Call reports 2008
WASHINGTON TRUST BANK — 2008
What WASHINGTON TRUST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 3,820,764,000 | 3,942,677,000 | 4,058,490,000 | 4,084,953,000 |
| Total loans | 2,939,796,000 | 3,120,402,000 | 3,201,227,000 | 3,252,578,000 |
| Allowance for loan losses | 46,732,000 | 41,634,000 | 45,447,000 | 56,767,000 |
| Securities available for sale | 588,136,000 | 621,887,000 | 670,512,000 | 636,361,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,886,579,000 | 2,838,585,000 | 2,984,858,000 | 3,080,239,000 |
| Interest-bearing deposits | 2,364,516,000 | 2,320,363,000 | 2,447,805,000 | 2,512,962,000 |
| Noninterest-bearing deposits | 522,063,000 | 518,222,000 | 537,053,000 | 567,277,000 |
| Equity capital | 329,147,000 | 327,506,000 | 323,936,000 | 281,698,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 60,352,000 | 116,520,000 | 173,953,000 | 228,666,000 |
| Interest expense | 25,231,000 | 47,024,000 | 69,205,000 | 90,052,000 |
| Net interest income | 35,121,000 | 69,496,000 | 104,748,000 | 138,614,000 |
| Noninterest income | 9,157,000 | 18,829,000 | 27,173,000 | 35,284,000 |
| Noninterest expense | 24,555,000 | 49,381,000 | 73,629,000 | 98,681,000 |
| Provision for loan losses | 721,000 | 4,008,000 | 14,976,000 | 55,175,000 |
| Pretax income | 19,002,000 | 35,038,000 | 45,301,000 | 22,027,000 |
| Income tax | 6,392,000 | 11,737,000 | 14,940,000 | 6,186,000 |
| Net income | 12,610,000 | 23,301,000 | 30,361,000 | 15,841,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 332,299,000 | 337,141,000 | 341,600,000 | 324,580,000 |
| Total capital | 376,942,000 | 379,775,000 | 387,448,000 | 370,665,000 |
| Risk-weighted assets | 3,568,313,000 | 3,689,881,000 | 3,667,261,000 | 3,675,113,000 |