Regulatory Capital and Restrictions (Tables)

9 Months Ended

Sep. 30, 2022

Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]

Information On The Capital Ratios

The following tables provides information on the capital ratios for Webster Financial Corporation and Webster Bank:

	At September 30, 2022
	Actual (1)				Minimum Requirement				Well Capitalized
(Dollars in thousands)	Amount		Ratio		Amount		Ratio		Amount		Ratio
Webster Financial Corporation
CET1 risk-based capital	$	5,637,725	10.80	%	$	2,348,463	4.5	%	$	3,392,224	6.5	%
Total risk-based capital	6,984,237		13.38		4,175,045		8.0		5,218,807		10.0
Tier 1 risk-based capital	5,921,704		11.35		3,131,284		6.0		4,175,045		8.0
Tier 1 leverage capital	5,921,704		8.98		2,637,840		4.0		3,297,301		5.0
Webster Bank
CET1 risk-based capital	$	6,487,577	12.46	%	$	2,342,827	4.5	%	$	3,384,084	6.5	%
Total risk-based capital	6,957,328		13.36		4,165,026		8.0		5,206,283		10.0
Tier 1 risk-based capital	6,487,577		12.46		3,123,770		6.0		4,165,026		8.0
Tier 1 leverage capital	6,487,577		9.85		2,634,102		4.0		3,292,628		5.0

	At December 31, 2021
	Actual (1)				Minimum Requirement				Well Capitalized
(Dollars in thousands)	Amount		Ratio		Amount		Ratio		Amount		Ratio
Webster Financial Corporation
CET1 risk-based capital	$	2,804,290	11.72	%	$	1,076,871	4.5	%	$	1,555,480	6.5	%
Total risk-based capital	3,265,064		13.64		1,914,436		8.0		2,393,046		10.0
Tier 1 risk-based capital	2,949,327		12.32		1,435,827		6.0		1,914,436		8.0
Tier 1 leverage capital	2,949,327		8.47		1,393,607		4.0		1,742,008		5.0
Webster Bank
CET1 risk-based capital	$	3,034,883	12.69	%	$	1,075,920	4.5	%	$	1,554,107	6.5	%
Total risk-based capital	3,273,300		13.69		1,912,747		8.0		2,390,934		10.0
Tier 1 risk-based capital	3,034,883		12.69		1,434,560		6.0		1,912,747		8.0
Tier 1 leverage capital	3,034,883		8.72		1,392,821		4.0		1,741,026		5.0

(1)In accordance with regulatory capital rules, Webster elected an option to delay the estimated impact of the adoption of CECL on its regulatory capital over a two-year deferral period, which ended on January 1, 2022, and a subsequent three-year transition period ending on December 31, 2024. Therefore, the December 31, 2021 capital ratios and amounts exclude the impact of the increased ACL on loans and leases, held-to-maturity debt securities, and unfunded loan commitments related to the adoption of CECL on January 1, 2020, adjusted for an approximation of the after-tax provision for credit losses attributable to CECL relative to the incurred loss methodology during the deferral period. During the three year transition period, capital ratios will begin to phase out the aggregate amount of the capital benefit provided in the initial two years. For 2022, 2023, and 2024, Webster is allowed 75%, 50%, and 25% of the capital benefit as of December 31, 2021, respectively, with full absorption occurring in 2025.