Company: WBS-PG
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000801337-25-000104
Chunk: 119

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 119
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32 %

(1)Weighted-average yields exclude FTE adjustments and hedge adjustments, and are calculated on a pre-tax basis using the current yield inclusive of premium amortization and discount accretion for each security, major type, and maturity bucket.

(2)Available-for-sale securities and held-to-maturity securities are presented at amortized cost before any allowance for credit losses.

Additional information regarding the Company’s investment securities’ portfolios can be found within Note 3: Investment Securities in the Notes to Condensed Consolidated Financial Statements contained in Part I - Item 1. Financial Statements.

17

Loans and Leases

The following table summarizes the amortized cost and percentage composition of the Company’s loans and leases:  September 30, 2025December 31, 2024(Dollars in thousands)Amount%Amount%Commercial non-mortgage$19,408,78235.2 %$18,037,94234.4 %Asset-based1,258,4782.3 1,404,0072.7 Commercial real estate14,974,67027.2 14,492,43627.6 Multi-family6,936,62812.6 6,898,60013.1 Equipment financing1,245,5492.3 1,235,0162.3 Residential9,509,14217.3 8,853,66916.9 Home equity1,377,3802.5 1,427,6922.7 Other consumer341,4520.6 155,8060.3 Total loans and leases (1)$55,052,081100.0 %$52,505,168100.0 %

(1)The amortized cost balances at September 30, 2025, and December 31, 2024, exclude the ACL recorded on loans and leases of $727.9 million and $689.6 million, respectively.

The following table summarizes loans and leases by contractual maturity, along with the indication of whether interest rates are fixed or variable:September 30, 2025(In thousands)1 Year or Less1 - 5 Years5 - 15 YearsAfter 15 YearsTotalFixed rate:Commercial non-mortgage$256,170 $1,046,760 $2,785,074 $1,501,629 $5,589,633 Asset-based109,183