Call reports 2005
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2005
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 2,342,483,000 | 2,339,676,000 | 2,402,565,000 | 2,401,239,000 |
| Total loans | 1,296,228,000 | 1,347,316,000 | 1,398,353,000 | 1,402,347,000 |
| Allowance for loan losses | 17,058,000 | 17,442,000 | 17,614,000 | 17,918,000 |
| Securities available for sale | 696,705,000 | 656,025,000 | 613,137,000 | 619,308,000 |
| Securities held to maturity | 170,168,000 | 170,027,000 | 169,110,000 | 164,707,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,530,889,000 | 1,532,311,000 | 1,612,349,000 | 1,640,923,000 |
| Interest-bearing deposits | 1,338,164,000 | 1,329,188,000 | 1,394,177,000 | 1,443,155,000 |
| Noninterest-bearing deposits | 192,725,000 | 203,123,000 | 218,172,000 | 197,768,000 |
| Equity capital | 147,712,000 | 155,463,000 | 182,591,000 | 184,232,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 27,118,000 | 55,407,000 | 84,912,000 | 115,692,000 |
| Interest expense | 12,497,000 | 25,814,000 | 39,815,000 | 54,497,000 |
| Net interest income | 14,621,000 | 29,593,000 | 45,097,000 | 61,195,000 |
| Noninterest income | 6,079,000 | 13,070,000 | 21,450,000 | 30,527,000 |
| Noninterest expense | 12,444,000 | 25,817,000 | 40,590,000 | 56,304,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,200,000 |
| Pretax income | 7,956,000 | 16,249,000 | 25,077,000 | 34,575,000 |
| Income tax | 2,546,000 | 5,200,000 | 8,063,000 | 11,182,000 |
| Net income | 5,410,000 | 11,049,000 | 17,014,000 | 23,393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,495,000 | 126,143,000 | 126,177,000 | 130,962,000 |
| Total capital | 143,206,000 | 147,084,000 | 146,867,000 | 151,383,000 |
| Risk-weighted assets | 1,346,604,000 | 1,377,269,000 | 1,390,620,000 | 1,401,902,000 |