Company: WBS-PG
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000801337-25-000004
Chunk: 63

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 63
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 immaterial.For the year ended December 31, 2023Financial EffectInterest Rate Reduction:Home equityReduced weighted average interest rate by 0.5%Term Extension:Commercial non-mortgageExtended term by a weighted average of 1.3 yearsAsset-basedExtended term by a weighted average of 0.7 yearsCommercial real estateExtended term by a weighted average of 2.2 yearsEquipment financingExtended term by a weighted average of 4.5 yearsResidentialExtended term by a weighted average of 2.8 yearsHome equityExtended term by a weighted average of 10.1 yearsPayment Delay:Commercial non-mortgageProvided partial payment deferrals for a weighted average of 0.5 yearsCommercial real estateProvided payment deferrals for a weighted average of 0.3 years to be received at contractual maturityEquipment financingProvided partial payment deferrals for a weighted average of 0.5 yearsResidentialProvided payment deferrals for a weighted average of 1.0 yearCombination - Term Extension & Interest Rate Reduction:Commercial non-mortgageExtended term by a weighted average of 1.4 years and reduced weighted average interest rate by 1.8%Commercial real estateExtended term by a weighted average of 3.0 years and reduced weighted average interest rate by 2.4%ResidentialExtended term by a weighted average of 17.9 years and reduced weighted average interest rate by 0.3%Home equityExtended term by a weighted average of 16.8 years and reduced weighted average interest rate by 2.1%Combination - Term Extension & Payment Delay:Commercial non-mortgageExtended term by a weighted average of 1.1 years and provided partial payment deferrals for a weighted average of 1.0 yearCommercial real estateExtended term by a weighted average of 0.5 years and provided payment deferrals for a weighted average of 0.5 yearsCombination - Interest Rate Reduction & Payment Delay:Commercial non-mortgageReduced weighted average interest rate by 2.0% and provided payment deferrals for a weighted average of 0.5 yearsCombination - Term Extension, Interest Rate Reduction, & Payment Delay:Commercial non-mortgageExtended term by a weighted average of 0.5 years, reduced weighted average interest rate by 2.0%, and provided payment deferrals for a weighted average of 0.5 years

100

The Company closely monitors the performance of the loans that are modified to borrowers experiencing financial difficulty to