XML 109 R93.htm IDEA: XBRL DOCUMENT v3.6.0.2
Borrowings (Long-Term Debt) (Details) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Debt Instrument [Line Items]    
Notes and subordinated debt $ 227,320,000 $ 227,320,000
Debt issuance cost on senior fixed-rate notes [1] (961,000) (1,096,000)
Long-term debt $ 225,514,000 $ 225,260,000
Long term debt, variable interest rate, percentage 3.94% 3.48%
London Interbank Offered Rate (LIBOR) [Member]    
Debt Instrument [Line Items]    
Interest rate spread of LIBOR plus (as a percent) 2.95%  
Long-term Debt [Member]    
Debt Instrument [Line Items]    
Discount on senior fixed-rate notes $ (845,000) $ (964,000)
Senior Notes [Member]    
Debt Instrument [Line Items]    
Debt instrument, stated interest rate, percentage 4.375%  
Notes and subordinated debt $ 150,000,000 150,000,000
Junior Subordinated Debt [Member]    
Debt Instrument [Line Items]    
Notes and subordinated debt [2] $ 77,320,000 $ 77,320,000
[1] In accordance with the adoption of ASU No. 2015-03, Interest-Imputation of Interest (Subtopic 835-30) - Simplifying the Presentation of Debt Issuance Costs, debt issuance cost is accounted for as a reduction to long-term debt. Previously debt issuance cost was included in accrued interest receivable and other assets within the accompanying Consolidated Balance Sheets.
[2] The interest rate on Webster Statutory Trust I floating-rate notes, which varies quarterly based on 3-month LIBOR plus 2.95%, was 3.94% at December 31, 2016 and 3.48% at December 31, 2015.