Pension And Other Postretirement Benefits (Tables)

12 Months Ended

Dec. 31, 2011

Pension And Other Postretirement Benefits [Abstract]

Summary Of Contributions And Funding Status Of The Plan

	Pension Protection Act Zone Status						RIP/RP Status Pending/ Implemented		Contributions by Webster  Bank Period Ending December 31,						Surcharge Imposed		Expiration Date of Collective- Borrowing Agreement
(In thousands) EIN/Pension Plan Number	2011			2010					2011		2010		2009
13-5645888/333		N/A	*		N/A	*		No	$	1,429	$	833	$	959		No		N/A
		Total contributions							$	1,429	$	833	$	959

* Plan funding at July 1, 2011 and 2010 was between 65% and 80%

Summary Of Year Contributions To Plan Exceeded More Than 5 Percent Of Total Contribution

FYE 2011	No
FYE 2010	No
FYE 2009	No

Summary Of Changes In Benefit Obligation, Changes In Plan Assets And The Funded Status Of The Pension Plans And Other Postretirement Benefit Plans

	Webster Pension						Webster SERP						Other Benefits
(In thousands)	2011			2010			2011			2010			2011			2010
Change in benefit obligation:
Benefit obligation at beginning of year	$	137,335		$	122,943		$	7,074		$	6,353		$	4,916		$	4,516
Service cost		175			250			—			—			—			—
Interest cost		7,463			7,270			350			360			215			241
Actuarial loss		28,691			10,450			760			433			452			633
Benefits paid and administrative expenses		(4,488	)		(3,578	)		(91	)		(72	)		(457	)		(474	)
Benefit obligation at end of year		169,176			137,335			8,093			7,074			5,126			4,916
Change in plan assets:
Fair value of plan assets at beginning of year		138,423			126,881			—			—			—			—
Actual return on plan assets		2,970			15,120			—			—			—			—
Employer contributions		—			—			91			72			457			474
Benefits paid and administrative expenses		(4,488	)		(3,578	)		(91	)		(72	)		(457	)		(474	)
Fair value of plan assets at end of year		136,905			138,423			—			—			—			—
(Underfunded) overfunded at end of year	$	(32,271	)	$	1,088		$	(8,093	)	$	(7,074	)	$	(5,126	)	$	(4,916	)

Summary Of Components Of Accumulated Other Comprehensive Loss On A Pre-Tax Basis

	2011						2010
(In thousands)	Webster Pension		Webster SERP		Other Benefits		Webster Pension		Webster SERP		Other Benefits
Net actuarial loss	$	70,547	$	1,423	$	1,396	$	36,950	$	663	$	1,009
Prior service cost		—		—		305		—		—		378
Total pre-tax amounts recognized in accumulated other comprehensive loss	$	70,547	$	1,423	$	1,701	$	36,950	$	663	$	1,387

Amount Recognized In The Consolidated Balance Sheets

	2011									2010
(In thousands)	Webster Pension			Webster SERP			Other Benefits			Webster Pension		Webster SERP			Other Benefits
Prepaid expenses and other assets	$	—		$	—		$	—		$	1,088	$	—		$	—
Accrued expenses and other liabilities		(32,271	)		(8,093	)		(5,126	)		—		(7,074	)		(4,916	)
(Underfunded) overfunded	$	(32,271	)	$	(8,093	)	$	(5,126	)	$	1,088	$	(7,074	)	$	(4,916	)

Summary Of Expected Future Benefit Payments

(In thousands)	Webster Pension		Webster SERP		Other Benefits
2012	$	5,788	$	1,115	$	484
2013		5,779		950		484
2014		6,473		1,518		479
2015		6,801		624		468
2016		6,866		492		451
2017-2021		40,347		1,652		1,935

