Call reports 2014
WASHINGTON TRUST BANK — 2014
What WASHINGTON TRUST BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 4,449,215,000 | 4,478,780,000 | 4,711,762,000 | 4,767,725,000 |
| Total loans | 3,237,730,000 | 3,337,294,000 | 3,333,114,000 | 3,351,052,000 |
| Allowance for loan losses | 83,485,000 | 85,388,000 | 79,924,000 | 81,210,000 |
| Securities available for sale | 502,186,000 | 373,650,000 | 359,133,000 | 475,871,000 |
| Securities held to maturity | 348,163,000 | 341,161,000 | 381,866,000 | 430,462,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,774,014,000 | 3,804,887,000 | 4,032,503,000 | 4,090,761,000 |
| Interest-bearing deposits | 2,368,084,000 | 2,388,401,000 | 2,531,978,000 | 2,564,462,000 |
| Noninterest-bearing deposits | 1,405,930,000 | 1,416,486,000 | 1,500,525,000 | 1,526,299,000 |
| Equity capital | 434,908,000 | 448,062,000 | 455,998,000 | 428,951,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 38,417,000 | 78,790,000 | 119,859,000 | 161,459,000 |
| Interest expense | 1,462,000 | 2,896,000 | 4,276,000 | 5,627,000 |
| Net interest income | 36,955,000 | 75,894,000 | 115,583,000 | 155,832,000 |
| Noninterest income | 9,565,000 | 22,216,000 | 33,046,000 | 43,897,000 |
| Noninterest expense | 32,005,000 | 63,621,000 | 95,470,000 | 129,430,000 |
| Provision for loan losses | 1,250,000 | 2,750,000 | 4,500,000 | 6,000,000 |
| Pretax income | 13,280,000 | 31,813,000 | 48,733,000 | 64,376,000 |
| Income tax | 4,522,000 | 10,938,000 | 16,794,000 | 22,133,000 |
| Net income | 8,758,000 | 20,875,000 | 31,939,000 | 42,243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 452,241,000 | 462,730,000 | 472,166,000 | 455,870,000 |
| Total capital | 497,799,000 | 509,882,000 | 519,335,000 | 502,378,000 |
| Risk-weighted assets | 3,605,747,000 | 3,732,902,000 | 3,739,796,000 | 3,684,947,000 |