Call reports 2001
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2001
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 1,318,221,000 | 1,322,403,000 | 1,356,833,000 | 1,365,363,000 |
| Total loans | 610,258,000 | 614,356,000 | 625,453,000 | 613,355,000 |
| Allowance for loan losses | 13,431,000 | 13,630,000 | 13,687,000 | 13,593,000 |
| Securities available for sale | 482,313,000 | 475,947,000 | 478,500,000 | 453,956,000 |
| Securities held to maturity | 96,575,000 | 122,433,000 | 150,025,000 | 175,106,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 743,789,000 | 755,149,000 | 800,001,000 | 818,534,000 |
| Interest-bearing deposits | 661,672,000 | 659,248,000 | 694,643,000 | 703,098,000 |
| Noninterest-bearing deposits | 82,117,000 | 95,901,000 | 105,358,000 | 115,436,000 |
| Equity capital | 89,504,000 | 91,218,000 | 97,249,000 | 96,119,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 22,370,000 | 44,483,000 | 66,806,000 | 87,527,000 |
| Interest expense | 12,796,000 | 25,608,000 | 37,475,000 | 48,160,000 |
| Net interest income | 9,574,000 | 18,875,000 | 29,331,000 | 39,367,000 |
| Noninterest income | 4,582,000 | 10,146,000 | 15,799,000 | 21,129,000 |
| Noninterest expense | 13,745,000 | 23,518,000 | 32,522,000 | 41,644,000 |
| Provision for loan losses | 200,000 | 350,000 | 450,000 | 550,000 |
| Pretax income | 216,000 | 5,561,000 | 12,566,000 | 18,650,000 |
| Income tax | 62,000 | 1,607,000 | 3,770,000 | 5,542,000 |
| Net income | 154,000 | 3,954,000 | 8,796,000 | 13,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,616,000 | 85,057,000 | 87,516,000 | 88,983,000 |
| Total capital | 94,155,000 | 96,538,000 | 98,933,000 | 100,408,000 |
| Risk-weighted assets | 699,234,000 | 709,485,000 | 722,559,000 | 718,933,000 |