Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 42

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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1,600 2,400 Trade name6,100 2,033 4,067 6,100 1,118 4,982 Total other intangible assets$461,674 $153,995 $307,679 $461,000 $126,699 $334,301 (1)The increase in the gross carrying amount of Core deposits reflects the asset acquisition of Allegacy Federal Credit Union HSAs, as previously discussed in Note 2: Business Developments. The associated $0.7 million core deposit intangible asset is being amortized over an estimated useful life of 9 years using a 1.5% declining balance approach.The remaining estimated aggregate future amortization expense for other intangible assets is as follows:(In thousands)September 30,2025Remainder of 2025$8,791 202634,182 202733,116 202830,231 202928,357 Thereafter173,002 

58

Note 6: Deposits

The following table summarizes deposits by type:(In thousands)September 30,2025December 31,2024Non-interest-bearing:Demand$10,491,975 $10,316,501 Interest-bearing:Checking10,723,584 9,834,790 Health savings accounts9,135,425 8,951,031 Money market23,188,134 20,433,250 Savings7,060,713 6,982,554 Time deposits7,575,813 8,234,954 Total interest-bearing$57,683,669 $54,436,579 Total deposits$68,175,644 $64,753,080 Time deposits, money market, and interest-bearing checking obtained through brokers (1)$2,037,759 $3,181,298 Aggregate amount of time deposit accounts that exceeded the FDIC limit (2)1,525,325 1,407,077 Deposit overdrafts reclassified as loan balances4,570 7,146 (1)Excludes money market deposits received through interSYNC of $9.2 billion at September 30, 2025, and $7.3 billion at December 31, 2024.(2)Excludes an aggregate amount of time deposit accounts that were at the FDIC limit of $11.3 million at September 30