Call reports 2023
WASHINGTON TRUST BANK — 2023
What WASHINGTON TRUST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 10,505,374,000 | 10,637,029,000 | 11,348,675,000 | 11,435,840,000 |
| Total loans | 6,099,479,000 | 6,285,985,000 | 6,443,190,000 | 6,510,128,000 |
| Allowance for loan losses | 138,976,000 | 141,009,000 | 144,378,000 | 146,156,000 |
| Securities available for sale | 532,016,000 | 508,411,000 | 479,094,000 | 484,726,000 |
| Securities held to maturity | 3,197,382,000 | 3,160,178,000 | 3,097,288,000 | 3,079,857,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,352,014,000 | 7,906,065,000 | 8,066,362,000 | 8,142,911,000 |
| Interest-bearing deposits | 4,420,555,000 | 4,363,592,000 | 4,617,752,000 | 4,801,747,000 |
| Noninterest-bearing deposits | 3,931,459,000 | 3,542,473,000 | 3,448,610,000 | 3,341,164,000 |
| Equity capital | 838,102,000 | 842,356,000 | 844,362,000 | 862,494,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 98,610,000 | 201,330,000 | 315,543,000 | 437,851,000 |
| Interest expense | 16,813,000 | 51,647,000 | 98,221,000 | 152,770,000 |
| Net interest income | 81,797,000 | 149,683,000 | 217,322,000 | 285,081,000 |
| Noninterest income | 15,024,000 | 29,130,000 | 42,737,000 | 57,354,000 |
| Noninterest expense | 65,639,000 | 127,744,000 | 191,518,000 | 257,280,000 |
| Provision for loan losses | 2,400,000 | 4,700,000 | 8,100,000 | 10,485,000 |
| Pretax income | 28,782,000 | 45,569,000 | 58,691,000 | 72,815,000 |
| Income tax | 6,250,000 | 9,882,000 | 12,713,000 | 15,657,000 |
| Net income | 22,532,000 | 35,687,000 | 45,978,000 | 57,158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 894,818,000 | 903,339,000 | 908,994,000 | 915,539,000 |
| Total capital | 987,063,000 | 997,451,000 | 1,005,280,000 | 1,012,439,000 |
| Risk-weighted assets | 7,336,771,000 | 7,485,131,000 | 7,656,885,000 | 7,704,791,000 |