Federal Home Loan Bank Advances

9 Months Ended

Sep. 30, 2012

Advances payable to the Federal Home Loan Bank are summarized as follows:



	At September 30, 2012				At December 31, 2011
(In thousands)	Total Outstanding		Weighted Average Contractual Coupon Rate		Total Outstanding		Weighted Average Contractual Coupon Rate
Stated Maturity:
2012	$	1,000,000	0.25	%	$	751,400	0.43	%
2013	150,000		0.98		199,000		2.07
2016	145,934		1.80		145,934		1.80
2017-2032	156,635		1.47		155,470		1.58
	1,452,569		0.62	%	1,251,804		0.99	%
Unamortized premiums	91				805
Total Federal Home Loan Bank advances	$	1,452,660			$	1,252,609

At September 30, 2012, Webster Bank had pledged loans with an aggregate carrying value of $4.0 billion as collateral for borrowings and had additional borrowing capacity from the FHLB of approximately $1.0 billion. At December 31, 2011, Webster Bank had pledged loans with an aggregate carrying value of $3.9 billion as collateral for borrowings and had additional borrowing capacity from the FHLB of approximately $1.0 billion. At September 30, 2012 and December 31, 2011, Webster Bank was in compliance with FHLB collateral requirements.

- Definition

The entire disclosure for borrowing from the Federal Home Loan Bank, including: (i) general description; (ii) title and nature of obligation; (iii) interest rate; (iv) payment terms; (v) maturity dates by year; (vi) collateral requirements; (vii) restrictive covenants; (viii) priority; (ix) conversion or redemption features; (x) carrying value of assets pledged as collateral; (xi) combined aggregate maturities for next five years; (xii) unused or available balances.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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Reference 6: http://www.xbrl.org/2003/role/presentationRef

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+ Details