Call reports 2024
WASHINGTON TRUST BANK — 2024
What WASHINGTON TRUST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 10,929,896,000 | 10,788,703,000 | 11,052,623,000 | 10,727,568,000 |
| Total loans | 6,584,271,000 | 6,771,159,000 | 6,940,447,000 | 6,892,692,000 |
| Allowance for loan losses | 147,848,000 | 152,056,000 | 155,198,000 | 153,558,000 |
| Securities available for sale | 412,433,000 | 406,428,000 | 410,770,000 | 300,439,000 |
| Securities held to maturity | 3,045,905,000 | 3,026,546,000 | 2,946,097,000 | 2,736,717,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,990,445,000 | 7,984,153,000 | 8,663,700,000 | 8,824,244,000 |
| Interest-bearing deposits | 4,880,321,000 | 4,938,198,000 | 5,383,738,000 | 5,587,004,000 |
| Noninterest-bearing deposits | 3,110,124,000 | 3,045,955,000 | 3,279,962,000 | 3,237,240,000 |
| Equity capital | 868,715,000 | 876,352,000 | 890,831,000 | 904,592,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 128,101,000 | 244,972,000 | 366,593,000 | 489,738,000 |
| Interest expense | 61,042,000 | 113,687,000 | 165,878,000 | 209,823,000 |
| Net interest income | 67,059,000 | 131,285,000 | 200,715,000 | 279,915,000 |
| Noninterest income | 16,024,000 | 31,628,000 | 48,413,000 | 64,672,000 |
| Noninterest expense | 66,213,000 | 136,630,000 | 203,662,000 | 272,971,000 |
| Provision for loan losses | 2,020,000 | 6,710,000 | 10,360,000 | 9,210,000 |
| Pretax income | 14,850,000 | 30,070,000 | 45,502,000 | 72,652,000 |
| Income tax | 3,085,000 | 6,303,000 | 9,578,000 | 15,454,000 |
| Net income | 11,765,000 | 23,767,000 | 35,924,000 | 57,198,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 918,411,000 | 925,765,000 | 932,579,000 | 948,077,000 |
| Total capital | 1,015,941,000 | 1,025,122,000 | 1,034,055,000 | 1,049,370,000 |
| Risk-weighted assets | 7,748,771,000 | 7,893,470,000 | 8,061,913,000 | 8,048,589,000 |