Call reports 2020
WASHINGTON TRUST BANK — 2020
What WASHINGTON TRUST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 7,341,297,000 | 8,814,119,000 | 9,232,965,000 | 9,803,057,000 |
| Total loans | 4,608,603,000 | 5,726,372,000 | 5,871,073,000 | 5,591,532,000 |
| Allowance for loan losses | 103,946,000 | 111,716,000 | 121,077,000 | 132,811,000 |
| Securities available for sale | 1,542,123,000 | 1,523,046,000 | 1,710,072,000 | 1,699,680,000 |
| Securities held to maturity | 620,883,000 | 603,768,000 | 566,226,000 | 877,656,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,123,184,000 | 7,540,789,000 | 8,167,050,000 | 8,715,105,000 |
| Interest-bearing deposits | 3,418,250,000 | 3,993,989,000 | 4,353,387,000 | 4,547,497,000 |
| Noninterest-bearing deposits | 2,704,934,000 | 3,546,800,000 | 3,813,663,000 | 4,167,608,000 |
| Equity capital | 732,559,000 | 755,430,000 | 773,303,000 | 778,960,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 68,481,000 | 138,760,000 | 211,143,000 | 287,446,000 |
| Interest expense | 4,791,000 | 8,716,000 | 12,101,000 | 15,213,000 |
| Net interest income | 63,690,000 | 130,044,000 | 199,042,000 | 272,233,000 |
| Noninterest income | 13,439,000 | 26,873,000 | 44,678,000 | 63,588,000 |
| Noninterest expense | 48,375,000 | 98,356,000 | 149,842,000 | 207,231,000 |
| Provision for loan losses | 7,000,000 | 14,500,000 | 23,500,000 | 33,000,000 |
| Pretax income | 23,820,000 | 48,866,000 | 74,785,000 | 99,479,000 |
| Income tax | 5,210,000 | 10,754,000 | 16,499,000 | 21,926,000 |
| Net income | 18,610,000 | 38,112,000 | 58,286,000 | 77,553,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 697,979,000 | 709,992,000 | 723,178,000 | 736,755,000 |
| Total capital | 767,357,000 | 779,369,000 | 794,520,000 | 809,284,000 |
| Risk-weighted assets | 5,514,667,000 | 5,506,837,000 | 5,656,633,000 | 5,741,076,000 |