Company: WBS-PG
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000801337-25-000083
Chunk: 40

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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 Ametros acquisition in January 2024, and $8.4 million of other adjustments. The allocation of the purchase price and goodwill calculation for the Ametros acquisition was considered final as of December 31, 2024.Information regarding goodwill by reportable segment can be found within Note 15: Segment Reporting.Other Intangible AssetsThe following table summarizes other intangible assets: June 30, 2025December 31, 2024(In thousands)Gross CarryingAmountAccumulatedAmortizationNet CarryingAmountGross CarryingAmountAccumulatedAmortizationNet CarryingAmountCore deposits$328,837 $87,585 $241,252 $328,837 $76,795 $252,042 Customer relationships122,063 53,716 68,347 122,063 47,186 74,877 Non-competition agreement 4,000 2,000 2,000 4,000 1,600 2,400 Trade name6,100 1,728 4,372 6,100 1,118 4,982 Total other intangible assets$461,000 $145,029 $315,971 $461,000 $126,699 $334,301 The remaining estimated aggregate future amortization expense for other intangible assets is as follows:(In thousands)June 30,2025Remainder of 2025$17,721 202634,083 202733,033 202830,162 202928,289 Thereafter172,683 

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Note 6: Deposits

The following table summarizes deposits by type:(In thousands)June 30,2025December 31,2024Non-interest-bearing:Demand$10,345,761 $10,316,501 Interest-bearing:Checking9,933,392 9,834,790 Health savings accounts9,064,935 8,951,031 Money market21,679,493 20,433,250 Savings7,370,959 6,982,554 Time deposits7,919,885 8,234,954 Total interest-bearing$55,968,664 $54,436,579 Total deposits$66,314,425 $64,753,080 Time deposits, money market, and interest-bearing checking obtained through brokers (