Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 176

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 176
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 most relevant credit characteristic is the FICO score, which is a widely used credit scoring system that ranges from 300 to 850. A lower FICO score is indicative of higher credit risk and a higher FICO score is indicative of lower credit risk. FICO scores are updated at least quarterly. Factors such as past due status, employment status, collateral, geography, loans discharged in bankruptcy, and the status of first lien position loans on second lien position loans, are also considered to be consumer portfolio credit quality indicators. For portfolio monitoring purposes, the Company estimates the current value of property secured as collateral for home equity and residential first mortgage lending products on an ongoing basis. The estimate is based on home price indices compiled by the S&P/Case-Shiller Home Price Indices. Real estate price data is applied to the loan portfolios taking into account the age of the most recent valuation and geographic area.

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The following tables summarize the amortized cost basis of commercial loans and leases by Composite Credit Risk Profile grade and origination year:September 30, 2025(In thousands)20252024202320222021PriorRevolving Loans Amortized Cost BasisTotalCommercial non-mortgage:Risk rating:Pass$2,696,636 $2,449,010 $1,574,054 $2,099,247 $971,914 $1,484,948 $6,989,619 $18,265,428 Special mention572 52,632 28,525 157,781 1,285 — 34,683 275,478 Substandard60,306 54,589 161,565 250,838 89,319 55,050 195,648 867,315 Doubtful— — 119 — 43 371 28 561 Total commercial non-mortgage2,757,514 2,556,231 1,764,263 2,507,866 1,062,561 1,540,369 7,219,978 19,408,782 Current period gross write-offs4,405 1,242 7,790 8,848 663 13,624 23,371 59,943 Asset-based:Risk rating:Pass2,700 212 2,490 — — 16,740 986,303 1,008,445 Special mention— — 7,