Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 167

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 167
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, $2.6 million of the gross losses realized on sale of available-for-sale securities was due to credit related factors and, therefore, was included in the Provision for credit losses on the accompanying Condensed Consolidated Statements of Income. There were no gross losses realized on sale of available-for-sale securities due to credit related factors for the three and nine months ended September 30, 2025. The net amounts presented as a component of non-interest income for the three and nine months ended September 30, 2025, and 2024, respectively, include the portion of any gross losses that were not due to credit related factors. 

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Other InformationThe following table summarizes the carrying value of available-for-sale securities pledged for deposits, borrowings, and other purposes:(In thousands)September 30, 2025December 31, 2024Pledged for deposits$2,320,525$1,596,378Pledged for borrowings and other7,220,8376,863,183Total available-for-sale securities pledged$9,541,362$8,459,561Held-to-MaturityThe following tables summarize the amortized cost, fair value, and ACL on held-to-maturity securities by major type: September 30, 2025(In thousands)AmortizedCost (1)UnrealizedGainsUnrealizedLossesFair ValueAllowance for Credit LossesNet Carrying ValueAgency CMO$17,581 $— $(1,177)$16,404 $— $17,581 Agency MBS2,867,864 20,480 (242,618)2,645,726 — 2,867,864 Agency CMBS4,300,757 — (574,078)3,726,679 — 4,300,757 Municipal bonds and notes826,290 478 (38,003)788,765 (102)826,188 CMBS65,115 — (1,802)63,313 — 65,115 Total held-to-maturity$8,077,607 $20,958 $(857,678)$7,240,887 $(102)$8,077,505 December 31, 2024(In thousands)AmortizedCost (1)UnrealizedGainsUnrealizedLossesFair ValueAllowance for Credit LossesNet Carrying ValueAgency