Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 197

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 197
---
335 831 6,781 Other comprehensive income, net of tax52,180 813 277 53,270 157,619 12,941 831 171,391 Balance, end of period$(362,699)$3,341 $(25,634)$(384,992)$(362,699)$3,341 $(25,634)$(384,992)Three months ended September 30, 2024Nine months ended September 30, 2024(In thousands)Investment Securities Available-for-SaleDerivative Financial InstrumentsDefined Benefit Pension and Other Postretirement Benefit PlansTotalInvestment Securities Available-for-SaleDerivative Financial InstrumentsDefined Benefit Pension and Other Postretirement Benefit PlansTotalBalance, beginning of period$(563,530)$(34,468)$(29,901)$(627,899)$(517,450)$(2,869)$(30,252)$(550,571)Other comprehensive income (loss) before reclassifications191,541 37,238 (347)228,432 104,980 (10,942)(954)93,084 Amounts reclassified from accumulated other comprehensive (loss)16,975 8,821 428 26,224 57,456 25,402 1,386 84,244 Other comprehensive income, net of tax208,516 46,059 81 254,656 162,436 14,460 432 177,328 Balance, end of period$(355,014)$11,591 $(29,820)$(373,243)$(355,014)$11,591 $(29,820)$(373,243)The following table further summarizes the amounts reclassified from accumulated other comprehensive (loss):Accumulated Other Comprehensive (Loss) ComponentsThree months endedNine months endedAssociated Line Item on the Condensed Consolidated Statements of IncomeSeptember 30,September 30,2025202420252024(In thousands)Investment securities available-for-sale:Net unrealized gains (losses) (1)$— $(23,156)$528 $(78,340)Non-interest income (2)Tax (expense) benefit — 6,181 (143)20,884 Income tax expenseNet of tax$— $(16,975)$385 $(57,456)Derivative financial instruments:Interest payments (3)$(2,748)$(12,060)