Call reports 2003
WASHINGTON TRUST BANK — 2003
What WASHINGTON TRUST BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 2,037,429,000 | 2,041,682,000 | 2,141,465,000 | 2,210,056,000 |
| Total loans | 1,680,207,000 | 1,715,251,000 | 1,777,941,000 | 1,770,858,000 |
| Allowance for loan losses | 33,486,000 | 34,006,000 | 34,260,000 | 34,898,000 |
| Securities available for sale | 190,993,000 | 188,336,000 | 208,508,000 | 254,662,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,681,728,000 | 1,682,386,000 | 1,799,969,000 | 1,852,670,000 |
| Interest-bearing deposits | 1,321,229,000 | 1,289,556,000 | 1,399,260,000 | 1,444,016,000 |
| Noninterest-bearing deposits | 360,499,000 | 392,830,000 | 400,709,000 | 408,654,000 |
| Equity capital | 209,856,000 | 216,504,000 | 218,452,000 | 223,092,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 29,243,000 | 58,337,000 | 87,215,000 | 116,611,000 |
| Interest expense | 6,566,000 | 12,848,000 | 18,901,000 | 24,963,000 |
| Net interest income | 22,677,000 | 45,489,000 | 68,314,000 | 91,648,000 |
| Noninterest income | 6,409,000 | 14,184,000 | 22,091,000 | 28,765,000 |
| Noninterest expense | 19,203,000 | 37,817,000 | 57,405,000 | 76,442,000 |
| Provision for loan losses | 2,064,000 | 3,888,000 | 5,634,000 | 7,399,000 |
| Pretax income | 7,835,000 | 17,990,000 | 27,388,000 | 36,595,000 |
| Income tax | 2,339,000 | 5,507,000 | 8,369,000 | 11,139,000 |
| Net income | 5,496,000 | 12,483,000 | 19,019,000 | 25,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 205,711,000 | 211,407,000 | 215,531,000 | 219,256,000 |
| Total capital | 229,142,000 | 236,246,000 | 241,913,000 | 245,925,000 |
| Risk-weighted assets | 1,864,459,000 | 1,977,921,000 | 2,102,689,000 | 2,125,288,000 |