Summary Of Net Periodic Benefit Cost

	Webster Pension									Webster SERP							Other Benefits
(In thousands)	2011			2010			2009			2011		2010		2009			2011			2010			2009
Net Periodic Benefit Cost Recognized in Net Income:
Service cost (benefits earned during the period)	$	175		$	250		$	250		$	—	$	—	$	—		$	—		$	—		$	—
Interest cost on benefit obligations		7,463			7,270			6,971			350		360		436			215			241			258
Expected return on plan assets		(10,550	)		(10,008	)		(8,190	)		—		—		—			—			—			—
Amortization of prior service cost		—			—			—			—		—		—			73			73			73
Recognized net loss		2,674			2,250			3,363			—		—		—			65			22			—
Settlement		—			—			—			—		—		(87	)		—			—			—
Net periodic (income) benefit cost recognized in net income		(238	)		(238	)		2,394			350		360		349			353			336			331
Changes in Funded Status Recognized in Other Comprehensive Income:
Current year actuarial loss (gain)		36,272			5,337			(6,917	)		760		434		668			452			691			222
Amortization of prior service cost		—			—			—			—		—		—			(73	)		(73	)		(73	)
Amortization of net (loss) gain		(2,674	)		(2,250	)		(3,363	)		—		—		—			(65	)		(22	)		—
Total loss (gain) recognized in other comprehensive income (loss)		33,598			3,087			(10,280	)		760		434		668			314			596			149
Total recognized in total comprehensive income (loss)	$	33,360		$	2,849		$	(7,886	)	$	1,110	$	794	$	1,017		$	667		$	932		$	480

Summary Of Plan Assets By Level

	At December 31, 2011								At December 31, 2010
(In thousands)	Total		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Fair value of financial assets of the Plan:
Registered investment companies:
Common collective funds	$	103,078	$	—	$	103,078	$	—	$	—	$	—	$	—	$	—
Exchange traded funds		32,415		32,415		—		—		136,485		136,485		—		—
Money market mutual funds		11		11		—		—		541		541		—		—
Insurance company investment contract		1,401		—		—		1,401		1,397		—		—		1,397
Total	$	136,905	$	32,426	$	103,078	$	1,401	$	138,423	$	137,026	$	—	$	1,397

Summary Of Changes In Fair Value Of Level 3 Plan Assets

(In thousands)	2011			2010
Level 3—pension assets, beginning of period	$	1,397		$	1,326
Transfers into Level 3 (a)		—			—
Unrealized gains relating to instruments still held at the reporting date		78			146
Benefit payments, admin expenses and interest income, net		(74	)		(75	)
Balance, end of year	$	1,401		$	1,397

(a) – There were no transfers to Level 3 for the years ended 2011 and 2010.

Summary Of Allocation Of The Fair Value Of The Pension Plan's Assets

	2011			2010
Assets Category:
Fixed income investments		49	%		50	%
Equity investments		51			49
Cash and cash equivalents		—			1
Total		100	%		100	%

Summary Of Plan Asset Allocation Targets

	Target
Assets Category:
Fixed income investments		50	%
Equity investments		50
Cash and cash equivalents		—
Total		100	%

Summary Of Assumption For The Expected Long-Term Rate Of Return On Assets

	Portfolio			Return
Asset Category:
Fixed income investments		50	%		5.5	%
U.S. equity investments		39			9.8
International equity investments		11			9.8

Summary Of Weighted-Average Assumptions To Determine Benefit Obligations

	Webster Pension						Webster SERP						Other Benefits
	2011			2010			2011			2010			2011			2010
Discount rate		4.35	%		5.50	%		4.00	%		5.10	%		3.60	%		4.55	%
Rate of compensation increase		n/a			n/a			n/a			n/a			n/a			n/a

Summary Of Weighted-Average Assumptions To Determine Net Periodic Benefit Cost

	Webster Pension									Webster SERP									Other Benefits
	2011			2010			2009			2011			2010			2009			2011			2010			2009
Discount rate		5.50	%		5.95	%		6.0	%		5.10	%		5.75	%		6.40	%		4.55	%		5.25	%		6.30	%
Expected long-term return on assets		7.75			8.0			8.0			n/a			n/a			n/a			n/a			n/a			n/a
Rate of compensation increase		n/a			n/a			n/a			n/a			n/a			n/a			n/a			n/a			n/a
Assumed healthcare cost trend		n/a			n/a			n/a			n/a			n/a			n/a			8.0			8.0			8.0