Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2020

Operating Results And Total Assets Reportable Segments

The following table presents total assets for Webster's reportable segments and the Corporate and Reconciling category:


(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling		Consolidated Total
At September 30, 2020	$	12,666,764	$	83,104	$	10,039,505	$	10,205,070	$	32,994,443
At December 31, 2019	11,541,803		80,176		9,348,727		9,418,638		30,389,344

The following tables present the operating results, including all appropriate allocations, for Webster’s reportable segments and the Corporate and Reconciling category:


	Three months ended September 30, 2020
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling		Consolidated Total
Net interest income	$	107,417	$	39,861	$	108,218	$	(36,240)	$	219,256
Non-interest income	13,099		27,235		28,970		5,756		75,060
Non-interest expense	47,610		34,789		98,991		2,606		183,996
Pre-tax, pre-provision net revenue	72,906		32,307		38,197		(33,090)		110,320
Provision for credit losses	30,793		—		(8,040)		(3)		22,750
Income before income tax expense	42,113		32,307		46,237		(33,087)		87,570
Income tax expense	10,314		8,626		9,155		(9,806)		18,289
Net income	$	31,799	$	23,681	$	37,082	$	(23,281)	$	69,281


	Three months ended September 30, 2019
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling		Consolidated Total
Net interest income	$	104,549	$	43,581	$	104,613	$	(12,204)	$	240,539
Non-interest income	13,987		23,526		28,115		4,303		69,931
Non-interest expense	45,261		32,918		99,835		1,880		179,894
Pre-tax, pre-provision net revenue	73,275		34,189		32,893		(9,781)		130,576
Provision for credit losses	9,312		—		1,988		—		11,300
Income before income tax expense	63,963		34,189		30,905		(9,781)		119,276
Income tax expense	15,863		9,060		6,552		(6,064)		25,411
Net income	$	48,100	$	25,129	$	24,353	$	(3,717)	$	93,865


	Nine months ended September 30, 2020
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling		Consolidated Total
Net interest income	$	311,595	$	121,868	$	312,558	$	(71,557)	$	674,464
Non-interest income	41,063		76,721		79,995		10,735		208,514
Non-interest expense	138,848		105,887		291,644		3,037		$	539,416
Pre-tax, pre-provision net revenue	213,810		$	92,702	100,909		(63,859)		343,562
Provision for credit losses	131,876		—		6,965		(91)		138,750
Income before income tax expense	81,934		92,702		93,944		(63,768)		204,812
Income tax expense	20,066		24,751		18,601		(19,183)		44,235
Net income	$	61,868	$	67,951	$	75,343	$	(44,585)	$	160,577


	Nine months ended September 30, 2019
(In thousands)	Commercial Banking		HSA Bank		Community Banking		Corporate and Reconciling		Consolidated Total
Net interest income	$	303,107	$	130,692	$	318,741	$	(28,663)	$	723,877
Non-interest income	42,643		74,082		81,172		16,499		214,396
Non-interest expense	136,075		100,693		291,076		8,376		536,220
Pre-tax, pre-provision net revenue	209,675		104,081		108,837		(20,540)		402,053
Provision for credit losses	23,294		—		8,506		—		31,800
Income before income tax expense	186,381		104,081		100,331		(20,540)		370,253
Income tax expense	46,224		27,582		21,269		(17,072)		78,003
Net income	$	140,157	$	76,499	$	79,062	$	(3,468)	$	292,250