Call reports 2007
WASHINGTON TRUST COMPANY, OF WESTERLY, THE — 2007
What WASHINGTON TRUST COMPANY, OF WESTERLY, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 2,399,297,000 | 2,393,168,000 | 2,430,902,000 | 2,539,791,000 |
| Total loans | 1,472,322,000 | 1,493,306,000 | 1,516,588,000 | 1,575,633,000 |
| Allowance for loan losses | 19,360,000 | 19,327,000 | 19,472,000 | 20,277,000 |
| Securities available for sale | 542,500,000 | 677,976,000 | 690,096,000 | 752,370,000 |
| Securities held to maturity | 164,464,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,684,589,000 | 1,669,529,000 | 1,657,384,000 | 1,648,361,000 |
| Interest-bearing deposits | 1,508,581,000 | 1,491,879,000 | 1,473,057,000 | 1,470,662,000 |
| Noninterest-bearing deposits | 176,008,000 | 177,650,000 | 184,327,000 | 177,699,000 |
| Equity capital | 198,166,000 | 194,527,000 | 206,814,000 | 216,060,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 33,301,000 | 67,181,000 | 101,502,000 | 136,427,000 |
| Interest expense | 17,978,000 | 36,553,000 | 55,187,000 | 74,826,000 |
| Net interest income | 15,323,000 | 30,628,000 | 46,315,000 | 61,601,000 |
| Noninterest income | 10,147,000 | 21,827,000 | 33,554,000 | 44,583,000 |
| Noninterest expense | 17,018,000 | 34,775,000 | 52,032,000 | 68,623,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,900,000 |
| Pretax income | 9,188,000 | 17,416,000 | 27,273,000 | 36,116,000 |
| Income tax | 2,895,000 | 5,470,000 | 8,562,000 | 11,324,000 |
| Net income | 6,293,000 | 11,946,000 | 18,711,000 | 24,792,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 143,564,000 | 145,506,000 | 149,691,000 | 154,093,000 |
| Total capital | 164,163,000 | 165,881,000 | 170,327,000 | 174,750,000 |
| Risk-weighted assets | 1,506,349,000 | 1,530,888,000 | 1,564,262,000 | 1,607,172,000 |