Call reports 2004
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2004
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 2,054,542,000 | 2,179,324,000 | 2,280,426,000 | 2,308,233,000 |
| Total loans | 1,006,753,000 | 1,102,030,000 | 1,209,175,000 | 1,250,771,000 |
| Allowance for loan losses | 16,174,000 | 16,208,000 | 16,627,000 | 16,771,000 |
| Securities available for sale | 737,985,000 | 769,328,000 | 751,240,000 | 735,665,000 |
| Securities held to maturity | 146,607,000 | 133,669,000 | 148,438,000 | 154,392,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,246,387,000 | 1,343,566,000 | 1,470,715,000 | 1,459,849,000 |
| Interest-bearing deposits | 1,065,291,000 | 1,140,980,000 | 1,253,313,000 | 1,268,297,000 |
| Noninterest-bearing deposits | 181,096,000 | 202,586,000 | 217,402,000 | 191,552,000 |
| Equity capital | 143,164,000 | 136,903,000 | 146,708,000 | 149,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 22,390,000 | 45,310,000 | 70,423,000 | 96,853,000 |
| Interest expense | 9,307,000 | 19,135,000 | 30,366,000 | 42,412,000 |
| Net interest income | 13,083,000 | 26,175,000 | 40,057,000 | 54,441,000 |
| Noninterest income | 5,940,000 | 13,101,000 | 20,059,000 | 26,520,000 |
| Noninterest expense | 11,680,000 | 24,222,000 | 37,268,000 | 50,236,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 610,000 |
| Pretax income | 7,223,000 | 14,574,000 | 22,349,000 | 30,363,000 |
| Income tax | 2,268,000 | 4,576,000 | 7,018,000 | 9,534,000 |
| Net income | 4,955,000 | 9,998,000 | 15,331,000 | 20,829,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,936,000 | 111,978,000 | 115,116,000 | 118,699,000 |
| Total capital | 126,703,000 | 130,568,000 | 134,882,000 | 139,389,000 |
| Risk-weighted assets | 1,121,795,000 | 1,206,879,000 | 1,284,612,000 | 1,318,159,000 |