Federal Home Loan Bank Advances

6 Months Ended

Jun. 30, 2013

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



	At June 30, 2013				At December 31, 2012
(Dollars in thousands)	Total Outstanding		Weighted Average Contractual Coupon Rate		Total Outstanding		Weighted Average Contractual Coupon Rate
Stated Maturity:
2013	$	1,125,000	0.22	%	$	1,425,000	0.34	%
2016	145,934		1.80		145,934		1.80
2017	500		5.66		500		5.66
2018-2032	356,010		1.33		256,093		1.29
	1,627,444		0.60	%	1,827,527		0.59	%
Unamortized premiums	73				85
Total Federal Home Loan Bank advances	$	1,627,517			$	1,827,612

At June 30, 2013, Webster Bank had pledged loans with an aggregate carrying value of $4.9 billion as collateral for borrowings and had additional borrowing capacity from the FHLB of approximately $1.4 billion, as well as an unused line of credit of approximately $5.0 million. At December 31, 2012, Webster Bank had pledged loans with an aggregate carrying value of $3.7 billion as collateral for borrowings and had additional borrowing capacity from the FHLB of approximately $0.5 billion, as well as an unused line of credit of approximately $5.0 million. At June 30, 2013 and December 31, 2012, 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.

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