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 100
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,941,377 4.63 %Held-to-maturity:Agency CMO$— — %$— — %$— — %$19,079 2.86 %$19,079 2.86 %Agency MBS— — 116 2.08 35,321 2.61 3,001,020 3.46 3,036,457 3.45 Agency CMBS— — 106,407 2.68 — — 4,226,260 4.24 4,332,667 4.21 Municipal bonds and notes2,889 2.76 56,683 2.80 205,391 2.88 579,468 3.28 844,431 2.76 CMBS— — — — — — 65,402 2.39 65,402 2.39 Total held-to-maturity$2,889 2.76 %$163,206 2.72 %$240,712 2.84 %$7,891,229 3.86 %$8,298,036 3.80 %Total investment securities (2)$8,906 2.75 %$388,527 3.63 %$997,528 3.40 %$16,844,452 4.32 %$18,239,413 4.25 %

(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.

14

Loans and Leases

The following table summarizes the amortized cost and percentage composition of the Company’s loans and leases:  March 31, 2025December 31, 2024(Dollars in thousands)Amount%Amount%Commercial non-mortgage$18,266,69734.5