Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2022

Operating Results And Total Assets Reportable Segments

The following tables present balance sheet information, including the appropriate allocations, for Webster's reportable segments and the Corporate and Reconciling category:


	At September 30, 2022
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Goodwill	$	1,865,887	$	57,779	$	590,105	$	—	$	2,513,771
Total assets	40,907,410		122,112		10,120,063		17,902,981		69,052,566

	At December 31, 2021
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Goodwill	$	131,000	$	21,813	$	385,560	$	—	$	538,373
Total assets	15,398,159		73,564		7,663,921		11,779,955		34,915,599

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



	Three months ended September 30, 2022
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Net interest income	$	333,554	$	58,567	$	195,748	$	(36,866)	$	551,003
Non-interest income	40,497		25,842		33,842		13,455		113,636
Non-interest expense	102,415		36,725		109,588		81,343		330,071
Pre-tax, pre-provision net revenue	271,636		47,684		120,002		(104,754)		334,568
Provision (benefit) for credit losses	33,341		—		(1,989)		5,179		36,531
Income (loss) before income taxes	238,295		47,684		121,991		(109,933)		298,037
Income tax expense (benefit)	59,574		12,779		31,718		(40,002)		64,069
Net income (loss)	$	178,721	$	34,905	$	90,273	$	(69,931)	$	233,968



	Three months ended September 30, 2021
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Net interest income	$	152,012	$	42,074	$	98,572	$	(62,967)	$	229,691
Non-interest income	22,782		24,756		24,292		11,945		83,775
Non-interest expense	50,244		32,374		73,212		24,407		180,237
Pre-tax, pre-provision net revenue	124,550		34,456		49,652		(75,429)		133,229
Provision (benefit) for credit losses	5,099		—		2,799		(148)		7,750
Income (loss) before income taxes	119,451		34,456		46,853		(75,281)		125,479
Income tax expense (benefit)	30,579		9,199		11,151		(21,163)		29,766
Net income (loss)	$	88,872	$	25,257	$	35,702	$	(54,118)	$	95,713



	Nine months ended September 30, 2022
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Net interest income	$	954,044	$	152,702	$	511,712	$	(186,547)	$	1,431,911
Non-interest income	128,670		79,352		92,541		38,041		338,604
Non-interest expense	294,375		110,674		312,464		330,570		$	1,048,083
Pre-tax, pre-provision net revenue	788,339		$	121,380	291,789		(479,076)		722,432
Provision (benefit) for credit losses	238,054		—		(5,906)		5,471		237,619
Income (loss) before income tax expense	550,285		121,380		297,695		(484,547)		484,813
Income tax expense (benefit)	133,966		32,530		77,352		(158,567)		85,281
Net income (loss)	$	416,319	$	88,850	$	220,343	$	(325,980)	$	399,532



	Nine months ended September 30, 2021
(In thousands)	Commercial Banking		HSA Bank		Consumer Banking		Corporate and Reconciling		Consolidated Total
Net interest income	$	434,087	$	126,376	$	281,012	$	(167,168)	$	674,307
Non-interest income	59,536		78,315		71,262		24,121		233,234
Non-interest expense	142,803		100,802		222,672		88,970		555,247
Pre-tax, pre-provision net revenue	350,820		103,889		129,602		(232,017)		352,294
(Benefit) for credit losses	(37,602)		—		(1,833)		(65)		(39,500)
Income (loss) before income tax expense	388,422		103,889		131,435		(231,952)		391,794
Income tax expense (benefit)	99,436		27,738		31,282		(64,488)		93,968
Net income (loss)	$	288,986	$	76,151	$	100,153	$	(167,464)	$	297,826