Company: WBS-PG
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000801337-25-000004
Chunk: 11

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 11
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892,965 591,207 754,545 Proceeds from sale of available-for-sale securities2,142,462 789,603 172,947 Purchases of held-to-maturity securities(1,778,098)(891,761)(1,150,023)Proceeds from principal payments, maturities, and calls of held-to-maturity securities457,433 390,073 750,752 Net decrease (increase) in Federal Home Loan Bank and Federal Reserve Bank stock5,539 119,018 (223,562)Alternative investments (capital calls), net of returns of capital(160,062)(27,430)(24,887)Proceeds from sales of alternative investments19,588 — — Net (increase) in loans(2,488,796)(1,653,257)(7,501,545)Proceeds from sale of loans not originated for sale569,538 625,968 679,693 Proceeds from sale of mortgage servicing rights18,588 — — Proceeds from sale of foreclosed properties and repossessed assets8,526 4,033 2,568 Proceeds from sale of property and equipment6,769 6,894 300 Purchases of property and equipment(35,844)(40,303)(28,762)Proceeds from life insurance policies34,358 20,098 21,893 Net cash paid for acquisition of Ametros(359,460)— — Net cash paid for acquisition of interLINK— (157,646)— Net cash paid for acquisition of Bend— — (54,407)Net cash received in merger with Sterling— — 513,960 Net cash (used for) investing activities(3,869,260)(2,595,752)(7,186,338)See accompanying Notes to Consolidated Financial Statements.

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WEBSTER FINANCIAL CORPORATION AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS, continued Years ended December 31,(In thousands)202420232022Financing Activities:Net increase in deposits3,697,887 6,721,028 936,001 Net (decrease) increase in Federal Home Loan Bank advances(249,910)(3,100,534)5,449,555 Proceeds from extinguishment of borrowings— — 2,548 Net (de