Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 124

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 124
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 relative to the amortized cost of the asset. 

Additional information regarding the Company’s ACL methodology can be found within Note 1: Summary of Significant Accounting Policies in the Notes to Consolidated Financial Statements contained in Part II - Item 8. Financial Statements and Supplementary Data of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.

Asset Quality Ratios

The Company manages asset quality using risk tolerance levels established through the Company’s underwriting standards, servicing, and management of its loan and lease portfolio. Loans and leases for which a heightened risk of loss has been identified are regularly monitored to mitigate further deterioration and preserve asset quality in future periods. Non-performing assets, credit losses, and net charge-offs are considered by management to be key measures of asset quality.

The following table summarizes key asset quality ratios and their underlying components:(Dollars in thousands)June 30,2025December 31, 2024Non-performing loans and leases (1) (2)$534,522 $461,326 Total loans and leases53,671,959 52,505,168 Non-performing loans and leases as a percentage of total loans and leases 1.00 %0.88 %Non-performing loans and leases (1) (2)$534,522 $461,326 Add: OREO and repossessed assets2,528 425 Total non-performing assets (1)$537,050 $461,751 Total loans and leases plus OREO and repossessed assets$53,674,487 $52,505,593 Non-performing assets as a percentage of total loans and leases plus OREO   and repossessed assets1.00 %0.88 %Non-performing assets (1)$537,050 $461,751 Total assets81,914,270 79,025,073 Non-performing assets as a percentage of total assets 0.66 %0.58 %ACL on loans and leases$722,046 $689,566 Non-performing loans and leases (1) (2)534,522 461,326 ACL on loans and leases as a percentage of non-performing loans and leases135.08 %149.47 %ACL on loans and leases$722,046 $689,566 Total loans and leases53,671,959 52,505,168