Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

Schedule Of Long-Term Debt

Long-term debt consists of the following:

(Dollars in thousands)	Maturity Date	Stated Interest Rate	At June 30, 2013			At December 31, 2012
Senior fixed-rate notes	2014	5.125%	$	150,000		$	150,000
Subordinated fixed-rate notes (1)	2013	5.875%	—			102,579
Junior subordinated debt Webster Statutory Trust I floating-rate notes (2)	2033	3.223%	77,320			77,320
Total notes and subordinated debt			227,320			329,899
Unamortized discount, net			(56		)	(93		)
Hedge accounting adjustments			2,664			4,470
Total long-term debt			$	229,928		$	334,276

(1) The Bank used cash on hand to pay off the subordinated fixed-rate notes which matured on January 15, 2013.

(2) The interest rate on Webster Statutory Trust I floating-rate notes, which varies quarterly based on 3-month LIBOR plus 2.95%, was 3.223% at June 30, 2013 and 3.258% at December 31, 2012.