WBS Income Statement

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Interest Income:
Interest and fees on loans and leases 121.06M
Taxable interest and dividends on securities 42.26M
Non-taxable interest and dividends on securities 6.13M
Loans held for sale 637K
Total interest income 170.08M
Interest Expense:
Deposits 12.85M
Repurchase agreements and other short-term borrowings 5.06M
Federal Home Loan Bank advances 4.54M
Long-term debt 1.84M
Total interest expense 24.29M
Net interest income 145.8M
Provision for loan and leases losses 7.5M
Net interest income after provision for loan and lease losses 138.3M
Non-interest Income:
Deposit service fees 23.99M
Loan related fees 4.59M
Wealth and investment services 7.77M
Mortgage banking activities 7.03M
Increase in cash surrender value of life insurance policies 3.38M
Net gain (loss) on trading securities
Net gain on sale of investment securities 106K
Total other-than-temporary impairment losses on securities
Portion of the loss recognized in other comprehensive income
Net impairment losses recognized in earnings
Other income 1.41M
Total non-interest income 48.28M
Non-interest Expense:
Compensation and benefits 66.05M
Occupancy 12.88M
Technology and equipment expense 15.35M
Intangible assets amortization 1.24M
Marketing 4.81M
Professional and outside services 2.15M
Deposit insurance 5.17M
Litigation reserve
Other expenses 17.88M
Total non-interest expense 125.54M
Income from continuing operations before income tax expense 61.04M
Income tax expense 18.92M
Income from continuing operations
Income from discontinued operations, net of tax
Consolidated net income
Less: Net income (loss) attributable to non controlling interests
Net income attributable to Webster Financial Corporation 42.12M
Preferred stock dividends -2.89M
Accretion of preferred stock discount
Net income available to common shareholders 39.23M
Basic
Income from continuing operations
Net income available to common shareholders 0.46
Diluted
Income from continuing operations
Net income available to common shareholders 0.44